Unum Group
74.86+0.18 (+0.24%)
Oct 29, 4:00:02 PM EDT · NYSE · UNM · USD
Key Stats
Market Cap
12.75BP/E (TTM)
8.98Basic EPS (TTM)
8.34Dividend Yield
0.02%Recent Filings
10-Q
Q2 FY2025 results
Unum Group's Q2 2025 10-Q filing reports net income of $335.6 million, down 13.8% from $389.5 million in Q2 2024, with diluted EPS at $1.92 versus $2.05. For the first half of 2025, net income was $524.7 million, a 33.1% decrease from $784.7 million in 2024, with diluted EPS at $2.97 compared to $4.09. Adjusted operating income, excluding investment losses, reinsurance amortization, and non-contemporaneous reinsurance, was $361.1 million ($2.07 per share) for Q2 2025, down from $411.4 million ($2.16 per share) in Q2 2024. For the first half, it was $726.6 million ($4.11 per share), down from $821.3 million ($4.28 per share) in 2024. Premium income rose 4.6% to $2,748.0 million in Q2 and 4.1% to $5,450.9 million for the half, driven by growth in core segments. Net investment income increased 2.9% to $560.7 million in Q2 and 1.4% to $1,073.9 million for the half. The benefit ratio was 71.9% in Q2 2025 versus 68.9% in 2024, and 70.6% for the half versus 68.6%, reflecting unfavorable claims experience. The company repurchased 7.1 million shares for $505.9 million in the first half. A reinsurance transaction with Fortitude Re closed in July 2025, ceding portions of long-term care and individual disability businesses. The effective tax rate was 19.5% in Q2 and 20.6% for the half, compared to 21.4% and 20.8% in 2024. Consolidated assets were $62,843.8 million at June 30, 2025, up from $61,959.3 million at year-end 2024.
8-K
Unum Q2 earnings dip, reinsurance closed
Unum Group reported Q2 2025 net income of $335.6 million ($1.92 per share), down from $389.5 million last year, with after-tax adjusted operating income at $361.1 million ($2.07 per share). Premiums grew 4.6% on a constant currency basis, driven by core operations, while the company closed its long-term care reinsurance deal, slashing closed block exposure. It repurchased $300 million in shares, boosting book value per share to $65.76. Full-year adjusted operating EPS outlook now hits $8.50. Solid capital at 485% RBC ratio supports growth, yet claims pressures linger.
8-K
Unum closes reinsurance deal
Unum Group closed its reinsurance transaction on July 1, 2025, ceding a 100% quota share of $3.4 billion in long-term care statutory reserves and $120 million in individual disability in-force premium to Fortitude Reinsurance, effective January 1, 2025. This offloads risk from Unum Life and Provident Life subsidiaries, freeing capital for core operations. Reserves transfer smoothly. Yet regulatory approvals across jurisdictions add oversight layers.
8-K
Unum shareholders approve key items
Unum Group shareholders overwhelmingly elected all eleven director nominees at the May 22, 2025 Annual Meeting, signaling strong board continuity. They also approved executive compensation on an advisory basis, ratified Ernst & Young as auditors for 2025, and greenlit the Unum European SAYE Share Option Scheme. Votes crushed opposition. This endorsement bolsters governance stability amid steady operations.
8-K
Unum boosts dividend 10%
Unum Group announced on May 22, 2025, a 10 percent hike in its quarterly dividend to 46 cents per common share, equating to $1.84 annually, effective for the third-quarter payout. This move signals board confidence in steady cash flows amid robust 2024 results of $12.9 billion in revenues. Yet actual outcomes may vary materially from expectations.
IPO
Website
Employees
Sector
Industry
CI
The Cigna Group
299.12-9.29
CNO
CNO Financial Group, Inc.
39.87-0.36
FG
F&G Annuities & Life, Inc.
29.09-0.14
LNC
Lincoln National Corporation
40.03-0.09
MET
MetLife, Inc.
78.32-0.43
PUK
Prudential Public Limited Compa
27.81-0.42
SLF
Sun Life Financial Inc.
61.49-0.24
UFCS
United Fire Group, Inc
30.04-0.65
UNH
UnitedHealth Group Incorporated
355.26-12.58
UTGN
UTG, Inc.
44.50+0.00