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.
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