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Schedule III Supplementary Insurance Information (Detail) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Supplementary Insurance Information, by Segment      
Deferred Acquisition Costs $ 2,252.3 $ 2,207.9  
Reserves for Future Policy Contract Benefits 42,330.2 48,007.5  
Unearned Premiums 352.7 347.5  
Policy and Contract Benefits 1,839.8 1,907.7  
Premium Income 9,623.4 9,481.0 $ 9,378.1
Net Investment Income [1] 2,122.2 2,213.2 2,360.7
Benefits and Change in Reserves for Future Benefits 6,936.7 [2] 7,598.6 8,972.9 [2]
Amortization of Deferred Acquisition Costs 591.0 586.1 606.1
All Other Expenses [3] 2,831.9 2,766.1 2,619.1
Unum US      
Supplementary Insurance Information, by Segment      
Deferred Acquisition Costs 1,089.4 1,096.2  
Reserves for Future Policy Contract Benefits 9,129.9 10,959.4  
Unearned Premiums 50.5 41.5  
Policy and Contract Benefits 1,245.8 1,262.5  
Premium Income 6,258.3 6,078.0 6,018.9
Net Investment Income [1] 676.3 721.6 720.3
Benefits and Change in Reserves for Future Benefits 3,941.5 [2] 4,338.8 [2] 4,138.7
Amortization of Deferred Acquisition Costs 294.9 319.0 341.0
All Other Expenses 1,768.8 1,631.9 1,589.0
Premiums Written [4] 4,335.7 4,168.9 4,088.6
Unum International      
Supplementary Insurance Information, by Segment      
Deferred Acquisition Costs 36.6 35.4  
Reserves for Future Policy Contract Benefits 2,074.7 2,765.5  
Unearned Premiums 130.4 131.8  
Policy and Contract Benefits 165.2 171.2  
Premium Income 718.8 717.0 652.8
Net Investment Income [1] 170.1 132.7 104.6
Benefits and Change in Reserves for Future Benefits 564.8 556.2 500.9
Amortization of Deferred Acquisition Costs 7.6 8.0 7.4
All Other Expenses 190.4 180.4 173.0
Premiums Written [4] 504.1 520.6 456.0
Colonial Life      
Supplementary Insurance Information, by Segment      
Deferred Acquisition Costs 1,126.3 1,076.3  
Reserves for Future Policy Contract Benefits 2,750.2 2,730.1  
Unearned Premiums 35.2 36.3  
Policy and Contract Benefits 181.5 210.3  
Premium Income 1,702.0 1,690.2 1,712.0
Net Investment Income [1] 152.7 172.0 155.7
Benefits and Change in Reserves for Future Benefits 803.1 910.4 906.5
Amortization of Deferred Acquisition Costs 288.5 259.1 257.7
All Other Expenses 389.6 364.5 369.2
Premiums Written [4] 1,221.8 1,223.3 1,252.4
Closed Block      
Supplementary Insurance Information, by Segment      
Deferred Acquisition Costs 0.0 0.0  
Reserves for Future Policy Contract Benefits 28,375.4 31,552.5  
Unearned Premiums 136.6 137.9  
Policy and Contract Benefits 247.3 263.7  
Premium Income 944.3 995.8 994.4
Net Investment Income [1] 1,070.6 1,159.0 1,370.3
Benefits and Change in Reserves for Future Benefits 1,627.3 1,793.2 [2] 3,426.8 [2]
Amortization of Deferred Acquisition Costs 0.0 0.0 0.0
All Other Expenses 261.5 284.0 240.2
Premiums Written [4] 936.8 983.0 979.3
Corporate and Other Segment      
Supplementary Insurance Information, by Segment      
Premium Income 0.0 0.0 0.0
Net Investment Income [1] 52.5 27.9 9.8
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 221.6 305.3 247.7
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 2022, a reserve decrease in the Unum US segment related to reserve assumption updates in our Unum US group long-term disability and group life product lines, of $121.0 million and $34.0 million, respectively.
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, reserve increases in the Closed Block segment related to reserve assumption updates for our long-term care, group pension, and individual disability product lines, of $2.1 million, $25.1 million, and $6.4 million, respectively.
In 2020, reserve increases in the Closed Block segment related to reserve assumption updates for our long-term care and group pension product lines of $151.5 million and $17.5 million, respectively.
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 2022, 2021, and 2020 the amortization of the cost of reinsurance of $63.8 million, $79.1 million, and $2.6 million respectively, in the Closed Block segment.
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, costs related to early retirement of debt of $67.3 million in the Corporate segment.
In 2021 and 2020, 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.