WK1Assgn_

docx

School

Liberty University *

*We aren’t endorsed by this school

Course

WMBA6070

Subject

Finance

Date

Feb 20, 2024

Type

docx

Pages

4

Uploaded by abbey39

Report
Module 1 Assignment: Financial Management Decision Making Report prepared by: Date: January 14, 2024 Walden University WMBA 6070: Managerial Finance 1
Company Profile, Part 1 Aflac Incorporated is the largest supplemental American insurance company known in the United States. Aflac Inc. was founded in Columbus Georgia by two brothers Paul Amos, John Amos, and Bill Amos. Aflac is an insurance company known for providing supplemental insurance to customers that offers them financial protection against any illness or accidents. In any of the following events, Aflac pays cash benefits to all policyholders who have policies for supplemental insurance when injured or ill. Aflac provides supplemental insurance as additional coverage that helps with out-of- pocket expenses that’s not covered by your primary insurance company. Aflac is known as an optional or voluntary insurance company that benefits individuals daily; the company offers their supplemental coverage as financial safety precautions to customers. Not only does Aflac provide services to individuals but businesses and families as well. Aflac has a host of supplemental coverages such as accident insurance, vision, short-term disability, cancer, critical, life, etc. Nasdag Nasdag, known as “National Association of Securities Dealers Automated Quotations,” is the global electronic marketplace for selling and buying securities (Hayes, A. 2023). Nasdag is a stock exchanges with headquarters in New York that operates a clearing house, over 20 markets that has five central securities in Japan and the United States. As of today, Aflac has a Nasdag of 82.74 USD. Mission & Vision Aflac mission and vision is to provide financial protection to their policyholders and customers through their subsidiaries. Aflac vision was to build research and donate money to 2
support those with cancer, the company and employees brought the vision to life by now offering cancer health plans and insurance to individuals and families. Work Environment & Organizational Culture The company was named as Fortune Magazine’s 100 Best Companies to work for in the last 20 plus years. According to Aflac “you’ll find yourself in a supportive work environment with an organizational culture that champions an open-door management philosophy, competitive salaries, excellent benefits and more” (Aflac Inc. 2021). Financial Stability Financial stability is when businesses contribute to performances allocating prices, and resources and financial risks for a company. Aflac is a 500-fortune company that is one of the largest tops selling supplemental insurance company in the United States. According to Aflac “95% of their fixed-income securities were investment grade on March 31, 2009” (Aflac Inc. 2009). Aflac Investment helps the company fulfill their mission and vision to their policyholders and not only their customers but their employees as well. Domestic & International Growth Aflac Global Investments and their subsidiaries with Aflac Inc. has a new partnership with Denham Capital which is a global sustainable infrastructure and energy resources investment firm that is going to launch a debt platform that will be invested in the projects that helps with credit quality, which gives shareholders the advantage of creating additional equity partnerships. Aflac is a wonderful supplemental insurance company that offers their policyholders great additional benefits. 3
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
References Aflac. (2009). NYSE.AFL. Retrieved from irfactsheetfeb09.pdf (aflac.com) Aflac. (2021). Our Promise. Retrieved from Aflac Careers- Who Are We? Alac. (2021). Aflac Global Investments Announces $2.1 Billion Strategic Partnership with Denham Capital to Accelerate Denham Sustainable Infrastructure’s Platform. Retrieved from Aflac Global Investments Announces $2.1 Billion Strategic Partnership with Denham Capital to Accelerate Denham Sustainable Infrastructure's Platform (prnewswire.com) Aflac. (2024). What We Do. Retrieved from Supplemental Insurance for Life, Health & More | Aflac Hayes, A. (2023). What Nasdaq Is, History, and Financial Performance. Retrieved from What Nasdaq Is, History, and Financial Performance (investopedia.com) Nasdaq, Inc. (2024). Aflac Incorporated Common Stock. Retrieved from AFLAC Incorporated Common Stock (AFL) Stock Price, Quote, News & History | Nasdaq 4