Aflac Inc.
Aflac Incorporated, founded in 1955 and headquartered in Columbus, Georgia, is the largest provider of supplemental insurance in the United States. Operating globally, especially in the U.S. and Japan, Aflac insures over 50 million people and employs thousands worldwide. The company specializes in offering a wide range of supplemental health and life insurance products, providing financial protection against unforeseen health events. Aflac is recognized for its strong ethical standards and for maintaining a significant presence in both worker benefits and direct consumer markets.
Investment Strategy
Aflac's investment strategy is focused on disciplined portfolio management in support of its insurance underwriting obligations, seeking to achieve long-term, risk-adjusted returns. Under Aflac Global Investments, the company manages both its core insurance portfolio—primarily made up of credit-related assets—and explores strategic partnerships and joint ventures to enhance portfolio returns and diversification. The investment philosophy emphasizes capital preservation, asset-liability matching, and the integration of environmental, social, and governance (ESG) considerations, ensuring robust risk management while supporting innovative initiatives through Aflac Ventures.
Top Holdings
Equity Positions (3)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
T TRUP | TRUPANION INC | 98.61% | $201.3M | 3,636,364 | $89.12 | $55.35 | +$65.7M |
P PGY | PAGAYA TECHNOLOGIES LTD | 1.36% | $2.8M | 130,324 | $9.46 | $21.32 | +$1.4M |
P PGYWW | PAGAYA TECHNOLOGIES LTD | 0.03% | $52.4K | 312,798 | $0.09 | $0.17 | +$10.2K |