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), a leading provider of workplace benefits and income protection insurance, maintains this dedicated news hub for investors and industry stakeholders. Access timely updates including earnings reports, regulatory filings, leadership announcements, and product developments directly impacting the company's market position.
This resource centralizes Unum's financial disclosures, strategic initiatives, and operational updates across its core segments: Unum US, Colonial Life, and international markets. Users will find essential information about disability insurance innovations, group life coverage expansions, and voluntary benefits program enhancements.
Key content categories include quarterly earnings analyses, merger/acquisition activity, dividend declarations, and corporate responsibility updates. All materials are sourced from official channels to ensure accuracy for those monitoring UNM stock performance or evaluating the insurance sector.
Bookmark this page for streamlined access to Unum's latest developments. Combine these updates with SEC filings and market analysis tools available on Stock Titan for comprehensive investment research.
Unum Group, a leading provider of financial protection benefits, has launched Unum Pet Insurance in partnership with Nationwide. The pet insurance offering aims to provide coverage for pets' accidents, illnesses, wellness, and preventative care, addressing the rising costs of pet ownership. With seamless integration into Unum's voluntary benefits portfolio, the program enhances overall employee engagement and satisfaction. Unum Pet Insurance also covers emergency boarding costs, lost pet support, mortality expenses, and offers optional wellness coverage. Nationwide, with over 40 years of experience, supports the initiative, making pet insurance an attractive benefit for today's workforce.
Unum Group (UNM) has announced a 15% increase in the quarterly dividend paid on its common stock, resulting in a new rate of 42 cents per share or $1.68 annually, effective for the third quarter of 2024.
Unum Group reported a strong start to 2024 with net income of $395.2 million ($2.04 per diluted common share), marking a 13.9% growth in book value per common share over the year-ago quarter. The company increased capital deployment, accelerated share repurchases, and raised the common stock dividend by 15%. Unum US reported a 23.3% increase in adjusted operating income, with strong performance in group disability and group life businesses. Unum International saw a slight decrease in adjusted operating income. Colonial Life reported a 21.1% increase in adjusted operating income. The Closed Block segment's adjusted operating income decreased. The outlook for full-year 2024 anticipates a 7-9% increase in after-tax adjusted operating income per share compared to 2023.
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