Aflac Targets Commercial Loans, Plans to Increase Equity Bet
Friday, December 4th, 2015
Aflac. Inc., the largest supplemental health insurer, is expanding bets on commercial loans and stocks to improve returns on its $100 billion investment portfolio.
“We added middle-market loans over the last year and are in the process of building out a commercial loan portfolio,” Chief Financial Officer Fred Crawford said in a conference call Thursday discussing the company’s 2016 outlook. The insurer “will initiate a modest investment in equities in the next few weeks."
