COLUMBUS, Ga., Jan. 22, 2020 /PRNewswire/ -- Aflac
Incorporated today announced that it is included on Fortune's
annual list of the World's Most Admired Companies for the 19th
time. The company ranks No. 1 among its peers for innovation,
compared to No. 7 in 2019, and ranks No. 2 overall in the
Insurance: Life and Health Industry category, compared to No. 7 in
2019.
To determine the best-regarded companies in 52 industries,
Fortune's partner Korn Ferry asked
executives, directors and analysts to rate enterprises in their own
industry on nine criteria, from investment value and quality of
management and products to social responsibility, innovation and
ability to attract talent. A company's score must rank in the top
half of its industry survey to be listed.
"Aflac Incorporated is extremely pleased to once again appear on
this prestigious list, which is generated by executives and
analysts from around the world in our own industry. This validates
our company's continued leadership in key areas, including
innovation, where we are the top choice among our peers," said
Aflac Incorporated Chairman and CEO Dan
Amos. "We are also honored to rank No. 2 in multiple areas,
including the People Management category, and No. 3 in Social
Responsibility, which illustrates the desire of every Aflac
employee to always do the right thing."
Aflac Incorporated ranks No. 2 in its industry for Long-Term
Investment Value. Since 1990, when Dan
Amos became CEO, Aflac
Incorporated's stock has increased from 95 cents per share to today's current value,
exceeding $52 per share. In his 30th
year, Amos is the second-longest tenured CEO in the Fortune 200,
and during that period, the company's total shareholder
return, including reinvested cash dividends, has exceeded
8,913%.
"Being ranked No. 2 in our industry in the Long-Term Investment
Value category demonstrates our commitment to manage for the
future," said Aflac Incorporated President and Chief Operating
Officer Frederick Crawford. "Whether
through annual increases in common stock dividends, which we have
done for 37 years, investing strategically in growth and digital
platforms, or executing on share repurchase, Aflac Incorporated
provides enduring, consistent value for our shareholders and
policyholders. It is gratifying to see our strategy recognized by
astute analysts and executives from companies in our industry and
across the world."
Aflac's high ranking for social responsibility (No. 3) reflects
its diverse U.S. workforce that is 67% female and more than 40%
minority. In addition, Aflac Life Insurance Japan, with
leadership that is composed of 30.7% women as of the end of 2019,
surpassed its goal of attaining 30% female leadership by the end of
2020. Since 1995, the company has also contributed more than
$140 million to help families facing
childhood cancer and other blood disorders. As a recipient of the
Ethisphere's World's Most Ethical Companies recognition for 13
consecutive years and a first-time member of Bloomberg's
Gender-Equality Index, Aflac Incorporated also boasts strong
standards for ethics and governance. The company also ranked No. 3
in the Quality of Products/Services and Use of Corporate Assets
categories.
ABOUT AFLAC INCORPORATED
Aflac Incorporated (NYSE: AFL) is a Fortune 500 company, helping
provide protection to more than 50 million people through its
subsidiaries in Japan and the
U.S., where it is a leading supplemental insurer by paying cash
fast when policyholders get sick or injured. For more than six
decades, insurance policies of Aflac Incorporated's subsidiaries
have given policyholders the opportunity to focus on recovery, not
financial stress. Aflac Life Insurance Japan is the leading
provider of medical and cancer insurance in Japan, where it insures 1 in 4 households.
Through its trailblazing One Day PaySM initiative in
the United States, for eligible
claims, Aflac can process, approve and electronically send funds to
claimants for quick access to cash in just one business day.
Fortune magazine recognized Aflac as one of the 100 Best Companies
to Work for in America for 20 consecutive years. For 13 consecutive
years, Aflac has been recognized by Ethisphere as one of the
World's Most Ethical Companies. In 2020, Fortune included Aflac
Incorporated on its list of World's Most Admired Companies for the
19th time, and Bloomberg added Aflac Incorporated to its Gender
Equity Index, which tracks the financial performance of public
companies committed to supporting gender equality through policy
development, representation and transparency. To find out more
about One Day PaySM and learn how to get help with
expenses health insurance doesn't cover, get to know us at
aflac.com.
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
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SOURCE Aflac Incorporated