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Schedule III Supplementary Insurance Information (Detail) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Supplementary Insurance Information, by Segment      
Deferred Acquisition Costs $ 2,207.9 $ 2,272.6  
Reserves for Future Policy Contract Benefits 48,007.5 49,653.0  
Unearned Premiums 347.5 349.3  
Policy and Contract Benefits 1,907.7 1,855.4  
Premium Income 9,481.0 9,378.1 $ 9,365.6
Net Investment Income [1] 2,213.2 2,360.7 2,435.3
Benefits and Change in Reserves for Future Benefits 7,598.6 [2] 8,972.9 7,496.2 [2]
Amortization of Deferred Acquisition Costs 586.1 606.1 609.9
All Other Expenses [3] 2,766.1 2,619.1 2,510.7
Unum US      
Supplementary Insurance Information, by Segment      
Deferred Acquisition Costs 1,096.2 1,168.7  
Reserves for Future Policy Contract Benefits 10,959.4 11,681.4  
Unearned Premiums 41.5 44.0  
Policy and Contract Benefits 1,262.5 1,191.2  
Premium Income 6,078.0 6,018.9 6,016.6
Net Investment Income 721.6 720.3 739.4
Benefits and Change in Reserves for Future Benefits 4,338.8 4,138.7 4,022.1
Amortization of Deferred Acquisition Costs 319.0 341.0 344.0
All Other Expenses 1,631.9 1,589.0 1,501.6
Premiums Written [4] 4,168.9 4,088.6 4,073.9
Unum International      
Supplementary Insurance Information, by Segment      
Deferred Acquisition Costs 35.4 32.0  
Reserves for Future Policy Contract Benefits 2,765.5 2,794.2  
Unearned Premiums 131.8 123.3  
Policy and Contract Benefits 171.2 175.6  
Premium Income 717.0 652.8 630.5
Net Investment Income 132.7 [1] 104.6 122.5
Benefits and Change in Reserves for Future Benefits 556.2 500.9 469.8
Amortization of Deferred Acquisition Costs 8.0 7.4 7.1
All Other Expenses 180.4 173.0 168.8
Premiums Written [4] 520.6 456.0 443.7
Colonial Life      
Supplementary Insurance Information, by Segment      
Deferred Acquisition Costs 1,076.3 1,071.9  
Reserves for Future Policy Contract Benefits 2,730.1 2,628.5  
Unearned Premiums 36.3 36.9  
Policy and Contract Benefits 210.3 217.2  
Premium Income 1,690.2 1,712.0 1,685.0
Net Investment Income 172.0 155.7 148.0
Benefits and Change in Reserves for Future Benefits 910.4 906.5 865.0
Amortization of Deferred Acquisition Costs 259.1 257.7 258.8
All Other Expenses 364.5 369.2 368.1
Premiums Written [4] 1,223.3 1,252.4 1,249.6
Closed Block      
Supplementary Insurance Information, by Segment      
Deferred Acquisition Costs 0.0 0.0  
Reserves for Future Policy Contract Benefits 31,552.5 32,548.9  
Unearned Premiums 137.9 145.1  
Policy and Contract Benefits 263.7 271.4  
Premium Income 995.8 994.4 1,033.5
Net Investment Income 1,159.0 1,370.3 1,404.9
Benefits and Change in Reserves for Future Benefits 1,793.2 3,426.8 2,139.3
Amortization of Deferred Acquisition Costs 0.0 0.0 0.0
All Other Expenses 284.0 240.2 232.7
Premiums Written [4] 983.0 979.3 1,020.8
Corporate and Other Segment      
Supplementary Insurance Information, by Segment      
Premium Income 0.0 0.0 0.0
Net Investment Income 27.9 9.8 20.5
Benefits and Change in Reserves for Future Benefits 0.0 0.0 0.0
Amortization of Deferred Acquisition Costs 0.0 0.0 0.0
All Other Expenses 305.3 247.7 239.5
Premiums Written [4] $ 0.0 $ 0.0 $ 0.0
[1] Net investment income is allocated based upon segmentation. Each segment has its own specifically identified assets and receives the investment income generated by those assets.
[2] Included in benefits and change in reserves for future benefits were the following:
In 2021 and 2020, reserve increases of $2.1 million and $151.5 million, respectively, in the Closed Block segment related to reserve assumption updates for our long-term care product line. In 2021 and 2020, reserve increases of $25.1 million and $17.5 million, respectively, in the Closed Block segment related to reserve assumption updates for our group pension product line. In 2021, a reserve decrease of $215.0 million in the Unum US segment related to reserve assumption updates in our Unum US group long-term disability product line. Also in 2021, we increased reserves for our Closed Block individual disability product line by $6.4 million.
In 2021 and 2020, an increase in benefits and change in reserves for future benefits of $133.1 million and $1,284.5 million, respectively, resulting from the recognition of the adjustment related to unrealized investment gains and losses previously recognized in accumulated other comprehensive income related to the Closed Block individual disability reinsurance transaction.
[3] Includes commissions, interest and debt expense, deferral of acquisition costs, compensation expense, and other expenses. Where not directly attributable to a segment, expenses are generally allocated based on activity levels, time information, and usage statistics. Also included in all other expenses were the following:
In 2021, an impairment loss of $12.1 million was recorded in our Corporate segment for previously capitalized internal-use software that we no longer plan to utilize.
In 2021 and 2019, costs related to early retirement of debt of $67.3 million and $27.3 million, respectively, in the Corporate segment.
In 2021 and 2020, the amortization of the cost of reinsurance of $79.1 million and $2.6 million, respectively, and transaction costs of $6.2 million and $21.0 million, respectively, related to the Closed Block individual disability reinsurance transaction.
In 2021 and 2020, a right-of-use asset impairment of $13.9 million and $12.7 million, respectively, related to one of our operating leases for office space that we do not plan to continue using to support general operations in the Corporate segment.
In 2020, costs related to organizational design updates of $23.3 million in the Corporate segment.
[4] Excludes life insurance.