Company Overview of American Family Life Assurance Company of Columbus, Inc.
American Family Life Assurance Company of Columbus, Inc. is a life insurance company that provides voluntary insurance at worksites to individuals and businesses. The company offers individual policies, such as accident, cancer/specified-disease, critical care and recovery, dental, hospital confinement indemnity, hospital confinement sickness indemnity, hospital intensive care, juvenile life, life, lump sum cancer, lump sum critical illness, short-term disability, and vision insurance; and group products, which include critical illness, accident, hospital indemnity, disability, whole life, and dental insurance. It offers its solutions through brokers. The company was incorporated in 1955 and...
1932 Wynnton Road
Columbus, GA 31999-0001
Founded in 1955
Key Executives for American Family Life Assurance Company of Columbus, Inc.
Chairman of The Board and Chief Executive Officer
Compensation as of Fiscal Year 2016.
American Family Life Assurance Company of Columbus, Inc. Key Developments
Aflac U.S. Reports Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2015; Provides Sales Guidance for the Year 2015
Oct 27 15
Aflac U.S. reported unaudited earnings results for the third quarter and nine months ended September 30, 2015. For the quarter, the company announced premium income increased 3.0% to $1.3 billion. This result in part reflects favorable results from improved business practices associated with premium payments that benefited the quarter. Net investment income was up 7.2% to $173 million. Total revenues increased 3.6% to $1.5 billion. Reflecting favorable claim trends, the pretax operating profit margin was 18.8%, compared with 18.4% a year ago. Pretax operating earnings were $286 million, an increase of 6.2% for the quarter.
For the first nine months, total revenues were up 3.0% to $4.5 billion and premium income rose 2.7% to $4.0 billion. Net investment income increased 4.8% to $507 million. Pretax operating earnings were $864 million, 0.9% lower than a year ago. Total new annualized premium sales increased 0.4% in the quarter to $330 million. Total new sales were up 1.1% to $990 million.
The company expects that it will generate sales growth at the lower end of the 3% to 7% range for the year 2015.
Aflac Incorporated Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Guidance for the Year 2015
Jul 28 15
Aflac Incorporated reported earnings results for the second quarter and six months ended June 30, 2015. For the quarter, premium income increased 1.6% to $1.3 billion. Net investment income was up 4.0% to $168 million. Total revenues increased 1.9% to $1.5 billion. The pretax operating profit margin was 19.5%, compared with 20.3% a year ago. Pretax operating earnings were $293 million, a decrease of 2.0% for the quarter.
For the first six months, total revenues were up 2.8% to $3.0 billion and premium income rose 2.5% to $2.7 billion. Net investment income increased 3.7% to $334 million. Pretax operating earnings were $578 million, 4.1% lower than a year ago. Total new annualized premium sales increased 3.1% in the quarter to $344 million. For the first half of the year, total new sales were up 1.4% to $660 million.
The company expects to increase sales 3% to 7% for the year 2015.
American Family Life Assurance Company of Columbus Announces John Shelby Amos II to Assume as Market Director
Sep 29 14
On September 25, 2014, John Shelby Amos II notified Aflac Incorporated of his retirement as a director, effective October 1, 2014, to assume a salaried position of market director with American Family Life Assurance Company of Columbus. Previously, he served as a commission-based state sales coordinator. As part of a realignment of its U.S. sales operations, the Company previously announced the elimination of the commission-based position of state sales coordinator and the creation of the new position of market director. Mr. Amos had been contracted with Aflac as state sales coordinator since 1978. He will also serve as an emeritus director.
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