Aflac Incorporated
Explore Aflac
Core profile pages, annual revenue records, and related research hubs for this company.
Aflac Incorporated
Explore Aflac
Core profile pages, annual revenue records, and related research hubs for this company.
Business Model Analysis
Annual Revenue: $17.2B
Aflac makes money from insurance premiums, investment income, and supplemental insurance products sold through agencies, brokers, worksite channels, digital channels, and group-benefits distribution in Japan and the United States.
Aflac's strategy centers on strengthening supplemental health insurance, cancer insurance, accident insurance, life insurance, improving execution, and defending share against MetLife, Allstate, Progressive.
Aflac makes money from insurance premiums, investment income, and supplemental insurance products sold through agencies, brokers, worksite channels, digital channels, and group-benefits distribution in Japan and the United States.
Aflac sells or provides supplemental health insurance, cancer insurance, accident insurance, life insurance, dental and vision, worksite benefits.
Aflac's key business areas include Aflac Japan, Aflac U.S., Corporate and Other.
Aflac's advantage is brand recognition, deep Japan distribution, worksite-benefit relationships, supplemental insurance specialization, capital strength, and the memorable Aflac Duck marketing asset.
The biggest risks are yen-dollar currency translation, investment losses, interest-rate sensitivity, insurance claims trends, Japan concentration, regulation, and competition from large insurers and benefits providers.