5 Biggest Life Insurance Companies in the US

2. Aflac Incorporated (NYSE:AFL)

Market Capitalization as of November 30, 2022: $44.07 billion

Aflac Incorporated (NYSE:AFL) provides insurance products in the United States and in Japan. The firm is headquartered in Columbus, Georgia.

Aflac Incorporated (NYSE:AFL) had $157 billion of assets last year, and it brought in $4.3 billion in net income. Both of these marked an annual drop as the devastation ushered in by the coronavirus pandemic hit the insurance sector hard due to higher payouts.

34 out of the 920 hedge fund portfolios studied by Insider Monkey for their September quarter of 2022 investments had held a stake in Aflac Incorporated (NYSE:AFL).

Out of these, Aflac Incorporated (NYSE:AFL)’s largest investor is Dmitry Balyasny’s Balyasny Asset Management which owns 1,3 million shares that are worth $75 million.

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