Alfac, the Columbus, GA-based insurer, generated revenue of $3.28 billion in first-qarter 2004, up from $2.81 billion a year ago. The company’s net earnings jumped from $237 million to $315 million. The quarter ended March 31. The company’s earnings were boosted by several favorable international currency transactions and investment income. Aflac’s operating earnings rose from $244 million to $295
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Alfac, the Columbus, GA-based insurer, generated revenue of $3.28 billion in first-qarter 2004, up from $2.81 billion a year ago. The company’s net earnings jumped from $237 million to $315 million. The quarter ended March 31.
The company’s earnings were boosted by several favorable international currency transactions and investment income. Aflac’s operating earnings rose from $244 million to $295 million.
Alflac generates much of its employer-based underwriting business in the United States from its direct response television commercials.
