Unum Group: Initiation of Coverage – Expansion Of Service Capabilities 

Unum Group has reported a commendable first quarter for 2024, signaling a robust start to the year with mixed outcomes that illustrate both strengths and areas requiring attention. The company emphasized its achievement of a 13.6% increase in earnings per share, reaching a record $2.12 per share. This growth was supported by a significant $350 million in statutory earnings, alongside a 6.6% rise in core operations premium growth. Additionally, Unum Group highlighted strong capital metrics that surpassed targets, suggesting a solid financial footing.