Segment Information (Tables)

9 Months Ended

Sep. 30, 2026

Premium Income by Major Line of Business within Each Segment

Segment information is shown below. Certain prior year amounts were adjusted to conform to current year presentation. See below for more information regarding this update.


	Three Months Ended September 30				Nine Months Ended September 30
	2026		2025		2026		2025
	(in millions of dollars)
Premium Income

Unum US
Group Disability
Group Long-term Disability	$	489.9	$	499.2	$	1,484.0	$	1,511.5
Group Short-term Disability	326.7		286.0		969.6		853.6
Group Life and Accidental Death & Dismemberment
Group Life	498.1		468.3		1,493.2		1,404.5
Accidental Death & Dismemberment	53.3		48.9		160.1		146.3
Supplemental and Voluntary
Voluntary Benefits	250.9		231.6		756.4		700.2
Individual Disability	144.6		140.0		433.9		475.4
Dental and Vision	83.1		81.4		248.1		243.4
	1,846.6		1,755.4		5,545.3		5,334.9

Unum International
Unum UK
Group Long-term Disability	107.6		111.3		319.9		319.4
Group Life	78.9		71.9		233.1		201.6
Supplemental	51.3		47.4		152.4		136.3
Unum Poland	53.8		50.5		162.2		141.6
	291.6		281.1		867.6		798.9


Colonial Life
Accident, Sickness, and Disability	251.6		247.5		758.9		743.7
Life	127.2		118.7		386.6		360.7
Cancer and Critical Illness	91.2		90.3		274.6		271.5
	470.0		456.5		1,420.1		1,375.9

Closed Block
Long-term Care	161.4		158.6		480.2		510.7
All Other	31.1		36.4		99.3		118.5
	192.5		195.0		579.5		629.2


Total Premium Income	$	2,800.7	$	2,688.0	$	8,412.5	$	8,138.9

Selected Operating Statement Data by Segment


	Three Months Ended September 30, 2026
	Unum US		Unum International		Colonial Life		Closed Block		Corporate		Total
	(in millions of dollars)
Premium Income	$	1,846.6	$	291.6	$	470.0	$	192.5	$	—	$	2,800.7
Net Investment Income	164.9		37.4		50.3		245.9		23.9		522.4
Other Income	65.2		2.1		0.5		9.6		—		77.4
Segment Adjusted Operating Revenue	2,076.7		331.1		520.8		448.0		23.9		3,400.5

Policy Benefits	1,191.0		219.2		226.0		378.8		6.4		2,021.4
Policy Benefits - Remeasurement Loss (Gain)	(46.3)		32.5		(47.5)		114.6		—		53.3
Commissions	219.3		28.5		102.8		14.4		—		365.0
Interest and Debt Expense	—		—		—		—		54.0		54.0
Deferral of Acquisition Costs	(94.2)		(6.8)		(87.3)		—		—		(188.3)
Amortization of Deferred Acquisition Costs	77.2		3.6		63.5		—		—		144.3
Other Segment Items1	414.4		53.9		93.9		75.8		9.2		647.2
Benefits and Expenses	1,761.4		330.9		351.4		583.6		69.6		3,096.9

Segment Adjusted Operating Income (Loss)	$	315.3	$	0.2	$	169.4	$	(135.6)	$	(45.7)	$	303.6
1For 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 the three months ended September 30, 2026 was $21.4 million, $6.1 million, $4.5 million, $1.6 million, and $2.1 million for our Unum US, Unum International, Colonial Life, Closed Block and Corporate segments, respectively.


	Three Months Ended September 30, 2025
	Unum US		Unum International		Colonial Life		Closed Block		Corporate		Total
	(in millions of dollars)
Premium Income	$	1,755.4	$	281.1	$	456.5	$	195.0	$	—	$	2,688.0
Net Investment Income	151.9		36.2		44.3		224.7		19.7		476.8
Other Income	65.5		2.9		0.6		16.3		0.3		85.6
Segment Adjusted Operating Revenue	1,972.8		320.2		501.4		436.0		20.0		3,250.4

Policy Benefits	1,048.1		214.7		223.3		363.3		—		1,849.4
Policy Benefits - Remeasurement Loss (Gain)	(151.9)		(19.7)		(12.0)		659.5		—		475.9
Commissions	195.8		26.1		96.7		16.6		—		335.2
Interest and Debt Expense	—		—		—		—		52.2		52.2
Deferral of Acquisition Costs	(83.3)		(5.5)		(84.7)		—		—		(173.5)
Amortization of Deferred Acquisition Costs	71.4		2.7		58.2		—		—		132.3
Other Segment Items1	405.9		57.7		94.4		78.9		15.5		652.4
Benefits and Expenses	1,486.0		276.0		375.9		1,118.3		67.7		3,323.9

Segment Adjusted Operating Income (Loss)	$	486.8	$	44.2	$	125.5	$	(682.3)	$	(47.7)	$	(73.5)

1For 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 the three months ended September 30, 2025 was $21.9 million, $5.9 million, $4.3 million, $1.5 million, and $0.1 million for our Unum US, Unum International, Colonial Life, Closed Block and Corporate segments, respectively.


	Nine Months Ended September 30, 2026
	Unum US		Unum International		Colonial Life		Closed Block		Corporate		Total
	(in millions of dollars)
Premium Income	$	5,545.3	$	867.6	$	1,420.1	$	579.5	$	—	$	8,412.5
Adjusted Net Investment Income1	479.0		109.2		147.2		701.1		64.0		1,500.5
Other Income	197.9		8.1		1.6		30.5		1.1		239.2
Segment Adjusted Operating Revenue	6,222.2		984.9		1,568.9		1,311.1		65.1		10,152.2

Policy Benefits	3,483.2		645.3		686.6		1,144.6		8.7		5,968.4
Policy Benefits - Remeasurement Loss (Gain)	(107.2)		36.6		(67.9)		250.0		—		111.5
Commissions	652.4		88.7		312.6		44.1		—		1,097.8
Interest and Debt Expense	—		—		—		—		160.4		160.4
Deferral of Acquisition Costs	(275.5)		(23.1)		(267.7)		—		—		(566.3)
Amortization of Deferred Acquisition Costs	216.8		9.7		187.4		—		—		413.9
Other Segment Items1,2	1,269.7		172.3		289.3		228.7		29.8		1,989.8
Benefits and Expenses	5,239.4		929.5		1,140.3		1,667.4		198.9		9,175.5

Segment Adjusted Operating Income (Loss)	$	982.8	$	55.4	$	428.6	$	(356.3)	$	(133.8)	$	976.7

1Excludes the impact of the strategic actions in the Corporate segment.
2For 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 the nine months ended September 30, 2026 was $64.1 million, $18.1 million, $13.3 million, $4.8 million, and $21.0 million for our Unum US, Unum International, Colonial Life, Closed Block and Corporate segments, respectively.


	Nine Months Ended September 30, 2025
	Unum US		Unum International		Colonial Life		Closed Block		Corporate		Total
	(in millions of dollars)
Premium Income	$	5,334.9	$	798.9	$	1,375.9	$	629.2	$	—	$	8,138.9
Net Investment Income	455.9		110.9		129.1		778.9		75.9		1,550.7
Other Income	195.4		3.3		1.3		38.3		—		238.3
Segment Adjusted Operating Revenue	5,986.2		913.1		1,506.3		1,446.4		75.9		9,927.9

Policy Benefits	3,297.6		576.9		675.9		1,204.2		—		5,754.6
Policy Benefits - Remeasurement Loss (Gain)	(246.0)		(21.4)		(23.3)		708.5		—		417.8
Commissions	605.2		73.6		292.6		50.5		—		1,021.9
Interest and Debt Expense	—		—		—		—		156.2		156.2
Deferral of Acquisition Costs	(253.7)		(16.4)		(250.9)		—		—		(521.0)
Amortization of Deferred Acquisition Costs	208.2		7.8		173.9		—		—		389.9
Other Segment Items1	1,240.8		168.1		279.5		168.3		40.2		1,896.9
Benefits and Expenses	4,852.1		788.6		1,147.7		2,131.5		196.4		9,116.3

Segment Adjusted Operating Income (Loss)	$	1,134.1	$	124.5	$	358.6	$	(685.1)	$	(120.5)	$	811.6

1For 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 the nine months ended September 30, 2025 was $64.4 million, $15.8 million, $12.5 million, $4.5 million, and $0.4 million for our Unum US, Unum International, Colonial Life, Closed Block and Corporate segments, respectively.

Assets by Segment


	September 30		December 31
	2026		2025
	(in millions of dollars)
Assets
Unum US	$	14,357.1	$	14,635.3
Unum International	3,673.2		3,648.0
Colonial Life	5,478.1		5,289.9
Closed Block	31,367.0		33,887.8
Corporate	6,431.6		6,058.4
Total Assets	$	61,307.0	$	63,519.4

Reconciliation of Total Revenue and Income Before Income Tax to Segment Adjusted Operating Revenue and Segment Adjusted Operating Income

A reconciliation of total revenue to "segment adjusted operating revenue" and income (loss) before income tax to "segment adjusted operating income (loss)" is as follows:


	Three Months Ended September 30				Nine Months Ended September 30
	2026		2025		2026		2025
	(in millions of dollars)
Total Revenue	$	2,547.5	$	3,378.4	$	9,272.7	$	9,831.4
Excluding:
Net Investment Gain (Loss)	(853.0)		128.0		(863.2)		(96.5)
Strategic Actions	—		—		(16.3)		—
Segment Adjusted Operating Revenue	$	3,400.5	$	3,250.4	$	10,152.2	$	9,927.9

Income (Loss) Before Income Tax	$	(549.4)	$	54.5	$	82.8	$	715.1
Excluding:
Net Investment Gain (Loss)
Net Investment Gain (Loss) Related to the Fortitude Re Reinsurance Transactions	(833.5)		137.6		(833.5)		(46.8)
Net Investment Loss, Other	(19.5)		(9.6)		(29.7)		(49.7)
Total Net Investment Gain (Loss)	(853.0)		128.0		(863.2)		(96.5)
Strategic Actions	—		—		(30.7)		—

Segment Adjusted Operating Income (Loss)	$	303.6	$	(73.5)	$	976.7	$	811.6

- Definition

Tabular disclosure of segment reporting. Includes, but is not limited to, reconciliation of reportable segment amount to corresponding consolidated total.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-31

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 34
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-34

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-32

Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 26C
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-26C

Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 26B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-26B

Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 26A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-26A

Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 15
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-15

+ Details