Aflac CEO Amos on Inflation, Claims and ESG

The video discusses the impact of high inflation on businesses, particularly in the insurance industry, and how it affects investment strategies. It also explores the effects of the pandemic on health and life insurance claims, highlighting a temporary decrease in claims due to reduced doctor visits. The video further delves into Aflac's commitment to ESG principles and diversity in corporate governance. Lastly, it examines the influence of interest rates on international business, especially in Japan, and how Aflac adapts its investment strategies accordingly.

How does inflation benefit the insurance industry despite its challenges?

• It reduces operational costs.

• It leads to higher yields.

• It increases consumer spending.

• It stabilizes the stock market.

What was the initial impact of the pandemic on health insurance claims?

• Claims were unaffected.

• Claims decreased initially.

• Claims remained stable.

• Claims increased significantly.

What is a potential long-term effect of the pandemic on health insurance claims?

• Stable claim rates.

• Decreased insurance premiums.

• Higher expenses due to delayed treatments.

• Increased short-term claims.

What percentage of Aflac's business is sold at the work site?

• 50%

• 70%

• 100%

• 90%

Why is insurance often more affordable in an employer-employee environment?

• Employees are older.

• Insurance is mandatory.

• Employers cover all costs.

• Employees are healthier.

What is the company's approach to ESG principles?

• They are committed to ESG and face some pushback.

• They are committed to ESG but face no challenges.

• They are reducing their ESG efforts.

• They have no commitment to ESG.

How do low interest rates affect the company's earnings?

• They increase earnings.

• They stabilize earnings.

• They have no effect.

• They decrease earnings.