Unum Group Q1 2026 Earnings Recap

Unum shares rose 3.3% following first quarter 2026 results, as the company delivered top- and bottom-line growth above market expectations, led by robust U.S. Group and supplemental benefits sales. Strong earnings in group life and momentum across both core and Colonial Life businesses contributed positively to the market reaction.

Key Takeaways

• First quarter after-tax adjusted operating earnings totaled $353 million, with operating EPS of $2.14, up nearly 10% year-over-year.
• U.S. Group business saw standout results: sales climbed 22%, persistency was strong at 92%, and segment earnings exceeded $220 million with high ROE.
• Supplemental and voluntary product lines posted 20% year-over-year sales growth, underpinned by digital platforms and employer demand for broader benefits.
• Colonial Life delivered record earnings, supported by premium growth and attractive returns in the worksite market.
• Unum International saw mixed performance: Poland maintained strong growth, but U.K. results were pressured by elevated benefits costs.