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With a market cap of $58.3 billion, Aflac Incorporated (AFL) engages in the provision of supplemental health and life insurance products in the United States and Japan. Headquartered in Columbus, Georgia, the company operates in two segments: Aflac Japan and Aflac U.S.
Companies valued at $10 billion or more are generally labeled as “large-cap” stocks, and Aflac fits this description perfectly. The American Insurance Company is the largest provider of supplemental insurance in the United States. AFL sells its products through individual, independent corporate, and affiliated corporate agencies; banks; independent associates/career agents; and brokers.