Aflac responding to disaster in Japan

Published on Mon, 04/18/2011 - 07:55
By FNNO Staff in General Interest, AFL, aflac, business, disaster, earthquake, finance, health, insurance, investing, japan, life, news, payments, stock, trading, tsunami, News Update
aflac, business, disaster, earthquake, finance, health, insurance, investing, japan, life, news, payments, stock, trading, tsunami

Aflac (AFL), which obtained about 70% of its revenues last year from Japan, has taken several steps in the wake of the natural disasters and nuclear catastrophe in that country. These steps include giving all Japanese customers a six-month grace period on their supplemental health and life insurance policies, donating millions of dollar to relief efforts, and taking out newspaper ads to offer condolence messages. Aflac noted that less than 5% of it's customers are in the regions most affected by the disaster.

By FNNO Staff
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