Unum Group (UNM)
Unum Group operates in the Insurance - Life industry of the Financial Services sector, headquartered in Chattanooga, TN, US. The stock last traded at $95.85, down 0.75% on the session, giving a market capitalisation of $15.17B. On trailing twelve-month figures it carries a trailing P/E of 22.34, a net margin of 5.3%. Its beta of 0.26 implies it has historically moved less than the broad market.
Unum Group, along with its various subsidiaries, specializes in delivering financial protection benefits, primarily operating across the United States, the United Kingdom, and Poland. The company's operations are organized into distinct segments: Unum US, Unum International, Colonial Life, and the Closed Block. Its extensive product portfolio encompasses group coverage, including long-term and short-term disability, life insurance, and accidental death and dismemberment. Additionally, Unum provides a range of supplemental and voluntary offerings like individual disability, various voluntary benefits, and dental and vision plans. Further offerings include policies addressing accidents, sickness, general disability, life coverage, cancer, and critical illness. Beyond these, Unum's services extend to group pension plans, individual life insurance, corporate-owned life insurance (COLI), and the management of reinsurance pools. Its primary clientele consists of employers, who procure these solutions to benefit their workforce. Distribution is handled via a diverse network comprising in-house field sales teams, independent brokers, consultants, and an independent contractor agency sales force. Established in 1848, Unum Group maintains its headquarters in Chattanooga, Tennessee.
Unum Group is most often compared with the following Financial Services names: