Aflac Incorporated (NYSE:AFL) Q3 2024 Earnings Conference Call October 31, 2024 8:00 AM ET

Company Participants

David Young - VP, Capital Markets
Dan Amos - Chairman & CEO
Max Broden - EVP & CFO
Virgil Miller - President, Aflac U.S.
Charles Lake - Chairman & President, Aflac International
Masatoshi Koide - President, Aflac Life Insurance Japan
Brad Dyslin - Global CIO & President, Aflac Global Investments
Koichiro Yoshizumi - EVP, Sales & Marketing, Aflac Life Insurance Japan
Alycia Slyck - Global Chief Actuary

Conference Call Participants

Joel Hurwitz - Dowling & Partners
Tom Gallagher - Evercore ISI
Wes Carmichael - Autonomous Research
Ryan Krueger - KBW
John Barnidge - Piper Sandler
Jimmy Bhullar - J.P. Morgan
Wilma Burdis - Raymond James
Nick Annitto - Wells Fargo

Operator

Good day, and welcome to the Aflac Incorporated Third Quarter 2024 Earnings Call. All participants will be in listen only mode. [Operator Instructions]. After today's remarks, there will be an opportunity to ask questions. [Operator Instructions]. Please note this event is being recorded.

I would now like to turn the conference over to David Young, Vice President of Capital Markets. Please go ahead.

David Young

Good morning and welcome. Thank you for joining us for Aflac Incorporated third quarter earnings call.

I hope you will also join us for our Financial Analyst Briefing on December 3rd at the New York Stock Exchange. Registration reminders for this event will go out over the next few weeks.

This morning, Dan Amos, Chairman, CEO of Aflac Incorporated will provide an overview of our results and operations in Japan and the United States. Then, Max Broden, Executive Vice President and CFO of Aflac Incorporated will provide an update on our financial results and current capital and liquidity. These topics are also addressed in the materials we posted with our earnings release and financial supplement on investors.aflac.com. In addition, Max provided his quarterly video update, which also includes information about the outlook for 2024. We also posted under Financials, on the same site, updated slides of investment details related to our commercial real-estate and middle-market loans.

For Q&A today, we are joined by Virgil Miller, President of Aflac U.S.; Charles Lake, Chairman and Representative Director, President of Aflac International; Masatoshi Koide, President and Representative Director, Aflac Life Insurance Japan; and Brad Dyslin, Global Chief Investment Officer, President of Aflac Global Investments.

Before we begin, some statements in this teleconference are forward-looking within the meaning of federal securities laws. Although we believe these statements are reasonable, we can give no assurance that they will prove to be accurate because they are prospective in nature. Actual results could differ materially from those we discuss today. We encourage you to look at our Annual Report on Form 10-K for some of the various Risk Factors that could materially impact our results. As I mentioned earlier, the earnings release is available on investors.aflac.com and includes reconciliations of certain non-U.S. GAAP measures.