Aflac reported fourth-quarter earnings of $1.57 per share, falling short of the Zacks Consensus Estimate of $1.71 and nearly flat with last year’s $1.56. While net premium revenue advanced 3.2% year-over-year, margin pressures in the U.S. supplemental health segment weighed on underwriting income, contributing to a combined ratio deterioration of 150 basis points to 94.8%. Investment income rose 4.5%, driven by higher yield on fixed-maturity securities, but was insufficient to offset a 12% increase in operating expenses, reflecting continued investments in digital distribution channels.

On February 11, 2026, Virgil R. Miller, President of Aflac Incorporated and Aflac U.S., will deliver a fireside chat at the UBS Financial Services Conference. The presentation, scheduled for 9:40 a.m. ET, will be webcast live with replay available 24 hours later. Management plans to outline strategic priorities for 2026, including targeted expense-management initiatives expected to reduce operating costs by $50 million and the rollout of a new telematics platform designed to improve policyholder engagement and claims processing timelines by up to 20%. Investors can register at the UBS event portal and access supplemental materials under the “Presentations” section of the Aflac investor website.