Unum Group(NYSE) UNMA

Unum Group (NYSE:UNM) helps workers who get sick or injured. These benefits provide money when employees cannot work. People get these plans through their employers to stay stable.

Where the Income Comes From

• Unum US: Provides disability, life, and supplemental benefits through employers; segment adjusted operating revenue was $2.08 billion in the second quarter of 2026.
• Unum International: Operates group long-term disability and life insurance in the United Kingdom and Poland; segment adjusted operating revenue was $334.2 million in the second quarter of 2026.
• Colonial Life: Offers accident, sickness, and life products through independent agents; segment adjusted operating revenue was $527.9 million in the second quarter of 2026.
• Closed Block: Manages older policy types no longer actively marketed, such as long-term care; segment adjusted operating revenue was $428.6 million in the second quarter of 2026.

Moving Risks to External Partners

• Planned a reinsurance agreement with Fortitude Reinsurance Company Ltd. in July 2026 to transfer $5.66 billion in assets.
• Completed a coinsurance deal with Fortitude Re in July 2025 for long-term care and individual disability product lines.
• Launched a new operating model in early 2026 involving $30.7 million in strategic expenses.
• Stopped allowing new people to join existing group long-term care plans in February 2026.

Scale and Digital Strategy

Unum Group maintains a leading position in workplace benefits across the United States and the United Kingdom. Founded in 1848, the company integrates digital enrollment tools with human capital management systems to simplify how employers handle benefits.

Tracking Recent Performance

• Net income was $256.9 million in the second quarter of 2026, down 23.5% year over year.
• Total revenue reached $3.37 billion in the second quarter of 2026, up 0.3% year over year.
• Share repurchases totaled $604.5 million during the first six months of 2026.
• Holding company liquidity was $1.54 billion as of June 30, 2026.

Bottom Line

Unum Group has evolved from a general insurer to a focused provider of workplace financial protection. By using reinsurance to manage older long-term care risks, the company aims to support a stable capital position for its core business segments.