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Stock impact report

KBW Sees Mixed Fundamentals in Life Insurance, Starts Aflac (AFL) at Market Perform [Yahoo! Finance]

AFLAC Incorporated (AFL) 
Last aflac incorporated earnings: 4/29 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.aflac.com
Company Research Source: Yahoo! Finance
KBW Sees Mixed Fundamentals in Life Insurance, Starts Aflac (AFL) at Market Perform On March 26, Keefe Bruyette & Woods re-initiated coverage of Aflac Incorporated (NYSE:AFL) with a Market Perform rating and a $113 price target. The analyst said the life insurance sector shows a mixed fundamental picture. Companies have reduced liability tail risk and improved free cash flow conversion, while also benefiting from stronger growth. At the same time, the note pointed to rising competition, higher investment leverage, increasing balance sheet complexity, and macro tailwinds that may not last. During the Q4 2025 earnings call, Senior EVP and CFO Max Broden said most of the company's previously issued 2026 guidance remained in place, with only a few adjustments. For Aflac Japan, he said, underlying earned premiums are now expected to decline by about 1% to 2% in 2026. The expense ratio is projected in the 20% to 23% range. He also noted that the benefit ratio in Japan is expected to fa Show less Read more
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