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Unum UNM Group Disability — Interest accretion rate

Other product segments

Long-term Care
5.6%0.0%
Voluntary Benefits
5%0.0%
Other Insurance Product Line
4.6%0.0%

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3.2%0.0pp

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:LiabilityForFuturePolicyBenefitWeightedAverageInterestAccretionRate.

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 itemGroup DisabilityGroup Life and AD&DVoluntary BenefitsIndividual DisabilityTotal Unum US
Expected future benefit payments$5,569.3$886.3$6,186.4$5,076.4$17,718.4
Expected future gross premiums$6,928.6$5,818.2$12,746.8
Amount of discounted (at interest accretion rate):
Expected future gross premiums$4,393.2$4,192.8$8,586.0
Weighted average interest rate:
Interest accretion rate4.3%2.5%5.0%5.1%4.4%
Current discount rate4.7%2.8%5.6%5.2%4.8%
Weighted average duration of the liability3.9 years2.4 years18.1 years9.3 years7.0 years

Item 1. Financial Statements (Unaudited):

FAQ

What is Unum's group disability — interest accretion rate?
Unum (UNM) reported group disability — interest accretion rate of 4.3% in Q2 2026.
How has Unum's group disability — interest accretion rate changed year-over-year?
Unum's group disability — interest accretion rate increased by 2.4% year-over-year, from 4.2% to 4.3%.
What is the long-term trend for Unum's group disability — interest accretion rate?
Over 3 years (2022 to 2025), Unum's group disability — interest accretion rate has grown at a 3.6% compound annual growth rate (CAGR), from 15.3% to 17%.
What does group disability — interest accretion rate mean?
The interest accretion rate represents the rate at which the liability for future policy benefits increases due to the passage of time. It reflects the unwinding of the discount applied to future benefit obligations as they approach their expected payment date. This metric is critical for understanding the underlying cost of capital associated with long-term insurance liabilities.

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