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Selected Operating Statement Data by Segment (Detail) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Segment Reporting Information      
Premium Income $ 10,497.4 $ 10,046.0 $ 9,616.5
Net Investment Income 2,130.0 2,096.7 2,122.2
Other Income 294.5 279.2 261.1
Commissions 1,258.6 1,170.1 1,086.4
Interest and Debt Expense 201.1 194.8 188.5
Amortization of Deferred Acquisition Costs 521.0 481.4 421.1
Unum US      
Segment Reporting Information      
Deferral of Acquisition Costs (320.9) (314.7) (273.1)
Amortization of Deferred Acquisition Costs 292.5 267.6 240.9
Unum International      
Segment Reporting Information      
Deferral of Acquisition Costs (17.8) (14.6) (12.0)
Amortization of Deferred Acquisition Costs 9.5 8.4 8.2
Colonial Life      
Segment Reporting Information      
Deferral of Acquisition Costs (312.8) (302.9) (271.8)
Amortization of Deferred Acquisition Costs 219.0 205.4 172.0
Operating Segments      
Segment Reporting Information      
Premium Income 10,497.4 10,046.0 9,616.5
Net Investment Income 2,130.0 2,096.7 2,122.2
Other Income 294.5 279.2 261.1
Adjusted Operating Revenue 12,921.9 12,421.9 11,999.8
Adjusted Policy Benefits [1] 7,455.1 7,277.1 7,498.3
Adjusted Policy Benefits - Remeasurement Loss (Gain) (204.9) [2] (232.0) [2] (294.8) [3]
Commissions 1,258.6 1,170.1 1,086.4
Interest and Debt Expense 201.1 194.8 192.7
Deferral of Acquisition Costs (651.5) (632.2) (556.9)
Amortization of Deferred Acquisition Costs 521.0 481.4 421.1
Other Segment Items 2,332.2 [4] 2,230.5 [5] 2,045.9 [6]
Adjusted Benefits and Expenses 10,911.6 10,489.7 10,392.7
Adjusted Operating Income (Loss) 2,010.3 1,932.2 1,607.1
Operating Segments | Unum US      
Segment Reporting Information      
Premium Income 6,883.2 6,579.2 6,251.4
Net Investment Income 632.2 639.9 676.3
Other Income 235.9 220.5 196.3
Adjusted Operating Revenue 7,751.3 7,439.6 7,124.0
Adjusted Policy Benefits [1] 4,246.5 4,221.2 4,429.6
Adjusted Policy Benefits - Remeasurement Loss (Gain) (238.2) [2] (283.9) [2] (287.9) [3]
Commissions 729.3 664.4 614.4
Interest and Debt Expense 0.0 0.0 0.0
Deferral of Acquisition Costs (320.9) (314.7) (273.1)
Amortization of Deferred Acquisition Costs 292.5 267.6 240.9
Other Segment Items 1,602.9 [4] 1,529.5 [5] 1,427.5 [6]
Depreciation and Intangible Amortization 85.0 76.3 75.7
Adjusted Benefits and Expenses 6,312.1 6,084.1 6,151.4
Adjusted Operating Income (Loss) 1,439.2 1,355.5 972.6
Operating Segments | Unum International      
Segment Reporting Information      
Premium Income 949.5 825.2 718.8
Net Investment Income 128.8 137.2 170.1
Other Income 1.6 1.6 0.9
Adjusted Operating Revenue 1,079.9 964.0 889.8
Adjusted Policy Benefits [1] 693.6 581.4 521.6
Adjusted Policy Benefits - Remeasurement Loss (Gain) (44.4) [2] (19.5) [2] 35.6 [3]
Commissions 82.5 72.5 56.3
Interest and Debt Expense 0.0 0.0 0.0
Deferral of Acquisition Costs (17.8) (14.6) (12.0)
Amortization of Deferred Acquisition Costs 9.5 8.4 8.2
Other Segment Items 198.7 [4] 177.7 [5] 146.1 [6]
Depreciation and Intangible Amortization 17.9 14.6 14.4
Adjusted Benefits and Expenses 922.1 805.9 755.8
Adjusted Operating Income (Loss) 157.8 158.1 134.0
Operating Segments | Colonial Life      
Segment Reporting Information      
Premium Income 1,783.9 1,726.1 1,702.0
Net Investment Income 161.5 153.5 152.7
Other Income 4.0 1.2 1.1
Adjusted Operating Revenue 1,949.4 1,880.8 1,855.8
Adjusted Policy Benefits [1] 885.4 877.1 926.6
Adjusted Policy Benefits - Remeasurement Loss (Gain) (34.7) [2] 1.7 [2] (45.3) [3]
Commissions 378.4 359.4 340.0
Interest and Debt Expense 0.0 0.0 0.0
Deferral of Acquisition Costs (312.8) (302.9) (271.8)
Amortization of Deferred Acquisition Costs 219.0 205.4 172.0
Other Segment Items 347.4 [4] 340.0 [5] 321.4 [6]
Depreciation and Intangible Amortization 15.1 13.6 15.0
Adjusted Benefits and Expenses 1,482.7 1,480.7 1,442.9
Adjusted Operating Income (Loss) 466.7 400.1 412.9
Operating Segments | Closed Block      
Segment Reporting Information      
Premium Income 880.8 915.5 944.3
Net Investment Income 1,148.9 1,066.3 1,070.6
Other Income 51.7 52.6 58.0
Adjusted Operating Revenue 2,081.4 2,034.4 2,072.9
Adjusted Policy Benefits [1] 1,629.6 1,597.4 1,620.5
Adjusted Policy Benefits - Remeasurement Loss (Gain) 112.4 [2] 69.7 [2] 2.8 [3]
Commissions 68.4 73.8 75.7
Interest and Debt Expense 0.0 0.0 0.0
Deferral of Acquisition Costs 0.0 0.0 0.0
Amortization of Deferred Acquisition Costs 0.0 0.0 0.0
Other Segment Items 133.2 [4] 128.6 [5] 122.0 [6]
Depreciation and Intangible Amortization 5.4 5.2 4.7
Adjusted Benefits and Expenses 1,943.6 1,869.5 1,821.0
Adjusted Operating Income (Loss) 137.8 164.9 251.9
Operating Segments | Corporate and Other Segment      
Segment Reporting Information      
Premium Income 0.0 0.0 0.0
Net Investment Income 58.6 99.8 52.5
Other Income 1.3 3.3 4.8
Adjusted Operating Revenue 59.9 103.1 57.3
Adjusted Policy Benefits [1] 0.0 0.0 0.0
Adjusted Policy Benefits - Remeasurement Loss (Gain) 0.0 [2] 0.0 [2] 0.0 [3]
Commissions 0.0 0.0 0.0
Interest and Debt Expense 201.1 194.8 192.7
Deferral of Acquisition Costs 0.0 0.0 0.0
Amortization of Deferred Acquisition Costs 0.0 0.0 0.0
Other Segment Items 50.0 [4] 54.7 [5] 28.9 [6]
Depreciation and Intangible Amortization 0.1 0.6 0.6
Adjusted Benefits and Expenses 251.1 249.5 221.6
Adjusted Operating Income (Loss) $ (191.2) $ (146.4) $ (164.3)
[1]
1Excludes the impact of non-contemporaneous reinsurance in the Closed Block segment.
[2]
2Excludes the reserve assumption updates for each reportable segment, except for the Corporate segment, that occurred during the third quarter.
[3]
2Excludes the reserve assumption updates for each reportable segment, except for the Corporate segment, that occurred during the third quarter and the impact of non-contemporaneous reinsurance in the Closed Block segment.
[4]
3Excludes the amortization of the cost of reinsurance in the Closed Block segment and the loss on legal settlement in the Corporate segment. For each reportable segment, other segment items includes compensation, other personnel expenses, taxes, licenses and fees, depreciation, intangible asset amortization and other expenses. Depreciation and intangible asset amortization during 2024 was $85.0 million, $17.9 million, $15.1 million, $5.4 million, and $0.1 million for our Unum US, Unum International, Colonial Life, Closed Block and Corporate segments, respectively.
[5]
3Excludes the amortization of the cost of reinsurance in the Closed Block segment. For each reportable segment, other segment items includes compensation, other personnel expenses, taxes, licenses and fees, depreciation, intangible asset amortization and other expenses. Depreciation and intangible asset amortization during 2023 was $76.3 million, $14.6 million, $13.6 million, $5.2 million and $0.6 million for our Unum US, Unum International, Colonial Life, Closed Block and Corporate segments, respectively.
[6]
3Excludes the amortization of the cost of reinsurance in the Closed Block segment. For each reportable segment, other segment items includes compensation, other personnel expenses, taxes, licenses and fees, depreciation, intangible asset amortization and other expenses. Depreciation and intangible asset amortization during 2022 was $75.7 million, $14.4 million, $15.0 million, $4.7 million, and $0.6 million for our Unum US, Unum International, Colonial Life, Closed Block and Corporate segments, respectively.