Stocks to Consider Amynta Group is a leading insurance services provider. Following its acquisition, the stop-loss business will operate as a full-service managing general underwriter under Amynta Risk Solutions. The addition of Unum's Medical Stop Loss business will enhance Amynta Group's product portfolio and help it serve clients better with comprehensive solutions. The Zacks Consensus Estimate for PRA's 2024 and 2025 earnings suggests 371.4% and 72.6% year-over-year growth, respectively. John Doucette, ...

"We are pleased to enter into an agreement to sell our Stop Loss operations to Amynta," said Marco Forato, senior vice president and chief strategy officer at Unum Group. "This transaction places the future of the Stop Loss business in capable hands and poised for strong growth while enabling Unum to continue its focus on key enterprise priorities." Piper Sandler & Co. served as financial advisor and Faegre Drinker Biddle & Reath LLP served as legal advisor to Unum Group. Visit theUnum Group newsroomfor mor ...

J. Michael Jones Seeking Alpha In my past analysis, I assumed $0 value for Closed Block and do not expect any financial benefits to accrue from the entity. This is an important to point to emphasize because Unum has a $68.73 book value excluding unrealized security losses that sit in accumulated other comprehensive income (AOCI). Unum US has $4.8 billion of equity ex-AOCI , Unum International has $870 million, Colonial Life has $2.05 billion, and the Closed Block has $5.05 billion. The Closed Block contribu ...

Recent advancements in both operations and technology have delivered a next generation experience for brokers that license Employee Navigator, building further upon the strong relationship between the carrier and benefits administration platform. Unum Broker Connect for Employee Navigator is the culmination of a decade-long partnership resulting in a best-in-class integration and service model for brokers. Streamlined implementation: Quick, accurate case setup and enrollment using top-tier integration teams ...

Unum in Focus Unum (UNM) is headquartered in Chattanooga, and is in the Finance sector. The stock has seen a price change of 10% since the start of the year. The insurance company is currently shelling out a dividend of $0.37 per share, with a dividend yield of 2.94%. This compares to the Insurance - Accident and Health industry's yield of 2.25% and the S&P 500's yield of 1.57%. In terms of dividend growth, the company's current annualized dividend of $1.46 is up 5% from last year. Over the last 5 years, Un ...

CHATTANOOGA, Tenn., June 10, 2024 /PRNewswire/ -- Unum Group (NYSE: UNM) announced today that it has completed an offering of $400 million aggregate principal amount of senior notes due in 2054 with an annual coupon rate of 6.00 percent. The net proceeds from the sale of the senior notes are intended to be used to repay, in full, the $350 million aggregate principal amount of outstanding indebtedness under the company's senior unsecured delayed draw term loan facility, together with accrued interest and any ...

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both. Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. Zacks Premium also includes the Zacks Style Scores. What ar ...

CHATTANOOGA, Tenn., June 4, 2024 /PRNewswire/ -- Unum Group (NYSE:UNM) announced today that its debt ratings and financial strength have been upgraded by Moody's Ratings (Moody's). The company's senior unsecured debt ratings were upgraded to Baa2 from Baa3, and the financial strength ratings of its rated domestic subsidiaries were upgraded to A2 from A3. "The upgrade is a testament to our strong execution, the robust financial position we've been able to achieve in recent years and a continuation of the pos ...

All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus. Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a metric that ...

Unum Group (UNM) is poised to grow on the strength of disciplined sales trends, strong persistency, an improving rate environment, favorable risk experience and a solid capital position. It has a VGM Score of B. This helps to identify stocks with the most attractive value, growth and momentum. Earnings of this leading disability income writer have increased 9% over the last five years, outperforming the industry average of 3.8%. UNM delivered a four-quarter average earnings surprise of 3.76%. The Zacks Cons ...