Q1 Revenue Reaches $3.36B, Exceeds Expectations
Reports Q1 revenue $3.36B, consensus $3.00B. "The first quarter marked a strong start to the year, with solid top and bottom line performance across our businesses," said Richard P. McKenney, president and chief executive officer. "Customer demand remained positive, as a strong increase in sales coupled with good retention rates drove overall premium growth. Our approach to the market continues to resonate with employers and distribution partners. Actions taken in the Closed Block in 2025 continue to result in an improving risk profile including some employers' decisions to discontinue their long-term care plans. As part of our disciplined capital deployment strategy, we returned substantial capital to shareholders, through $400 million in share repurchases and $78 million in dividends. As we look ahead, we remain confident in our resilient business model, strong capital position, and ability to deliver for our customers and shareholders."