The American Family Life Assurance Company of Columbus, a subsidiary of Aflac Incorporated, has released its statutory financial results for the first quarter ended March 31, 2025. The subsidiary reported a net income of $1,388.9 million for the current year to date, reflecting an increase from $1,157.6 million in the same period of the prior year. Additionally, the capital and surplus as of the statement date amounted to $1,581.8 million, up from $1,367.8 million prior year to date. The results also showed a change in net unrealized capital gains amounting to $192.1 million, compared to $189.3 million in the previous year's same period. These results indicate a positive financial performance for the subsidiary, demonstrating growth in key financial metrics. The company continues to focus on its core business areas of life, accident, and health insurance.
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