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Schedule III Supplementary Insurance Information (Detail) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Supplementary Insurance Information, by Segment      
Deferred Acquisition Costs $ 2,842.8 $ 2,714.5  
Reserves for Future Policy Contract Benefits 36,806.4 40,009.4  
Policyholder Account Balances 5,633.7 5,667.7  
Unearned Premiums 384.0 380.2  
Premium Income 10,497.4 10,046.0 $ 9,616.5
Net Investment Income [1] 2,130.0 2,096.7 2,122.2
Benefits and Change in Reserves for Future Benefits [2] 6,917.9 7,257.1 6,994.6
Amortization of Deferred Acquisition Costs 521.0 481.4 421.1
All Other Expenses [3] 3,197.1 3,007.3 2,818.4
Unum US      
Supplementary Insurance Information, by Segment      
Deferred Acquisition Costs 1,260.6 1,232.2  
Reserves for Future Policy Contract Benefits 8,669.7 9,419.1  
Policyholder Account Balances 675.7 678.1  
Unearned Premiums 51.7 54.6  
Premium Income 6,883.2 6,579.2 6,251.4
Net Investment Income [1] 632.2 639.9 676.3
Benefits and Change in Reserves for Future Benefits [2] 3,864.7 3,808.5 3,970.9
Amortization of Deferred Acquisition Costs 292.5 267.6 240.9
All Other Expenses [3] 2,011.3 1,879.2 1,768.8
Premiums Written [4] 4,834.0 4,634.3 4,335.7
Unum International      
Supplementary Insurance Information, by Segment      
Deferred Acquisition Costs 53.0 46.9  
Reserves for Future Policy Contract Benefits 2,163.0 2,305.3  
Policyholder Account Balances 0.0 0.0  
Unearned Premiums 165.5 151.4  
Premium Income 949.5 825.2 718.8
Net Investment Income [1] 128.8 137.2 170.1
Benefits and Change in Reserves for Future Benefits [2] 656.7 579.8 549.6
Amortization of Deferred Acquisition Costs 9.5 8.4 8.2
All Other Expenses [3] 263.4 235.6 190.4
Premiums Written [4] 581.6 544.4 504.1
Colonial Life      
Supplementary Insurance Information, by Segment      
Deferred Acquisition Costs 1,529.2 1,435.4  
Reserves for Future Policy Contract Benefits 1,904.2 1,997.8  
Policyholder Account Balances 862.5 869.8  
Unearned Premiums 45.4 44.5  
Premium Income 1,783.9 1,726.1 1,702.0
Net Investment Income [1] 161.5 153.5 152.7
Benefits and Change in Reserves for Future Benefits [2] 804.7 798.1 826.1
Amortization of Deferred Acquisition Costs 219.0 205.4 172.0
All Other Expenses [3] 413.0 396.5 389.6
Premiums Written [4] 1,247.4 1,221.8 1,221.8
Closed Block      
Supplementary Insurance Information, by Segment      
Deferred Acquisition Costs 0.0 0.0  
Reserves for Future Policy Contract Benefits 24,069.5 26,287.2  
Policyholder Account Balances 4,095.5 4,119.8  
Unearned Premiums 121.4 129.7  
Premium Income 880.8 915.5 944.3
Net Investment Income [1] 1,148.9 1,066.3 1,070.6
Benefits and Change in Reserves for Future Benefits [2] 1,591.8 2,070.7 1,648.0
Amortization of Deferred Acquisition Costs 0.0 0.0 0.0
All Other Expenses [3] 243.0 246.5 248.0
Premiums Written [4] 868.1 904.2 936.8
Corporate and Other Segment      
Supplementary Insurance Information, by Segment      
Premium Income 0.0 0.0 0.0
Net Investment Income [1] 58.6 99.8 52.5
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 [3] 266.4 249.5 221.6
Premiums Written [4] 0.0 0.0 0.0
Closed Block Individual Disability Reinsurance Transaction      
Supplementary Insurance Information, by Segment      
Amortization of Prepaid Reinsurance Premium 41.4 44.1 50.3
Operating Segments | Closed Block Individual Disability Reinsurance Transaction      
Supplementary Insurance Information, by Segment      
Non-Contemporaneous Reinsurance $ 25.1 $ 34.8 $ 34.4
[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 policy benefits including remeasurement loss or gain were the following:
In 2024, reserve assumption updates resulting in a net decrease in policy benefits including remeasurement gain or loss in the Unum US, Colonial Life and Closed Block segments of $143.6 million, $46.0 million, $175.3 million, respectively and a net increase in policy benefits including remeasurement gain or loss in the Unum International segment of $7.5 million.
In 2023, reserve assumption updates resulting in a net decrease in policy benefits including remeasurement gain or loss in the Unum US and Colonial Life segments of $128.8 million and $80.7 million respectively and a net increase in policy benefits including remeasurement gain or loss in the Unum International and Closed Block segments of $17.9 million, and $368.8 million, respectively.
In 2022, reserve assumption updates resulting in a net decrease in policy benefits including remeasurement gain or loss in the Unum US, Unum International, Colonial Life, and Closed Block segments of $170.8 million, $7.6 million, and $55.2 million, and $9.7 million respectively.
In 2024, 2023, and 2022 the impact of non-contemporaneous reinsurance of $25.1 million, $34.8 million, and $34.4 million respectively, in the Closed Block segment.
[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 2024, 2023 and 2022 the amortization of the cost of reinsurance of $41.4 million, $44.1 million, and $50.3 million respectively, in the Closed Block segment.
In 2024, we incurred a loss on legal settlement of $15.3 million for the settlement of an employment-related matter, in the Corporate segment.
[4] Excludes life insurance.