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, the leading U.S. supplemental health insurance provider, has appointed Michael Fradkin as Senior Vice President of Aflac Dental and Vision. Fradkin brings over 30 years of group insurance experience, specializing in dental and vision coverage. He will report to Frederic Simard, Aflac U.S. Executive Vice President, COO and CFO.
In his new role, Fradkin will focus on customer experience, provider network growth, and business expansion. His previous position was president of FastTrack, where he led market expansion and improved service quality. He also held leadership roles at MetLife, Guardian, and Lincoln Financial.
The appointment aligns with Aflac's collaboration with SKYGEN for benefits management and administration. Fradkin, a Rutgers University graduate with expertise in Statistics and Economics, is a fellow of the Society of Actuaries and member of the American Academy of Actuaries.
Aflac, the leading provider of cancer insurance in the US and Japan, has partnered with the American Cancer Society (ACS) to promote early cancer detection and address the physical, emotional, and financial challenges associated with cancer diagnoses.
The collaboration comes as Aflac's 2024 Wellness Matters Survey revealed that 77% of Americans delay important health checkups and 60% avoid cancer screenings. Additionally, the 2024-2025 Aflac WorkForces report found that 70% of employees experience anxiety about serious medical diagnoses and 51% of Americans cannot afford a $1,000 unexpected medical expense.
Through this partnership, Aflac will help promote ACS programs including the Road to Recovery® program offering free rides to medical appointments and Hope Lodge® providing free lodging for cancer patients seeking treatment away from home. ACS will also develop an Employee Toolkit with cancer prevention resources that Aflac associates can share with clients nationwide.
As part of this initiative, Aflac Incorporated President Virgil Miller will establish and chair the first CEOs Against Cancer chapter in Georgia, where both organizations are headquartered.
Aflac (AFL) has launched a new enhanced Accident Insurance product, available in 32 states, offering expanded coverage for post-accident treatments and therapy. The plan nearly doubles coverage for follow-up care and introduces mental health benefits following covered accidents.
Key features include increased preventive care benefits, built-in building benefits for hospital stays that increase annually for up to five years, and enhanced coverage for common accidents like fractures and burns. A special line of duty benefit rider offers an additional $10,000 for first responders injured while working.
According to the 2025 Aflac WorkForces Report, 51% of American employees cannot afford a $1,000 out-of-pocket expense for unexpected medical events, while 22% cannot cover $500. The new policy aims to help bridge this financial gap by providing cash benefits for various medical services including ambulance, ER, urgent care, and therapy services.
Aflac Incorporated (NYSE: AFL) reported strong fourth quarter 2024 results with total revenues of $5.4 billion, up from $3.8 billion in Q4 2023. Net earnings reached $1.9 billion ($3.42 per diluted share), compared to $268 million ($0.46 per diluted share) a year ago.
Adjusted earnings increased 18.2% to $865 million, with adjusted earnings per share up 24.8% to $1.56. The company's full-year 2024 performance showed total revenues up 1.2% to $18.9 billion, with net earnings of $5.4 billion ($9.63 per diluted share).
In Japan, total new annualized premium sales increased 9.0% to ¥17.2 billion, while U.S. sales decreased 4.5% to $534 million. The board declared a first quarter dividend of $0.58 per share, representing a 16% increase. During Q4, Aflac deployed $750 million to repurchase 7.0 million shares.
Aflac Incorporated (NYSE: AFL) has announced that Chairman and CEO Daniel P. Amos will deliver a presentation at the Bank of America Securities 2025 Financial Services Conference on February 12, 2025, at 10:30 a.m. ET. The presentation will be accessible through a live webcast, with attendees advised to access the link 15 minutes before the start time to set up necessary software.
The event will be available for replay within 24 hours after the live presentation concludes, using the same web address. This presentation represents an opportunity for investors and stakeholders to gain insights into Aflac's current position and future strategies.
Aflac has launched a successful internship program in partnership with Savannah College of Art and Design (SCAD) and creative agency Dagger, resulting in the production of a national TV commercial titled 'Duck Dunk'. The ad features notable sports figures including Dawn Staley, Andraya Carter, and Allisha Gray, while highlighting Aflac's commitment to gender equality in sports through a hidden Easter egg showing Gray's $110,000 prize money check - representing over 50% of her annual salary.
The commercial, conceptualized by SCAD interns, addresses the historical disparity in All-Star competition prizes between NBA ($55,000) and WNBA ($2,575) players. Aflac has committed to matching the NBA prize amount for WNBA winners. Following the program's success, Aflac and Dagger are expanding their internship initiative in 2025, offering positions in Art Direction, Copywriting, Design, and Content Creation.
Aflac Incorporated (NYSE: AFL) has announced it will release its fourth quarter 2024 financial results after market close on February 5, 2025. The release will include earnings materials, quarterly earnings release, financial supplement, and a financial update video from CFO Max Brodén on the company's Investor Relations website.
The company will host a conference call webcast on February 6, 2025, at 8:00 a.m. ET. Chairman and CEO Daniel P. Amos and CFO Max Brodén will discuss quarterly results and outlook, joined by Aflac U.S. President Virgil Miller and other executive management from U.S. and Japan for the Q&A session. Investors can register for the webcast at investors.aflac.com.
Aflac has unveiled its 2024 Holiday Duck, featuring a baker theme with a gingerbread design inspired by employees Judy Davis and Miguel Cubas. The collectible plush duck wears a festive plaid apron and baker's hat, holding a gingerbread cookie. The design originated from Davis and Cubas' submissions during an employee idea call, both drawing from personal holiday traditions.
Since its inception in 2001, the Aflac Holiday Duck program has contributed to over $4 million in donations to hospitals treating children with cancer and blood disorders. The 2024 edition is available for purchase at AflacChildhoodCancer.org while supplies last.
Aflac has released its 2024 Holiday Duck, continuing a tradition that began in 2001. The new collectible features a holiday baker design, complete with a plaid apron, chef's hat, and gingerbread cookie. The PR highlights Ellen Hansen, a nursing administrator from Mississippi, who has collected every Aflac Holiday Duck since the program's inception.
The duck program has contributed to more than $4 million in donations to hospitals treating children with cancer and blood disorders since 2001. The 2024 Holiday Duck is available for purchase at AflacChildhoodCancer.org while supplies last.
Aflac announced a 16.0% increase in its first quarter 2025 dividend to $0.58 per share, payable on March 3, 2025, to shareholders of record as of February 19, 2025. The company highlighted its track record of 42 consecutive years of dividend increases. CEO Daniel P. Amos emphasized the company's commitment to maintaining strong capital ratios while balancing policyholder obligations with shareholder interests through prudent capital management.