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Press releases

  • 10/31/18 9:07 am EDT

    Elimination of popular benefit could entice more than a third to job-hop in already tight labor market

    BATON ROUGE, La.--(BUSINESS WIRE)--Employee benefits provider Unum (NYSE: UNM) finds the elimination of vision benefits could motivate more than a third (34 percent) of U.S. workers ages 25 to 34 to look for a new job. These results and other key findings were part of an online poll among 1,227 working U.S. adults conducted by Unum in July. While the likelihood of job-hopping was higher among this primarily Millennial age group, other agemore...
  • 10/24/18 4:15 pm EDT
    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Unum Group (NYSE: UNM) today reported a net loss of $284.7 million ($1.30 per diluted common share) for the third quarter of 2018, compared to net income of $252.3 million ($1.12 per diluted common share) for the third quarter of 2017. Included in the net loss for the third quarter of 2018 is an after-tax reserve increase of $593.1 million ($2.71 per diluted common share) in the long-term care product linemore...
  • 10/16/18 4:38 pm EDT
    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Unum Group (NYSE: UNM) announced today that it will hold its annual investor meeting on Wednesday, December 12, 2018, at the Grand Hyatt New York. The meeting will start at 8:00am EST and is anticipated to conclude by 10:30am EST. The event will be simulcast in a listen-only mode on the “Investors” page of the company’s website (www.unumgroup.com) approximately 15 minutes prior to the start of the meeting.more...
  • 10/15/18 4:20 pm EDT
    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Effective October 15, 2018, the Unum Group (NYSE:UNM) Board of Directors declared a quarterly dividend of $0.26 per share on its common stock to be paid on November 16, 2018, to stockholders of record on October 29, 2018. ABOUT UNUM GROUP Unum Group is a leading provider of financial protection benefits in the United States and the United Kingdom. Its primary businesses are Unum USmore...
  • 10/10/18 9:15 am EDT

    Expense ranks as primary reason many adults avoid the dentist

    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Employee benefits provider Unum (NYSE: UNM) finds that 41 percent of adults cite the cost of dental care, including out of pocket costs for procedures, as the top stressor about their personal oral health. This figure was higher among women (46 percent) than men (37 percent), and among workers ages 50-64 (45 percent). These results and other key findings were part of an online poll among 1,229 working U.S. adultsmore...
  • 10/1/18 11:00 am EDT

    Polish market entry expands Unum’s European footprint

    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Unum Group (NYSE: UNM) completed its purchase of Pramerica Życie TUiR SA (“Pramerica”), a financial protection provider in Poland that will support Unum’s long-term growth strategy of protecting more people. “The purchase of Pramerica capitalizes on an opportunity to expand our footprint into Poland, an attractive market for the benefits we provide,” said Unum President and CEO Rick McKenney. “It alsomore...
  • 9/24/18 4:15 pm EDT
    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Unum Group (NYSE: UNM) will release its third quarter 2018 results October 24, at approximately 4:15 p.m. eastern. The earnings news release and the financial supplement will be available in the Investors section of the company’s website, which can be directly accessed at www.investors.unum.com. Members of Unum Group senior management will host a conference call on Thursday, October 25, at 8 a.m. eastern tomore...
  • 9/18/18 6:31 am EDT
    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Unum Group (NYSE:UNM) is announcing today that it has substantially completed its reserve review for its long-term care block of business, previously referenced in the company’s second quarter 2018 earnings release. Based on its analysis, the company expects to increase its long-term care GAAP reserves in the third quarter of 2018 by approximately $590 million after-tax, or approximately $750 million before-tax.more...
  • 9/4/18 9:57 am EDT
    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Employee benefits provider Unum (NYSE: UNM) finds that nearly half (45 percent) of 25-34-year-olds reported feeling stressed or worried when thinking about life insurance, compared to just 29 percent of those 35-49. Women were significantly more anxiety-ridden about life insurance, with 37 percent reporting feeling stressed or worried compared to just 23 percent of men. These results and other key findings were partmore...
  • 8/13/18 4:17 pm EDT

    Auto-enrollment for disability plans can help employees make better financial decisions

    CHATTANOOGA, Tenn.--(BUSINESS WIRE)--New research from employee benefits provider Unum (NYSE: UNM) shows nearly half of U.S. workers (49 percent) spend 30 minutes or less reviewing their benefits prior to enrollment, according to an online poll of 1,227 U.S. workers conducted last month. Respondents reported feeling stressed (21 percent), confused (22 percent) and anxious (20 percent) when enrolling in their benefits. “Navigating the sea ofmore...