Aflac Inc

Overview

Aflac Inc (Aflac) is a provider of supplementary insurance. The company along with its subsidiaries offers supplemental health and life insurance products and services to individuals and corporate clients. It offers insurance product for accident, cancer, critical illness, hospital, short term disability and dental. It also offers vision insurance, term insurance, whole life insurance, fixed annuity insurance, child endowment insurance and hybrid insurance. Its service offerings include claims settlement services, insurance advisory services, enrollment solutions, health reimbursement arrangements and COBRA administration services. The company distributes its products and services through independent corporate agencies, individual agencies, bancassurance and affiliated corporate agencies in Japan and through sales associates and brokers in the US. Aflac is headquartered in Columbus, Georgia, the US. The company reported direct premium income of US$18,955 million for the fiscal year ended December 2020 (FY2020), a decrease of 0.9% over that in FY2019. Its net premium income was US$18,622 million in FY2020, a decrease of 0.8% over that in FY2019.
Key Stats
Address
1932 WYNNTON RD, COLUMBUS, Georgia
Headquarters

United States of America

Contact

1 706 3233431

Website
www.aflac.com
No of Employees

12,003

Industry

Financial Services

Ticker Symbol & Exchange​

AFL [NYSE]

Revenue (2020)

$22,147 m

-0.9% (2020 vs 2019)
Net Income (2020)

$4,778 m

44.6% (2020 vs 2019)
Net Profit Margin

22 %

45.8% (2020 vs 2019)
Market Cap *

$37,005 m

EPS *

$6.7

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Aflac IncDai-ichi Life Holdings IncPrudential Financial Inc
Key Information
Headquarters United States of America Japan United States of America
Headquarter City COLUMBUS CHIYODA-KU NEWARK
Headquarter State/Province Georgia Tokyo New Jersey
No. of Employees 12,003 64,823 41,671
Entity Type Public Public Public

Products & Services

Aflac is a provider of offers supplemental health and life insurance products and services. Key products and services offered by the company include:

Products
  • Accident Insurance
  • Short Term Disability Insurance
  • Dental Insurance
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
Services
  • Insurance Advisory Services
  • Cafeteria Plans
  • Health Reimbursement Arrangements Services
  • Etiam Rutrum Elit
  • Etiam Rutrum Elit
Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Frederick J. Crawford President; Chief Operating Officer Senior Management 2020 57 Mr. Frederick J. Crawford has been the Chief Operating Officer and President of the company November 2020. Previously, he served...
Max K. Broden Executive Vice President; Chief Financial Officer Senior Management 2020 42 Mr. Max K. Broden has been the Chief Financial Officer and an Executive Vice President of the company since 2020....
J. Pete Kelso Senior Vice President; Chief Information and Technology Officer Senior Management 2019 - Mr. J. Pete Kelso has been the Chief Information and Technology Officer and Senior Vice President of the company since...
Eric M. Kirsch Executive Vice President; Chief Investment Officer - Global; President - Aflac Global Investments Senior Management 2018 60 Mr. Eric M. Kirsch has been the President of Aflac Global Investments at the company since January 2018 and is...
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History

Year Event Description
2021 Corporate Awards In February, the company was named as one of the World's Most Ethical Companies by…
2021 Others In July, the company was named as the 2021 Best Place to Work in IT.
2021 Contracts/Agreements In July, the company's subsidiary, Aflac Global Investments, entered into a partnership with Denham Capital…
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Locations


American Family Life Assurance Company of Columbus (Aflac)

Address

1932 Wynnton Road, Columbus
United States of America

Telephone

1 706 3230270

Website

www.aflac.com
Picwell Inc

Address

2200 Arch Street, Philadelphia
United States of America

Telephone

1 215 746 2185

Website

www.picwell.com
American Family Life Assurance Company of New York

Address

22 Corporate Woods, Boulevard, Albany
United States of America

Telephone

1 518 4380764

Website

www.aflacny.com

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target