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Unum UNM Group Life and AD&D — Current discount rate

Other product segments

Long-term Care
5.6%0.0%
Voluntary Benefits
5.6%+1.8%
Other Insurance Product Line
5.3%+1.9%

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HMNWhole Life — Current discount rate
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HMNExperience life — Current discount rate
5.6%+0.1pp
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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 us-gaap:LiabilityForFuturePolicyBenefitCurrentWeightedAverageDiscountRate.

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 life and AD&D — current discount rate?
Unum (UNM) reported group life and AD&D — current discount rate of 2.8% in Q2 2026.
How has Unum's group life and AD&D — current discount rate changed year-over-year?
Unum's group life and AD&D — current discount rate increased by 3.7% year-over-year, from 2.7% to 2.8%.
What is the long-term trend for Unum's group life and AD&D — current discount rate?
Over 3 years (2022 to 2025), Unum's group life and AD&D — current discount rate has grown at a 0.0% compound annual growth rate (CAGR), from 10.4% to 10.4%.
What does group life and AD&D — current discount rate mean?
The current discount rate is the interest rate used to calculate the present value of expected future insurance benefit payments as of the reporting date. It is typically based on high-quality fixed-income market yields and is critical for determining the size of the liability for future policy benefits.

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