Aflac Incorporated Overview
Pro stress-test →Aflac is a Fortune 500 company providing financial protection and peace of mind for seven decades to millions of policyholders through its subsidiaries in the U.S. and Japan, serving as the No. 1 provider of supplemental health insurance products in the U.S. and the leading provider of cancer and medical insurance in Japan. Aflac provides supplemental health and life insurance policies that pay cash benefits directly to policyholders for expenses not covered by their primary insurance.
Strategic Profile
Pro stress-test →The company maintains a record of 43 consecutive years of dividend increases, supported by strong capital and cash flows. Aflac pursues growth through diversifying its product range to meet changing customer needs, with estimated revenue growth of 5-7% annually through 2027.
Competitive Landscape
Pro stress-test →Aflac holds approximately 8% market share in the supplemental insurance space, competing with MetLife (12%), Prudential Financial (10%), New York Life (7%), Cigna (6%), and others. The company differentiates through brand recognition and dual-market presence in the U.S. and Japan.
Industry Context
Aflac Incorporated operates in Supplemental Health and Life Insurance.
Key facts
Founded: 1955 · Headquarters: Columbus, US · Employees: 12,694 · Revenue: $18.0B · Market cap: $59.5B