AFLAC INC

Aflac Incorporated provides supplemental health and life insurance products designed to pay prompt cash benefits directly to policyholders experiencing covered health events. Operating through two core business segments, Aflac Japan and Aflac U.S., the company focuses on products that mitigate out-of-pocket costs not reimbursed by primary healthcare systems. Its portfolio features cancer, medical, accident, disability, critical illness, hospital indemnity, dental, vision, and life insurance policies. Aflac serves individual policyholders and employer groups, distributing policies through independent agents, brokers, affiliated corporate agencies, banks, and direct-to-consumer digital channels.

The company conducts insurance operations across Japan, all 50 U.S. states, the District of Columbia, and several U.S. territories. In Japan, its distribution network comprises approximately 6,300 sales agencies, roughly 20,000 post office outlets, and agreements with approximately 90% of domestic banks. In the United States, thousands of active career agents and brokers distribute its coverage. Aflac was incorporated under the laws of Georgia and employs 12,716 full-time workers across its segments.

Summary of the business section of Aflac's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

“The Company’s overarching human capital philosophy is, “If you take care of your employees, your employees will take care of the business.” As of December 31, 2022, Aflac Japan had 6,996 employees, Aflac U.S.”