CHATTANOOGA, Tenn.–(BUSINESS WIRE)– Unum Group (NYSE: UNM) today reported net income of $229.9 million ($1.00 per diluted common share) for the first quarter of 2017, compared to net income of $210.6 million ($0.88 per diluted common share) for the first quarter of 2016.
Net income includes net after-tax realized investment gains and losses on the Company’s investment portfolio and also, in the first quarter of 2017, a loss from a guaranty fund assessment related to an unaffiliated insurer that was declared insolvent of $20.6 million before tax and $13.4 million after tax ($0.06 per diluted common share). The net after-tax realized investment gain was $7.2 million ($0.04 per diluted common sh…
Read the full article at: https://www.twst.com/update/unum-group-unum-group-reports-first-quarter-2017-results/
