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Unum UNM Colonial Life — Reserves for Future Policy Contract Benefits

Other segment segments

Closed Block
$25.09B+4.2%
Unum US
$8.49B-2.0%
Unum International
$2.4B+11.2%

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$24.4B+8.4%
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JXNClosed Life and Annuity Blocks — Reserves for Future Policy Benefits and Claims Payable
$9.4B-2.7%
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JXNInstitutional Products — Reserves for Future Policy Benefits and Claims Payable
$0
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JXNRetail Annuities — Reserves for Future Policy Benefits and Claims Payable
$1.5B+6.2%
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PRUIndividual Life — Future Policy Benefits, Losses, Claims Expenses
$28.35B+6.8%

Other financials

Income statement

See full
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

See full
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:SupplementaryInsuranceInformationLiabilityForFuturePolicyBenefitsLossesClaimsAndLossExpenseReserves.

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 colonial life — reserves for future policy contract benefits?
Unum (UNM) reported colonial life — reserves for future policy contract benefits of $2.03B in Q4 2025.
How has Unum's colonial life — reserves for future policy contract benefits changed year-over-year?
Unum's colonial life — reserves for future policy contract benefits increased by 6.7% year-over-year, from $1.9B to $2.03B.
What does colonial life — reserves for future policy contract benefits mean?
This represents the total amount of funds set aside by the company to meet future obligations to policyholders. These reserves are calculated based on actuarial estimates of future claims and benefit payments. It is the most significant liability on the balance sheet for an insurance segment.

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