Aflac Inc Stock Price, News & Analysis

Aflac emphasizes its commitment to supporting accessible voting while ensuring security and transparency, as debate continues in Georgia regarding voting rights. The company states it will not endorse any legislation that does not align with these principles. Aflac, a Fortune 500 company, provides supplemental insurance to over 50 million people across the U.S. and Japan, holding a significant market position in medical and cancer insurance. Recognized for its ethical practices, Aflac has been listed among the World's Most Admired Companies and included in the Gender-Equality Index.

Aflac, a major player in supplemental insurance, is launching a dynamic campaign for March Madness in partnership with the NCAA. Starting on Selection Sunday, March 14, the initiative features the Post-Pain Show, a humorous take on sports commentary aimed at connecting with over 150 million basketball fans. The campaign emphasizes Aflac’s role in mitigating the financial burdens that health insurance does not cover. With support across social media and digital platforms, Aflac aims to enhance fan engagement during the tournament while promoting its services through relatable humor.

AM Best has assigned a Long-Term Issue Credit Rating of “a-” to Aflac's newly issued $400 million senior unsecured notes, with a 1.125% interest rate due March 15, 2026. This marks Aflac's first issuance under its sustainability initiative, focusing on funding projects aligned with environmental, social, and governance (ESG) criteria. The proceeds aim to finance renewable energy, green buildings, and social mobility programs. The company maintains strong liquidity, with $5 billion in cash and equivalents at year-end 2020, and a stable financial leverage of approximately 20%.

Aflac Incorporated (NYSE: AFL) announced that President and COO Frederick J. Crawford will participate in a panel discussion at the 2021 RBC Capital Markets Global Financials Conference on March 10, 2021, at 8:00 a.m. ET. The discussion will focus on the financial sector's role in promoting sustainability. The event will be webcast live, and a replay will be available for up to one year. Aflac helps protect over 50 million people and is recognized as a leader in supplemental insurance, particularly in Japan.

Aflac Global Investments has partnered with Sound Point Capital Management to establish a new asset management business focused on the real estate loan market. An initial $1.5 billion has been allocated to the Sound Point Commercial Real Estate Finance, LLC, with $500 million set aside for transitional debt financing in Qualified Opportunity Zones. Aflac will hold a 9.9% minority interest with potential for growth. This partnership aligns with Aflac's strategy to enhance value and supports economically distressed communities, reflecting its commitment to responsible investing.

Aflac Incorporated (NYSE: AFL) announced that Executive Vice President and Chief Financial Officer Max K. Brodén will participate in a fireside chat at the Raymond James 42nd Annual Institutional Investors Conference on March 3, 2021, at 8:20 a.m. ET. The discussion will focus on the company’s outlook and strategy in the U.S. and Japanese insurance markets. Interested parties can access the webcast here.

A replay will be available for one year post-presentation.

Aflac, a top supplemental insurance provider, has been recognized for the 15th consecutive year as one of the World's Most Ethical Companies by Ethisphere. This achievement highlights Aflac's commitment to ethical business practices, especially in light of challenges posed by the global pandemic and social justice issues in 2020. The recognition reflects Aflac's strong environmental, social, and governance (ESG) programs and its dedication to fairness and dignity for all stakeholders. Aflac continues to lead the insurance sector in prioritizing ethics and integrity.

Aflac Incorporated (NYSE: AFL) has announced that President and COO Frederick J. Crawford will participate in a fireside chat at the Credit Suisse 22nd Annual Financial Services Forum on February 24, 2021, at 10:30 a.m. ET. The discussion will focus on the company’s outlook and strategy in the U.S. and Japanese insurance markets.

The event will be webcast live, with a replay available for one year after.