Columbus, Ga., 31st March 2026, ZEX PR WIRE — Aflac Incorporated (NYSE: AFL), the leading life and health insurer through its subsidiaries in Japan and the U.S., today announced that Aflac Re Bermuda Ltd. (Aflac Re) has reached an agreement with Japan Post Insurance Co., Ltd. (Japan Post Insurance) to reinsure a block of whole life annuities through coinsurance. Japan Post Insurance will continue to service and administer the policies. The transaction will be effective March 31, 2026.
“This transaction marks a significant milestone in the history of Aflac Incorporated and Aflac Re,” said Max Brodén, Senior Executive Vice President, Chief Financial Officer of Aflac Incorporated. “While Aflac Re has secured multiple reinsurance transactions from Aflac Life Insurance Japan, this is the first transaction with an external party. In addition, this transaction further contributes to our strategic partnership with Japan Post Insurance as we aim to create shared value for both our policyholders and shareholders.”
President of Aflac Re Bermuda Tsana Nobles added, “We look forward to continuing to build our relationship with Japan Post Insurance. We also look forward to leveraging our expertise to provide similar support for other Japanese life insurers to reduce risk, enhance their capital management and expand their new business opportunities.”
ABOUT AFLAC INCORPORATED
Aflac Incorporated (NYSE: AFL), a Fortune 500 company, has helped provide financial protection and peace of mind for more than seven decades to millions of policyholders and customers through its subsidiaries in the U.S. and Japan. In the U.S., Aflac is the No. 1 provider of supplemental health insurance products.1 In Japan, Aflac Life Insurance Japan is the leading provider of cancer and medical insurance in terms of policies in force.2 The company takes pride in being there for its policyholders when they need us most, as well as being included in the World’s Most Ethical Companies by Ethisphere for 20 consecutive years (2026) and Fortune’s World’s Most Admired Companies for 25 years (2026). In addition, the company became a signatory of the Principles for Responsible Investment (PRI) in 2021. To find out how to get help with expenses health insurance doesn’t cover, get to know us at aflac.com or aflac.com/español. Investors may learn more about Aflac Incorporated and its commitment to corporate social responsibility and sustainability at investors.aflac.com under “Sustainability.”
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