Filed Under:Health Insurance, Disability

Unum Reports Mixed Disability Results

Federal Reserve Board Chairman Ben Bernanke (AP Photo/Dennis Cook)
Federal Reserve Board Chairman Ben Bernanke (AP Photo/Dennis Cook)

Unum Group Corp. (NYSE:UNM) made a profit during the second quarter, but a smaller profit than it earned during the second quarter of 2011.

Other insurers in the U.S. disability insurance market have been reporting a wide range of results today and Wednesday.

The Federal Reserve Board continues to do what it can to hold interest rates to unusually low levels in an effort to encourage home buyers, companies and others to borrow money and to help lower the costs of borrowers who have taken out variable-rate loans.

Insurers typically invest much more heavily in corporate notes and other fixed-income securities that pay higher rates than bills, notes and bonds issued by the U.S. government pay.

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Nichole Morford

Nichole Morford
Managing Editor

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