Aflac Incorporated
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Daniel Paul Amos
- Full Time Employees
- 12,716
- Sector
- Financial Services
- Industry
- Insurance - Life
- Address
- 1932 Wynnton Road Columbus GA United States of America 31999-7251
- IPO Date
- Mar 17, 1980
- CIK
- 0000004977
- Website
- aflac.com
- Similar Companies
- Business
- Aflac Incorporated is a Fortune 500 American holding company primarily engaged in the provision of supplemental health and life insurance products. The company operates through two main segments: Aflac Japan and Aflac U.S. Its core insurance offerings include accident, cancer/specified disease, dental, hospital confinement indemnity, hospital intensive care, life, lump sum cancer critical illness, specified health event, short-term disability, and vision insurance. These products are designed to provide financial protection for expenses not covered by major medical insurance in both individual and group markets. In addition to individual policies, Aflac offers group insurance products such as dental, vision, life, disability, and absence management solutions targeted at large employers. The company operates extensively in the United States and Japan, with headquarters in Columbus, Georgia, and was founded in 1955. Recent major company changes include the launch of an enhanced individual Accident Insurance product in the U.S. in early 2025, expanding coverage to include mental health benefits. Aflac has also transitioned administration of its network dental plans to a third-party provider to foster growth in that segment and voluntary benefits associated with it. The company continues to enhance underwriting discipline to achieve more profitable growth. In strategic finance, Aflac has deployed $2.8 billion in share repurchases in 2024 alongside dividend increases, maintaining a 42-year consecutive dividend growth record. Additionally, the internal reinsurance strategy through Aflac Re Bermuda Ltd., initiated in late 2022, has advanced risk reduction and capital efficiency, thereby increasing return on equity. Aflac is recognized as the largest provider of supplemental insurance in the U.S. and the largest insurance company in Japan based on individual policies in force. The company serves millions of policyholders through its subsidiaries, including American Family Life Assurance Company of Columbus, Aflac Life Insurance Japan, and several other affiliated entities. Its strategic initiatives focus on expanding profitable growth, leveraging digital transformation for claims processing, and strengthening customer-centric service excellence with fast claims payment and high satisfaction rates. Overall, Aflac Incorporated delivers a comprehensive portfolio of supplemental insurance products and services in two major international markets, with ongoing enhancements in product offerings, operational strategies, and capital management to drive sustained growth and shareholder value.
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