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Unum UNM Policyholder account balances

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Segments

By segment

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Closed Block$4.09B
Colonial Life$854.6M-0.5%
Unum US$656.4M

By product

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Other Insurance Product Line$4.09B-0.3%
Voluntary Benefits$656.4M-2.2%

Other financials

Income statement

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Revenue$3.4B+0.3%
Operating income$501.8M+2.4%
Net income$256.9M-23.5%
EPS (diluted)$1.61-16.1%

Balance sheet

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Cash & equivalents$199.2M-83.3%
Total debt$3.8B+0.5%
Total equity$10.8B-4.5%
Total assets$63.5B+1.0%

Cash flow

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Operating cash flow$503.5M+44.7%
CapEx$29.2M+4.7%
Free cash flow$474.3M+48.2%

Valuation

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Market cap$14.1B+17.5%
Enterprise value$17.67B+21.4%
P/E20.1×+12.2×
P/S1.1×+0.1×

Profitability

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Net margin5.3%-6.5pp
FCF margin11.2%+1.4pp

Returns & leverage

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Return on equity6.4%-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:PolicyholderFunds.

The source filing: Unum’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 4:25 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000005513-26-000075
Line itemJune 30 / 2026December 31 / 2025
Liabilities and Stockholders' Equity
Liabilities
Future Policy Benefits$37,610.7$38,017.0
Policyholders' Account Balances5,980.55,636.4
Unearned Premiums572.0412.8
Other Policyholders’ Funds1,469.51,479.7
Income Tax Payable101.852.2
Deferred Income Tax37.438.8

Item 1. Financial Statements (Unaudited):

FAQ

What is Unum's policyholder account balances?
Unum (UNM) reported policyholder account balances of $5.98B in Q2 2026.
How has Unum's policyholder account balances changed year-over-year?
Unum's policyholder account balances increased by 6.2% year-over-year, from $5.63B to $5.98B.
What is the long-term trend for Unum's policyholder account balances?
Over 3 years (2022 to 2025), Unum's policyholder account balances has grown at a -0.6% compound annual growth rate (CAGR), from $5.74B to $5.64B.
What does policyholder account balances mean?
These balances represent the accumulated value of funds held on behalf of policyholders, typically associated with universal life insurance or annuity products. Unlike traditional reserves, these balances fluctuate based on interest credited and policyholder withdrawals. They represent a liability that the company must manage through its investment portfolio.

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