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Unum UNM Individual Disability — Total liability for future policy benefits

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Principal Financial Group logo
PFGIndividual Disability — Liability For Future Policy Benefits
$1.98B+4.6%
Principal Financial Group logo
PFGIndividual Disability — Liability For Future Policy Benefit Expected Future Policy Benefit Undiscounted Before Reinsurance
$10B+1.4%
Principal Financial Group logo
PFGIndividual Disability — Liability For Future Policy Benefits Payment For Benefits
$61M+7.0%
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PFGIndividual Disability — Liability For Future Policy Benefit Expected Future Policy Benefit Before Reinsurance After Discount Rate Change
467,700,000,000%+6,810,000,000pp
Principal Financial Group logo
PFGIndividual Disability — Liability For Future Policy Benefit Interest Expense
$26.9M+4.3%
Principal Financial Group logo
PFGIndividual Disability — Liability For Future Policy Benefit Expected Net Premium Issuance
$15M-18.5%

Other financials

Income statement

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Revenue$3.4B+8.5%
Operating income$501.8M+2.4%
Net income$232.0M+22.7%
EPS (diluted)$1.41+33.0%

Balance sheet

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Cash & equivalents$192.6M-19.0%
Total debt$3.8B+0.5%
Total equity$10.9B-2.9%
Total assets$62.7B+0.4%

Cash flow

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Operating cash flow$340.8M-3.6%
CapEx$39.6M+10.6%
Free cash flow$301.2M-5.2%

Valuation

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Market cap$14.38B-17.0%
Enterprise value$17.95B-13.3%
P/E18.4×+7.4×
P/S1.1×-0.3×

Profitability

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Net margin5.9%-6.5pp
FCF margin11.2%+1.4pp

Returns & leverage

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Return on equity7.1%-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 official record: Unum’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Unum's individual disability — total liability for future policy benefits?
Unum (UNM) reported individual disability — total liability for future policy benefits of $1.9B in Q1 2026.
How has Unum's individual disability — total liability for future policy benefits changed year-over-year?
Unum's individual disability — total liability for future policy benefits decreased by 1.7% year-over-year, from $1.94B to $1.9B.
What is the long-term trend for Unum's individual disability — total liability for future policy benefits?
Over 3 years (2022 to 2025), Unum's individual disability — total liability for future policy benefits has grown at a -2.9% compound annual growth rate (CAGR), from $8.47B to $7.75B.
What does individual disability — total liability for future policy benefits mean?
This represents the gross total of all actuarial liabilities set aside to cover future disability benefit payments for the individual disability segment. It reflects the total reserve requirement before any offsets from reinsurance or other risk-mitigation strategies. It is a primary indicator of the scale of the company's long-term disability risk exposure.