Aflac Incorporated Announces Second Quarter Results, Declares Third Quarter Cash Dividend

Aflac Incorporated Announces Second Quarter Results, Declares Third Quarter Cash Dividend COLUMBUS, Ga., July 23 /PRNewswire-FirstCall/ -- Aflac Incorporated (NYSE: AFL) today reported its second quarter results. Reflecting a stronger yen to the dollar, total revenues increased 15.2% to $4.3 billion during the second quarter of 2008, compared with $3.8 billion a year ago. Net earnings were $483 million, or $1.00 per diluted share, compared with $415 million, or $.84 per share, a year ago. Realized investment losses were $1 million, or nil per diluted share in the second quarter of 2008, compared with realized investment gains of $9 million, or $.02 per share a year ago. Net earnings in the second quarter of 2008 included a loss of $3 million, or $.01 per diluted share, from the change in fair value of the interest rate... [read full story]