NEW YORK (AP) — Aflac Inc. on Wednesday posted an 8 percent rise in third-quarter net income, reaping the benefit of a stronger yen.
The company does a significant portion of its business in Japan, so a stronger yen means its revenue there brings in more dollars.
Aflac, which provides disability and supplemental insurance primarily in Japan and the U.S., also hiked its fourth-quarter dividend to 33 cents per share, up from 30 cents per share.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.