Unum Group Reports Strong Q1 Earnings Amid Strategic Risk Reduction
Unum Group (NYSE:UNM) reported strong first-quarter results, including a nearly 10% year-over-year increase in after-tax adjusted operating EPS to $2.14 and over 5% earned-premium growth. The company also reduced long-term care risk exposure by terminating about 7% of group LTC cases (~30,000 lives) following product changes.
Tickers: $UNM
Topics: capital returns financial performance insurance long-term care