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Unum UNM Closed Block — Expected future gross premiums

Other segment segments

Colonial Life
$13.46B+4.5%
Unum US
$12.75B+4.9%
Unum International
$1.64B+5.1%

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FNFTraditional Life — Expected future gross premiums
$601M-10.4%

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:LiabilityForFuturePolicyBenefitExpectedFutureGrossPremiumUndiscountedBeforeReinsurance.

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 itemLong-term CareAll OtherTotal Closed Block
Amount of undiscounted:
Expected future benefit payments$57,891.4$9,854.3$67,745.7
Expected future gross premiums$11,848.3$11,848.3
Amount of discounted (at interest accretion rate):
Expected future gross premiums$7,295.0$7,295.0
Weighted average interest rate:
Interest accretion rate5.6%4.6%5.3%
Current discount rate5.6%5.3%5.5%

Item 1. Financial Statements (Unaudited):

FAQ

What is Unum's closed block — expected future gross premiums?
Unum (UNM) reported closed block — expected future gross premiums of $11.85B in Q2 2026.
How has Unum's closed block — expected future gross premiums changed year-over-year?
Unum's closed block — expected future gross premiums decreased by 10.3% year-over-year, from $13.22B to $11.85B.
What is the long-term trend for Unum's closed block — expected future gross premiums?
Over 3 years (2022 to 2025), Unum's closed block — expected future gross premiums has grown at a 0.5% compound annual growth rate (CAGR), from $51.24B to $52.06B.
What does closed block — expected future gross premiums mean?
The actuarial projection of total future premium income expected to be received from the remaining policies in the closed block. This metric is used to offset future benefit payments when calculating net liabilities. It provides insight into the expected revenue tail of the legacy business.

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