Aflac Prepared for Low Interest Rates on Japan Bonds, CEO Says

What Is the Impact of Negative Rates on Aflac?

Aflac Inc., the insurer that counts Japan as its largest market, is prepared for a period of low interest rates in that nation after investing in U.S. bonds and hedging the holdings to the yen, Chief Executive Officer Dan Amos said.

“We had a feeling that interest rates were going to continue to drift down,” Amos said Tuesday in a Bloomberg Television interview. “So we’re well positioned.”

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