Hints and tips:
...Other investors included insurance company Aflac Ventures and asset management fintech group SEI. Vanguard — one of the world’s largest fund managers — has agreed to be a strategic partner....
...In Japan, Aflac particularly dominates cancer insurance and it sells those policies through 20,000 Japan Post offices, among other channels....
...While based in the US state of Georgia, two-thirds of Aflac’s earnings are generated in Japan, where it specialises in cancer insurance....
...Data from Fitch show spreads on credit default swaps, insurance against possible default, widening 8 per cent in the third quarter from a year earlier....
...In July Japan Post said it would partner with Ohio-based Aflac to sell cancer insurance. Negotiations are under way for similar distribution deals....
...Late last year, for example, Aflac indicated it might hire outside managers to handle as much as 25 per cent of its $125bn investment portfolio, as well as adding more in-house investment staff....
...When I started with Aflac we only had one product. Today we have 12. What is your biggest business mistake? Trying to sell accident insurance in Japan. Any regrets? My work-life balance....
...Insurance companies also lost ground on worries over how much they will be forced to pay out. Aflac was 8.8 per cent lower while Platinum Underwriters lost 4.1 per cent....
...The broker cited increasing competition in Japan, the world’s third-largest life insurance market, after MetLife’s purchase of AIG’s Alico unit....
...According to officials, in the US the largest waves hit Crescent City, California, where 8.1 feet waves destroyed docks and parts of the harbour. 1930 - The CEO of Aflac, which sells insurance in Japan,...
...Aflac, the large US insurer, by contrast, had a 6 per cent share of new individual life insurance contracts, on par with Japanese giants such as Dai-ichi Life and Meiji Yasuda Life....
...US insurer Aflac reportedly had a “large amount of exposure” to hybrids, which triggered concern among analysts earlier this year....
...The falls endured by the sector since Mr Obama announced his healthcare plan were exacerbated when UBS downgraded Aflac , the insurer, to “sell”. Aflac’s shares were down 14.5 per cent at $11.49....
...According to CL’s Reul, though: “It’s not a surprise that this year there aren’t any financial or insurance companies” in the top 10....
...Aflac‘s beta of 2.03 implies that the spread widening on Aflac’s bond portfolio was 103 per cent more than the already drastic market spread widening....
...Aflac on Friday reassured on its capital position....
...Aflac is the world’s biggest seller of supplemental health insurance, with 40m policyholders....
...But an unexpected rally in financials helped wipe out those declines thanks to upgrades and strong results at a handful of insurance companies....
...Only one US company, the health insurer Aflac, has voluntarily agreed to hold an advisory vote on pay but only in 2009....
...Those like Aflac, the insurance company that is voluntarily introducing a non-binding vote on executive pay, will tend to be the good guys. So the vote will need buttressing....
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