S&P lifts Aflac view to positive

S&P said it revised its outlook to positive from stable and affirmed its A- long-term issuer and A+ financial strength ratings on Aflac Inc. and its core operating companies, American Family Life Assurance Co. of Columbus, American Family Life Assurance Co. of NY, and Aflac Life Insurance Japan Ltd.

The outlook revision follows S&P’s revision of its outlook on Japan to positive, reflecting S&P’s view that nominal economic growth exceeding 2%, alongside negative effective real interest rates, would allow the sovereign's relative debt burden to stabilize sooner than S&P had previously expected.

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