---
schema_version: "secwatch.filing_event.v1"
accession: "0000004977-24-000164"
form_type: "8-K"
ticker: "AFL"
cik: "0000004977"
company_name: "AFLAC INC"
filed_at: "2024-10-30T23:59:59+00:00"
generated_at: "2026-05-30T08:40:25.915868+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Aflac Q3 net loss $93M on investment losses; adjusted EPS $2.16; Miller named President

## Summary
- Q3 net loss $93M ($0.17/share) vs prior-year net income $1.6B ($2.64); hit by $1.4B net investment losses on yen moves.
- Adjusted earnings $1.2B (+10.6%); adjusted EPS $2.16 (+17.4%); variable investment income $27M below expectations.
- Aflac Japan pretax adjusted earnings up 25.5% in yen; profit margin 44.7% (32.8% a year ago).
- Aflac U.S. net earned premiums +2.8%; pretax adjusted earnings down 26.8% due to higher claims and lower remeasurement gains.
- Q4 dividend $0.50/share (+19% YoY); Q3 repurchased $500M shares; Virgil Miller promoted to President effective Jan 1, 2025.

## SEC filing metadata
- accession: 0000004977-24-000164
- form_type: 8-K
- ticker: AFL
- cik: 0000004977
- company_name: AFLAC INC
- filed_at: 2024-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/4977/000000497724000164/0000004977-24-000164-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/4977/000000497724000164/afl-20241030.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000004977-24-000164
- JSON: https://secwatch.observer/filing/0000004977-24-000164.json
- Plain text: https://secwatch.observer/filing/0000004977-24-000164.txt

## Key facts
- Executive change
  Virgil R. Miller was appointed as President at AFLAC INC.
  - Action: appointed
  - Role: President
  source text: The Company has appointed Virgil R. Miller to serve as President of the Company, effective January 1, 2025,
  evidence_url: https://www.sec.gov/Archives/edgar/data/4977/000000497724000164/0000004977-24-000164-index.htm
- Executive change
  Daniel P. Amos resigned as President at AFLAC INC.
  - Action: resigned
  - Role: President
  source text: Daniel P. Amos, who has been serving as President of the Company since November 16, 2023, will resign as President effective January 1, 2025,
  evidence_url: https://www.sec.gov/Archives/edgar/data/4977/000000497724000164/0000004977-24-000164-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.