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Unum UNM Individual Disability — Issuances

Other product segments

Voluntary Benefits
$42.6M+14.5%

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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:LiabilityForFuturePolicyBenefitExpectedNetPremiumIssuance.

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
Effect of changes in cash flow assumptions
Effect of actual variances from expected experience(35.8)(9.2)(45.0)
Adjusted beginning of year balance1,411.51,223.32,634.8
Issuances1335.082.5417.5
Interest accretion26.525.952.4
Net premiums collected(130.1)(94.9)(225.0)
Ending balance at original discount rate1,642.91,236.82,879.7
Effect of change in discount rate assumptions(75.2)(11.7)(86.9)

Item 1. Financial Statements (Unaudited):

FAQ

What is Unum's individual disability — issuances?
Unum (UNM) reported individual disability — issuances of $31.1M in Q2 2026.
How has Unum's individual disability — issuances changed year-over-year?
Unum's individual disability — issuances increased by 28.5% year-over-year, from $24.2M to $31.1M.
What is the long-term trend for Unum's individual disability — issuances?
Over 4 years (2021 to 2025), Unum's individual disability — issuances has grown at a -0.9% compound annual growth rate (CAGR), from $211.3M to $203.5M.
What does individual disability — issuances mean?
This metric tracks the liability value associated with new individual disability insurance policies issued during the reporting period. It reflects the initial reserve requirements for new business growth. High issuance levels indicate successful sales and market expansion within the individual disability segment.

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