Company ranks No. 1 in industry for second
consecutive year in Long-term Investment category
COLUMBUS, Ga., Feb. 6, 2024
/PRNewswire/ -- Aflac Incorporated has been named to Fortune
Magazine's list of World's Most Admired Companies for the
23rd time, ranking No. 1 in the Insurance: Life and
Health category as a long-term investment for the second
consecutive year. Fortune unveiled its annual list following a
survey of executives, directors and analysts who analyze companies
within their own industry. Survey respondents provide opinions
related to nine criteria, including how companies size up on
investment value, quality of management, social responsibility,
innovation and more. A company's score must rank in the top half of
its industry to hold a place on this list.
"We are extremely grateful that Aflac has once again been named
to the prestigious Fortune World's Most Admired Companies list for
the 23rd time and that we are ranked No.1 in the
long-term investment category within our industry," said Aflac
Incorporated Chairman, CEO and President Dan Amos. "I believe people invest in Aflac for
the long-term because they know the quality of our products and
services and because of our careful approach to ensuring
shareholder value."
Aflac recently reported that 2023 marked the 41st
consecutive year it has increased its dividend to shareholders,
demonstrating remarkable stewardship and efficient management of
company resources.
Amos is among the longest tenured CEO in the Fortune 500. In his
34 years at the helm, he has stewarded incredible financial
results, including increasing Aflac Incorporated's stock price from
95 cents per share in 1990 to its
current value, exceeding $76 per
share, with a market cap of $44.2
billion. Additionally, the company's total shareholder
return — including reinvested cash dividends — was 15,446.9% as of
the end of 2023.
Learn more about the Fortune World's Most Admired list at
www.fortune.com/worlds-most-admired-companies.
ABOUT AFLAC INCORPORATED
Aflac Incorporated
(NYSE: AFL), a Fortune 500 company, has helped provide financial
protection and peace of mind for more than 68 years to millions of
policyholders and customers through its subsidiaries in the U.S.
and Japan. In the U.S., Aflac is
the No. 1 provider of supplemental health insurance
products.1 In Japan,
Aflac Life Insurance Japan is the leading provider of cancer and
medical insurance in terms of policies in force. The company takes
pride in being there for its policyholders when they need us most,
as well as being included in 2023 in the World's Most Ethical
Companies by Ethisphere for 17 consecutive years, Fortune's World's
Most Admired Companies for 23 years and Bloomberg's Gender-Equality
Index for the fourth consecutive year. In addition, the company
became a signatory of the Principles for Responsible Investment
(PRI) in 2021 and has been included in the Dow Jones Sustainability
North America Index (2023) for 10 years. To find out how to get
help with expenses health insurance doesn't cover, get to know us
at aflac.com or aflac.com/espanol. Investors may learn more
about Aflac Incorporated and its commitment to corporate social
responsibility and sustainability at investors.aflac.com under
"Sustainability."
1 LIMRA 2022 U.S. Supplemental Health Insurance Total
Market Report
Aflac herein means American Family Life Assurance Company of
Columbus and American Family Life
Assurance Company of New York.
Media contact – Jon
Sullivan, 706-763-4813 or jsullivan@aflac.com
Analyst and investor contact – David A. Young, 706-596-3264, 800-235-2667 or
dyoung@aflac.com
Aflac | Aflac New York | WWHQ | 1932 Wynnton Road
| Columbus, GA 31999
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SOURCE Aflac