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Unum(UNM) - 2025 Q2 - Earnings Call Presentation

Financial Performance - Premium income for Unum Group reached $2,748 million for the three months ended June 30, 2025, a 4.6% increase compared to $2,6272 million for the same period in 2024[5] - Adjusted operating revenue for Unum Group was $3,3791 million for the three months ended June 30, 2025, up 42% from $3,2438 million in 2024[5] - Net income for Unum Group was $3356 million for the three months ended June 30, 2025, a 138% decrease compared to $3895 million for the same period in 2024[5] - For the six months ended June 30, 2025, Unum Group's net income was $5247 million, a 331% decrease from $7847 million in 2024[5] Sales Data - Unum US segment total sales decreased by 162% to $2624 million for the three months ended June 30, 2025, compared to $3132 million in 2024[13] - Unum International segment total sales increased by 11% to $65 million for the three months ended June 30, 2025, compared to $643 million in 2024[15] - Colonial Life segment total sales increased by 29% to $1265 million for the three months ended June 30, 2025, compared to $1229 million in 2024[16] Capital Metrics - Total stockholders' equity for Unum Group was $11,320 million as of June 30, 2025, compared to $10,9611 million as of December 31, 2024[5,6] - The leverage ratio for Unum Group was 23% as of June 30, 2025, compared to 229% as of December 31, 2024[6] - Holding company liquidity was $1,956 million as of June 30, 2025, compared to $1,987 million as of December 31, 2024[6] Investments - Fixed maturity securities at fair value were $35,966 million as of June 30, 2025, compared to $35,6299 million as of December 31, 2024[19] - The earned book yield on fixed maturity securities was 447% as of June 30, 2025, compared to 444% as of December 31, 2024[55]