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  Fortune 500 - Spot Number 158

Company Information

Name: AFLAC Incorporated

Industry: Insurance (Accident & Health)

Description: AFLAC Incorporated is a general business holding company and acts as a management company, overseeing the operations of its subsidiaries by providing management services and making capital available. Its principal business is supplemental health and life insurance.

Financial Summary: AFLAC, Incorporated operates in the insurance industry and primarily sells supplemental health insurance in Japan and the U.S. For the 6 months ended 6/30/05, total revenues increased 9% to $7.13B. Net income increased 18% to $664M. Revenues reflect growth in Aflac Japan's new annualized premium sales, and favorable foreign currency translation. Net income also reflects improved gross margins.

Business Summary: AFLAC Incorporated is a general business holding company and acts as a management company, overseeing the operations of its subsidiaries by providing management services and making capital available. Its principal business is supplemental health and life insurance, which is marketed and administered through American Family Life Assurance Company of Columbus (AFLAC), which operates in the United States (AFLAC U.S.) and as a branch in Japan (AFLAC Japan). AFLAC Japan sells cancer plans, care plans, general medical expense plans, medical/sickness riders to the Company's cancer plan, a living benefit life plan, ordinary life insurance plans and annuities. AFLAC U.S. sells cancer plans and various types of health insurance, including accident and disability, fixed-benefit dental, personal sickness and hospital indemnity, hospital intensive care, long-term care, ordinary life and short-term disability plans.


Misc Details

Symbol: AFL

City: Columbus

State: GA

ZIP Code: 31999

Address: 1932 Wynnton Road

Phone: 706-323-3431

Fax: 706-324-6330

Website: http://www.aflac.com


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