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Unum Group (UNM) SEC Filing 10-K Annual report for the fiscal year ending Thursday, December 31, 2015

Unum Group

CIK: 5513 Ticker: UNM
 
Exhibit 99.1
 
1 Fountain Square
 
Chattanooga, TN 37402
 
www.unum.com

 
FOR IMMEDIATE RELEASE
 
 
 
 
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Unum Group Reports Fourth Quarter 2015 Results

CHATTANOOGA, Tenn. (February 2, 2016) - Unum Group (NYSE: UNM) today reported net income of $226.1 million ($0.93 per common share) for the fourth quarter of 2015, compared to a net loss of $282.2 million ($1.12 per common share) for the fourth quarter of 2014.
After-tax operating income, which excludes after-tax realized investment gains and losses on the Company’s investment portfolio, the amortization of prior period actuarial losses on the Company’s pension plans, and certain other specified items for 2014, was $230.6 million ($0.95 per common share) in the fourth quarter of 2015, compared to $225.7 million ($0.89 per common share) in the fourth quarter of 2014. The combined impact of the amounts excluded for the fourth quarter of 2015 resulted in a net after-tax loss of $4.5 million ($0.02 per common share). The combined impact of the amounts excluded for the fourth quarter of 2014 resulted in a net after-tax loss of $507.9 million ($2.01 per common share) and include a reserve charge in the long-term care closed block, a net realized investment loss, the amortization of prior period actuarial losses on the Company’s pension plans, and a settlement loss from a pension plan amendment.
“Our fourth quarter results were strong, capping off a very good year for our Company. 2015 was a year where we experienced favorable growth trends in our core business lines and stable benefits experience, which combine to drive strong profitability and capital generation,” said Richard P. McKenney, president and chief executive officer.  “As we move into 2016 we remain strategically well-positioned in our markets with strong operating performance trends and excellent financial flexibility, despite the on-going macro-environment challenges.”

UNUM IS A REGISTERED TRADEMARK AND MARKETING BRAND OF UNUM GROUP AND ITS INSURING SUBSIDIARIES.
 

The following information was filed by Unum Group (UNM) on Tuesday, February 2, 2016 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Inside Unum Group's 10-K Annual Report:

Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Document And Entity Information
Parent Company Balance Sheet (detail)
Parent Company Balance Sheet (parenthetical) (detail)
Parent Company Cash Flow Statement (detail)
Parent Company Debt Schedule (detail)
Parent Company Notes - Additional Details (detail)
Parent Company Statement Of Income (detail)
Schedule I - Summary Of Investments, Other Than Investments In Related Parties Schedule I - Summary Of Investments, Other Than Investments In Related Parties
Schedule I - Summary Of Investments, Other Than Investments In Related Parties Schedule I - Summary Of Investments, Other Than Investments In Related Parties (details)
Schedule Ii Condensed Finacial Information Of Registrant
Schedule Ii Condensed Financial Information Of Registrant (tables)
Schedule Iii Supplementary Insurance Information
Schedule Iii Supplementary Insurance Information (detail)
Schedule Iv Reinsurance
Schedule Iv Reinsurance (detail)
Schedule V Valuation And Qualifying Accounts
Schedule V Valuation And Qualifying Accounts (detail)
Consolidated Balance Sheets
Consolidated Balance Sheets (parenthetical)
Consolidated Statements Of Cash Flows
Consolidated Statements Of Comprehensive Income
Consolidated Statements Of Comprehensive Income (parenthetical)
Consolidated Statements Of Income
Consolidated Statements Of Stockholders' Equity
Consolidated Statements Of Stockholders' Equity (parenthetical)
Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income (tables)
Activity In Allowance For Credit Losses (detail)
Amortized Cost And Fair Values Of Securities By Security Type (detail)
Assets By Segment (detail)
Basic And Diluted Earnings Per Share (detail)
Carrying Amount And Fair Value Of Financial Instruments (detail)
Changes In Assets And Liabilities Measured At Fair Value On A Recurring Basis Using Significant Unobservable Inputs (level 3) (detail)
Commitments And Contingent Liabilities
Commitments And Contingent Liabilities - Additional Information (detail)
Debt
Debt (tables)
Debt - Additional Information Domain (detail)
Debt Schedule (detail)
Derivative Financial Instruments
Derivative Financial Instruments (tables)
Derivative Financial Instruments - Additional Information (detail)
Distribution Of The Maturity Dates For Fixed Maturity Securities (detail)
Employee Benefit Plans
Employee Benefit Plans (tables)
Employee Benefit Plans - Additional Information (detail)
Employee Benefit Plans Amounts Recognized In Balance Sheet (details)
Employee Benefit Plans Amounts Recognized In Other Comprehensive Income (details)
Employee Benefit Plans Change In Projected Benefit Obligation Amount (details)
Employee Benefit Plans Expected Benefit Payments (details)
Employee Benefit Plans Measurement Assumptions (details)
Employee Benefit Plans Net Periodic Benefit Cost (detail)
Employee Benefit Plans Opeb Changes In Assets Measured At Fair Value Using Signficant Unobservable Inputs (details)
Employee Benefit Plans Opeb Plan Assets, Fair Value Measurements By Input Level (details)
Employee Benefit Plans Uk Pension Assets, Fair Value Measurement By Input Level (details)
Employee Benefit Plans Us Changes In Assets Measured At Fair Value Using Significant Unobservable Inputs (details)
Employee Benefit Plans Us Pension Assets, Fair Value Inputs (details)
Fair Value Measurements By Input Level (detail)
Fair Value Of Cash Settled Awards (details)
Fair Value Of Financial Instruments Additional Information (detail)
Fair Values Of Financial Instruments
Fair Values Of Financial Instruments (tables)
Gains And Losses On Derivatives Not Designated As Hedging Instruments (detail)
Income Tax
Income Tax (tables)
Income Tax Additional Information (detail)
Income Tax Expense (benefit) (detail)
Intrinsic Value Of Options Exercised And Fair Value Of Options Vested (details)
Investments
Investments (tables)
Investments - Additional Information (detail)
Investments Investment Income (detail)
Investments Low Income Housing Tax Credits (details)
Investments Offsetting For Derivatives And Securities Lending Balances (details)
Investments Remaining Contractual Maturity Of Security Lending Agreements (details)
Investments Troubled Debt Restructurings On Financing Receivables (details)
Length Of Time Fixed Maturity Securities Had Been In A Gross Unrealized Loss Position (detail)
Liability For Unpaid Claims
Liability For Unpaid Claims (tables)
Liability For Unpaid Claims - Additional Information (detail)
Liability For Unpaid Claims And Claims Adjustment Expense (detail)
Location And Fair Values Of Derivative Financial Instruments (detail)
Location Of Gains And Losses On Derivative Instruments Designated As Cash Flow Hedging Instruments (detail)
Mortgage Loans By Property Type And Geographic Region (detail)
Mortgage Loans, Sorted By Applicable Credit Quality Indicators (detail)
Notional Amounts For Each Category Of Derivative Activity (detail)
Premium Income By Major Line Of Business Within Each Segment (detail)
Quantitative Information Regarding Significant Unobservable Inputs (details)
Realized Investment Gains And Losses Reported In Consolidated Statements Of Income (detail)
Reconciliation Of Income Tax Computed At Us Federal Tax Rates (detail)
Reconciliation Of Operating Revenue And Operating Income By Segment To Total Revenue And Income Before Income Tax (detail)
Reconciliation Of Policy And Contract Benefits And Reserves For Future Policy And Contract Benefits (detail)
Reinsurance
Reinsurance (tables)
Reinsurance - Additional Information (detail)
Reinsurance - Premium Income Data (detail)
Schedule Of Accumulated Other Comprehensive Income (details)
Schedule Of Components Of Unrealized Gain (loss) On Securities (details)
Schedule Of Deferred Income Tax Assets And Liabilities (detail)
Schedule Of Income Subject To Domestic And Foreign Taxation (detail)
Schedule Of Reclassifications Out Of Accumulated Other Comprehensive Income (details)
Schedule Of Unaudited Quarterly Results (detail)
Segment Information
Segment Information (tables)
Segment Information Deferred Acquisition Costs By Segment (details)
Segment Information Segments - Additional Information (detail)
Selected Operating Statement Data By Segment (detail)
Signficant Accounting Policies (policies)
Significant Accounting Policies
Significant Accounting Policies (tables)
Significant Accounting Policies - Additional Information (detail)
Significant Accounting Policies Schedule Of New Accounting Pronouncements (details)
Statutory Financial Information
Statutory Financial Information (detail)
Statutory Financial Information (tables)
Statutory Financial Information - Additional Details (detail)
Stock Option Activity (detail)
Stock-based Compensation
Stock-based Compensation (tables)
Stock-based Compensation - Activity For Psus Classified As Equity (details)
Stock-based Compensation - Additional Information (detail)
Stock-based Compensation - Cash Settled Awards Classified As Liability (details)
Stock-based Compensation - Nonvested Stock Awards Classified In Equity (detail)
Stock-based Compensation - Valuation Assumptions On Psu Grants (details)
Stock-based Compensation Expense (detail)
Stockholders' Equity And Earnings Per Common Share
Stockholders' Equity And Earnings Per Common Share (tables)
Stockholders' Equity And Earnings Per Common Share - Additional Information (detail)
Transfers Of Assets Between Level 1 And Level 2 (detail)
Treasury Stock Transactions (details)
Unaudited Quarterly Results
Unaudited Quarterly Results (tables)
Unaudited Quarterly Results - Additional Information (detail)
Unrecognized Tax Benefits (detail)
Valuation Assumptions On Stock Option Grants (details)
Ticker: UNM
CIK: 5513
Form Type: 10-K Annual Report
Accession Number: 0000005513-16-000045
Submitted to the SEC: Wed Feb 24 2016 3:57:41 PM EST
Accepted by the SEC: Wed Feb 24 2016
Period: Thursday, December 31, 2015
Industry: Accident And Health Insurance

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