Feb
25
Aflac Triples Japan Equity Wagers to Counter Low Interest Rates
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Japan operations boosted stock bets to $493 million by Dec. 31
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Aflac is pressured by Japan’s negative interest-rate strategy
Aflac Inc., the supplemental health insurer that counts Japan as its biggest market, more than tripled its stock bets in that country last quarter to counter low interest rates in its bond portfolio.
The insurer’s Japan operation had $493 million of equity securities at the end of 2015, Columbus, Georgia-based Aflac said Thursday in a regulatory filing. That compares with $126 million as of Sept. 30 and $23 million at the end of 2014…
Aflac Triples Japan Equity Wagers to Counter Low Interest Rates
