Unum Q2 FY2026 Earnings Call

Thank you. Good morning. Welcome to Unum Group's Q2 2026 Earnings Call. Please note, today's call may include forward-looking statements, and actual results may differ materially, and we are not obligated to update any of these statements. Please refer to our earnings release and our periodic filings with the SEC for a brief description of factors that could cause actual results to differ from expected results. Yesterday afternoon, we released our second quarter earnings results and financial supplement. Those…

Thank you, Matt. Good morning, everyone. Thank you for joining us. It is good to be back with you just a few weeks after the call to announce our latest transaction in our closed block. As we discussed then, the agreement to reinsure an additional $3.8 billion of long-term care reserves represents another meaningful step in our deliberate approach to reducing risk and actively managing the closed block. We will provide more detail on that later in the call, but today our focus is on the scond quarter results, H1…

Great. Thank you, Rick, and good morning, everyone. Second quarter after-tax adjusted operating income per share was $2.16, up 4.9% from prior year, while year-to-date after-tax adjusted operating EPS growth was 7.5%. As Rick noted, we continue to produce attractive returns with consolidated adjusted operating ROE of 15.9% in the quarter and 16% year-to-date, both within our outlook range. Top-line trends remain positive, supported by strong sales and persistency in our core businesses. Second quarter core earned…