Unum 2006 Annual Report Download - page 34

16
such as undue market concentration. Any future transactions that would constitute a change in control of the
Company may require prior notification in those states that have adopted pre-notification laws.
These laws may discourage potential acquisition proposals and may delay, deter, or prevent a change in control of
the Company, including through transactions, and in particular unsolicited transactions, that some or all of the
stockholders of the Company might consider to be desirable.
In addition, such laws and regulations restrict the amount of dividends that may be paid by our insurance
subsidiaries to their respective shareholders, including the Company. See further discussion in “Risk Factors –
Dividend Restrictions” contained herein in Item 1A and “Liquidity and Capital Resources – Cash Available from
Subsidiaries” contained herein in Item 7.
Our Company may also from time to time be subject to regulation under applicable regulations and reporting
requirements in the foreign jurisdictions in which it or its affiliates do business or have done business, including the
United Kingdom, Canada, Bermuda, and Argentina.
Federal Laws and Regulations
The USA PATRIOT Act of 2001 (Patriot Act), enacted in response to the terrorist attack on September 11, 2001,
contains anti-money laundering and financial transparency laws and mandates the implementation of various new
regulations applicable to broker-dealers and other financial services companies, including insurance companies. The
Patriot Act seeks to promote cooperation among financial institutions, regulators and law enforcement entities in
identifying parties that may be involved in terrorism or money laundering. Anti-money laundering laws outside of
the United States contain some similar provisions. The increased obligations of financial institutions to identify
their customers, watch for and report suspicious transactions, respond to requests for information by regulatory
authorities and law enforcement agencies, and share information with other financial institutions, require the
implementation and maintenance of internal practices, procedures, and controls.
For further discussion of regulation, refer to “Risk Factors – Regulation” contained herein in Item 1A.
Geographic Areas
Segment operating revenue, which excludes net realized investment gains and losses, attributable to the Unum UK
segment, our United Kingdom subsidiary, totaled $1,017.5 million, $945.6 million, and $801.8 million for 2006,
2005, and 2004, respectively. Unum UK’s operating revenue in 2006 equaled approximately 9.7 percent of total
segment operating revenue. Total assets and total liabilities, as of December 31, 2006, were $3.9 billion and $2.9
billion, respectively, for Unum UK. Fluctuations in the U.S. dollar relative to the local currency of this subsidiary
will impact our reported operating results. See “Management’s Discussion and Analysis of Financial Condition and
Results of Operations” contained herein in Item 7 and Note 14 of the “Notes to Consolidated Financial Statements”
contained herein in Item 8 for further discussion of Unum UK’s operating results.
Employees
At December 31, 2006, we had approximately 11,100 full-time employees, including approximately 1,600 at
GENEX, the sale of which we expect to close during the first quarter of 2007.
Available Information
Our internet website address is www.unum.com. We make available, free of charge, on or through our website our
Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and amendments to
those reports filed or furnished pursuant to Section 13(a) or 15(d) of the Exchange Act as soon as reasonably
practicable after filing such material with the Securities and Exchange Commission.