Unum Group (UNM): Business Model Canvas [Dec-2025 Updated]

You're looking for a clear, data-driven map of Unum Group's business model as of late 2025, and honestly, their strategic de-risking and digital focus are the key stories here. After years of managing legacy risks, the firm is clearly doubling down on core protection, evidenced by $2.69 billion in net premiums earned in Q3 2025, all while managing significant payouts like the $8.0 billion in benefits paid out in 2024. This canvas breaks down exactly how they are structuring their Key Activities and Partnerships-like the deal with Fortitude Re-to support their Value Proposition of comprehensive workplace financial protection. Dive in below to see the full nine blocks detailing how Unum Group is positioning itself for the next decade.

Unum Group (UNM) - Canvas Business Model: Key Partnerships

You're mapping out Unum Group's strategic alliances, the necessary external relationships that make the whole operation run smoothly. These partnerships are critical for risk management, distribution reach, and technology enablement.

Fortitude Re for ceding $3.4 billion of LTC reserves

Unum Life Insurance Company of America, a subsidiary of Unum Group, closed a reinsurance transaction with Fortitude Reinsurance Company Ltd. (FRL) in 2025.

• Unum ceded $3.4 billion of individual long-term care (LTC) statutory reserves.
• This cession represented 19% of Unum Group's total LTC block.
• Approximately $120 million of multi-life individual disability insurance (IDI) in-force premium was also ceded.
• The IDI cession represented 20% of Unum Group's in-force IDI premium.
• The transaction, effective January 1, 2025, was expected to drive a $100 million capital benefit for Unum Group.

Workday as a Strategic Wellness Partner for benefits integration

Unum Group was named a Strategic Workday Wellness Partner in January 2025. Unum has been a Workday partner since 2019.

Unum Group serves over 500 shared customers across six innovative solutions with Workday. This partnership is supported by Unum's internal team of Workday Certified consultants.

Unum's Market View Report from September 2025 indicated that 93% of employers agree on the importance of integrating HR and benefits data, and 87% plan to invest in data integration. Unum was the first carrier to receive a Workday Certified Integration designation.

Broker and consultant distribution networks for group sales

Unum Group relies on a strong distribution system of independent agents, benefit counselors, and broker partnerships to deliver its integrated offering in the group core market segment (employee groups with fewer than 2,000 employees), the large case segment, and the supplemental and voluntary segment.

For the Unum US segment in 2022, Group Disability premium income accounted for 45.4%. Unum International also sells products primarily through independent brokers and consultants.

Technology partners for digital claims and leave management platforms

Unum combines its platform with best-in-class technologies to support cloud-based leave and absence management, enabling modern digital experiences.

Partner Platform	Integration Focus Area
Workday HCM	Streamline leave and absence management; Strategic Wellness Partner integration
ADP Workforce Now	Save time by integrating Unum benefits
UKG Pro® and UKG Dimensions®	Sync benefits and absence data

Investment banks for senior notes offering, like Goldman Sachs

In November 2025, Unum Group completed an offering of $300 million aggregate principal amount of senior notes due in 2035 with an annual coupon rate of 5.250%. The net proceeds were used to repay $275 million of 3.875% senior notes that matured on November 5, 2025.

The joint active book-running managers for the November 2025 offering included Goldman Sachs & Co. LLC, PNC Capital Markets LLC, U.S. Bancorp Investments, Inc., and Wells Fargo Securities, LLC.

In a June 2021 offering of $600 million senior notes due 2051, Goldman Sachs & Co. LLC, BofA Securities, Inc., and J.P. Morgan Securities LLC served as joint active book-running managers.

For context, Unum Group reported revenues of more than $12.9 billion in 2024 and paid approximately $8.0 billion in benefits.

Finance: review the impact of the $300 million November 2025 senior notes on the Q4 2025 debt maturity profile by next Tuesday.

Unum Group (UNM) - Canvas Business Model: Key Activities

The core of Unum Group's business involves the meticulous underwriting and pricing of its core group disability and life products. This activity is supported by recent performance, with core operations showing a 2.9 percent premium growth on a constant currency basis in the third quarter of 2025. You saw strong demand supporting this, as group long-term disability sales increased by 13.1 percent year-over-year in the fourth quarter of 2024.

Active capital management is a critical function, ensuring liquidity and returning value. Unum Group returned approximately $980 million to shareholders year-to-date 2025 as of the third quarter. This return included a share repurchase of $250 million and common stock dividends of $78.3 million during the third quarter alone. To be fair, another report covering the first nine months of 2025 indicated a total capital return of nearly $1,000,000,000, comprised of $750,000,000 in share repurchases and $230,000,000 in dividends.

Managing the Closed Block's long-term care (LTC) liabilities remains a key activity, though significantly de-risked. Unum Group closed a major reinsurance transaction with Fortitude Re in 2025, ceding individual LTC insurance policies representing 19% of Unum's total LTC block. This involved ceding $3.4 billion of individual LTC reserves and approximately $120 million of in-force individual disability insurance (IDI) premium, which is 20% of the total in-force IDI premium. This action is expected to generate an estimated $100 million capital benefit. Separately, annual GAAP reserve assumption updates completed in Q3 2025 resulted in an after-tax net reserve increase of $377.8 million.

Digital integration with Human Capital Management (HCM) systems drives efficiency in service delivery. In the UK operations, the employer portal launched in 2024 saw adoption where 82% of claims are now submitted and processed online. Also, the Help@hand digital service facilitated over 290,000 wellbeing interactions in 2024. This focus on digital tools helps streamline the process for busy HR departments.

The final, essential activity is claims processing and benefit payments. Unum Group paid a total of $8.0 billion in benefits in 2024 to help navigate unexpected life moments. For context on the UK market, Unum UK paid a record £516 million in group protection claims in 2024, which is almost equivalent to £10 million paid out each week.

Here's a quick look at some of the key financial and operational metrics supporting these activities:

Metric	Value	Period/Context
Total Benefits Paid	$8.0 billion	2024
Shareholder Returns (YTD)	$980 million	Year-to-Date 2025 (as of Q3 2025)
LTC Reserves Ceded	$3.4 billion	2025 Fortitude Re Transaction
LTC Block Percentage Ceded	19%	2025 Fortitude Re Transaction
Core Operations Premium Growth	2.9 percent	Q3 2025 (Constant Currency)
UK Claims Paid	£516 million	2024
Digital Claims Submission Rate (UK)	82%	2024 (Employer Portal)

The strength of the balance sheet underpins these activities, with holding company liquidity at $2.0 billion and a weighted average risk-based capital ratio of approximately 455 percent as of September 30, 2025, both well above target levels.

• Book value per common share excluding AOCI grew to $77.39 as of September 30, 2025.
• After-tax adjusted operating income for Q3 2025 was $357.1 million.
• Traditional U.S. life insurance company statutory operating earnings were approximately $300 million in Q3 2025, adjusted for the LTC reinsurance transaction.
• Unum UK's Help@hand service saw over 290,000 interactions in 2024.

Finance: draft 13-week cash view by Friday.

Unum Group (UNM) - Canvas Business Model: Key Resources

When you look at the foundation of Unum Group, you see a business built on significant financial strength and established market presence. These aren't just abstract concepts; they are hard numbers that back up their ability to operate and grow.

The capital position is definitely a cornerstone. As of the third quarter of 2025, Unum Group maintained a very strong balance sheet. You'll want to note the holding company liquidity, which stood at $1,982.4 million on September 30, 2025, which management confirmed they plan to keep above $2.0 billion. That's a substantial cushion.

This capital strength is also reflected in their regulatory standing. The weighted average Risk-Based Capital (RBC) ratio for their traditional U.S. insurance companies was approximately 455% as of Q3 2025. That's well above their stated target of ending the year with greater than 425% RBC. Here's the quick math: a high RBC ratio signals a deep buffer against unexpected losses, which is crucial in the insurance space.

Here's a snapshot of that capital and liquidity position:

Metric	Amount (Q3 2025)
Holding Company Liquidity	$1,982.4 million
Weighted Average RBC Ratio (Traditional U.S. Insurers)	455%
Target Year-End RBC Ratio	Above 425%

The investment portfolio is another vital resource, generating the necessary net investment income to support operations. While net investment income figures vary slightly depending on the reporting segment and adjustments, the underlying portfolio is clearly a significant asset. For instance, the Unum US segment reported net investment income of $151.9 million for the third quarter of 2025, and the Unum International segment reported $36.2 million for the same period. This income stream helps fund operations and provides capital flexibility.

Brand recognition is less about a single number and more about market penetration and customer trust, which translates into premium growth. The established Unum and Colonial Life brands are key to securing new business. Colonial Life, for example, posted an adjusted operating income of $116.6 million in Q3 2025, showing the ongoing profitability supported by that brand equity.

Finally, Unum Group relies heavily on its proprietary data and technology infrastructure to administer its complex leave and benefits offerings efficiently. Management specifically highlighted technology initiatives that are driving engagement and retention, such as:

• HR Connect platform deployment.
• Total Leave technology supporting premium growth.
• Driving strong persistency in core lines.

These digital assets help manage the in-force block and support the company's premium growth targets, which management aims to keep in the 3-6% range.

Finance: draft 13-week cash view by Friday.

Unum Group (UNM) - Canvas Business Model: Value Propositions

You're looking at the core reasons why employers and employees choose Unum Group for their benefits needs as of late 2025. It's about delivering financial certainty when life gets uncertain, and making the administration of those benefits far less painful for HR teams.

Comprehensive workplace financial protection (disability, life, supplemental)

Unum Group provides a broad suite of protection products, evidenced by the premium income generated across its segments in early 2025. For the first quarter ended March 31, 2025, the group disability line of business reported premium income of $782.8 million.

The supplemental and voluntary line of business also showed significant scale, with premium income reaching $483.7 million for the same period in Q1 2025. Furthermore, the third quarter of 2025 showed the supplemental and voluntary line maintaining strong premium income at $453.0 million.

Customer retention, a key indicator of value in insurance, remains high in core areas; for instance, persistency in the group long-term disability product line was 92.1 percent for the first three months of 2025.

Here's a quick look at some key persistency rates for the first nine months of 2025:

Product Line	Persistency (First Nine Months 2025)
Group Long-Term Disability	92.3 percent
Group Life	90.2 percent
Supplemental Product Line	93.6 percent
Group Short-Term Disability (Q1 2025)	87.5 percent

Integrated leave and absence management support (Total Leave)

Unum Total Leave® is positioned to streamline absence management for HR professionals and simplify leave for employees. This addresses a major pain point, as a survey found that 72% of employers report their leave management overall is somewhat, very, or extremely challenging.

The data suggests employers are looking for better solutions; in a January 2025 survey, 44% of employers rated their leave offerings as 'Comprehensive,' while 48% rated them as 'Average.' Also, the employer likelihood to consider outsourcing leave has increased 20% since the prior year.

Simplified benefits enrollment and administration for employers

Unum Group focuses on integrating its services with major HR platforms to reduce administrative burden. The company serves over 500 shared customers across six innovative solutions with Workday, a key partner in this integration effort.

This focus on data flow is critical, as 93% of employers agree that integrating HR and benefits data is important to their success, and 87% plan to invest in that data integration.

The Employer Portal is a concrete example of this simplification, handling 82% of relevant claims and over half of absence referrals.

Financial security backed by 175+ years of operation

The longevity of Unum Group provides a foundation of trust. The company has been helping workers and their families thrive for more than 175 years.

Financial strength is a key component of this security. As of the second quarter of 2025, Unum Group maintained holding company liquidity of $2.0 billion and a risk-based capital ratio of 485 percent, well above industry benchmarks.

The scale of their operations in 2024 supports this: Unum Group reported revenues of $12.9 billion and paid approximately $8.0 billion in benefits.

Personalized employee benefits experience via AI-powered solutions

Unum Group is actively using AI to enhance service delivery and personalization. For its internal client support center, AskUnum, an AI-powered solution reduced response times to just four to five seconds.

This technology is being adopted by employees; more than 90% of AskUnum employees are now using the AI tool, which addresses 75% of contract-related questions, freeing up staff for more complex, personalized support.

The partnership with Workday for Workday Wellness, an AI-powered solution, aims to use real-time data to help organizations deliver more tailored employee benefits.

• AI tools reduce claim processing times.
• AI-generated results address 75% of contract-related questions.
• The AI solution at AskUnum reduced response times to 4 to 5 seconds.

Finance: draft 13-week cash view by Friday.

Unum Group (UNM) - Canvas Business Model: Customer Relationships

You're looking at how Unum Group (UNM) keeps its clients-both the employers buying the policies and the employees using the benefits-engaged and satisfied. This is all about making sure those relationships last, which is key in the insurance business where persistency is everything. Unum Group helps nearly 47 million people and 178,000 companies rely on their benefits and expertise as of 2025. Their 2024 revenue was over $12.9 billion, showing the scale of these relationships.

Dedicated account management for large employers

For your largest clients, Unum Group focuses on solving their most pressing operational headaches. For instance, in 2024, 42% of large employers reported an increase in leaves taken, which definitely puts pressure on HR teams. To address this, Unum Group positions itself as a leader in leave management, aiming to empower employers with informed decisions. It's about providing competitive insights and ensuring benefits maximize employee experience, which 8 in 10 employers agree is important.

Broker/consultant-led sales and service model

Unum Group markets its products primarily through brokers and sales partners. They actively support this channel with tools designed to deepen client relationships. For example, the launch of Unum Broker Connect for Employee Navigator, which expanded deep integration with platforms brokers use, led to substantial increases in sales with new and existing clients utilizing Employee Navigator throughout 2024. Partners get competitive compensation, development, and responsive field-office support to help their business succeed.

Digital self-service tools for employees and claimants

The focus here is on replacing manual tasks with streamlined, automated processes to help overburdened HR teams focus on people. Digital capabilities are central to the employee experience, offering tools that simplify administration and deliver personalized support. These digital benefits aim to provide:

• Faster onboarding.
• Streamlined enrollment.
• Digitized employee information.
• Automated claim processing.
• Employee-centered leave experience.

High-touch claims support during critical life events

When a claim happens, the support needs to be empathetic and efficient. While specific high-touch support metrics aren't listed, the operational focus on claims is evident in financial reporting. For instance, in the first half of 2025, the Group Disability benefit ratio was 62.2%, up from 59.1% in the prior year period, driven by lower recoveries. This indicates active management of the claims lifecycle, which is critical during those life events. The company also emphasizes its effectiveness in claims operational processes as a key factor in its success.

Long-term relationship management to drive persistency

Persistency, or the rate at which existing business renews, is the ultimate measure of a successful long-term relationship. Unum Group tracks this closely across its product lines. You can see the year-over-year changes in persistency for the first half of 2025 compared to the first half of 2024:

Product Line	Persistency (H1 2025)	Persistency (H1 2024)
Group Long-Term Disability	92.3%	92.7%
Group Short-Term Disability	88.2%	91.8%
Group Life	89.7%	92.1%
Accidental Death and Dismemberment (AD&D)	88.3%	91.6%
Supplemental	93.0%	89.4%
Dental and Vision	82.4%	81.1%
Voluntary Benefits	76.4%	76.3%
Individual Disability	88.0%	89.0%

The supplemental product line showed a significant improvement in retention, moving from 89.4% in H1 2024 to 93.0% in H1 2025. For the first nine months of 2025, Group Life persistency improved to 90.2% from 88.6% the prior year. Maintaining these rates, despite market challenges, is defintely a priority. Finance: draft 13-week cash view by Friday.

Unum Group (UNM) - Canvas Business Model: Channels

You're mapping out how Unum Group gets its protection products to the working world, and it's a mix of direct segment execution and reliance on external partners. The channels are segmented by the operating unit, which dictates the primary distribution path for those specific products.

Here is a snapshot of the scale of premium and sales flowing through the main operating channels as reported for the second quarter of 2025:

Segment/Product Line	Metric	Amount (Q2 2025)
Unum US Segment (Total Premium Income)	Premium Income	$1,798.6 million
Unum US - Group Disability	Premium Income	$797.1 million
Unum US - Supplemental and Voluntary	Premium Income	$482.3 million
Colonial Life Segment	Sales	$126.5 million
Unum International (UK)	Premium Income	£166.9 million
Unum International Segment	Sales	$65.0 million

The Unum US segment, which generates more than $\mathbf{65\%}$ of the group's total premium income, relies heavily on its established employer-sponsored distribution network. The Group Disability line, a core offering, brought in $\mathbf{\$797.1}$ million in premium income in the second quarter of 2025.

The Colonial Life segment channels its voluntary benefits offerings directly to the workplace, showing sales of $\mathbf{\$126.5}$ million in the second quarter of 2025. Its persistency for the first half of 2025 was $\mathbf{78.5\%}$.

Unum International, covering UK and Poland operations, uses its own sales force and local broker relationships to place its group long-term disability and group life products. For the second quarter of 2025, Unum International sales totaled $\mathbf{\$65.0}$ million. The Unum UK line reported premium income of $\mathbf{£166.9}$ million in the same period.

Independent brokers and employee benefits consultants remain a critical conduit for Unum Group's products, especially in the larger employer markets. Globally, the channel dynamic shows that traditional agents and brokers maintain the largest market share at approximately $\mathbf{55\%}$ of total premium volume as of late 2025, though this share has declined from $\mathbf{65\%}$ five years prior. Unum Group has historically supported this channel, for instance, by creating a Small Business Consultant role in 2020 to focus on customers with less than $\mathbf{50}$ employees.

Direct digital integration with employer HR platforms is a growing focus area, aiming to streamline administration for clients. Unum uses its Unum HR Connect platform to achieve this seamless data exchange. This platform is designed to integrate with leading Human Resource Information Systems (HRIS) providers, including:

• Workday HCM
• ADP Workforce Now
• UKG Pro

Unum has been an innovator in this space, with over $\mathbf{7}$ years of experience in HCM integration as of late 2022. This digital channel is growing fast; globally, digital platforms are the fastest-growing distribution channel at $\mathbf{12.3\%}$ year-over-year as of late 2025.

Unum Group (UNM) - Canvas Business Model: Customer Segments

You're looking at the core groups Unum Group serves to generate its revenue, which is primarily through employer-sponsored benefits.

US and UK employers of all sizes (primary client)

Unum Group markets its products primarily through the workplace to employers in the United States and the United Kingdom. The scale of this client base is significant, with nearly 178,000 companies relying on Unum Group's benefits expertise as of a recent report.

Working individuals and their families (ultimate policyholders)

The ultimate beneficiaries are the working individuals and their families who receive financial protection. Unum Group helps nearly 47 million people and their families gain access to essential benefits like disability, life, and accident coverage through the workplace. This represents the total insured population base across all segments.

Small to mid-sized businesses seeking voluntary benefits (Colonial Life)

The Colonial Life segment specifically targets the small to mid-sized business market with voluntary worksite benefits. This market segment is vast; businesses with fewer than 500 employees represent 99.9% of all U.S. companies. For the second quarter of 2025, the Colonial Life segment reported total sales of $126.5 million, marking a 2.9% increase year-over-year. For the full year 2024 context, Colonial Life accounted for 17.0% of the consolidated premium income.

Existing Closed Block policyholders (LTC and individual disability)

This segment consists of legacy policies, notably Long-Term Care (LTC) and individual disability insurance, where Unum Group has been actively managing risk through reinsurance transactions. As of the second quarter of 2025, this segment's adjusted operating income was $3.9 million. The LTC business still has substantial reserves, with 31,000 individual LTCI policies reinsured to Fortitude Re backed by $3.4 billion in reserves. Furthermore, Unum Group retains 85,000 individual life policies on its books.

Here's a quick look at the latest reported financial contribution and scale for the operating segments that serve these customers as of Q2 2025, where available:

Segment	Metric	Value (Q2 2025)	Comparison/Context
Unum US	Adjusted Operating Income	$124.8 million	Down 18.5% from Q2 2024
Unum US	Group Disability Premium Income	$782.8 million	Up 0.4% for the three months ended March 31, 2025 (Q1 2025)
Colonial Life	Total Sales	$126.5 million	Up 2.9% from Q2 2024
Colonial Life	Adjusted Operating Income	$117 million	Premiums grew by 3.6%
Unum UK	Premium Income	£166.9 million	Up 9.9% from Q2 2024
Closed Block	Adjusted Operating Income	$3.9 million	Down from $51.6 million in Q2 2024 (excluding certain items)

You can see the Closed Block's impact on overall returns, even as the core businesses show activity. For instance, Unum US total sales were $262.4 million in Q2 2025, a 16.2% decline from the prior year.

• Unum Group total assets stood at $62,843.8 million as of June 30, 2025.
• Total stockholders' equity was $11,320.0 million at June 30, 2025.
• The Closed Block is estimated to represent about ~40% of book equity, equating to approximately $4.8 billion excluding AOCI.
• Individual disability persistency for the first half of 2025 was 88.0 percent.

Finance: draft 13-week cash view by Friday.

Unum Group (UNM) - Canvas Business Model: Cost Structure

You're looking at the core expenses Unum Group incurs to keep its promises and run its operations as of late 2025. These numbers reflect the scale of their commitment to policyholders and the cost of maintaining their market position.

The largest cost component, policy benefits paid to claimants, is substantial, reflecting the core insurance promise. For the first quarter of 2025, consolidated policy benefits including remeasurement gain totaled $1,871.0 million. For context on the scale, Unum Group reported paying approximately $8.0 billion in benefits for the full year 2024.

Operating expenses, which cover administration, technology, and personnel, show a significant year-over-year increase. For the twelve months ending September 30, 2025, Unum Group's operating expenses were $11.907B, representing a 12.75% increase year-over-year. Looking at the Unum US segment for Q1 2025, other expenses (which include administrative and personnel costs) were $423.3 million for the quarter.

The cost associated with protecting the balance sheet through reinsurance is clearly itemized. Specifically, the after-tax amortization of the cost of reinsurance for the third quarter of 2025 was $38.3 million. The Closed Block segment alone saw an exclusion for the amortization of the cost of reinsurance of $48.6 million in Q3 2025.

Interest expense on debt is a necessary cost of capital. While the full 2025 interest expense isn't immediately available, Unum Group completed a $300 million offering of senior notes due in 2035 with a 5.250% annual coupon rate in November 2025. This new debt replaced $275 million of senior notes that matured on November 5, 2025. The Total Interest Expense for the full year 2024 was $201 million.

Sales commissions and distribution costs are tied to premium generation. For the Unum US segment in the first quarter of 2025, commissions were $205.6 million, offset by the deferral of acquisition costs of ($84.7 million), with an amortization of deferred acquisition costs of $65.2 million. Unum US premium income for that quarter was $1,780.9 million.

Here is a summary of the key cost components identified, using the most granular 2025 data available:

Cost Component	Specific Metric/Period	Amount (USD)
Policy Benefits Paid (Consolidated)	Q1 2025	$1,871.0 million
Operating Expenses (Consolidated TTM)	Twelve Months Ended September 30, 2025	$11.907B
Cost of Reinsurance Amortization (After-Tax)	Q3 2025	$38.3 million
Interest Expense (Total Annual Proxy)	Full Year 2024	$201 million
Sales Commissions (Unum US)	Q1 2025	$205.6 million

You can see the expense structure is dominated by claims and general operations. The recent debt issuance is a refinancing activity, not necessarily a new cost driver, but the coupon rate of 5.250% on the new notes sets a current borrowing cost benchmark. Finance: draft 13-week cash view by Friday.

Unum Group (UNM) - Canvas Business Model: Revenue Streams

The revenue streams for Unum Group (UNM) are fundamentally driven by the collection of premiums for its suite of employee benefits products, supplemented by returns generated from its substantial investment portfolio. You see this structure clearly when looking at the latest reported figures from late 2025.

The trailing twelve-month revenue, as of September 30, 2025, was reported at $13.068 billion. This top-line figure is composed of the core insurance operations and investment activities.

For the third quarter of 2025, the primary component, Premium Income from insurance policies, reached $2.69 billion, matching analyst estimates for that metric. This figure reflects the ongoing demand for their market-leading offerings, as noted by management.

The overall revenue breakdown for the third quarter of 2025 shows how these streams combine:

Revenue Component (Q3 2025)	Amount (USD)
Premium Income	$2.69 billion
Net Investment Income (Total)	$476.8 million
Other Income (Fees and Other Income)	$85.6 million

Net Investment Income from the investment portfolio provides a significant secondary revenue source. For the third quarter of 2025, total Net Investment Income was $476.8 million, though this represented a year-over-year change of -9.7% based on one analyst comparison. The performance of this stream is closely tied to the size and yield of the invested assets, which the company manages actively.

Fees and Other Income, categorized as Other Income in the revenue reporting, contributed $85.6 million in the third quarter of 2025, showing a year-over-year increase of +16.8%. This stream includes administrative service fees and other miscellaneous income sources.

You can see where the premium income is generated across the major operating segments for Q3 2025:

• Unum US Segment Premium Income: $1,755.4 million.
• Colonial Life Segment Premium Income: $456.5 million.
• Unum International Segment Premium Income: $281.1 million.
• Closed Block Segment Premium Income: $158.6 million.

To be fair, the investment income component also varies by segment, showing the diversification of asset deployment. For instance, the Colonial Life Segment reported Net Investment Income of $44.3 million, up 11.9% year-over-year. The Unum International Segment saw its Net Investment Income rise 19.1% to $36.2 million.

Finance: draft 13-week cash view by Friday.