CHATTANOOGA, Tenn. (AP) — Unum Group, a provider of disability, life and accidental death insurance, said profit in the second quarter increased nearly 10 percent mostly due to lower investment losses than a year ago.
The Chattanooga, Tenn.-based company posted net income of $229.8 million, or 75 cents per share, compared with $209.7 million, or 63 cents per share, a year ago.
Operating revenue edged up to $2.57 billion from $2.54 billion a year ago.
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