Aflac Incorporated Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2022
February 01, 2023 at 04:58 pm EST
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Aflac Incorporated reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported revenue was USD 4,010 million compared to USD 5,433 million a year ago. Net income was USD 185 million compared to USD 1,039 million a year ago. Basic earnings per share from continuing operations was USD 0.3 compared to USD 1.58 a year ago. Diluted earnings per share from continuing operations was USD 0.3 compared to USD 1.57 a year ago.
For the full year, revenue was USD 19,502 million compared to USD 22,106 million a year ago. Net income was USD 4,201 million compared to USD 4,325 million a year ago. Basic earnings per share from continuing operations was USD 6.62 compared to USD 6.42 a year ago. Diluted earnings per share from continuing operations was USD 6.59 compared to USD 6.39 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 
