NYSEFinancialsLife & Health InsuranceS&P MidCap 400
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Close of Nov 06, 2026 · end-of-day data
UNM 8-K filings, explained
Every material Form 8-K Unum has filed with the SEC since January 04, 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Unum Group reported a net loss of $419.7 million, or $2.65 per diluted common share, for the third quarter of 2026, compared to net income of $39.7 million in the prior-year period. After-tax adjusted operating income was $349.0 million, or $2.20 per diluted common share, alongside solid premium growth of 4.7 percent on a constant currency basis across core operations. Concurrently, the company updated its full-year 2026 after-tax adjusted operating income per share guidance to a range of $8.30 to $8.50.
Net loss of $419.7 million ($2.65 per diluted common share) for the third quarter of 2026.
After-tax adjusted operating income of $349.0 million ($2.20 per diluted common share) for the quarter.
Year-to-date capital return reached $1,038.5 million, including approximately $200 million of share repurchases during the third quarter.
Full-year 2026 after-tax adjusted operating income per share expected to be $8.30 to $8.50.
Unum Group reported second-quarter 2026 net income of $256.9 million, or $1.61 per diluted share, down from $335.6 million, or $1.92, a year earlier. Adjusted per-share operating income rose to $2.16 from $2.06, but adjusted operating income in dollars fell to $346.0 million from $360.2 million, as the company absorbed a $75.4 million Closed Block segment loss and $30.7 million in strategic actions charges before tax.
Net income $256.9 million ($1.61 per diluted share) in Q2 2026, versus $335.6 million ($1.92) in Q2 2025
After-tax adjusted operating income $346.0 million ($2.16 per diluted share), versus $360.2 million ($2.06) a year earlier
Closed Block segment adjusted operating loss of $75.4 million and strategic actions impact of $30.7 million before tax
Full-year 2026 outlook for after-tax adjusted operating income per share of $8.60 to $8.90
Unum's Unum Life Insurance Company of America agreed on July 2, 2026 to cede a portion of its closed block individual long-term care business to Fortitude Reinsurance Company Ltd. on a 100% quota share coinsurance basis. The company says the deal reduces its legacy long-term care exposure and that the closing is expected during 2026, but it also involves transferring about $5.7 billion of assets and cash and is expected to reduce operating earnings through foregone investment income and incremental interest expense.
Reinsures $3.8 billion of long-term care statutory reserves, or 26% of total LTC statutory reserves as of March 31, 2026
Initial portfolio of assets and cash with fair market value of approximately $5.7 billion to transfer at closing, subject to adjustment for interest rates
Remaining LTC statutory reserves expected to be about $11.0 billion after the transaction, with year-end 2026 holding company liquidity of $1.5 billion to $2.0 billion
Closing expected during 2026, subject to regulatory approvals; agreement may be terminated if closing has not occurred within six months of execution
Unum reported first-quarter 2026 net income of $232.0 million ($1.41 per diluted share), up from $189.1 million ($1.06) a year earlier. After-tax adjusted operating income, which excludes investment losses and Closed Block results, rose to $352.5 million ($2.14 per share) from $348.8 million ($1.95). The company also gave a full-year 2026 outlook of $8.60 to $8.90 per share for after-tax adjusted operating income.
Net income was $232.0 million ($1.41 per diluted share) in Q1 2026, versus $189.1 million ($1.06) in Q1 2025.
After-tax adjusted operating income was $352.5 million ($2.14 per diluted share), versus $348.8 million ($1.95) a year earlier.
The Closed Block segment posted an adjusted operating loss of $145.3 million, compared with adjusted operating income of $8.0 million in Q1 2025.
Full-year 2026 outlook is $8.60 to $8.90 per share, about 8% to 12% growth over the redefined 2025 result of $7.93.
Unum Group reported fourth-quarter 2025 net income of $174.1 million ($1.04 per diluted share), down from $348.7 million ($1.92 per diluted share) a year earlier, and included an $82.0 million after-tax pension settlement loss. The company forecast 2026 after-tax adjusted operating income of $8.60 to $8.90 per share, which it says represents growth of about 8% to 12% over its redefined 2025 result of $7.93 per share.
Q4 2025 net income was $174.1 million ($1.04 per diluted share), compared with $348.7 million ($1.92 per diluted share) in Q4 2024.
Q4 2025 included an $82.0 million after-tax settlement loss ($0.49 per diluted share) on the U.S. pension plan annuity purchase.
2026 outlook: after-tax adjusted operating income of $8.60 to $8.90 per share, versus a redefined 2025 result of $7.93 per share.
Book value per common share was $67.11 at December 31, 2025, up from $61.38 a year earlier; 2025 shareholder returns totaled about $1.3 billion, including $1.0 billion of share repurchases.
Unum Group reported third-quarter 2025 net income of $39.7 million ($0.23 per diluted share), down from $645.7 million ($3.46 per diluted share) a year earlier. The decline reflects an after-tax net reserve increase of $377.8 million tied to annual assumption updates, mainly in long-term care. Adjusted operating income fell to $357.1 million ($2.09 per diluted share) from $398.0 million ($2.13), and the company said it expects a comparable $0.10 per share effect in the fourth quarter.
Net income was $39.7 million ($0.23 per diluted share) in Q3 2025, versus $645.7 million ($3.46) in Q3 2024.
After-tax net reserve increase of $377.8 million ($2.21 per diluted share), mainly from long-term care assumption updates.
Adjusted operating income was $357.1 million ($2.09 per diluted share), compared with $398.0 million ($2.13) a year earlier.
Premium income grew 2.9 percent on a constant currency basis; the company returned about $980 million to shareholders year-to-date and will host a call on November 4, 2025 at 8:00 am Eastern Time.
Unum Group reported second-quarter 2025 net income of $335.6 million, or $1.92 per diluted share, down from $389.5 million, or $2.05 per share, a year earlier, while total revenue rose to $3,361.4 million from $3,233.4 million. The company revised its full-year 2025 after-tax adjusted operating income per share outlook to approximately $8.50, compared with $8.44 in full-year 2024, and said it expects full-year share repurchases at the top end of its $500 million to $1.0 billion range.
Q2 2025 net income was $335.6 million ($1.92 per diluted share) versus $389.5 million ($2.05) in Q2 2024.
After-tax adjusted operating income was $361.1 million ($2.07 per diluted share) versus $411.4 million ($2.16) a year earlier.
Full-year 2025 adjusted operating income per share outlook revised to approximately $8.50, compared with $8.44 in 2024.
Company repurchased $300 million of shares in the quarter and year-to-date purchases reached $500 million.
Unum Group announced on July 1, 2025 that it closed a transaction in which its insurance subsidiary Unum Life Insurance Company of America ceded certain long-term care and individual disability business to Fortitude Reinsurance Company Ltd. on a coinsurance basis, effective as of January 1, 2025. The filing does not report financial impacts, and the full coinsurance agreement will be filed with the company's 10-Q for the quarter ended June 30, 2025.
Ceded a 100% quota share of a closed block of individual long-term care business with $3.4 billion of statutory reserves
Ceded a 100% quota share of individual disability business reinsured from Provident Life and Accident, representing approximately $120 million of in-force premium
Transaction governed by a Master Transaction Agreement dated February 26, 2025; coinsurance effective January 1, 2025
Full coinsurance agreement to be filed as an exhibit to the Form 10-Q for the period ended June 30, 2025
Unum Group reported first-quarter 2025 net income of $189.1 million ($1.06 per diluted share), down from $395.2 million ($2.04) a year earlier, mainly due to a net after-tax investment loss of $163.4 million. Adjusted operating income fell to $365.5 million ($2.04 per diluted share) from $409.9 million ($2.12), while premium income rose and the company restated its full-year 2025 outlook of 6% to 10% growth in after-tax adjusted operating income per share.
Net income was $189.1 million ($1.06 per diluted share) versus $395.2 million ($2.04) in Q1 2024.
After-tax adjusted operating income was $365.5 million ($2.04 per diluted share) versus $409.9 million ($2.12).
Total revenue was $3,091.6 million versus $3,200.3 million, with a net investment loss of $206.8 million before tax.
Full-year 2025 outlook: after-tax adjusted operating income per share up 6% to 10% versus 2024.
Unum's Unum Life Insurance Company of America subsidiary agreed on February 26, 2025 to cede $3.4 billion of long-term care statutory reserves and a 100% quota share of certain Provident Life and Accident individual disability business to Fortitude Reinsurance Company Ltd. The company expects an overall capital benefit, offset in part by a pre-tax ceding commission of approximately $430 million, and closing is expected during 2025. The filing also cites a revised 2025 EPS growth outlook of 6-10%, while the company's presentation says it expects a capital benefit of about $100 million from the transaction.
Reinsures $3.4 billion of long-term care statutory reserves, 19% of total LTC statutory reserves
Pre-tax ceding commission of approximately $430 million paid as consideration for the reinsurance
Estimated capital benefit of about $100 million per the news release
Closing expected during 2025, subject to regulatory approvals; agreement may be terminated if not closed within six months
Unum Group reported fourth-quarter 2024 net income of $348.7 million, or $1.92 per diluted share, up from $330.6 million, or $1.69, a year earlier. After-tax adjusted operating income was $368.9 million, or $2.03 per diluted share, compared with $1.79 in the fourth quarter of 2023. The company also set a 2025 outlook for after-tax adjusted operating income per share growth of 8% to 12%, which matters to shareholders because it gives a benchmark for expected earnings growth.
Q4 2024 total revenue was $3,236.6 million, up from $3,145.1 million in Q4 2023.
Full-year 2024 net income was $1,779.1 million, or $9.46 per diluted share, versus $1,283.8 million in 2023; full-year adjusted operating EPS was $8.44, up from $7.66.
2025 outlook calls for core operations premium growth of 4% to 7% and adjusted operating EPS growth of 8% to 12%.
Book value per common share was $61.38 at December 31, 2024, up from $49.91; holding company liquidity was $2.0 billion.
Unum Group reported third quarter 2024 results on October 29, 2024, with net income of $645.7 million ($3.46 per diluted share), up from $202.0 million ($1.02) a year earlier. Adjusted operating income rose to $398.0 million ($2.13 per diluted share) from $381.7 million ($1.94), and management said it remains confident in its full-year 2024 outlook. Net income was lifted by a $357.4 million before-tax net reserve decrease from annual assumption updates, so shareholders may want to weigh that item alongside the adjusted measures.
Net income of $645.7 million ($3.46 per diluted share) in Q3 2024, versus $202.0 million ($1.02) in Q3 2023
Adjusted operating income of $398.0 million ($2.13 per diluted share), versus $381.7 million ($1.94) a year earlier
Before-tax net reserve decrease of $357.4 million from annual GAAP reserve assumption updates
Full-year 2024 outlook calls for after-tax adjusted operating income per share to rise 10% to 15% versus 2023
Unum Group reported second-quarter 2024 net income of $389.5 million, or $2.05 per diluted share, compared with $392.9 million, or $1.98 per diluted share, a year earlier. The company raised its full-year 2024 after-tax adjusted operating earnings per share growth outlook to 10 percent to 15 percent from 7 percent to 9 percent, and its board authorized up to $1 billion in share repurchases beginning August 1, 2024.
Diluted EPS was $2.05 versus $1.98 a year earlier; after-tax adjusted operating income was $411.4 million ($2.16 per diluted share) versus $408.8 million ($2.06) in Q2 2023.
Total revenue was $3,233.4 million for the quarter, up from $3,112.2 million a year earlier.
Full-year 2024 after-tax adjusted operating EPS growth outlook raised to 10 percent to 15 percent, from 7 percent to 9 percent.
Board authorized repurchases of up to $1 billion of common stock from August 1, 2024; the company repurchased $179.8 million of shares in Q2 2024.
Unum Group reported first-quarter 2024 net income of $395.2 million, or $2.04 per diluted share, up from $358.3 million, or $1.80, a year earlier. The company also raised its quarterly dividend 15 percent to 42 cents per share, starting with the payment expected in the third quarter of 2024, and gave a full-year 2024 outlook of 7 to 9 percent growth in after-tax adjusted operating income per share.
Net income of $395.2 million ($2.04 per diluted share) for Q1 2024, versus $358.3 million ($1.80) in Q1 2023.
After-tax adjusted operating income of $409.9 million ($2.12 per diluted share), versus $372.6 million ($1.87) a year earlier.
Quarterly dividend increased 15 percent to 42 cents per share, effective with the dividend expected to be paid in Q3 2024.
Full-year 2024 outlook: after-tax adjusted operating income per share up 7 to 9 percent compared with full-year 2023.
Unum Group reported fourth-quarter 2023 net income of $330.6 million, or $1.69 per diluted share, up from $289.2 million, or $1.44 per diluted share, a year earlier. The company also issued a 2024 outlook calling for after-tax adjusted operating earnings per share growth of 7 percent to 9 percent and core operations premium growth of 5 percent to 7 percent. For shareholders, the filing shows higher quarterly earnings and a forward growth target, though the outlook figures are company projections.
Q4 2023 net income of $330.6 million ($1.69 per diluted share), versus $289.2 million ($1.44) in Q4 2022
Q4 2023 total revenue of $3,145.1 million, versus $3,004.8 million in Q4 2022
2024 outlook: after-tax adjusted operating EPS growth of 7 to 9 percent; core operations premium growth of 5 to 7 percent
Holding company cash of $1.7 billion at December 31, 2023; weighted average risk-based capital ratio of approximately 415 percent
Unum Group said its Executive Vice President and Chief Operating Officer, Michael Q. Simonds, notified the company on January 1, 2024, that he will resign effective February 9, 2024, to pursue another professional opportunity. The filing says his duties will initially be assumed by other company officers, and he will provide transition support until he leaves.
Michael Q. Simonds, EVP and Chief Operating Officer, resigns effective February 9, 2024
Resignation notice given to the company on January 1, 2024; reason given is another professional opportunity
Duties to initially be assumed by other officers; Simonds to provide transition support until departure
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