On Friday, Shares of AFLAC Incorporated (NYSE:AFL), gained 0.67% to $63.52.
Aflac, the leading provider of voluntary insurance at the work site in the United States, celebrated the company’s 60th anniversary in style recently as Chairman and CEO Dan Amos, together with executives and family, rang the closing bell at the New York Stock Exchange. Aflac was officially founded on Nov. 17, 1955, by brothers John, Paul and William Amos, who saw a need for financial protection when an unpredictable medical situation occurs. Listed as AFL, Aflac first appeared on the New York Stock Exchange in 1974.
“When I think of the humble startings of our company in a six-room leased building in Columbus, Georgia, with only 16 employees and 60 sales agents, it is almost impossible to conceive where we are recently,” Amos said. “After 60 years, we are a Fortune 500 company with revenues at nearly $23 billion, employing more than 10,000 people in the United States and Japan, with more than one hundred thousand associates and brokers selling our products. Our founders were onto something back in 1955, and we are so proud to uphold the traditions they set forth 60 years ago.”
In addition to the 60th anniversary celebration, Aflac is also commemorating 40 years of serving policyholders in Japan in addition to its 20-year relationship with the Aflac Cancer Center in Atlanta. Earlier this year, Aflac declared that it had exceeded $100 million in contributions to the fight against childhood cancer, much of which has been offered by the company’s independent sales agents who donate directly from their commission checks.
Aflac Incorporated, through its partner, American Family Life Assurance Company of Columbus, provides supplemental health and life insurance products. It operates through two segments, Aflac Japan and Aflac U.S.
Shares of McGraw Hill Financial Inc (NYSE:MHFI), inclined 2.69% to $98.33, during its last trading session.
Sugarcane crush volumes in the key Center-South (CS) region of Brazil in the second half (2H) of November are predictable to total 18.08 million mt, a decline of almost 30% contrast to the first half of November, as rains disrupted several days of crushing, according to a Platts survey of analysts. Platts is a leading global provider of energy and commodities information and premier source of independent benchmark price references. The consensus estimate accounts for an average of eight days of crush lost to rain.
Wider analyst expectations for cane crush spanned 14.9 million mt to 21.5 million mt. Brazilian sugarcane industry group UNICA is predictable to release its bi-weekly sugarcane harvest data next week.
The poll of analysts shows a consensus forecast for total recoverable sugar (ATR) at 120.48 kg/mt, with a wider range of 112.4-125 kg/mt. Analysts at Platts Kingsman, an agricultural analytics unit of Platts, forecast a cane crush of 21.5 million mt and an ATR of 121.50 kg/mt, down 7 kg/mt from first half November.
Platts Kingsman senior analyst Claudiu Covrig said the arrival of more rain over the latest two-week reporting period could bring mixed news for the current crop and as the market starts to look ahead to the next season.
McGraw Hill Financial, Inc. provides benchmarks and ratings, analytics, data, and research services for the capital, commodities, and commercial markets worldwide. It operates in four segments: Standard & Poor’s Ratings Services (S&P Ratings), S&P Capital IQ, S&P Dow Jones Indices (S&P DJ Indices), and Commodities & Commercial (C&C).
Finally, Shares of Aon plc (NYSE:AON), ended its last trade with 3.17% gain, and closed at $96.65.
Aon Hewitt, the global talent, retirement and health solutions business of Aon plc (AON) conducted an inaugural survey on Retirement & Financial Wellness for Singapore Employers 2015. This reveals there are still large gaps in current retirement provisions.
As Singapore’s population rapidly ages and life expectancy significantly improvements, employers’ role in assisting their workforce adequately to plan for their retirement and being more proactive to facilitate retirement readiness that could drive employee engagement is becoming under scrutiny.
The Aon Hewitt survey participants representing multiple industries and organisation sizes, covering more than 37,000 employees have indicated that Singapore employers generally do not offer supplementary retirement plans. While 71% of the population comprising of Singapore citizens and Permanent Residents are eligible under the Central Provident Fund (CPF) scheme only about one in twenty companies offer arrangements to supplement the CPF mandatory contributions.
Aon plc provides risk administration services, insurance and reinsurance brokerage, and human resource consulting and outsourcing services worldwide. It operates through two segments, Risk Solutions and HR Solutions.
