Reported 3 months ago
Aflac, the life and health insurer, reported second-quarter profits that exceeded analysts' expectations, largely driven by a 2.1% increase in net U.S. premiums, which reached $1.5 billion. The company’s net earnings rose to $1.76 billion from $1.63 billion a year earlier, translating to an adjusted profit of $1.83 per share, surpassing the $1.60 estimate. Aflac's sales also benefited from new product launches, although its Japanese unit saw a decline in premiums.
Source: YAHOO