Earnings summaries and quarterly performance for Unum.
Executive leadership at Unum.
Richard McKenney
Detailed
President and Chief Executive Officer
CEO
CP
Christopher Pyne
Detailed
Executive Vice President, Group Benefits
LI
Lisa Iglesias
Detailed
Executive Vice President, General Counsel
SZ
Steven Zabel
Executive Vice President and Chief Financial Officer
TA
Timothy Arnold
Executive Vice President, Voluntary Benefits and President, Colonial Life
Board of directors at Unum.
CE
Cynthia Egan
Detailed
Director
GK
Gale King
Detailed
Director
JE
Joseph Echevarria
Detailed
Director
KK
Kevin Kabat
Detailed
Chair of the Board and Lead Independent Director
ML
Mojgan Lefebvre
Detailed
Director
RO
Ronald O'Hanley
Detailed
Director
SC
Susan Cross
Detailed
Director
SD
Susan DeVore
Detailed
Director
TB
Theodore Bunting
Detailed
Director
TK
Timothy Keaney
Detailed
Director
Research analysts who have asked questions during Unum earnings calls.
Suneet Kamath
Jefferies
8 questions for UNM
Also covers: AFL, AMP, BHF +12 more
Alex Scott
Barclays PLC
7 questions for UNM
Also covers: ACGL, AFL, AIG +30 more
EG
Elyse Greenspan
Wells Fargo
7 questions for UNM
Also covers: ACGL, AFL, AHL +32 more
Joel Hurwitz
Dowling & Partners Securities, LLC
7 questions for UNM
Also covers: AFL, CNO, CRBG +9 more
JB
John Barnidge
Piper Sandler
7 questions for UNM
Also covers: AFL, AIZ, AMP +17 more
Ryan Krueger
KBW
7 questions for UNM
Also covers: AFL, AMP, ASGN +14 more
WC
Wesley Carmichael
Autonomous Research
7 questions for UNM
Also covers: ACGL, AFL, BHF +16 more
MH
Mark Hughes
Truist Securities
6 questions for UNM
Also covers: AIZ, AJG, AMBC +42 more
Jack Matten
BMO Capital Markets
5 questions for UNM
Also covers: AFL, CNO, CRBG +7 more
TG
Tom Gallagher
Evercore ISI
5 questions for UNM
Also covers: AMP, CRBG, EQH +6 more
JB
Jamminder Bhullar
JPMorgan Chase & Co.
4 questions for UNM
Also covers: ACGL, AFL, ALL +13 more
Josh Shanker
Bank of America
4 questions for UNM
Also covers: ACGL, ALL, AXS +12 more
TG
Thomas Gallagher
Evercore
4 questions for UNM
Also covers: AFL, AMP, BHF +13 more
TB
Tracy Benguigui
Wolfe Research
4 questions for UNM
Also covers: ACGL, AJG, BRO +8 more
Wilma Burdis
Raymond James Financial
4 questions for UNM
Also covers: AFL, ALTI, AMP +18 more
JB
Jimmy Bhullar
JPMorgan Chase & Co.
3 questions for UNM
Also covers: ACGL, AFL, ALL +12 more
FM
Francis Matten
BMO Capital Markets
2 questions for UNM
Also covers: AFL, CNO, CRBG +6 more
Joshua Shanker
Bank of America Merrill Lynch
2 questions for UNM
Also covers: ACGL, AFL, ALL +13 more
Michael Ward
Citi Research
2 questions for UNM
Also covers: AFL, AN, CPS +13 more
TS
Taylor Scott
BofA Securities
2 questions for UNM
Also covers: ACGL, AFL, AJG +12 more
WC
Wes Carmichael
Wells Fargo
2 questions for UNM
Also covers: AFL, CRBG, EQH +4 more
JM
Jack Matson
BMO Capital Markets
1 question for UNM
Also covers: CNO
JH
Joe Hurwitz
Dowling
1 question for UNM
MH
Mark Hughes
Truist
1 question for UNM
Also covers: AIZ, ECPG, EIG +3 more
MF
Maxwell Fischer
Truist
1 question for UNM
MF
Maxwell Fisher
Truist Securities
1 question for UNM
Also covers: FG, OBDC
MW
Mike Ward
UBS
1 question for UNM
Also covers: GM, MFC, PAG +4 more
Recent press releases and 8-K filings for UNM.
Unum Outlines 2026 Outlook, Capital Deployment, and Reporting Changes
UNM
Guidance Update
Share Buyback
Accounting Changes
- Unum projects premium growth in the range of 4%-7% and earnings per share (EPS) growth in the 8%-12% range for 2026.
- The company expects to return approximately 100% of its earnings to shareholders in 2026 through dividends and share repurchases, following $1 billion in share repurchases and $300 million in dividends in 2025.
- Effective 2026, Unum will report its Closed Block, including long-term care, below the line as a special item, separating it from core business operating earnings and EPS guidance to provide clearer insight into core operations.
- For Group Disability, Unum has set a benefit ratio range of 62%-64% for 2026, with an expected long-term normalization around 65% over the next 2-3 years.
Feb 9, 2026, 7:40 PM
Unum Group Outlines 2026 Outlook, Capital Deployment, and Reporting Changes
UNM
Guidance Update
Share Buyback
Accounting Changes
- Unum Group provided a 2026 outlook projecting premium growth of 4%-7% and earnings per share growth of 8%-12%.
- The company expects to return 100% of its earnings to shareholders in 2026 through dividends and share repurchases, following $1 billion in share repurchases and $300 million in dividends in 2025.
- Unum will report its Closed Block business below the line as a special item starting in 2026 to better isolate core operations, with $2.2 billion in reserves and capital protecting this block at year-end.
- For Group Disability, the 2026 benefit ratio is projected to be 62%-64%, with a long-term normalization target of around 65% over the next 2-3 years.
Feb 9, 2026, 7:40 PM
Unum Provides 2026 Outlook and Strategic Updates
UNM
Guidance Update
Share Buyback
Accounting Changes
- Unum projects premium growth of 4%-7% and earnings per share growth of 8%-12% for 2026.
- The company expects to return approximately 100% of earnings to shareholders in 2026 through dividends and share repurchases, following $1 billion in share repurchases and $300 million in dividends in 2025.
- Unum will begin reporting its Closed Block business below the line as a special item to isolate the performance of its core businesses, with $2.2 billion in reserves and capital protecting the block.
- For Group Disability, Unum forecasts a benefit ratio range of 62%-64% in 2026, with a long-term normalization target of around 65% over the next 2-3 years.
Feb 9, 2026, 7:40 PM
Unum Reports Q4 2025 Results, Provides 2026 Outlook, and Announces Accounting Changes
UNM
Earnings
Guidance Update
Accounting Changes
- Unum Group reported adjusted EPS of $8.13 for full year 2025, which was down year-over-year and below expectations, primarily due to higher than expected benefits experience.
- Core operations premium grew by nearly 4.5% in 2025, and the company expects 4%-7% top-line growth in 2026.
- For 2026, Unum anticipates adjusted EPS growth of 8%-12% over a redefined 2025 base of $7.93, reflecting a change to exclude Closed Block earnings from Adjusted Operating Earnings measurements starting in Q1 2026.
- In 2025, the company increased its dividend by 10% and repurchased $1 billion of shares, ending the year with 440% risk-based capital and $2.3 billion in holding company cash.
- Unum significantly de-risked its Closed Block in 2025 by completing an external reinsurance transaction and an internal reinsurance action, reducing long-term care reserves by over $4 billion.
Feb 6, 2026, 1:00 PM
Unum Group Reports Q4 and Full Year 2025 Results, Provides 2026 Outlook
UNM
Earnings
Guidance Update
Share Buyback
- Unum Group reported full year 2025 adjusted EPS of $8.13, which was below expectations primarily due to higher than expected benefits experience.
- Core operations premium grew nearly 4.5% in 2025, with Colonial Life growing 3.1% and International 10%, contributing to an approximate 20% return on equity.
- In 2025, the company increased its dividend by 10% and repurchased $1 billion of shares, while also significantly de-risking its closed block by ceding approximately 20% of long-term care reserves and reducing total LTC reserves by over $4 billion.
- For 2026, Unum expects adjusted EPS growth of 8%-12% from a redefined 2025 base of $7.93, targeting an EPS range of $8.60-$8.90, alongside top-line growth of 4%-7% and plans to repurchase approximately $1 billion in shares.
- Beginning in Q1 2026, Unum will exclude Closed Block earnings from its Adjusted Operating Earnings measurements, redefining its 2025 adjusted EPS base to $7.93 for comparative purposes.
Feb 6, 2026, 1:00 PM
Unum Reports Q4 2025 Results and Provides 2026 Outlook
UNM
Earnings
Guidance Update
Accounting Changes
- For full year 2025, Unum reported adjusted EPS of $8.13, which was lower than expected due to higher benefits experience, though core operations maintained an approximate 20% return on equity.
- The company projects adjusted after-tax operating EPS for 2026 to be in the range of $8.60-$8.90, representing 8%-12% growth over the redefined 2025 base of $7.93 per share, with top-line growth expected between 4%-7%.
- Unum returned approximately $1.3 billion to shareholders in 2025 through a 10% dividend increase and $1 billion in share repurchases, and plans similar capital deployment for 2026, including approximately $1 billion in share repurchases and a 10% dividend increase.
- Significant progress was made in de-risking the closed block, including a reinsurance transaction that reduced long-term care reserves by over $4 billion and the discontinuation of new employee coverage, effectively placing the block in full runoff.
- Beginning Q1 2026, Closed Block earnings will be excluded from Adjusted Operating Earnings measurements to sharpen focus on the core business, resulting in a redefined 2025 base EPS of $7.93 for future comparisons.
Feb 6, 2026, 1:00 PM
Unum Group Reports Q4 and Full-Year 2025 Results, Provides 2026 Outlook
UNM
Earnings
Guidance Update
Share Buyback
- Unum Group reported net income of $174.1 million ($1.04 per diluted common share) and after-tax adjusted operating income of $322.3 million ($1.92 per diluted common share) for the fourth quarter of 2025.
- For the full year 2025, core operations achieved premium growth of 4.4% and an adjusted operating return on equity of 20.5%.
- The company returned approximately $1.3 billion to shareholders in 2025, including $1.0 billion in share repurchases and $307.2 million in common stock dividends.
- Unum Group maintains a robust balance sheet with $2.3 billion in holding company liquidity and a weighted average risk-based capital ratio of approximately 440%.
- The outlook for 2026 projects core operations premium growth of 4% to 7% and after-tax adjusted operating income per share in the range of $8.60 to $8.90, with a change in reporting methodology to exclude the Closed Block segment.
Feb 5, 2026, 9:34 PM
Unum Group completes senior notes offering
UNM
Debt Issuance
- Unum Group completed an offering of $300 million aggregate principal amount of 5.250% Senior Notes due 2035 on November 14, 2025.
- The notes have a stated maturity date of December 15, 2035, with interest payable semi-annually on June 15 and December 15, commencing June 15, 2026.
- The net proceeds from the offering will be used for general corporate purposes, including the repayment of $275 million aggregate principal amount of the company's 3.875% senior notes due 2025 that matured on November 5, 2025.
- The public offering price for the notes was 99.321% of the principal amount, resulting in proceeds before expenses of $296,013,000.
Nov 14, 2025, 9:32 PM
Unum Group Announces Q3 2025 Financial Results
UNM
Earnings
Share Buyback
- Unum Group reported a significant decrease in Net Income to $39.7 million in Q3 2025, down from $645.7 million in Q3 2024, with Diluted Net Income Per Common Share falling to $0.23 from $3.46.
- Total Revenue for Q3 2025 increased to $3,378.4 million compared to $3,217.0 million in Q3 2024.
- After-tax Adjusted Operating Income decreased to $357.1 million in Q3 2025 from $398.0 million in Q3 2024.
- The company repurchased 3.2 million shares for $253.3 million in Q3 2025. The Leverage Ratio increased to 23.4% as of September 30, 2025, from 21.3% as of September 30, 2024.
Nov 4, 2025, 1:00 PM
Unum Group Reports Q3 2025 Earnings with Strong Core Performance and Significant Reserve Adjustments
UNM
Earnings
Share Buyback
Accounting Changes
- Unum Group reported Q3 2025 adjusted after-tax operating income per share of $2.09, with core operations premium growing 2.9% and sales increasing 12.2%, while maintaining an ROE near 20% for core businesses.
- An annual reserve assumption review resulted in a net increase in reserves of $478.5 million pre-tax or $377.8 million after-tax, primarily due to the removal of morbidity and mortality improvement assumptions and the discontinuation of new employee coverage on existing group long-term care cases, partially offset by an expanded premium rate increase program. This resulted in an approximate $0.10 impact on Q3 EPS.
- The company's capital position remains robust, with holding company liquidity at $2 billion and an RBC ratio of 455%. Unum Group returned nearly $1 billion to shareholders in the first nine months of 2025, comprised of $750 million in share repurchases and $230 million in dividends, projecting a total capital return of approximately $1.3 billion for the full year.
- Management expressed confidence that no future capital contributions will be necessary for the closed block, following strategic actions including a long-term care reinsurance transaction and active management of the block.
Nov 4, 2025, 1:00 PM
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