Unum Group provides workplace benefits and services through its Unum and Colonial Life brands, with insurance products that include disability, life, accident, critical illness, dental and vision coverage. Company news commonly covers quarterly operating results, premium and sales trends, benefits paid, capital returns through dividends and share repurchases, and updates tied to its core insurance operations and Closed Block long-term care exposure.
Recurring updates also include Colonial Life leadership and strategy, broker and employer technology integrations such as Unum Broker Connect and Unum Total Leave, investor conference appearances, and outlook commentary for workplace benefits, leave and absence management, and related services.
Fortitude Re closed a long-term care reinsurance transaction with a subsidiary of Unum Group (NYSE: UNM), covering approximately 50,000 policies. Unum recaptured the policies from its subsidiary Fairwind and reinsured them with Fortitude Reinsurance Company. The block represents $3.8 billion in statutory reserves and approximately $4.5 billion on a best estimate reserve basis. Fortitude's subsidiary agreed to retrocede 100% of the insurance risks, retaining only underlying spread-based risks.
Unum Group (UNM) closed its previously announced long-term care reinsurance transaction with Fortitude Re through its Unum America subsidiary. The reinsured block covers approximately 50,000 individual policies, with $3.8 billion of statutory reserves and approximately $4.5 billion of best estimate reserves. Unum will continue servicing and administering the business. Fortitude Re will transfer biometric risk to a highly rated global reinsurer.
Unum Group (NYSE: UNM) reported a third-quarter 2026 net loss of $419.7 million, reversing a profit a year earlier. The loss was $2.65 per diluted share, versus earnings of $0.23 in 2025. Before-tax investment losses of $853.0 million primarily reflected impairments tied to assets intended for the Fortitude Re reinsurance transaction.
After-tax adjusted operating income fell to $349.0 million, or $2.20 per diluted share, from $479.4 million, or $2.81. Core premium growth was 4.7 percent at constant currency. Unum US and International earnings declined, while Colonial Life earnings rose 35.0 percent. Unum revised its adjusted earnings definition to include annual reserve assumption updates and refinements, without changing GAAP net income. Quarterly repurchases were approximately $200 million; holding-company liquidity was $1.4 billion and the weighted average risk-based capital ratio was approximately 485 percent.
Unum Group (NYSE: UNM) declared a quarterly common-stock dividend of $0.505 per share, payable on November 20, 2026. The dividend is payable to stockholders of record as of October 30, 2026. The board's declaration was effective October 15, 2026.
Unum Group (NYSE: UNM) will release its third quarter 2026 results on November 3, 2026, at approximately 4:15 p.m. ET. Senior management will host a conference call on November 4, 2026, at 8:00 a.m. ET to discuss the results. The earnings release and financial supplement will be available on the investor website, where a recording of the call will remain available through November 11, 2026.
Unum Group (UNM) had its Financial Strength Rating of A (Excellent) and Long-Term Issuer Credit Rating of “a+” (Excellent) for Unum Insurance Group members affirmed by AM Best, with a stable outlook.
AM Best also affirmed Unum Group’s Long-Term ICR of “bbb+” (Good) and the Long-Term Issue Credit Ratings on multiple senior unsecured notes maturing between 2028 and 2054, as well as junior subordinated notes and capital securities, all with stable outlooks. The ratings are supported by a balance sheet assessed as strong, strongest risk-adjusted capitalization under BCAR, strong liquidity and quality of capital, and a conservatively managed, diversified investment portfolio that has historically generated higher yields than industry benchmarks.
Unum’s strong operating performance, diversified earnings, favorable profitability ratios, and reduced individual long-term care exposure through internal actions and external reinsurance also underpin the affirmation, while AM Best continues to monitor reserve adequacy on the closed block of long-term care business.
Unum Group (NYSE: UNM) announced that President & CEO Rick McKenney will represent the company at the KBW Insurance Conference. He is scheduled to speak at 2:05 p.m. ET on Wednesday, September 9, 2026, discussing Unum’s business strategy and future growth prospects. A live audio webcast of the presentation will be accessible via the Investors section of Unum’s website on the News and Events page.
Unum Group (NYSE: UNM) announced that its board has authorized a new share repurchase program allowing the company to buy back up to $1 billion of common stock, beginning September 1, 2026. The existing program will remain in place until August 31, 2026, after which all repurchases will occur under the new authorization.
According to Unum Group, the timing, amount, and method of repurchases will be determined by management based on market conditions and other factors. Repurchases may be executed via open market transactions, privately negotiated deals, accelerated share repurchase programs, or Rule 10b5-1 trading plans, and the board may suspend, modify, or terminate the program at any time.
Unum Group (NYSE: UNM) reported second quarter 2026 net income of $256.9 million, or $1.61 per diluted share, versus $335.6 million a year earlier. After-tax adjusted operating income was $346.0 million, or $2.16 per diluted share, compared with $360.2 million, or $2.06, in 2025.
Unum cited 3.6 percent constant-currency premium growth, a 21.4 percent adjusted operating return on equity, and statutory operating earnings of $330.9 million for its traditional U.S. life insurance companies. Unum US and Colonial Life delivered higher segment adjusted operating income, while Unum International and Closed Block posted weaker results.
Capital return in the quarter included approximately $200 million of share repurchases and $73.5 million in dividends, contributing to about $750 million year-to-date. According to Unum, holding company liquidity was $1.5 billion and the weighted average risk-based capital ratio was roughly 480 percent. Book value per share excluding AOCI rose 3.2 percent year over year to $80.10, and the company reaffirmed full-year 2026 after-tax adjusted operating income guidance of $8.60 to $8.90 per share, implying 8 to 12 percent growth over 2025.
Unum Group (NYSE: UNM) will release its second quarter 2026 results on July 28, 2026, at approximately 4:15 p.m. ET, with materials available in the investor section of its website.
Senior management will host a conference call on July 29, 2026 at 8:00 a.m. ET, with advance dial-in registration and a live listen-only webcast, plus replay access through August 5, 2026. The company also announced anticipated earnings release and call dates for the third and fourth quarters of 2026 and the first quarter of 2027.