Aflac (AFL -1.6%) will book losses tied to bank investments in Greece, Ireland, and Portugal of...

|About: Aflac Incorporated (AFL)|By:, SA News Editor

Aflac (AFL -1.6%) will book losses tied to bank investments in Greece, Ireland, and Portugal of $610M in Q2, as a "search for yield" jumps up and bites the company. The company is now adding to its positions in Japanese government debt ... sounds like a winner.