Major Rating Factors:
Good Liquidity (5.9 on a scale of 0 to 10) with sufficient resources to handle a spike in claims. Good overall results on stability tests (5.8) despite negative cash flow from operations for 2022. Other stability subfactors include good operational trends and excellent risk diversification. Weak profitability (1.8) with operating losses during 2022. Return on equity has been low, averaging -8.1%.
Other Rating Factors:
Strong capitalization (10.0) based on excellent risk adjusted capital (severe loss scenario). High quality investment portfolio (7.5).
Stability Factors:
F - Negative cash flow.
Principal Lines of Business:
Group health (93.7%), group life (6.2%)
Licensed in:
All states except NY, PR
Investments
Invested Assets
Cash
CMO & Structured Securities
Other Investment Grade Bonds
Non-Investment Grade Bonds
Common & Preferred Stock
Mortgages in Good Standing
Non-Performing Mortgages
Real Estate
Other Investments
Investments in Affiliates
Corporate Info
Group Affiliation
AFLAC Inc
Investment Rating
Company Address
1600 Williams Street
Omaha, NE 68114
Omaha, NE 68114
Phone Number
(706) 243-8708
NAIC Number
71730
Website
Largest Affiliates
