Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Portfolio > Economy & Markets > Fixed Income

UnumProvident Reports Lower 4th Quarter Net Income

Your article was successfully shared with the contacts you provided.

NU Online News Service, Feb. 5, 5:18 p.m. – UnumProvident Corp., Chattanooga, Tenn., is reporting $94 million in net income for the fourth quarter of 2002 on $2.5 billion in revenue, compared with $124 million in net income on $2.3 billion in revenue for the fourth quarter of 2001.

Net results for the latest quarter include $93 million in investment losses, the company says.

Short-term disability insurance and individual products performed a little worse in the latest quarter than they did in the comparable quarter in 2001, but earnings for most other products were a little higher, UnumProvident says.


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.