---
schema_version: "secwatch.filing_event.v1"
accession: "0000005513-23-000122"
form_type: "8-K"
ticker: "UNM"
cik: "0000005513"
company_name: "Unum Group"
filed_at: "2023-05-02T23:59:59+00:00"
generated_at: "2026-06-16T04:04:15.779738+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Unum Group Q1 net income $358.3M ($1.80 EPS); raises FY2023 outlook to 20-25% growth

## Summary
- Net income $358.3M ($1.80 diluted EPS); after-tax adjusted operating income $372.6M ($1.87), up from $271.4M ($1.33) YoY.
- FY2023 adjusted EPS outlook raised to +20-25% (prior +8-12%), or +10-15% on consistent ASU basis.
- Unum US segment adjusted operating income jumped 85.7% to $312.5M, driven by group disability (benefit ratio 60% vs 74%).
- Core operations sales up 18.9%; premium up ~4% constant currency; holding company liquidity $1.34B.
- Book value per share $46.85 (+37.3% YoY); book ex-AOCI $62.88 (+12.1%); repurchased 1.3M shares for $53.6M.

## SEC filing metadata
- accession: 0000005513-23-000122
- form_type: 8-K
- ticker: UNM
- cik: 0000005513
- company_name: Unum Group
- filed_at: 2023-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/5513/000000551323000122/0000005513-23-000122-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/5513/000000551323000122/unm-20230502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000005513-23-000122
- JSON: https://secwatch.observer/filing/0000005513-23-000122.json
- Plain text: https://secwatch.observer/filing/0000005513-23-000122.txt

## Key facts
- Earnings Releases
  Unum Group reported the first quarter of 2023 results: net income $358.3 million ($1.80 per diluted common share), EPS $1.80 per diluted common share. Guidance raised.
  - Period: the first quarter of 2023
  - Net income: $358.3 million ($1.80 per diluted common share)
  - EPS: $1.80 per diluted common share
  - Guidance: raised
  - Result: reported results
  source text: Unum Group Reports First Quarter 2023 Results • Net income of $358.3 million ($1.80 per diluted common share) for the first quarter of 2023; after-tax adjusted operating income was $372.6 million ($1.87 per diluted common share). • Full-year 2023 outlook increased following strong first quarter and underlying trends; Previous outlook of an increase in after-tax adjusted operating income per share of 8 percent to 12 percent increased to 20 percent to 25 percent when comparing to historically reported 2022 results, or an increase of 10 percent to 15 percent on a consistent basis under ASU 2018-12.
  evidence_url: https://www.sec.gov/Archives/edgar/data/5513/000000551323000122/0000005513-23-000122-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
