Stock Data
$0.34 (0.28%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
FINANCIAL SERVICES
Industry
INSURANCE - LIFE
Aflac Incorporated specializes in supplemental health and life insurance products, catering to customers in Japan and the United States. In Japan, Aflac offers a variety of insurance plans including cancer, medical, and life insurance, among others. Meanwhile, in the U.S., the company provides insurance coverage for cancer, accidents, critical illnesses, and more. Aflac distributes its products through a network of sales associates, brokers, and agencies. Founded in 1955, Aflac is headquartered in Columbus, Georgia, and is known for its commitment to helping individuals and families during times of need.
A yen averaging 159.45 against the dollar took $0.05 off adjusted EPS and helped push Aflac to a rare miss on both lines. Rising group disability claims squeezed the U.S. pretax margin to 20.9% from 22.5%, and management now sees U.S. premium growth landing just below its 3% to 6% range for the year, even as a $0.61 payout and $983 million of buybacks kept cash returns running.
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