Unum Group's Suppliers recorded an increase in sales by 9.39 % year on year in Q2 2026, sequentially sales grew by 4.92 %, Unum Group recorded an increase in cost of sales by 2.42 % year on year, sequentially cost of sales grew by 0.89 % in Q2.
Unum Group's Suppliers recorded an increase in sales by 9.39 % year on year in Q2 2026, sequentially sales grew by 4.92 %, Unum Group recorded increase in cost of sales by 2.42 % year on year, sequentially cost of sales grew by 0.89 % in Q2.
In the normal course of business, we assume reinsurance from and cede reinsurance
to other insurance companies. In a reinsurance transaction, a reinsurer agrees
to indemnify another insurer for part or all of its liability under a policy or
policies it has issued for an agreed upon premium. We undertake reinsurance transactions
for both risk management and capital management. If the assuming reinsurer in
a reinsurance agreement is unable to meet its obligations, we remain contingently
liable. In the event that reinsurers do not meet their obligations under the terms
of the reinsurance agreement, reinsurance recoverable balances could become uncollectible.
We evaluate the financial condition of reinsurers to whom we cede business and
monitor concentration of credit risk to minimize our exposure. We may also require
assets to be held in trust, letters of credit, or other acceptable collateral
to support reinsurance recoverable balances. The collectibility of our reinsurance
recoverable is primarily a function of the solvency of the individual reinsurers.
Although we have controls to minimize our exposure, the insolvency of a reinsurer
or the inability or unwillingness of a reinsurer to comply with the terms of a
reinsurance contract could have a material adverse effect on our results of operations.
In general, the maximum amount of life insurance risk retained by our U.S.
insurance subsidiaries and not ceded is $750,000 per covered life per policy
under a group or individual life policy and under a group or individual accidental
death and dismemberment policy. For Unum Limited life insurance risk, during
2013 we had reinsurance agreements which provided 50 percent coverage up to
£500,000 per covered life and 100 percent coverage per covered life above
that amount for the existing in-force block of group life business as well as
any new policies issued during the term of the agreements.
Unum Group's Comment on Supply Chain
In the normal course of business, we assume reinsurance from and cede reinsurance
to other insurance companies. In a reinsurance transaction, a reinsurer agrees
to indemnify another insurer for part or all of its liability under a policy or
policies it has issued for an agreed upon premium. We undertake reinsurance transactions
for both risk management and capital management. If the assuming reinsurer in
a reinsurance agreement is unable to meet its obligations, we remain contingently
liable. In the event that reinsurers do not meet their obligations under the terms
of the reinsurance agreement, reinsurance recoverable balances could become uncollectible.
We evaluate the financial condition of reinsurers to whom we cede business and
monitor concentration of credit risk to minimize our exposure. We may also require
assets to be held in trust, letters of credit, or other acceptable collateral
to support reinsurance recoverable balances. The collectibility of our reinsurance
recoverable is primarily a function of the solvency of the individual reinsurers.
Although we have controls to minimize our exposure, the insolvency of a reinsurer
or the inability or unwillingness of a reinsurer to comply with the terms of a
reinsurance contract could have a material adverse effect on our results of operations.
In general, the maximum amount of life insurance risk retained by our U.S.
insurance subsidiaries and not ceded is $750,000 per covered life per policy
under a group or individual life policy and under a group or individual accidental
death and dismemberment policy. For Unum Limited life insurance risk, during
2013 we had reinsurance agreements which provided 50 percent coverage up to
£500,000 per covered life and 100 percent coverage per covered life above
that amount for the existing in-force block of group life business as well as
any new policies issued during the term of the agreements.
UNM's Suppliers Net Income grew by
UNM's Suppliers Net margin grew in Q2 to
58.84 %
13.17 %
UNM's Suppliers Net Income grew by 58.84 %
UNM's Suppliers Net margin grew in Q2 to 13.17 %
Unum Group's Suppliers Sales Growth
in Q2 2026 by Industry
Sources:
Unum Group's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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