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Unum UNM Colonial Life — Total liability for future policy benefits

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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:LiabilityForFuturePolicyBenefitBeforeReinsuranceAfterOther.

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
Ending balance at original discount rate6,258.96,108.4
Effect of change in discount rate assumptions(519.7)(516.6)
Balance, end of period$5,739.2$5,591.8
Net liability for future policy benefits$2,031.3$1,945.1
Other29.623.8
Total liability for future policy benefits2,060.91,968.9
Less: Reinsurance recoverable related to future policy benefits1.41.1
Net liability for future policy benefits, after reinsurance recoverable$2,059.5$1,967.8

Item 1. Financial Statements (Unaudited):

FAQ

What is Unum's colonial life — total liability for future policy benefits?
Unum (UNM) reported colonial life — total liability for future policy benefits of $2.06B in Q2 2026.
How has Unum's colonial life — total liability for future policy benefits changed year-over-year?
Unum's colonial life — total liability for future policy benefits increased by 4.7% year-over-year, from $1.97B to $2.06B.
What is the long-term trend for Unum's colonial life — total liability for future policy benefits?
Over 3 years (2022 to 2025), Unum's colonial life — total liability for future policy benefits has grown at a 0.3% compound annual growth rate (CAGR), from $7.91B to $7.97B.
What does colonial life — total liability for future policy benefits mean?
This represents the gross actuarial liability for future policy benefits before any offsets or reinsurance recoveries. It provides a comprehensive view of the total contractual obligations the company has committed to under its insurance policies. This metric is essential for understanding the total scale of the segment's long-term insurance risk.

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