Unum reports higher income; beats expectations
After-tax operating income, which excludes net after-tax realized investment gains and losses on the Unum's investment portfolio, was
Earnings in the quarter were
Unum reported net income of
Unum Chief Executive
"Our disciplined approach is yielding steady growth, strong financial performance, and value creation for our shareholders," he said in a statement after the close of the markets.
Unum stock closed Wednesday on the
The company's expectation for after-tax operating income growth per share for full-year 2017 is at-to slightly above the upper end of its range of 5-8 percent established in the second quarter.
Unum US reported operating income of
Net investment income for the segment declined 3 percent to
Within the Unum US operating segment, the group disability line of business reported a 5.4 percent increase in operating income to
The company's Unum
Unum's Colonial Life division reported a 3.4 percent increase in operating income to
The Closed Block segment reported operating income of
The Corporate segment reported an operating loss of
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