Overview
Aflac Medicare Supplement insurance coverage is underwritten by Tier One Insurance Company, a subsidiary of Aflac Incorporated, and is administered by Aetna Life Insurance Company.1
Aflac Incorporated's investment assets support insurance reserves and enterprise balance sheet objectives.1
Investment program
- Estimated AUM
- $103.8B as of Dec 31, 20252
- Capital pool
- general_account1
- Investment model
- Aflac states that credit assets are managed internally and by third-party managers.3
- Investment approach
- Group Short-Term and Long-Term Disability Insurance: In Idaho and Oklahoma, policy form number ICC20 CDL1100.1
- Spending support
- Not listed yet
- Spending policy
- Not listed yet
- Asset allocation
- At December 31, 2025, Aflac reported investments of USD 97.515 billion: fixed-maturity AFS USD 60.485 billion, fixed-maturity AFS VIE USD 3.636 billion, fixed-maturity HTM USD 16.120 billion, equity securities USD 0.887 billion, commercial mortgage and other loans USD 9.765 billion and other investments USD 6.622 billion; cash and cash equivalents were USD 6.245 billion.4
- Performance
- Not listed yet
- Governance
- Aflac's Finance and Investment Committee oversees the investment process and investment-risk management by monitoring policies, strategies and transactions and reviewing portfolio performance, capital and liquidity.5
- Investment team
- Brad Dyslin is Global CIO and President of Aflac Global Investments, overseeing approximately USD 100 billion and more than 170 investment professionals in the United States and Japan.6
- Unfunded commitments
- Not listed yet
- Source freshness
- Last verified Jul 21, 2026 · Needs review
Sources
Last verified Jul 21, 2026 from public career and organization materials.
Fact notes
- Website (aflac.com)Parent organization overview, Pool purpose, Capital pool, Investment approach · checked Jul 25, 2026
- Financial statements (s24.q4cdn.com)Estimated AUM · checked Jul 25, 2026
- Website (aflac.com)Investment model · checked Aug 6, 2026
- Financial statements (sec.gov)Asset allocation · checked Aug 6, 2026
- Financial statements (investors.aflac.com)Governance · checked Aug 6, 2026
- Website (aflac.com)Investment team · checked Aug 6, 2026
- Website (careers.aflac.com)Investment office page · checked Jul 25, 2026
Reports and filings
- At December 31, 2025, Aflac reported investments of USD 97.515 billion: fixed-maturity AFS USD 60.485 billion, fixed-maturity AFS VIE USD 3.636 billion, fixed-maturity HTM USD 16.120 billion, equity securities USD 0.887 billion, commercial mortgage and other loans USD 9.765 billion and other investments USD 6.622 billion; cash and cash equivalents were USD 6.245 billion.Financial statements · checked Aug 6, 2026
- Existing profile AUM value with source URL https://s24.q4cdn.com/367535798/files/doc_financials/2025/ar/FINAL-AFL-12-31-25_Form-10K.pdf.Financial statements · checked Jul 25, 2026
- Aflac's Finance and Investment Committee oversees the investment process and investment-risk management by monitoring policies, strategies and transactions and reviewing portfolio performance, capital and liquidity.Financial statements · checked Aug 6, 2026
Profile and job sources
- Website (aflac.com)Website · checked Jul 25, 2026
- Website (careers.aflac.com)Website · checked Jul 25, 2026
- Website (aflac.com)Website · checked Aug 6, 2026
- Website (careers.aflac.com)Website · checked Jul 25, 2026
- Website (aflac.com)Website · checked Aug 6, 2026
- Primary job/profile sourceJob posting · checked Jul 21, 2026