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 sells supplemental health and life insurance through businesses in Japan and the United States. Its news commonly covers earnings from Aflac Japan and Aflac U.S., sales trends in medical, cancer, life, accident, dental, vision, disability and long-term care products, and capital actions such as dividends and share repurchases.
Company updates also address worksite and group benefits, absence and paid-leave administration, reinsurance activity through Aflac Re Bermuda, and health-related initiatives tied to cancer screening and patient support. Product announcements in Japan include Anshin Palette medical insurance, Miraito cancer insurance and Tsumitasu life insurance, while U.S. updates focus on group voluntary benefits, network dental and vision, group life, disability and long-term care riders.
Aflac has announced that Chief Brand and Marketing Officer Shannon Watkins has been recognized as one of AdWeek's Most Powerful Women in Sports for 2021. This honor comes as a result of her efforts to enhance fan experiences post-pandemic, particularly through initiatives focused on historically Black colleges and universities (HBCUs). Since joining Aflac in 2018, she has integrated the brand's purpose into sports sponsorships, notably through partnerships with ESPN's College GameDay and collaborations with prominent figures like Deion Sanders and Nick Saban.
Aflac Incorporated (NYSE: AFL) will host its annual Financial Analysts Briefing via webcast on November 16, 2021, at 8:00 a.m. (ET). The event will cover operations in Japan and the United States, alongside capital management strategies and the financial outlook amid the COVID-19 pandemic. Registration is required for participation. Presentation slides will be accessible after market close on November 15, 2021, and archived content will be available for two weeks. Aflac is recognized for its ethical business practices and supports over 50 million people.
Aflac Incorporated (NYSE: AFL) announced that President and COO Frederick J. Crawford will participate in a virtual fireside chat at the 2021 Raymond James Insurance Conference on November 9, 2021, at 9:40 a.m. ET, discussing ESG topics. The chat will be available for live streaming, and a replay will be accessible for one year. Aflac helps protect over 50 million people through its subsidiaries, primarily in the U.S. and Japan. It is recognized as one of the World's Most Ethical Companies and has been featured in Fortune's list of World's Most Admired Companies.
Aflac Incorporated (NYSE: AFL) reported its Q3 2021 results, showing total revenues of $5.2 billion, down from $5.7 billion in Q3 2020. Net earnings fell to $888 million, or $1.32 per diluted share, impacted by prior-year tax benefits. Adjusted earnings increased by 3.7% to $1.0 billion, reflecting improved net investment income, particularly in Japan. Aflac Japan's net premium income decreased by 4.0% year-over-year, while U.S. net premium income fell 1.0%. The company declared a fourth-quarter dividend of $0.33 per share, marking 39 consecutive years of dividend increases.
Aflac Incorporated (NYSE: AFL) will release its third quarter financial results on October 27, 2021, after market closure. Earnings materials will be accessible on their Investor Relations website. A conference call to discuss the results will take place on October 28, 2021, at 9:00 a.m. ET, featuring company executives addressing the results and outlook related to COVID-19. Aflac, a leading supplemental insurer, serves over 50 million people and is recognized for its ethical practices and commitment to gender equality.
The 2021 Aflac WorkForces Report reveals significant shifts in employee health benefits decisions due to the COVID-19 pandemic. Almost 44% of U.S. employees purchased at least one new health benefit, with many adding life insurance, critical illness coverage, or telehealth services. The report highlights that those who tested positive for COVID-19 were significantly more likely to seek new benefits. Additionally, rising health care costs have increased employer challenges, with only 61% of employees satisfied with their benefits, despite 76% of employers believing otherwise.
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AM Best has assigned indicative Long-Term Issue Credit Ratings of “a-” (Excellent) to senior unsecured issues and “bbb+” (Good) to subordinated issues of Aflac Incorporated (AFL). The outlook is positive, reflecting Aflac’s robust risk management and capital preservation efforts during the COVID-19 pandemic. Aflac's financial leverage stands at 24.0% with EBIT interest coverage at approximately 22 times through June 30, 2021. The company’s next debt maturity is in 2024. Ratings on the previous shelf registration have been withdrawn, but all other ratings remain unchanged.
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Aflac Incorporated (NYSE: AFL) will have Chief Financial Officer Max K. Brodén speak at the 2021 KBW Insurance Conference on September 9, 2021, at 11:40 a.m. ET. The discussion will be available for live streaming here and a replay can be accessed for 90 days afterward. Aflac provides supplemental insurance to over 50 million people in the U.S. and Japan and is recognized for its ethical business practices, including being named one of the World's Most Ethical Companies.