Ward Group recognizes Unum for financial performance



Unum has been named to the 2013 Ward’s 50 Top Performers in life and health insurance.

Ward Group – a provider of benchmarking and best practices research studies for insurance companies – annually evaluates the financial performance of all insurance companies based in the U.S. The 50 top performers are chosen based on financial performance over a five-year period, said Jeff Rieder, partner and head of Ward Group.

Companies are rated on several financial categories including:

Asset mix
Asset quality
Capital adequacy
Expense management
Investment performance
Growth rate analysis

"We look for companies that outperform the industry in everything from financial stability and revenue growth to underwriting results and financial return," Rieder said. "Ward Group's research consistently finds top performing companies operate with fewer resources without deteriorating the customer experience or financial stability of the company."

CEO Tom Watjen said earlier this year that the company's disciplined financial approach is what allows the company to maintain profitability and a strong capital position, "allowing us to continue to create value for shareholders."

Other companies named to this year's list include Aetna, AFLAC and Cigna. Click here for a complete list of this year's winners and to read more about Ward Group.