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Unum UNM Policy loans

Policy loans at other companies

MetLife logo
MetLifeMET
$8.46B-2.4%
Globe Life logo
Globe LifeGL
$749.11M+5.8%

Other financials

Income statement

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Revenue$3.4B+8.5%
Operating income$501.8M+2.4%
Net income$232.0M+22.7%
EPS (diluted)$1.41+33.0%

Balance sheet

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Cash & equivalents$192.6M-19.0%
Total debt$3.8B+0.5%
Total equity$10.9B-2.9%
Total assets$62.7B+0.4%

Cash flow

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Operating cash flow$340.8M-3.6%
CapEx$39.6M+10.6%
Free cash flow$301.2M-5.2%

Valuation

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Market cap$14.38B-17.0%
Enterprise value$17.95B-13.3%
P/E18.4×+7.4×
P/S1.1×-0.3×

Profitability

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Net margin5.9%-6.5pp
FCF margin11.2%+1.4pp

Returns & leverage

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Return on equity7.1%-7.6pp
Debt / equity0.3×0.0×

Where this comes from

Reported directly by Unum in its filing.

Tagged under the XBRL concept us-gaap:LoansInsurancePolicy.

The official record: Unum’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Unum's policy loans?
Unum (UNM) reported policy loans of $3.7B in Q1 2026.
How has Unum's policy loans changed year-over-year?
Unum's policy loans increased by 1.8% year-over-year, from $3.64B to $3.7B.
What is the long-term trend for Unum's policy loans?
Over 5 years (2020 to 2025), Unum's policy loans has grown at a -0.1% compound annual growth rate (CAGR), from $3.68B to $3.67B.
What does policy loans mean?
Loans issued to policyholders against the cash value of their life insurance policies.
How do you interpret policy loans?
An increase may indicate higher policyholder demand for liquidity, while a decrease suggests lower utilization of policy cash values.
How does policy loans compare across companies?
Standard for life insurance companies with permanent insurance products.