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Unum UNM Closed Block — Unearned Premiums

Other segment segments

Unum International
$201.5M+21.8%
Unum US
$48.7M-5.8%
Colonial Life
$46.9M+3.3%

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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:SupplementaryInsuranceInformationUnearnedPremiums.

The source filing: Unum’s 10-K, filed February 17, 2026.

Filed
Feb 17, 2026, 4:30 PM EST
Fiscal year
FY2025
Accession
0000005513-26-000008

| Unum US | $1,208.7 | $8,493.4 | $665.7 | $48.7 | | Unum International | 72.1 | 2,404.3 | — | 201.5 | | Colonial Life | 1,639.5 | 2,032.0 | 858.9 | 46.9 | | Closed Block | — | 25,087.3 | 4,111.8 | 115.7 | | Total | $2,920.3 | $38,017.0 | $5,636.4 | $412.8 | | December 31, 2024 | | | | | | Unum US | $1,260.6 | $8,669.7 | $675.7 | $51.7 | | Unum International | 53.0 | 2,163.0 | — | 165.5 | | Colonial Life | 1,529.2 | 1,904.2 | 862.5 | 45.4 | | Closed Block | — | 24,069.5 | 4,095.5 | 121.4 |

ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES

FAQ

What is Unum's closed block — unearned premiums?
Unum (UNM) reported closed block — unearned premiums of $115.7M in Q4 2025.
How has Unum's closed block — unearned premiums changed year-over-year?
Unum's closed block — unearned premiums decreased by 4.7% year-over-year, from $121.4M to $115.7M.
What does closed block — unearned premiums mean?
The portion of premiums collected that relates to the unexpired period of an insurance policy. In a closed block, this represents the liability for coverage that has been paid for by the policyholder but not yet provided by the insurer. It is a standard measure of the company's short-term obligation to provide coverage.

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