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Unum Group

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Unum’s premiums continue to grow in core businesses with better margins and stable benefits experience. Acquisitions have also been additional support. The buyout of Starmount Life Insurance Company gave the company access to growth opportunities in the dental market, which is in sync with its strategy to focus more on the employee benefits business. Sustained favorable performance drives solid capital generation and strong financial flexibility aiding active capital deployment. Notably, the Zacks Consensus Estimate has witnessed upward estimate revisions, for both 2016 and 2017, over the last 60 days. However, exposure to low interest rate environment remains the key headwind affecting Unum UK results. Also, performances at the Closed Block and Corporate segment have been disappointing over the past few quarters on lower premium stemming from expected policy terminations and maturities.

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