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Unum UNM Closed Block — Issuances
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Where this comes from
Reported directly by Unum in its filing.
Tagged under the XBRL concept us-gaap:LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitIssuance.
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 item | Long-term Care | All Other | Total Closed Block |
|---|---|---|---|
| Effect of changes in cash flow assumptions | — | — | — |
| Effect of actual variances from expected experience | (52.8) | (11.2) | (64.0) |
| Adjusted beginning of year balance | 24,060.8 | 7,045.0 | 31,105.8 |
| Issuances1 | — | 42.2 | 42.2 |
| Interest accretion | 629.7 | 153.7 | 783.4 |
| Benefit payments | (591.4) | (425.6) | (1,017.0) |
| Ending balance at original discount rate | 24,099.1 | 6,815.3 | 30,914.4 |
| Effect of change in discount rate assumptions | (2.0) | (355.6) | (357.6) |
Item 1. Financial Statements (Unaudited):
FAQ
- What is Unum's closed block — issuances?
- Unum (UNM) reported closed block — issuances of $19.3M in Q2 2026.
- How has Unum's closed block — issuances changed year-over-year?
- Unum's closed block — issuances decreased by 13.8% year-over-year, from $22.4M to $19.3M.
- What is the long-term trend for Unum's closed block — issuances?
- Over 4 years (2021 to 2025), Unum's closed block — issuances has grown at a -20.1% compound annual growth rate (CAGR), from $197.3M to $80.4M.
- What does closed block — issuances mean?
- Represents the value of new insurance policy liabilities recognized during the period for a closed block of business. This metric reflects the initial actuarial estimation of future obligations for policies that are no longer actively marketed. It is a key indicator of the ongoing reserve requirements for legacy insurance portfolios.
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