How Much Is Aflac Worth?

by Ahmed AliLast updated on January 30, 2024Finance and Business4 min read
Asset Valuation

Total investments and cash at the end of June 2021 were $146.7 billion , compared with $142.2 billion at June 30, 2020. In the second quarter, Aflac Incorporated repurchased $500 million, or 9.2 million of its common shares.

How long has Aflac been around?

AFLAC was founded in 1955 with about $300,000 in capital. The company now has assets in excess of $37 billion. In 1955 a young lawyer named John B. Amos moved to Columbus, Georgia, and with his two brothers founded the American Family Life Assurance Company of Columbus, Georgia.

Who is the CEO of Aflac?

Dan Amos (1990–)

Who owns the company Aflac?

Daniel Paul Amos is the chair and Chief Executive Officer (CEO) of the United States-based insurance company Aflac. Aflac (NYSE: AFL) is a publicly traded Fortune 500 company that specializes in supplemental insurance coverage.

Where is Aflac on the Fortune 500 list?

Fortune Magazine ranked Aflac No. 131 on the 2021 Fortune 500 list, up 15 spots from 2020.

How many Aflac agents are there?

Aflac’s field force of roughly 75,000 sales agents, virtually all of whom are independent contractors, sell supplemental policies, which sit on top of traditional health insurance.

Who is Aflac’s largest competitor?

Aflac competitors include Liberty Mutual Insurance , Humana, Allstate, State Farm Insurance and Aetna.

Why does Aflac use a duck?

The Aflac Duck was created to increase the company’s name recognition in the United States .

Is Aflac a non profit?

Organization zip code Tax code designation Ruling date of organization’s tax exempt status 31999-0001 501(c)(3) 2017-11-01

Is Aflac a duck or goose?

The Aflac Duck has been the official mascot of American insurance company Aflac since 1999 and Aflac Japan since 2003. He is an American Pekin duck known for frustratedly quacking Aflac’s name to unsuspecting policy holders .

How much does Dan Amos make?

What is the salary of Daniel Amos? As the Chairman of the Board and Chief Executive Officer of Aflac, the total compensation of Daniel Amos at Aflac is $14,108,900 . There are no executives at Aflac getting paid more.

How old is Dan Amos?

70 years (August 13, 1951)

Where is Aflac headquarters?

Columbus, GA

Is Aflac a Fortune 500 company?

Aflac Incorporated (NYSE: AFL) is a Fortune 500 company helping provide protection to more than 50 million people through its subsidiaries in Japan and the U.S., where it is a leading supplemental insurer by paying cash fast when policyholders get sick or injured.

What does Aflac stand for?

American Family Life Assurance Company of Columbus adopted the acronym “Aflac.”

How many people in Japan have Aflac?

Aflac is the leading provider of supplemental insurance at the worksite in the United States 1 and insures one in four households 2 in Japan, providing financial protection to more than 50 million people .

What makes Aflac unique?

Aflac offers a range of insurance policies

They offer accident that pays cash if you are injured on or off the job. They also offer cancer and specified disease policies. There are plans that cover hospital intensive care, hospital confinement with a sickness indemnity and hospital with a confinement indemnity.

How do Aflac work?

The majority of Aflac’s business runs through employers. You pay for an Aflac insurance policy via a payroll deduction . In other words, the money comes out of your paycheck much like payroll taxes. However, you can buy some types of policies directly through Aflac.

Where was Aflac founded?

November 17, 1955, Columbus, GA

Which is better Aflac vs Colonial Life?

Overall Rating 3.5 3.6 Work/life balance 3.7 3.7 Compensation and benefits 3.0 3.2 Job security and advancement 3.1 3.2 Management 3.3 3.3

What other insurance companies are like Aflac?

Aflac’s top competitors include Old Mutual, Manulife, Prudential, MetLife, Allstate and Colonial Life . Aflac is a company that offers individuals and companies supplemental disability insurance.

Is Unum better than Aflac?

Overall Rating

Unum employees rated their Compensation & Benefits 0.3 higher than Aflac employees rated theirs . Aflac employees rated their Work-life balance 0.4 higher than Unum employees rated theirs. Aflac employees rated their Culture & Values 0.3 higher than Unum employees rated theirs.

Ahmed Ali
Author

Ahmed is a finance and business writer covering personal finance, investing, entrepreneurship, and career development.

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