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Aflac Incorporated / ˈ æ f l æ k / (American Family Life Assurance Company) is an American insurance company and is the largest provider of supplemental insurance in the United States. [3] It was founded in 1955 and is based in Columbus, Georgia .
In 1752, Benjamin Franklin founded the first American insurance company as Philadelphia Contributionship.In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail.
Aflac’s cancer focus provides some bleak upside to these demographic trends, as rates of the disease are skyrocketing. “Cancer is a disease of the aging,” Piper Sandler’s Barnidge points out.
Rank Company Country Total assets (US$ Billion) 1 Allianz Germany 1,247.2 2 Berkshire Hathaway United States 958.8 3 Prudential Financial United States 937.6 4 Ping An Insurance
American Family Insurance, also abbreviated as AmFam, is an American private mutual company that focuses on property, casualty, and auto insurance, and also offers commercial insurance, life, health, and homeowners coverage as well as investment and retirement-planning products.
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Aflac's 'golden goose' and success in Japan. Amos calls the Aflac duck his “golden goose.” In 2000, two advertising executives came up with the idea to mock the company's name, and Amos took a ...
It is the leading provider of individual insurance policies offered at the worksite in the United States and is the largest life insurer in Japan in terms of individual policies in force. During Mr. Amos's tenure as CEO, revenues at Aflac have grown from $2.7 billion in 1990 to $22.1 billion as of December 31, 2021.