New 52-week high for Aflac


Aflac (AFL +1.8%) hits a new 52-week high today after last night's earnings.

On the earnings call (transcript), management makes note of its expanded alliance with Japan Post, increasing over time from 1K to 20K the number of post office outlets in which Aflac's cancer products will be offered.

It's a "game-changer," says Aflac Japan Chairman Charles Lake (who also took to CNBC saying the same thing). Japan Post is the largest insurer in the world with over $1T in assets and none of its 79 agencies have ever sold for Aflac.

For now, forward guidance on 3rd party sales does not include any contribution from the Japan Post deal.

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