Unum Group

Unum reaffirmed its 2024 adjusted EPS guidance of $8.60–8.90 and highlighted strong capital generation as well as planned capital returns of about $1.3bn ( $300m dividends, $1bn share buybacks). The US business is growing in the mid-teens, Colonial Life recently reported 6% revenue growth, while PFML and the UK business require price adjustments. Management emphasized continued risk reduction in long-term care, including a reinsurance transaction announced in July 2024, and continues to invest in technology; about 70% of the US business is now digitally connected. » Więcej na de.investing.com

Unum Group's stock climbed to an all-time high of $94.60 and is currently trading at $94.58, with a market capitalization of $14.93 billion. Total return for the year was 30.6%; the stock rose 33% over six months and 22% year-to-date. In Q2 2026, Unum reported adjusted operating earnings of $2.16 per share and revenue of $3.37 billion, comfortably beating sales expectations, while margin pressure in parts of its US disability business and the UK savings unit has raised investor concerns. » Więcej na de.investing.com

Unum Group agreed to cede $3.8 billion of long-term care statutory reserves to Fortitude Re, bringing total reinsured LTC reserves to $7 billion and cutting its LTC exposure by about 40% since the start of last year. The deal, effective April 1, 2026 and expected to close in 2026 subject to approvals, reduces total LTC statutory reserves from $14.8 billion to roughly $11 billion and removes remaining individual LTC from Fairwind. The transaction will use $650 million of holding company excess capital while Unum keeps its planned 2026 capital return program of about $1.3 billion in dividends and share repurchases. Management said the reinsurance improves reserve and sensitivity profiles, shifts the remaining block toward lower-risk group LTC, and could lead to further transactions only if market conditions and shareholder value justify them. » Więcej na finance.yahoo.com