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Unum UNM Colonial Life — Interest accretion

Other segment segments

Closed Block
$93.8M-3.0%
Unum US
$25.8M+5.7%
Unum International
$3.5M0.0%

Similar metrics at other companies

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GNWLife insurance — Interest accretion
$46M-8.0%
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GNWFixed annuities — Interest accretion
$0
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GNWLong- term care insurance — Interest accretion
$205M-7.2%
Globe Life logo
GLLife — Interest accrual
$347.59M+0.8%
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CRBGLife Insurance — Interest accrual
$194M-3.5%
Fidelity National Financial logo
FNFTraditional Life — Interest accrual
$12M-7.7%

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:LiabilityForFuturePolicyBenefitExpectedNetPremiumInterestIncome.

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 / 2026June 30 / 2025
Effect of actual variances from expected experience(22.8)5.9
Adjusted beginning of year balance3,828.13,799.7
Issuances309.7274.5
Interest accretion73.072.1
Net premiums collected(326.5)(319.5)
Ending balance at original discount rate3,884.33,826.8
Effect of change in discount rate assumptions(176.4)(180.1)
Balance, end of period$3,707.9$3,646.7

Item 1. Financial Statements (Unaudited):

FAQ

What is Unum's colonial life — interest accretion?
Unum (UNM) reported colonial life — interest accretion of $35.9M in Q2 2026.
How has Unum's colonial life — interest accretion changed year-over-year?
Unum's colonial life — interest accretion increased by 1.7% year-over-year, from $35.3M to $35.9M.
What is the long-term trend for Unum's colonial life — interest accretion?
Over 4 years (2021 to 2025), Unum's colonial life — interest accretion has grown at a -3.0% compound annual growth rate (CAGR), from $156.2M to $138.4M.
What does colonial life — interest accretion mean?
This represents the increase in the liability for future policy benefits due to the passage of time, calculated by applying the discount rate to the existing reserve balance. It reflects the 'unwinding' of the discount as the expected benefit payment date approaches. It is a non-cash expense that is fundamental to the time-value-of-money accounting for insurance liabilities.

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