Unum

Unum Group is engaged in providing financial protection benefits. It operates through the following segments: Unum US, Unum International, Colonial Life, Closed Block and Corporate. The Unum US segment consists of group long-term and short-term disability insurance, group life and accidental death and dismemberment products, and supplemental and voluntary lines of business. The Unum International segment engages in the operations of the UK business, which includes insurance for group long-term disability, group life, and supplemental lines of business that include dental, individual disability, and critical illness products and the Poland business, which includes insurance for individual and group life with accident and health riders. The Colonial Life segment includes insurance for accident, sickness, disability products, life products, and cancer and critical illness products. The Closed Block segment consists of individual disability, group and individual long-term care, and other insurance products no longer actively marketed. The Corporate segment refers to investment income on corporate assets and other corporate income and expenses not allocated to a line of business and interest expense on corporate debt other than non-recourse debt. The company was founded in 1848 and is headquartered in Chattanooga, TN.

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Unum reports strong Q4 earnings, capital strength, growth opportunities

Unum delivered strong financial performance in Q4 2022, marked by increased net income and after-tax adjusted operating income, supported by healthy margins and sales growth.
The company's robust capital metrics, proactive risk management strategies, and stable profitability position it well for sustained success and resilience in the face of challenges.
While facing challenges such as claim size volatility and regulatory complexities, Unum can leverage growth opportunities in group insurance, sales drivers, and capital deployment to drive future profitability.
Overall, Unum's strategic focus on operational efficiency, profitability, and prudent risk management underscores its resilience and potential for long-term value creation for stakeholders.

Unum reports robust Q1 earnings, eyes growth amid challenges

Unum Group delivered a strong financial performance in Q1 2023, with significant increases in net income and adjusted operating income across key business segments.
The company showcased operational strengths in core business lines, competitive positioning, and sales momentum, positioning itself for future growth.
Challenges related to external factors, pricing dynamics, and risk management require strategic focus to sustain profitability and market leadership.
Opportunities in rising demand post-pandemic, overperformance in group disability, and technology investments offer avenues for growth and market expansion.

Unum reports robust Q2 earnings, focuses on growth strategies

Unum's Q2 2023 earnings call highlighted strong financial performance, strategic capital deployment plans, and a focus on addressing challenges in the long-term care segment. The company's robust sales growth, solid capital position, and investments in technology underscore its commitment to sustainable growth and shareholder value. Unum's proactive approach to managing risks and exploring growth opportunities positions it well for future success.

Unum reports mixed Q3 earnings, focuses on growth opportunities

Unum's Q3 2023 performance saw a decrease in net income but an increase in adjusted operating income, with strong premium growth and improved performance in key segments.
The company's capital position remained robust, and it aims to maintain shareholder value through efficient capital deployment and strategic adjustments.
While facing challenges in certain areas like group disability loss ratio and large case sales, Unum is optimistic about growth opportunities and accelerating momentum across all business lines.

Unum Group excels in Q4 2023, poised for growth

Unum Group's Q4 2023 performance reflected exceptional results, strong sales growth, and strategic focus on capital management and shareholder value enhancement.
While facing challenges in competitive markets and risk management, Unum's prudent strategies and customer-centric approach position it well for future growth and stability.
Opportunities in M&A, market transactions, and product innovation present avenues for Unum to further strengthen its market presence and drive sustainable long-term success.

Unum Group's Q1 2024 performance reflects strong earnings growth, operational resilience, and strategic focus on competitive pricing and business persistency.
While facing challenges in long-term care and group disability pricing, the company remains optimistic about future opportunities, supported by positive economic trends and diversified revenue streams.
Analysts' inquiries underscore areas of scrutiny, but Unum's disciplined underwriting, capital management, and growth strategies position it well for continued success in 2024.

Unum Group reports robust Q3 earnings, focuses on growth strategies

Unum Group's Q3 2024 earnings call showcased strong financial performance driven by adjusted EPS growth and robust premium increases across key business segments. While facing challenges in sales growth, the company's focus on operational efficiency and capital deployment highlights a path for sustained progress. With a strategic outlook towards organic growth and shareholder value enhancement, Unum remains positioned for future success.

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Unum Group engages in the provision of financial protection benefits. Its services include disability, life, accident, critical illness, dental, vision, and other related services. It operates through the following segments: Unum US, Unum International, Colonial Life, Closed Block, and Corporate. The Unum US segment focuses on group disability, group life and accidental death and dismemberment products, and supplemental and voluntary lines of business. The Unum International segment engages in the operations of the UK business, which includes insurance for group long-term disability, group life, and supplemental lines of business that include dental, individual disability, and critical illness products. The Colonial Life segment includes insurance for accident, sickness, disability products, life products, and cancer and critical illness products. The Closed Block segment consists of individual disability, group and individual long-term care, and other insurance products no longer actively marketed. The Corporate segment refers to investment income on corporate assets and other corporate income and expenses not allocated to a line of business. The company was founded in 1848 and is headquartered in Chattanooga, TN.

Generational preferences for non-insurance benefits also differ greatly CHATTANOOGA, Tenn., Dec. 12, 2022 /PRNewswire/ -- The top three non-insurance employee benefits U.S. workers want are paid time off (PTO), flexible work options, and paid family leave, according to new research from employee-benefits leader Unum (NYSE: UNM).

Most U.S. workers value time off, flexibility, and paid leave benefits

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Company increases jobs in technology, customer service, broker services, and sales CHATTANOOGA, Tenn. , Dec. 8, 2022 /PRNewswire/ -- As businesses continue to be affected by layoffs and turnover, Unum is hiring across all departments and levels in its national and international offices.

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CHATTANOOGA, Tenn. , Dec. 1, 2022 /PRNewswire/ -- Unum Group (NYSE: UNM) announced today that its board of directors has approved a share repurchase program authorizing the company to repurchase up to $200 million of its common stock from time to time from January 1, 2023 through December 31, 2023.

Unum Group's board of directors authorizes $200 million share repurchase program for 2023

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Unum (UNM) is well poised to gain from higher sales, higher persistency, improving premium income and prudent capital deployment.

Here's Why You Should Consider Betting on Unum (UNM) Stock Now

CHATTANOOGA, Tenn. , Nov. 16, 2022 /PRNewswire/ -- Unum Group's (NYSE: UNM) President & CEO, Rick McKenney along with Unum EVP and CFO, Steve Zabel, will represent the company at the Goldman Sachs 2022 US Financial Services Conference.

Unum Group to present at Goldman Sachs 2022 US Financial Services Conference

CHATTANOOGA, Tenn. , Nov. 8, 2022 /PRNewswire/ -- Unum Group (NYSE: UNM) has named Mary Wagnon, Lynn Rice and Matt Royal to senior finance roles for enterprise risk management, accounting and investor relations, respectively.

Unum Names Wagnon, Rice, Royal to Senior Finance Roles

Erin Casey named new head of digital platforms CHATTANOOGA, Tenn. , Nov. 3, 2022 /PRNewswire/ -- Unum (NYSE: UNM) marked a milestone month in September with a record number of employers choosing Unum HR Connect to help save time when managing employee benefits.

Unum HR Connect Delivers Record Growth to Simplify Benefits Administration For More Employers

Unum Group (UNM) Q3 results reflect continued strong operating performance, core business premium trends nearing long-term growth expectations, improved core operations sales, premium growth and continued favorable benefits experience.

Unum Group (UNM) Q3 Earnings Top, Revenues Lag Estimates

Unum Group - 6.25% NT REDEEM 15/06/2058 USD 25

Unum Group (NYSE:UNM ) Q3 2022 Earnings Conference Call November 2, 2022 8:00 AM ET Company Participants Matthew Royal - Chief Risk Officer & SVP, IR Richard McKenney - President, CEO & Director Steven Zabel - EVP & CFO Mark Till - EVP & CEO, Unum International Michael Simonds - EVP & COO Timothy Arnold - EVP, Voluntary Benefits & President, Colonial Life Conference Call Participants Erik Bass - Bernstein Autonomous Ryan Krueger - KBW Alexander Scott - Goldman Sachs Suneet Kamath - Jefferies Tracy Benguigui - Barclays Bank Thomas Gallagher - Evercore ISI Jamminder Bhullar - JPMorgan Chase & Co. Operator Hello, everyone, and welcome to the Unum Group Third Quarter 2022 Earning Results Conference Call. My name is Alex.

Unum Group (UNM) Q3 2022 Earnings Call Transcript

Unum (UNM) delivered earnings and revenue surprises of 7.86% and 0.67%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Unum (UNM) Q3 Earnings Surpass Estimates

Net income of $410.7 million ($2.04 per diluted common share) for the third quarter of 2022; after-tax adjusted operating income was $303.7 million ($1.51 per diluted common share). Results reflect continued strong operating performance, the shift towards endemic COVID impacts, and core business premium trends nearing our long-term growth expectations; core operations sales and premium growth on a constant currency basis of 14.1 percent and 3.9 percent, respectively.

Unum Group Reports Third Quarter 2022 Results

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Unum Group (UNM) Q3 results are likely to reflect higher persistency, increased sales and favorable incidence.

Here's What to Expect From Unum Group (UNM) Q3 Earnings

CHATTANOOGA, Tenn. , Oct. 26, 2022 /PRNewswire/ -- Fall is the time when millions of U.S. workers enroll in employee benefits.

Unum Dental Network: New name, same great access to in-network care

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News for Unum Stock (UNM)