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Unum UNM Closed Block — Commissions

Other segment segments

Unum US
$219.4M+6.7%
Colonial Life
$102.9M+5.8%
Unum International
$31M+38.4%
Corporate
$0

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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:InsuranceCommissions.

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 closed block — commissions?
Unum (UNM) reported closed block — commissions of $15.2M in Q1 2026.
How has Unum's closed block — commissions changed year-over-year?
Unum's closed block — commissions decreased by 15.1% year-over-year, from $17.9M to $15.2M.
What is the long-term trend for Unum's closed block — commissions?
Over 3 years (2022 to 2025), Unum's closed block — commissions has grown at a -4.4% compound annual growth rate (CAGR), from $75.7M to $66.1M.
What does closed block — commissions mean?
The total sales commissions paid for managing legacy insurance policies.
How do you interpret closed block — commissions?
A decrease is expected as the closed block matures and policies naturally terminate, while an unexpected increase may indicate higher-than-anticipated servicing or retention efforts.
How does closed block — commissions compare across companies?
Similar to 'Acquisition and Maintenance Expenses' or 'Policy Acquisition Costs' in legacy insurance segments at peer firms.