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FORTUNE Names Aflac a World's Most Admired Company - 13th Time
Thursday, February 27, 2014
FORTUNE Names Aflac a World's Most Admired Company - 13th Time08:00 EST Thursday, February 27, 2014
Ranked No. 1 in the Insurance: Life and Health Category
COLUMBUS, Ga., Feb. 27, 2014 /PRNewswire/ -- Aflac, the leading provider of voluntary insurance in the United States and a 2013 FORTUNE Blue Ribbon Company, has again been recognized by FORTUNE magazine as a World's Most Admired Company. This is the 13th time that Aflac has appeared on this prestigious list. The annual survey, conducted by FORTUNE and Hay Group, a global management consulting firm, is given to top executives, directors and financial analysts, to identify the companies that enjoy the strongest reputations within their industries and across industries. Aflac ranked No. 1 in the Insurance Life and Health category for the second consecutive year.
"Being named a FORTUNE World's Most Admired Company for the 13th time provides strong validation that Aflac consistently does things the right way for our customers and shareholders," Aflac Chairman and CEO Dan Amos said. "We have a reputation for paying claims fast, which guides our success, so we are pleased that these survey results confirm the effectiveness of our business model."
In addition to being ranked No. 1 in the Insurance Life and Health category, Aflac took top honors in the innovation, long-term investment and global competitiveness sub categories within the industry.
According to FORTUNE, the World's Most Admired Companies list is the definitive report card on corporate reputations. To compile the rankings, corporate reputation and performance are measured against nine key attributes: innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment, quality of products and services, and global competitiveness.
The World's Most Admired Companies list can be found on the FORTUNE website. The list will appear in FORTUNE magazine's February 27, 2014, print edition. For more information on how the rankings are determined, please view the full methodology on Hay Group's website.
When a policyholder gets sick or hurt, Aflac pays cash benefits fast. For nearly six decades, Aflac insurance policies have given policyholders the opportunity to focus on recovery, not financial stress. In the United States, Aflac is the leading provider of voluntary insurance. In Japan, Aflac is the number one life insurance company in terms of individual policies in force. Aflac individual and group insurance products help provide protection to more than 50 million people worldwide. For seven consecutive years, Aflac has been recognized by Ethisphere magazine as one of the World's Most Ethical Companies. In 2014, FORTUNE magazine recognized Aflac as one of the 100 Best Companies to Work For in America for the 16th consecutive year. Also, in 2014, FORTUNE magazine included Aflac on its list of Most Admired Companies for the 13th time, ranking the company number one in the life and health insurance category. Aflac Incorporated is a Fortune 500 company listed on the New York Stock Exchange under the symbol AFL. To find out more about Aflac, visit aflac.com or espanol.aflac.com.
About FORTUNEFORTUNE is a global leader in business journalism known for its unrivaled access to industry leaders and decision makers. Founded in 1930, FORTUNE magazine has a worldwide circulation of more than 1 million and a readership of nearly 5 million and is the only business brand with editions in Europe and Asia, including a Chinese-language edition. FORTUNE is home to some of the strongest business franchises, including: FORTUNE 500, Best Companies, World's Most Admired Companies, Fastest Growing Companies and Most Powerful Women. The FORTUNE Conference Division extends the brand's mission into live settings, hosting a wide range of annual conferences for top-level executives, including the FORTUNE Global Forum and the Most Powerful Women Summit. FORTUNE's online home is CNNMoney.com, the world's largest dedicated business and finance Web site.
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