UnumProvident
Industry: Insurance (Accident & Health)

UnumProvident Corp. is the parent holding company for a group of insurance and non-insurance companies that collectively operate throughout North America and in the United Kingdom, Japan, and, to a limited extent, in certain other countries worldwide.

Business Summary
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.

Financial Summary
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.