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Aflac Inc. (NYSE: AFL) is a globally recognized insurance company providing supplemental health and life insurance solutions across the United States and Japan. Established over 68 years ago, Aflac has been at the forefront of offering financial protection and peace of mind to millions of policyholders. The company's product portfolio includes cancer policies, accident insurance, dental and vision coverage, disability, and long-term care insurance.
In the United States, Aflac is the leading provider of supplemental health insurance products, reaching over 50 million people worldwide. In Japan, Aflac Life Insurance Japan holds the top position for cancer and medical insurance in terms of policies in force. The company operates through two main segments: Aflac U.S. and Aflac Japan, with the latter generating the majority of its revenue.
Aflac's innovative approach extends beyond traditional insurance. The company utilizes independent distributors to market its products, often selling directly to consumers at their workplaces, and leveraging digital mediums to reach a broader audience. The wide array of products available helps businesses of all sizes offer their employees comprehensive benefits, enhancing employee satisfaction without incurring direct costs to the employers.
Recent achievements highlight Aflac's commitment to growth and innovation. Aflac Global Investments has expanded its portfolio by acquiring a 40% stake in Tree Line Capital Partners, enhancing its capabilities in middle-market direct lending. Additionally, Aflac's strategic partnership with Nayya aims to revolutionize the claims experience for customers by integrating advanced data analytics and personalized digital benefits guidance.
The company's financial health is robust, with first-quarter 2024 revenues reported at $5.4 billion, reflecting a substantial increase from $4.8 billion in the first quarter of 2023. Net earnings also saw a significant rise to $1.9 billion, driven by net investment gains and strategic financial management.
Aflac's dedication to corporate social responsibility and sustainability is evident through its numerous accolades. The company has been recognized as one of the World's Most Ethical Companies by Ethisphere for 18 consecutive years and included in Fortune's World's Most Admired Companies for 23 years. Aflac's philanthropic efforts include the My Special Aflac Duck program, providing comfort to pediatric cancer patients, and significant contributions to cancer research and treatment.
For more information on Aflac's products, services, and ongoing initiatives, visit aflac.com.
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.
Aflac has unveiled its 2024 Holiday Duck, a edition plush dressed in a baker's outfit, with 100% of net proceeds benefiting the Aflac Childhood Cancer Foundation. The company highlighted its My Special Aflac Duck program, which has distributed over 33,000 robotic companions to pediatric cancer and sickle cell patients since 2018. Additionally, the Aflac Childhood Cancer Foundation awarded $15,000 in grants to 15 hospitals to support Child Life Specialist programs, bringing total grant funding to $130,000 across 50 hospitals in 29 states and DC since 2019.
Aflac donated robotic companion ducks to Keaton's Child Cancer Alliance in Roseville, marking nearly 200 ducks given to the organization in two years. The My Special Aflac Duck, a social robot designed to help children during cancer treatment, has been distributed to over 33,000 recipients since 2018. A three-year study showed the duck helps reduce distress, nausea, pain, and procedural anxiety in patients, while also decreasing stress in caregivers. The program is part of Aflac's $184 million commitment to pediatric cancer and blood disorder treatment. The robotic companions are available free of charge to children 3 years or older diagnosed with cancer or sickle cell disease.
Aflac (NYSE: AFL) has announced its upcoming annual Financial Analysts Briefing, scheduled for December 3, 2024, beginning at 8:00 a.m. ET. The event will be accessible via webcast, requiring prior registration. During the briefing, executive management will present insights into the company's operations and strategy for both U.S. and Japan markets, along with their medium-term outlook.
Presentation materials will be made available on investors.aflac.com after market close on December 2, 2024. An archive of the presentations will remain accessible on the investor website for two weeks following the webcast.
Aflac's 14th annual WorkForces Report reveals increasing workplace stress and burnout affecting nearly 3 in 5 American workers. Millennials show the highest burnout rates at 66%, compared to Gen X (55%) and baby boomers (39%). Employee stress levels rose to 38% in 2024 from 33% in 2023, with Hispanic workers experiencing significantly higher rates. The report highlights growing financial vulnerability, with 51% of employees unable to afford $1,000 in unexpected medical expenses. Notably, 93% of employees see an increasing need for supplemental insurance, while 62% would consider leaving their jobs for better benefits even with a pay cut.
Aflac's 14th annual WorkForces Report reveals increasing workplace stress and burnout affecting nearly 3 in 5 American workers, with millennials most affected at 66%. The study shows 38% of employees experiencing high stress levels in 2024, up from 33% in 2023, with Hispanic workers reporting higher rates at 46%. Financial vulnerability is widespread, with 51% unable to afford $1,000 in unexpected medical expenses. The report highlights that 93% of employees see an increasing need for supplemental insurance, while 62% would consider leaving their jobs for better benefits even with a pay cut. Notable findings include 50% of employees showing 'quiet quitting' behaviors and 70% experiencing anxiety about unexpected medical conditions.
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