Unum Group Reports Solid Q2 2025 Financials

Unum Group ( (UNM) ) has released its Q2 earnings. Here is a breakdown of the information Unum Group presented to its investors.

Unum Group, a leading provider of workplace benefits and services, operates in the insurance sector offering products such as disability, life, accident, and critical illness insurance. The company is recognized for its ethical business practices and has a strong presence in the international market through its Unum and Colonial Life brands.

In the second quarter of 2025, Unum Group reported a net income of $335.6 million, with an after-tax adjusted operating income of $361.1 million. The company saw a premium growth of 4.6% on a constant currency basis and revised its full-year 2025 after-tax adjusted operating income per share outlook to approximately $8.50. A significant milestone was achieved with the closure of a long-term care reinsurance transaction, aimed at reducing exposure to the closed block.

Key financial metrics revealed a strong balance sheet, with holding company liquidity at $2.0 billion and a risk-based capital ratio of approximately 485%. The company repurchased $300 million of shares in the quarter, bringing the year-to-date total to $500 million, and adjusted its full-year share repurchase expectation to the top end of its outlook range of $500 million to $1.0 billion. Despite a decrease in net income compared to the previous year, Unum Group maintained solid core operations with notable premium growth in its capital-efficient, high-return businesses.

Looking ahead, Unum Group remains confident in its resilient business model and strong capital position. The company plans to continue focusing on executing its growth strategy, risk management, and capital deployment priorities, while maintaining its commitment to returning capital to shareholders through dividends and share repurchases.