| Business Summary | | UnumProvident
Corporation
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
Argentina.
The
Company's
principal
operating
subsidiaries
are
Unum
Life
Insurance
Company
of
America,
Provident
Life
and
Accident
Insurance
Company,
The
Paul
Revere
Life
Insurance
Company
and
Colonial
Life
&
Accident
Insurance
Company.
The
Company,
through
its
subsidiaries,
is
a
provider
of
group
and
individual
disability
insurance.
It
also
provides
a
complementary
portfolio
of
other
insurance
products,
including
long-term
care
insurance,
life
insurance,
employer-
and
employee-paid
group
benefits
and
related
services.
The
Company
is
organized
around
its
customers,
with
segments
that
reflect
its
major
market
segments:
Employee
Benefits,
Individual
and
Voluntary
Benefits. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | UnumProvident
Corp.
is
a
holding
company
whose
subsidiaries
provide
disability
and
specialty
risk
insurance,
long
term
disability
insurance,
life
and
accident
insurance,
health
insurance
and
employee
benefits
services.
For
the
six
months
ended
6/30/01,
total
revenues
fell
2%
to
$4.7
billion.
Net
income
rose
18%
to
$328.1
million.
Results
reflect
lower
net
investment
income,
offset
by
increased
deferral
and
reduced
amortization
of
policy
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| J. Harold Chandler, 51 Chairman,
Pres, CEO | $2.3M | -- | Thomas Watjen, 46 Exec.
VP-Fin. and Risk Management | 1.1M | $607K | F. Dean Copeland, 61 Exec.
VP, Legal and Admin. Affairs, Gen. Counsel | 662K | -- | Robert Greving, 49 Sr.
VP-Fin. and Chief Actuary | -- | -- | Robert Best, 51 Sr.
VP, CIO | -- | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|