U.S. disability insurance claims are looking better at Unum Group Inc., but low interest rates continue to hurt investment returns.

Unum executives gave that assessment in a look at fourth-quarter earnings.

The company — which has major disability insurance operations in the United Kingdom, and major voluntary benefits and group life businesses in the United States as well as a large U.S. group disability business — is reporting $221 million in net income for the quarter on $2.6 billion in revenue, compared with $234 million in net income on $2.7 billion in revenue for the fourth quarter of 2012.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Allison Bell

Allison Bell, a senior reporter at ThinkAdvisor and BenefitsPRO, previously was an associate editor at National Underwriter Life & Health. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached through X at @Think_Allison.