Fitch affirms Aflac

Fitch Ratings said it affirmed Aflac Inc.'s issuer default rating at AA- and senior debt rating at A+.

The outlook is stable.

Ratings are supported by continued strong operating results, a conservative investment strategy, strong absolute and risk-adjusted capital, and name-brand recognition in a well-defined market niche, the agency said.

Fitch said it remains concerned with the low interest rate environments in both Japan and the United States, which provide a challenge to Aflac's investment results.

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