Unum Group (UNM) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

I'd like to turn the call over to Matt Royal, Investor Relations. You may begin. Great, Kayla. Thank you, and good morning. Yesterday afternoon, Unum released our first quarter 2025 earnings press release and financial supplement. Those materials may be found on the Investors section of our website, along with a presentation of the most directly comparable GAAP measures and reconciliations of any non-GAAP financial measures included in today's presentations. Please note that today's call may include forward-looking statements and actual results which are subject to risks and uncertainties may differ materially, and we are not obligated to update any of these statements. Please refer to our earnings release and our periodic filings with the SEC for a description of factors that could cause actual results to differ from expected results. References made today to core operations sales and premium, including Unum International, are presented on a constant currency basis. Joining in this morning's conference call are Unum's President and CEO Rick McKinney, Chief Financial Officer Steve Zabel, Tim Arnold, who heads our Colonial Life and Voluntary Benefits lines, Chris Pine for Group Benefits, and Mark Till, CEO of Unum International. Now, let me turn the call over to Rick. Thank you, Matt. Good morning, everyone, and thank you for joining us today to discuss our first quarter results. At our Outlook meeting in January, we laid out our expectations and plans to continue our momentum. which includes our ability to maintain industry-leading margins, grow our top line at mid-single-digit levels, maintain robust capital flexibility, and actively manage the close block. Our achievements in the first quarter underscore our advancement towards these goals, particularly highlighted...