Unum Group
Business
Unum Group is a leading provider of workplace financial protection benefits in the United States, United Kingdom, and Poland. The company offers group and individual disability, life, accident, critical illness, dental, vision, and related voluntary benefit products marketed primarily through employers. Operating through three core segments—Unum US, Unum International, and Colonial Life—plus a Closed Block segment, Unum serves employers of all sizes and their employees by providing income protection and health-related insurance coverage.
Summary from 10-K filed 2026-02-17
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Premium Income | 10,831 | 10,497 | 10,046 | 9,617 | 9,475 | |
| Net Investment Income | 2,033 | 2,130 | 2,097 | 2,122 | 2,213 | |
| Net Investment Loss | −107 | −35 | −36 | −16 | 77 | |
| Other Income | 318 | 295 | 279 | 261 | 243 | |
| Total Revenue | 13,076 | 12,887 | 12,386 | 11,984 | 12,008 | |
| Policy Benefits | 7,626 | 7,480 | 7,312 | 7,542 | 8,113 | |
| Policy Benefits - Remeasurement Loss (Gain) | −439 | 562 | 55 | 548 | 560 | |
| Commissions | 1,355 | 1,259 | 1,170 | 1,086 | 1,038 | |
| Interest and Debt Expense | 209 | 201 | 195 | 189 | 185 | |
| Deferral of Acquisition Costs | −697 | −652 | −632 | −557 | −523 | |
| Amortization of Deferred Acquisition Costs | 527 | 521 | 481 | 421 | 452 | |
| Compensation Expense | 1,184 | 1,166 | 1,163 | 1,090 | 975 | |
| Other Expenses | 1,499 | 1,223 | 1,112 | 1,007 | 999 | |
| Total Benefits and Expenses | 12,142 | 10,636 | 10,746 | 10,234 | 10,747 | |
| Income Before Income Tax | 934 | 2,251 | 1,640 | 1,750 | 1,261 | |
| Current | 72 | 432 | 452 | 474 | 213 | |
| Income Tax - Deferred | 123 | 40 | −96 | −131 | 67 | |
| Total Income Tax | 195 | 472 | 356 | 343 | 280 | |
| Net Income | 739 | 1,779 | 1,284 | 1,407 | 981 | |
| Basic | 4.28 | 9.49 | 6.53 | 7.01 | 4.8 | |
| Assuming Dilution | 4.27 | 9.46 | 6.5 | 6.96 | 4.79 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Fixed Maturity Securities - at fair value (amortized cost of $34,747.2; $38,269.9; allowance for credit losses of $5.9; $2.8) | 33,057 | 35,630 | 36,834 | 34,841 | 43,336 | |
| Mortgage Loans (net of allowance for credit losses of $15.9; $16.1) | 2,110 | 2,225 | 2,318 | 2,435 | 2,560 | |
| Policy Loans | 3,668 | 3,617 | 3,620 | 3,601 | 3,663 | |
| Other Long-term Investments | 1,670 | 1,694 | 1,579 | 1,440 | 1,203 | |
| Short-term Investments | 3,016 | 2,540 | 1,611 | 1,395 | 1,388 | |
| Total Investments | 43,521 | 45,706 | 45,962 | 43,712 | 52,150 | |
| Cash and Bank Deposits | 158 | 163 | 146 | 119 | 75 | |
| Accounts and Premiums Receivable (net of allowance for credit losses of $26.1; $26.8) | 1,430 | 1,459 | 1,544 | 1,482 | 1,520 | |
| Reinsurance Recoverable (net of allowance for credit losses of $1.4; $1.5) | 11,575 | 8,296 | 9,108 | 9,608 | 10,919 | |
| Accrued Investment Income | 596 | 650 | 634 | 615 | 603 | |
| Deferred Acquisition Costs | 2,920 | 2,843 | 2,715 | 2,560 | 2,208 | |
| Goodwill | 354 | 349 | 350 | 348 | 352 | |
| Property and Equipment | 504 | 488 | 485 | 452 | 463 | |
| Deferred Income Tax | 80 | 370 | 649 | 586 | 0 | |
| Other Assets | 2,383 | 1,636 | 1,662 | 1,667 | 1,826 | |
| Total Assets | 63,519 | 61,959 | 63,255 | 61,149 | 70,116 | |
| Future Policy Benefits | 38,017 | 36,806 | 40,009 | 38,577 | — | |
| Policyholders' Account Balances | 5,636 | 5,634 | 5,668 | 5,740 | — | |
| Unearned Premiums | 413 | 384 | 380 | 366 | 348 | |
| Other Policyholders' Funds | 1,480 | 1,527 | 1,616 | 1,750 | — | |
| Income Tax Payable | 52 | 227 | 190 | 191 | 159 | |
| Deferred Income Tax | 39 | 31 | 27 | 25 | 458 | |
| Short-term debt | 0 | 275 | 0 | 2 | 0 | |
| Long-term Debt | 3,768 | 3,465 | 3,430 | 3,428 | 3,442 | |
| Other Liabilities | 2,996 | 2,650 | 2,283 | 2,334 | 2,586 | |
| Total Liabilities | 52,400 | 50,998 | 53,604 | 52,414 | 58,699 | |
| Commitments and Contingent Liabilities - Note 16 | — | — | — | — | — | |
| Common Stock, $0.10 par; authorized: 725,000,000 shares; issued: 196,194,941 and 195,460,723 shares | 20 | 20 | 19 | 31 | 31 | |
| Additional Paid-in Capital | 1,593 | 1,490 | 1,548 | 2,441 | 2,408 | |
| Accumulated Other Comprehensive Loss | −1,809 | −2,524 | −3,308 | −3,448 | −5,165 | |
| Retained Earnings | 13,345 | 12,914 | 11,432 | 13,141 | 11,989 | |
| Treasury Stock - at cost: 30,500,524 and 16,871,752 shares | −2,030 | −938 | −39 | −3,430 | −3,230 | |
| Total Stockholders' Equity | 11,119 | 10,961 | 9,651 | 8,735 | 6,034 | |
| Total Liabilities and Stockholders' Equity | 63,519 | 61,959 | 63,255 | 61,149 | 70,116 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Change in Receivables | 529 | 624 | 603 | 591 | 676 | |
| Change in Deferred Acquisition Costs | −170 | −131 | −151 | −136 | −71 | |
| Change in Insurance Liabilities | 437 | −781 | −313 | −245 | 38 | |
| Change in Income Taxes | −23 | 98 | −84 | −31 | 335 | |
| Change in Other Accrued Liabilities | −112 | −32 | −75 | −114 | 11 | |
| Non-cash Components of Net Investment Income | −223 | −249 | −240 | −247 | −255 | |
| Depreciation | 123 | 116 | 109 | 111 | 120 | |
| Cash Related to Reinsurance Transaction | 945 | 0 | 0 | 0 | −457 | |
| Settlement Loss on the U.S. Pension Plan Annuity Purchase | 104 | 0 | 0 | — | — | |
| Amortization of Deferred Gain on Reinsurance | −9 | 0 | 0 | — | — | |
| Other, Net | 15 | 13 | −9 | 17 | 16 | |
| Net Cash Provided by Operating Activities | 688 | 1,513 | 1,203 | 1,419 | 1,388 | |
| Proceeds from Sales of Fixed Maturity Securities | 823 | 877 | 1,063 | 560 | 443 | |
| Proceeds from Maturities of Fixed Maturity Securities | 2,132 | 1,483 | 1,578 | 1,533 | 2,611 | |
| Proceeds from Sales and Maturities of Other Investments | 506 | 332 | 360 | 446 | 403 | |
| Purchase of Fixed Maturity Securities | −2,394 | −2,002 | −2,991 | −2,835 | −4,106 | |
| Purchase of Other Investments | −361 | −319 | −361 | −483 | −607 | |
| Net Purchases of Short-term Investments | −356 | −842 | −141 | −23 | 77 | |
| Net Increase (Decrease) in Payables for Collateral on Investments | 331 | 252 | −98 | −51 | −51 | |
| Net Purchases of Property and Equipment | −132 | −126 | −135 | −102 | −110 | |
| Net Cash Used by Investing Activities | 549 | −344 | −726 | −956 | −1,341 | |
| Short-term Debt Repayment | −275 | 0 | −2 | 0 | 0 | |
| Issuance of Long-term Debt | 296 | 392 | 0 | 349 | 588 | |
| Long-term Debt Repayment | 0 | −350 | 0 | −364 | −500 | |
| Issuance of Common Stock | 5 | 6 | 5 | 4 | 3 | |
| Repurchase of Common Stock | −1,010 | −973 | −250 | −200 | −50 | |
| Dividends Paid to Stockholders | −306 | −297 | −277 | −254 | −239 | |
| Proceeds from Policyholder Account Deposits | 124 | 133 | 143 | 120 | 128 | |
| Payments for Policyholder Account Withdrawals | −89 | −83 | −87 | −72 | −81 | |
| Cash Received Related to Active Life Volatility Cover Agreement | 17 | 27 | 19 | 5 | 40 | |
| Other, Net | −4 | −7 | −1 | −3 | 4 | |
| Net Cash Used by Financing Activities | −1,241 | −1,152 | −450 | −419 | −169 | |
| Net Increase (Decrease) in Cash and Bank Deposits | −5 | 17 | 27 | 44 | −122 | |
| Amortization of Deferred Loss on Reinsurance | 117 | 41 | 44 | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Unum Group's CIK number?
Unum Group's SEC CIK number is 0000005513 (5513). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Unum Group's SEC filings?
All of Unum Group's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Unum Group last report earnings?
Unum Group (UNM) most recently filed an earnings 8-K with the SEC on Apr 28, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0000005513-26-000041). This is Unum Group's most recent earnings filing of record — not a forecast of its next earnings date.
What is Unum Group's most recent earnings 8-K?
Unum Group's latest earnings 8-K (Item 2.02) was filed Apr 28, 2026 under accession 0000005513-26-000041. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Unum Group's latest earnings 8-K →
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