AFLAC and Metlife comparison

AFLAC

AFLAC insures more than 40 million persons in United States and Japan with the kind of supplemental protection products. Our objective is to supply best supplemental protection worth in marketplace. Although AFLAC is premier provider of one-by-one protection at worksite in United States and biggest foreign protection business in Japan, we extend to gaze for even more modes to broaden our come to into both markets. This effort is AFLAC's way of advancing the enterprise that most observers would state doesn't require improving.

History

Established in April 1973 as retaining business for the focused protection subsidiary, AFLAC Incorporated now insures more than 40 million persons worldwide. company's head subsidiaries in Columbus, Georgia, and Japan have evolved several exclusive trading methods to deal merchandise that they presented more than 40 years ago: supplementary cancerous infection total cost insurance. business has been one of fastest-growing businesses in wellbeing protection commerce and is the foremost in supplemental protection traded at workplaces in United States. AFLAC was based in 1955 with about $300,000 in capital. business now has assets in surplus of $37 billion (Dun's Review, 88).

Business

Aflac functions in United States and Japan, and has its worldwide head agency and business agencies in an eighteen article tower just east of Downtown Columbus, Georgia and is biggest construction in city. At end of 2009, corporation's total assets were more than $84 billion, and business insured more than 60 million persons worldwide. Aflac is biggest provider of guaranteed-renewable protection in United States and biggest protection business general in Japan, when assessed by one-by-one protection principles in force. Aflac commenced the crusade in 2001 to encourage their first misfortune principle in Japan, which Wall Street Journal ranked as one of "ten most productive crusades of 2000."

The business now boasts some kinds of protection principles in United States, encompassing following:

* Accident

* Cancer/Specified Disease

* Dental

* Hospital Confinement Indemnity

* Hospital Confinement Sickness Indemnity

* Hospital Intensive Care

* Life

* Lump Sum Cancer

* Lump Sum Cancer Critical Illness

* Specified Health Event

* Short Term Disability

* Vision

Analysis

As it went into 21st 100 years, AFLAC had no cause to see anything but assured about its prospects for success. Forbes Global entitled AFLAC world's Top Insurer in 1999, and business was one of only 23 American businesses recorded in Andrew Leckey's Global Investing 1999: the Guide to 50 Best Stocks in World. That identical year, ...