Welcome to our dedicated page for Unum news (Ticker: UNM), a resource for investors and traders seeking the latest updates and insights on Unum stock.
Unum Group (NYSE: UNM) is a Fortune 500 workplace benefits provider in the finance and insurance sector, with a focus on disability, life, accident, critical illness, dental, and vision insurance, as well as leave and absence management support and behavioral health services. The UNM news feed on Stock Titan brings together company announcements, earnings releases, rating actions, and capital markets updates drawn from official sources.
Recent Unum news has included quarterly and annual earnings reports, where the company discusses segment results for Unum US, Unum International, Colonial Life, and its Closed Block business. These releases detail adjusted operating income, premium trends, net investment income, and benefit ratios, giving investors insight into the performance of group disability, group life and accidental death and dismemberment, and supplemental and voluntary lines of business.
News coverage also features capital and financing activities, such as Unum’s offering of senior unsecured notes and the authorization of share repurchase programs, as reported in Business Wire releases and Form 8-K filings. Credit rating agency AM Best publishes rating affirmations and issue ratings on Unum’s subsidiaries and debt instruments, which appear as separate news items and provide an external view of the company’s balance sheet strength and debt profile.
In addition, Unum issues announcements about upcoming earnings releases, conference calls, and investor conference presentations, outlining when management will discuss business strategy, financial results, and outlook. By following UNM news, readers can monitor operational performance, capital management decisions, reinsurance transactions involving legacy long-term care and individual disability business, and third-party rating actions. Investors and researchers can use this page as a centralized view of the company’s latest publicly released information and scheduled events.
On October 15, 2021, Unum Group (NYSE: UNM) announced a quarterly dividend of $0.30 per share on its common stock. The dividend is set to be paid on November 19, 2021, to stockholders on record as of October 29, 2021. This dividend reflects Unum's ongoing commitment to returning value to shareholders. In 2020, the company reported revenues of $13.2 billion and paid out $7.6 billion in benefits, indicating its strong financial position in the workplace benefits market.
Unum Group (NYSE: UNM) will announce its third quarter 2021 results on November 2 at 4:15 p.m. EST. The earnings release and financial supplement will be available on the company's Investor website. Senior management will follow up with a conference call on November 3 at 8 a.m. EST, discussing operational results and future guidance. A live webcast will be accessible, and a recording will be available until November 10. In 2020, Unum reported revenues of $13.2 billion and paid $7.6 billion in benefits.
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Unum (NYSE: UNM) and Colonial Life have partnered with Nayya to enhance the benefits enrollment experience for employees. This collaboration leverages AI and data science to offer personalized guidance, helping employees make informed decisions during open enrollment and life events. The U.S. healthcare costs continue to rise, leading to significant medical debt for many Americans. The partnership aims to empower consumers with data-driven insights for selecting benefits, improving financial wellness outcomes. Unum reported $13.2 billion in revenues for 2020 and paid out $7.6 billion in benefits.
Unum Group (NYSE: UNM) will be represented by President & CEO Rick McKenney at the 2021 Barclays Global Financial Services Conference on September 13, 2021, at 11:15 a.m. EST. McKenney will outline the company's business strategy and future growth prospects. A live webcast of the presentation will be accessible via Unum's website.
Unum is a leading provider of workplace benefits, with reported revenues of $13.2 billion in 2020.
Unum Group (NYSE: UNM) reported a net income of $182.9 million ($0.89 per diluted share) for Q2 2021, down from $265.5 million ($1.30 per diluted share) in Q2 2020. The results included a $53.2 million cost for early debt retirement and a $24.2 million tax expense. Adjusted operating income rose to $286.2 million ($1.39 per diluted share), reflecting a strong performance amid improving COVID conditions. The company expects a smaller decline in after-tax adjusted operating income for the full year, now anticipated to be 1-3% compared to 5-6% previously.
On July 16, 2021, Unum Group (NYSE: UNM) announced a quarterly dividend of $0.30 per share, payable on August 20, 2021, to stockholders of record as of July 30, 2021. This move reflects the company's commitment to providing value to its shareholders. In 2020, Unum reported revenues of $13.2 billion and distributed $7.6 billion in benefits, highlighting its role as a leading provider of financial protection benefits through its various subsidiaries, including Unum US, Unum UK, Unum Poland, and Colonial Life.
Unum Group (NYSE: UNM) will release its Q2 2021 results on August 3, 2021, at approximately 4:15 PM EST. The earnings release will be available on the company's website. A conference call is scheduled for August 4, 2021, at 8 AM EST, where management will discuss operational results and provide forward-looking guidance. Participants can join via phone or listen to a live webcast.
Unum reported $13.2 billion in revenues in 2020, offering a range of financial protection benefits globally.
Unum's internal data reveals that COVID-19 was the third-leading cause of short-term disability among U.S. workers in 2020, significantly impacting the manufacturing sector where it ranked first. In 2020, Unum processed over a million disability claims, attributing this surge to the pandemic and increased demand for financial protection. Behavioral health claims rose to represent 6% of total claims, with mental health issues affecting half of U.S. workers. Unum disbursed $6.2 billion in benefits and emphasized the need for improved mental health support in the workplace.
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