Pictures Of Vintage Corningware, Matthew Harrison Linkedin, Section 8 Termination Appeal Letter, David Fales Contract, Merida Speeder 300 2018 Review, Midget Aaa Scoring Leaders, Shimano Curado Dc 150 Xg, Public Fish And Oyster, Twix Slogan 2019, Kanye West Champions (round And Round), Zte Blade L130 Unlock Miracle Box, Skylake I5 Processor, Xavien Howard Instagram, Pittsburgh Condors Uniforms, Radeon Pro 560 Macbook Pro, Black Milk Activewear Review, Carlos Bardem Movies, Syngenta Vegetable Products, Rainbow Lake Az Fishing Report 2020, Throw Line Gun, Arlington Housing Waitlist Check, Nokia N80 For Sale,

As an inherent part of the culture, we oppose any form of bigotry, intolerance and disrespect in our society. Recently, new cases exceeded 75,000 in one day in the United States. So the sales teams were equipping them with information to provide to accounts. On July 28, Aflac will release figures for the most recent quarter. So you may question, why is the increase coming now, not at the end of the first quarter?
We have moved away from the notion of a V-shaped or even U-shaped recovery as the basis for tactical asset allocation, capital management and maintain cautious credit view. We have completed further analysis and now intend to expand beyond policyholder services to a broad commitment across all operations in Japan.Our expense ratio in Japan was 20%, down a 50 basis points year-over-year.
We are also communicating on the value of the wellness benefits attached to our products for reimbursement of routine doctor, dentist and hospital visits as shelter-at-home orders subside and normal activities recover.

Our product pipeline is also a key work stream in Japan, and we have altered our strategy to recognize launching new product in 2020 as suboptimal given the reduced face-to-face sales environment. We have a modest but building portfolio, which currently stands at $657 million.Thank you, David, and good morning. There are currently 8 hold ratings and 2 buy ratings for the stock, resulting in a consensus rating of “Hold.”In the past three months, AFLAC insiders have not sold or bought any company stock. Certainly, I think the environment is impacting the sales results. And we had an ending, notional position of approximately $5 billion.

Sir, your line is open.Welcome to the Aflac Second Quarter 2020 Earnings Conference Call. We remain cautious in regards to both the economic outlook and spread of COVID-19, leading us to retain more capital in our subsidiaries as a first-line of defense in case of any sudden deterioration in capital markets or virus-related claims. It's really because there's a moving window in terms of data that goes into the model. In the second quarter, we repurchased $188 million of our stock.

But as Teresa mentioned, the long-term play is to recover our distribution platforms for 2021 going forward to use the virtual tools that we've had for many years and really just to pivot to a new way of doing business.Excuse me, may I continue? Wall Street analysts are expecting earnings per share of $1.05. For the fiscal year ending Dec 2020 , the consensus EPS* forecast has remained the same over the past week at 4.32 and decreased over the past month from 4.34 to 4.32(0.46%). When stepping back from the quarter and reflecting on the events impacted the economy and our business model, I remain confident in how we are positioned despite our shared concerns over conditions in the United States, we're able to move forward with key growth and efficiency initiatives that require near-term investments in order to be positioned for future growth and opportunity.Now I'll hand the program off to Fred and Max. Aflac U.S. total sales were down 56% in the quarter. As expected, given market conditions, our alternative investment portfolio recorded a loss in the quarter of $7 million and was approximately $20 million below our long-term return expectations for the portfolio-adjusted for the J-curve. In June, Aflac Japan like its industry peers, extended the premium grace period until April 30, 2021. Go here to track Aflac stock price in real-time ahead of earnings.

Our U.S. stress test assumed 6.4 million confirmed cases in the U.S., 1.5 million hospitalizations and 150,000 deaths. Now how the impact of that will go in regard to COVID and the ability to sell is uncertain. Fred Crawford, President and COO of Aflac Incorporated, will then touch briefly on conditions in the second quarter before providing perspective on claims exposure to COVID-19.

What I would say is that we're still traveling at levels lower year-over-year than the claims experience in those products last year this time. And maybe could you [Technical Issues] increase it beyond historic levels given that you have slowed it down?Our decision to expand the scope is driven by economic return but also to improve business continuity and work-from-home capacity while reducing our carbon footprint, which is consistent with our commitment to ESG.

AFLAC has generated $4.44 earnings per share over the last year and currently has a price-to-earnings ratio of 9.2.