Welcome to our dedicated page for Aflac news (Ticker: AFL), a resource for investors and traders seeking the latest updates and insights on Aflac stock.
Aflac Incorporated (NYSE: AFL), a global leader in supplemental insurance, provides critical financial protection through innovative products in the U.S. and Japan. This news hub offers investors and stakeholders centralized access to verified corporate developments, strategic initiatives, and market updates.
Track official announcements, product launches, and leadership changes alongside analyses of Aflac's voluntary benefits expansion and technology partnerships. Our curated collection includes earnings reports, regulatory filings, and coverage of community-focused programs like pediatric cancer research support.
Discover updates on Aflac's core insurance offerings including accident, dental, and cancer coverage innovations. Stay informed about operational milestones in both the Japanese and American markets through primary-source documents and contextual reporting.
Bookmark this page for real-time updates on AFL's financial performance, dividend declarations, and industry leadership in supplemental health solutions. Verify all information through direct links to SEC filings and company-issued communications.
Aflac has launched a marketing campaign for the 2022-2023 college football season to highlight the financial gap between health insurance and medical bills. This campaign introduces a new character, Gap Goat, who symbolizes unexpected medical costs and opponents the iconic Aflac Duck. The campaign features notable figures like Deion Sanders and Nick Saban, focusing on educating fans about managing medical debt. The campaign will be visible across multiple platforms, starting with its first commercial on Aug. 27, 2022, during ESPN's college football coverage.
Aflac Incorporated has appointed Virgil R. Miller as the new president of Aflac U.S., effective January 1, 2023, succeeding Teresa L. White. Miller has over 30 years of industry experience and will oversee core sales operations, customer service, and IT. His focus will be on expanding sales growth and leveraging technology for efficiency amid a digitized market. He has held various senior roles within Aflac since joining in 2004. Aflac is a leading provider of supplemental health insurance, serving more than 50 million people in Japan and the U.S.
Aflac, in partnership with the Sunrise Association, delivered over 150 'My Special Aflac Ducks' to children facing childhood cancer at Sunrise Day Camp in Long Island. This initiative is part of Aflac's commitment to support children with cancer, which includes over $160 million in contributions to related health centers. Aflac's President emphasized the positive impact of these robots on children’s emotional well-being. Additionally, Aflac is contributing $60,000 to help send 10 children to camp next year, reinforcing its dedication to social responsibility.
Aflac Incorporated has introduced two new consumer-directed insurance products: Aflac Final Expense Whole Life Insurance and Aflac Medicare Supplement Insurance. These offerings, underwritten by Tier One Insurance Company, aim to support individuals and families facing end-of-life expenses and gaps in Medicare coverage. The Final Expense insurance helps cover significant costs such as medical fees, legal expenses, and funerals, with policies available for ages 45 to 80. The Medicare Supplement policies cover expenses not included in Medicare, allowing seniors to enjoy retirement with less financial stress.
Aflac reported Q2 2022 revenues of $5.4 billion, down from $5.6 billion a year ago. Net earnings rose to $1.4 billion ($2.16/share) from $1.1 billion ($1.62/share) due to $564 million in net investment gains. Adjusted earnings decreased 13.1% to $939 million, impacted by a weaker yen and higher expenses. Shareholders' equity fell to $26.4 billion from $33.7 billion in 2021. Aflac Japan saw a 4.2% decline in net earned premiums in yen, while Aflac U.S. reported a 1.0% decline. The company declared a dividend of $0.40 per share, payable on September 1, 2022.
Aflac Incorporated expresses profound sadness over the loss of former Japanese Prime Minister Shinzo Abe, who was instrumental in enhancing Japan's economy and advocating for women's leadership through his 'womenomics' policy. The company honors his legacy and extends condolences to his family and the people of Japan. Aflac, a leading provider of supplemental health insurance, serves over 50 million people and is recognized for its commitment to social responsibility and ethical practices, being named one of the World's Most Admired Companies and included in the Dow Jones Sustainability North America Index.
Aflac Incorporated (NYSE: AFL) announced it will release its second quarter 2022 financial results after market close on August 1, 2022. The release will include earnings materials and a video from CFO Max Brodén, available on the company's Investor Relations website. A conference call is scheduled for 8:00 a.m. (ET) on August 2, 2022, where executives will discuss the results and future outlook. Aflac serves over 50 million people, leading in supplemental health insurance in the U.S. and medical insurance in Japan.
AM Best has upgraded the Long-Term Issuer Credit Rating (ICR) of Aflac Incorporated and its subsidiaries, including Aflac Life Insurance Japan, to 'aa' from 'aa-' while affirming the Financial Strength Rating (FSR) of A+. The outlook for both ratings is now stable. The upgrade reflects Aflac's robust risk management capabilities, strong balance sheet strength, and strong operating performance. Aflac continues to lead in medical insurance in Japan and marketing supplemental insurance in the U.S. The company is focused on growth in various insurance sectors, leveraging technology for direct-to-consumer engagement.
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