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Unum UNM Colonial Life — Reserves in excess of account balance

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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 unm:PolicyholderAccountBalanceReservesInExcessOfAccountBalance.

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 itemUnum US - Voluntary BenefitsColonial LifeClosed Block - All OtherTotal
Interest credited9.416.9168.2194.5
Other3.6(0.3)2.86.1
Balance, end of period536.3841.44,050.55,428.2
Reserves in excess of account balance120.113.242.0175.3
Total policyholders' account balances656.4854.64,092.55,603.5
Less: Reinsurance recoverable related to policyholders' account balances0.70.14,092.54,093.3
Net policyholders' account balances, after reinsurance recoverable$655.7$854.5$1,510.2
Weighted average crediting rate3.5%4.1%8.6%7.4%

Item 1. Financial Statements (Unaudited):

FAQ

What is Unum's colonial life — reserves in excess of account balance?
Unum (UNM) reported colonial life — reserves in excess of account balance of $13.2M in Q2 2026.
How has Unum's colonial life — reserves in excess of account balance changed year-over-year?
Unum's colonial life — reserves in excess of account balance increased by 1.5% year-over-year, from $13M to $13.2M.
What is the long-term trend for Unum's colonial life — reserves in excess of account balance?
Over 3 years (2022 to 2025), Unum's colonial life — reserves in excess of account balance has grown at a -9.9% compound annual growth rate (CAGR), from $73.1M to $53.4M.
What does colonial life — reserves in excess of account balance mean?
The additional reserves held by the company beyond the current account balance to ensure the ability to meet future policy obligations. This acts as a buffer for long-term insurance risks.

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