Aflac Declines as Insurer Reports Losses on Spanish Investments
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Aflac Inc., the world’s biggest seller of supplemental health insurance, dropped in extended trading yesterday after reporting losses on Spanish holdings.
Aflac fell 1.7 percent to $41.30 after the close of regular trading in New York. The Columbus, Georgia-based insurer reported after-tax realized investment losses from impairments of $223 million in the second quarter, primarily from investments in Bankia SA and the government of Catalonia.