Aflac Incorporated Reports Earnings Results for the First Quarter Ended March 31, 2021
April 28, 2021 at 04:15 pm EDT
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Aflac Incorporated announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced net income was USD 1,293 million compared to USD 566 million a year ago. Basic earnings per share from continuing operations was USD 1.88 compared to USD 0.78 a year ago. Diluted earnings per share from continuing operations was USD 1.87 compared to USD 0.78 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%).