Aflac Incorporated Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 01, 2023 at 04:15 pm EDT
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Aflac Incorporated reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 4,950 million compared to USD 4,704 million a year ago. Net income was USD 1,569 million compared to USD 1,781 million a year ago. Basic earnings per share from continuing operations was USD 2.65 compared to USD 2.83 a year ago. Diluted earnings per share from continuing operations was USD 2.64 compared to USD 2.82 a year ago.
For the nine months, revenue was USD 14,923 million compared to USD 15,192 million a year ago. Net income was USD 4,391 million compared to USD 4,222 million a year ago. Basic earnings per share from continuing operations was USD 7.31 compared to USD 6.6 a year ago. Diluted earnings per share from continuing operations was USD 7.28 compared to USD 6.57 a year ago.
Aflac Incorporated is a life insurance group organized around 3 sectors of activity:
- sale of health and life insurance products in Japan (57.7% of net sales): including cancer life plans, general medical indemnity plans, medical/sickness riders, care plans, living benefit life plans, ordinary life insurance plans and annuities;
- sale of health and life insurance products in the United States (39.5%): including accident/disability plans, cancer expense plans, short-term disability plans, sickness and hospital indemnity plans, hospital intensive care plans, fixed-benefit dental plans, vision care plans, and long-term care plans;
- other (2.8%).
AFLAC INCORPORATED 
