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Unum UNM Group Life and AD&D — 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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HMNTerm Life — Interest accretion rate
4.3%+0.1pp
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HMNWhole Life — Interest accretion rate
4.8%0.0pp
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HMNExperience life — Interest accretion rate
6.1%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 life and AD&D — interest accretion rate?
Unum (UNM) reported group life and AD&D — interest accretion rate of 2.5% in Q2 2026.
How has Unum's group life and AD&D — interest accretion rate changed year-over-year?
Unum's group life and AD&D — interest accretion rate increased by 4.2% year-over-year, from 2.4% to 2.5%.
What is the long-term trend for Unum's group life and AD&D — interest accretion rate?
Over 3 years (2022 to 2025), Unum's group life and AD&D — interest accretion rate has grown at a 0.7% compound annual growth rate (CAGR), from 9.4% to 9.6%.
What does group life and AD&D — interest accretion rate mean?
The interest accretion rate represents the rate at which the insurance company increases the liability for future policy benefits over time. It reflects the time value of money applied to long-term insurance obligations, effectively accounting for the interest expense accrued on the present value of expected future benefit payments.

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