Aflac Profit Rises 20% on Japanese Currency Strength

April 29 (Bloomberg) -- Aflac Inc., the largest provider ofsupplemental insurance, said first-quarter profit rose 20 percentas the Japanese yen was stronger than a year earlier.

Net income was $569 million, or $1.22 a share, up from $474million, or 98 cents a share, the same period a year earlier, theColumbus, Georgia-based insurer said in a statement distributedby PR Newswire. Operating income, which excludes some investmentresults, was $1.22 a share, beating the average $1.16 estimate of17 analysts surveyed by Bloomberg.

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