Aflac to acquire Zurich North America's Group Benefits business.

Aflac, a supplemental insurer, through its subsidiaries Aflac of Columbus and Aflac of New York, agreed to acquire Zurich North America's Group Benefits business, consisting of group life, disability and absence management products. Financial terms were not disclosed. "We are very excited to acquire the Group Benefits platform of Zurich North America. This strategic transaction further enhances our value proposition to brokers and employers and aligns with our vision of being the number one distributor of benefit solutions to the US workforce," Teresa L. White, Aflac US President.