Company
Aflac Incorporated
Headquarters: Columbus, GA, United States
Founded: November 17, 1955
Employees: 12,447
CEO: Mr. Daniel Paul Amos
Market Cap
$48.09 Billion
USD as of Jan. 1, 2024
Aflac Incorporated Categories
United States Financials Insurance—LifeUnited States Financials United States Insurance—Life
Company Description
Aflac Inc. is an insurance company, especially involved in supplemental insurance. Founded in 1955 and headquartered in Columbus, Georgia, Aflac provides insurance and payroll deduction insurance coverage for accidents or illnesses. Aflac operates with licensed sales associates in the United States and sales agencies in Japan.
Top Competitors by Market Capitalization
Industry: Insurance—Life
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| AIA Group | $94.91 B |
| Ping An Insurance | $92.95 B |
| China Life | $92.27 B |
| MetLife, Inc. | $49.96 B |
| Manulife Financial Corporation | $39.40 B |
Sector:
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| Berkshire Hathaway | $797.77 B |
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| JPMorgan | $495.55 B |
| Mastercard | $392.71 B |
| Bank of America | $267.48 B |
Detailed Description
Aflac Incorporated, through its subsidiaries, provides supplemental health and life insurance products. It operates through two segments, Aflac Japan and Aflac U.S. The Aflac Japan segment offers cancer, medical, nursing care income support, GIFT, and whole and term life insurance products, as well as WAYS and child endowment plans under saving type insurance products in Japan. The Aflac U.S. segment provides cancer, accident, short-term disability, critical illness, hospital indemnity, dental, vision, long-term care and disability, and term and whole life insurance products in the United States. It sells its products through sales associates, brokers, independent corporate agencies, individual agencies, and affiliated corporate agencies. The company was founded in 1955 and is based in Columbus, Georgia.
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Stocks & Indices
Aflac Incorporated has the following listings and related stock indices.
Stock: NYSE: AFL wb_incandescent
Stock: XETR: AFL wb_incandescent
Product & Services
Supplemental health &life insurance
Key People
Founder(s): John Amos Paul Amos Bill Amos
Dan Amos (Chairman, CEO) Frederick J. Crawford (CFO)
Financials
Revenue: US$22.106 Billion (Fiscal Year Ended December 31, 2021)
Operating income: US$5.322 Billion (Fiscal Year Ended December 31, 2021)
Net income: US$4.325 Billion (Fiscal Year Ended December 31, 2021)
Total assets: US$157.542 Billion (Fiscal Year Ended December 31, 2021)
Total equity: US$33.253 Billion (Fiscal Year Ended December 31, 2021)