UNM news

Unum Group reported $256.9 million in net income for Q2 2026, down from prior year, and approved $200 million in share repurchases. The insurer also reaffirmed strong operational margins and capital levels.

Unum ceded $3.8 billion in long-term care reserves to Fortitude Re as part of its closed block strategy. The transaction reduces legacy exposure and improves capital strength.

Unum Group promoted Andrew Walker to Chief Customer Operations Officer, a role he previously held. This leadership change underscores the company's focus on strengthening operational performance and customer service capabilities.

Unum Group's board authorized a 10% increase in its quarterly common stock dividend to 50.5 cents per share, effective with payments in Q3 2026. The increase reflects management confidence in the company's financial performance and provides higher returns to shareholders.