UnumProvident
Industry: Accident & Health Insurance
Fortune Rank: 235
UnumProvident Corp. is a holding company whose subsidiaries provide risk insurance, long-term disability insurance, life & accident insurance & health insurance. For the 6 months ended 6/30/05, revenues rose 2% to $5.23B. Net income from continuing operations totaled $323.5M, vs. a loss of $494.3M. Revenues reflect the presence of realized investment gain. Net income reflects the absence of impairment of intangible assets charges.
UnumProvident Corporation is a provider of group and individual income-protection insurance products in North America and the United Kingdom It also offers other insurance products, including long-term care insurance, life insurance, employer and employee-paid group benefits, and related services. Its principal subsidiaries in the United States are Unum Life Insurance Company of America, Provident Life and Accident Insurance Company (Accident), The Paul Revere Life Insurance Company and Colonial Life & Accident Insurance Company, and in the United Kingdom, Unum Limited. The Company's operating segments are Income Protection, Life and Accident, Colonial, Individual Income Protection-Closed Block and Other. During the year ended December 31, 2004, the Company sold its Japanese operation, Unum Japan Accident Insurance Co., Ltd., and it also sold the Canadian branch operation of Accident. During 2004, it acquired Integrated Benefits Management, a provider of case-management services.
UnumProvident
UnumProvident is a Fortune 500 company. In 2010 UnumProvident was ranked number 235 on the Fortune 500 list, making it the 235th largest company in the United States when judged by revenue.
UnumProvident achieved revenue of $10,091.00 million in 2010 and earned a profit of $852.60 million.
UnumProvident' rank improves
The company ranking improved in 2010, moving up the Fortune 500 list to 235th compared to 270th in 2009. This was based on its 2009 revenue of $9,982 million (a change of 1 million compared to 2010) and profits of $553 million (a change of $300 million compared to 2009).
Another point of view
To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then UnumProvident would be ranked 154th rather than 235th due to its profits of $853 in 2010.
| UnumProvident | Revenue* | Profit* | Fortune Ranking |
|---|---|---|---|
| 2010 | 10,091 | 853 | 235 |
| 2009 | 9,982 | 553 | 270 |
| 2008 | 10,567 | 679 | 251 |
| 2007 | 10,719 | 411 | 236 |
| 2006 | 10,437 | 514 | 229 |
* US$ Million
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Address
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UnumProvident
1 Fountain Square
Chattanooga
TN
37402
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UnumProvident
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Contact Details
- Phone: 423-755-1011
- Fax: 207-770-4455
- Website: www.unumprovident.com/
- Stock Symbol: UNM
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