News & Videos - UNUM GROUP

Unum Group (NYSE: UNM) announced today that its Unum Life Insurance Company of America subsidiary (Unum America) has agreed to enter into an agreement to cede to Fortitude Reinsurance Company Ltd. (Fortitude Re), on a coinsurance basis, individual LTC insurance policies representing 19% of Unum's total LTC block and a quota share of IDI policies reinsured from an affiliate representing 20% of Unum's total in-force IDI premium, effective January 1, 2025. At the closing of the transaction, Unum...

Unum Group’s (NYSE: UNM) President & CEO, Rick McKenney, along with EVP and CFO, Steve Zabel, will represent the company at the 46th Annual Raymond James Institutional Investor Conference. McKenney and Zabel are scheduled to speak at the conference at 4:35 p.m. ET on Tuesday, March 4, 2025. They will discuss the company’s business strategy and future growth prospects. A live audio webcast of the presentation will be available on the Investors section of Unum’s website,...

Unum Group (NYSE: UNM) announced today that its board of directors has approved a share repurchase program authorizing the company to repurchase up to $1 billion of its common stock from time to time beginning on April 1, 2025. The board of directors also authorized the termination of the company’s current share repurchase program as of March 31, 2025, with any unused amount under that program expiring as of that date. The timing and amount of share repurchases will be determined by management...

Unum Group’s (NYSE: UNM) President & CEO, Rick McKenney, will represent the company at the 2025 UBS Financial Services Conference. McKenney is scheduled to speak at the conference at 3:30 p.m. ET on Monday, February 10, 2025. He will discuss the company’s business strategy and future growth prospects. A live audio webcast of the presentation will be available on the Investors section of Unum’s website, www.investors.unum.com , on the News and Events page. ABOUT UNUM Unum Group (NYSE: UNM),...

Unum Group (NYSE: UNM) today reported net income of $348.7 million ($1.92 per diluted common share) for the fourth quarter of 2024, compared to net income of $330.6 million ($1.69 per diluted common share) for the fourth quarter of 2023. Included in net income for the fourth quarter of 2024 is the after-tax amortization of the cost of reinsurance of $8.1 million ($0.04 per diluted common share), the after-tax impact of non-contemporaneous reinsurance of $3.9 million ($0.03 per diluted common...

Effective January 9, 2025, the Unum Group (NYSE: UNM) Board of Directors declared a quarterly dividend of $0.420 per share on its common stock to be paid February 14, 2025, to stockholders of record as of January 24, 2025. About Unum Group Unum Group (NYSE: UNM), a leading international provider of workplace benefits and services, has been helping workers and their families thrive for more than 175 years. Through its Unum and Colonial Life brands, the company offers disability, life, accident,...

Unum Group (NYSE: UNM) will release its fourth quarter 2024 results on February 4, 2025, at approximately 4:15 p.m. ET. The earnings release and financial supplement will be available in the investors section of the company’s website , which can be directly accessed at https://investors.unum.com . Members of Unum Group’s senior management will host a conference call on February 5, 2025, at 8:00 a.m. ET to discuss fourth quarter operations results and 2025 outlook. Topics may include...

Unum Group joins The Council for Disability Income Awareness PR Newswire PORTLAND, Maine, Dec. 3, 2024 PORTLAND, Maine , Dec. 3, 2024 /PRNewswire/ -- The Council for Disability Income Awareness is pleased to announce the recent addition of one new member firm. Unum Group, through its subsidiaries Unum and Colonial Life, provides employee benefits and HR solutions that enable employers to better care for their employees. Unum Group partners with 174,000 companies to protect 45,000,000 workers and...

Unum Group to release third quarter 2024 results and host conference call PR Newswire CHATTANOOGA, Tenn., Sept. 30, 2024 CHATTANOOGA, Tenn. , Sept. 30, 2024 /PRNewswire/ -- Unum Group (NYSE: UNM) will release its third quarter 2024 results on October 29, 2024 , at approximately 4:15 p.m. ET . The earnings release and financial supplement will be available in the investors section of the company's website , which can be directly accessed at https://investors.unum.com . Members of Unum Group's...

Unum Group to present at the 2024 KBW Insurance Conference PR Newswire CHATTANOOGA, Tenn., Aug. 26, 2024 CHATTANOOGA, Tenn. , Aug. 26, 2024 /PRNewswire/ -- Unum Group's (NYSE: UNM) President & CEO Rick McKenney along with EVP and CFO Steve Zabel will represent the company at the 2024 KBW Insurance Conference. McKenney and Zabel are scheduled to speak at the conference at 2:50 p.m. ET on Wednesday, September 4, 2024 . They will discuss the company's business strategy and future growth prospects....

Unum Group Reports Second Quarter 2024 Results PR Newswire CHATTANOOGA, Tenn., July 30, 2024 Net income of $389.5 million ( $2.05 per diluted common share) for the second quarter of 2024; after-tax adjusted operating income was $411.4 million ( $2.16 per diluted common share). Growing top-line with core operations premium growth of 5.4 percent on a constant currency basis, and robust margins across our businesses. Full-year 2024 outlook for after-tax adjusted operating earnings per share...

Unum Group's board of directors authorizes $1 billion share repurchase program PR Newswire CHATTANOOGA, Tenn., July 30, 2024 CHATTANOOGA , Tenn. , July 30, 2024 /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 $1 billion of its common stock from time to time beginning on August 1, 2024 . The board of directors also authorized the termination of the company's current share...

Unum Group Declares Quarterly Dividend of $0.420 Per Share of its Common Stock PR Newswire CHATTANOOGA, Tenn., July 12, 2024 CHATTANOOGA, Tenn. , July 12, 2024 /PRNewswire/ -- Effective July 12, 2024 , the Unum Group (NYSE:UNM) Board of Directors declared a quarterly dividend of $0.420 per share on its common stock to be paid August 16, 2024 , to stockholders of record as of July 26, 2024 . About Unum Group Unum Group (NYSE: UNM), a leading international provider of workplace benefits and...

Unum Group Announces Sale of Medical Stop Loss Operations to Amynta Group PR Newswire CHATTANOOGA, Tenn. and NEW YORK, July 8, 2024 CHATTANOOGA, Tenn. and NEW YORK , July 8, 2024 /PRNewswire/ -- Unum Group (NYSE: UNM) announced that it has entered into a definitive agreement whereby the Amynta Group, a leading insurance services provider, will acquire Unum Group's Medical Stop Loss business ("Stop Loss Business"). The business will operate as a full-service managing general underwriter under...

Unum Group to release second quarter 2024 results and host conference call PR Newswire CHATTANOOGA, Tenn., July 3, 2024 CHATTANOOGA, Tenn. , July 3, 2024 /PRNewswire/ -- Unum Group (NYSE: UNM) will release its second quarter 2024 results on July 30, 2024 , at approximately 4:15 p.m. ET . The earnings release and financial supplement will be available in the investors section of the company's website , which can be directly accessed at https://investors.unum.com . Members of Unum Group's senior...

Unum Group Completes Senior Note Offering PR Newswire CHATTANOOGA, Tenn., June 10, 2024 CHATTANOOGA, Tenn. , June 10, 2024 /PRNewswire/ -- Unum Group (NYSE: UNM) announced today that it has completed an offering of $400 million aggregate principal amount of senior notes due in 2054 with an annual coupon rate of 6.00 percent. The net proceeds from the sale of the senior notes are intended to be used to repay, in full, the $350 million aggregate principal amount of outstanding indebtedness under...

Unum Group's Ratings Upgraded by Moody's PR Newswire CHATTANOOGA, Tenn., June 4, 2024 CHATTANOOGA, Tenn. , June 4, 2024 /PRNewswire/ -- Unum Group (NYSE:UNM) announced today that its debt ratings and financial strength have been upgraded by Moody's Ratings (Moody's). The company's senior unsecured debt ratings were upgraded to Baa2 from Baa3, and the financial strength ratings of its rated domestic subsidiaries were upgraded to A2 from A3. "The upgrade is a testament to our strong execution, the...

Unum Group launches Unum Pet Insurance PR Newswire CHATTANOOGA, Tenn., May 8, 2024 CHATTANOOGA, Tenn. , May 8, 2024 /PRNewswire/ -- Unum Group (NYSE: UNM), a leading provider of financial protection benefits in the U.S., has launched Unum Pet Insurance. Unum Pet Insurance offers plans that provide coverage employees can count on to keep their pets healthy. With this offering, Unum Group has rounded out its financial benefits portfolio, offering holistic protection for employees and their...

Unum Group Reports First Quarter 2024 Results PR Newswire CHATTANOOGA, Tenn., April 30, 2024 Net income of $395.2 million ( $2.04 per diluted common share) for the first quarter of 2024; after-tax adjusted operating income was $409.9 million ( $2.12 per diluted common share). Results reflect a growing top-line with core operations premium growth of 6.6 percent on a constant currency basis, and robust margins highlighted by group disability, group life and AD&D, and supplemental and voluntary....

Unum Group's Board of Directors Votes to Increase Common Stock Dividend PR Newswire CHATTANOOGA, Tenn., April 30, 2024 CHATTANOOGA, Tenn. , April 30, 2024 /PRNewswire/ -- Unum Group (NYSE: UNM) announced today its board of directors has authorized an increase of 15 percent in the quarterly dividend paid on its common stock. The new rate of 42 cents per common share, or $1.68 per share on an annual basis, will be effective with the dividend expected to be paid in the third quarter of 2024....