Financial Strength

• Aflac is rated AA- by Standard & Poor, AA- by Fitch Ratings, and Aa2 (Excellent) by Moody’s for financial strength.
• A.M. Best rates Aflac as A+ (Superior) for financial strength and operating performance.

Investment Philosophy

• Aflac has always believed that a conservative investment approach helps ensure  that Aflac is well-positioned to fulfill its promises to claimants, policyholders, employees, sales associates and shareholders.
• Aflac places a high priority on investing in high-quality fixed-income securities.
• More than 95% of Aflac’s fixed-income securities were investment grade at 
March 31, 2009.
• Aflac does not have direct investment exposure to the subprime lending market.