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Unum (UNM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Effective April 10, 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 May 16, 2025, to stockholders of record as of April 25, 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.
Unum Group stock rallies on improved premium income, higher sales, strong persistency, favorable benefits experience and effective capital deployment.
Lower claims frequency, moderate pricing and the adoption of technology are likely to boost the performance of Zacks Accident and Health Insurance industry players like AFL, UNM, TRUP, EIG and AMSF.
Unum Group shares have surged over 50% in the past year, driven by strong core business performance and favorable long-term care exposure developments. The reinsurance deal with Fortitude Re reduced Unum's LTC risk by 20%, providing a $100 million benefit and improving capital allocation. Unum's core business continues to perform well, with solid premium growth and a strong investment portfolio, despite some pressure in the dental and vision segments.
Unum Group stock rallies on improved premium income, higher sales, strong persistency, favorable benefits experience, as well as effective capital deployment.
UNM reinsures long-term care reserves and cede multi-life individual disability insurance business to Fortitude Re to focus on higher-returning core businesses.
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--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 t.
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--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.
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--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 repurcha.