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Unum UNM Life Insurance — Direct Premium Income

Other product segments

Accident, Sickness, and Disability
$7.85B+1.6%

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$4M+14.3%

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:DirectPremiumsEarned.

The source filing: Unum’s 10-K, filed February 17, 2026.

Filed
Feb 17, 2026, 4:30 PM EST
Fiscal year
FY2025
Accession
0000005513-26-000008

| Life Insurance in Force | $1,296,061.4 | $28,606.8 | $992.3 | $1,268,446.9 | 0.1% | | Premium Income: | | | | | | | Life Insurance | $3,216.8 | $147.5 | $5.3 | $3,074.6 | 0.2% | | Accident, Health, and Other Insurance | 7,847.2 | 140.0 | 49.2 | 7,756.4 | 0.6% | | Total | $11,064.0 | $287.5 | $54.5 | $10,831.0 | 0.5% | | Year Ended December 31, 2024 | | | | | | | Life Insurance in Force | $1,162,098.7 | $24,373.3 | $1,009.8 | $1,138,735.2 | 0.1% | | Premium Income: | | | | | | | Life Insurance | $3,011.1 | $159.0 | $5.1 | $2,857.2 | 0.2% | | Accident, Health, and Other Insurance | 7,721.0 | 145.5 | 64.7 | 7,640.2 | 0.8% |

ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES

FAQ

What is Unum's life insurance — direct premium income?
Unum (UNM) reported life insurance — direct premium income of $804.2M in Q4 2025.
How has Unum's life insurance — direct premium income changed year-over-year?
Unum's life insurance — direct premium income increased by 6.8% year-over-year, from $752.78M to $804.2M.
What is the long-term trend for Unum's life insurance — direct premium income?
Over 4 years (2021 to 2025), Unum's life insurance — direct premium income has grown at a 6.0% compound annual growth rate (CAGR), from $2.55B to $3.22B.
What does life insurance — direct premium income mean?
This metric represents the total gross premiums written by the life insurance segment before accounting for any reinsurance transactions. It serves as a primary indicator of the segment's top-line growth and market demand for life protection products. By excluding reinsurance adjustments, it reflects the raw volume of business underwritten by the company.

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