AFLAC Incorporated
Industry: Accident & Health Insurance
Fortune Rank: 130
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.
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.
AFLAC Incorporated
AFLAC Incorporated is a Fortune 500 company. In 2010 AFLAC Incorporated was ranked number 130 on the Fortune 500 list, making it the 130th largest company in the United States when judged by revenue.
AFLAC Incorporated achieved revenue of $18,254.40 million in 2010 and earned a profit of $1,497.00 million.
AFLAC Incorporated' rank improves
The company ranking improved in 2010, moving up the Fortune 500 list to 130th compared to 152nd in 2009. This was based on its 2009 revenue of $16,554 million (a change of 2 million compared to 2010) and profits of $1,254 million (a change of $0 million compared to 2009).
Another point of view
To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then AFLAC Incorporated would be ranked 87th rather than 130th due to its profits of $1,497 in 2010.
AFLAC Incorporated | Revenue* | Profit* | Fortune Ranking |
---|---|---|---|
2010 | 18,254 | 1,497 | 130 |
2009 | 16,554 | 1,254 | 152 |
2008 | 15,393 | 1,634 | 165 |
2007 | 14,616 | 1,483 | 164 |
2006 | 14,363 | 1,483 | 151 |
* US$ Million
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Address
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AFLAC Incorporated
1932 Wynnton Road
Columbus
GA
31999
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AFLAC Incorporated
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Contact Details
- Phone: 706-323-3431
- Fax: 706-324-6330
- Website: www.aflac.com
- Stock Symbol: AFL
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