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Unum 2010 Annual Report
23
December 31, 2010
Gross Total
Policy Claim Reserves Reinsurance Total
(in millions of dollars) Reserves % Incurred IBNR % Total Ceded Net
Group Disability $ — —% $ 7,480.2 $ 590.2 33.2% $ 8,070.4 $ 69.4 $ 8,001.0
Group Life and Accidental
Death & Dismemberment 72.9 0.5 783.7 152.8 3.8 1,009.4 1.5 1,007.9
Individual Disability —
Recently Issued 534.5 3.9 1,005.1 99.9 4.5 1,639.5 88.3 1,551.2
Long-term Care 3,867.1 27.9 391.6 38.5 1.8 4,297.2 47.8 4,249.4
Voluntary Benefits 1,060.3 7.7 24.1 59.0 0.4 1,143.4 24.8 1,118.6
Unum US Segment 5,534.8 40.0 9,684.7 940.4 43.7 16,159.9 231.8 15,928.1
Unum UK Segment 26.6 0.2 2,057.6 142.7 9.0 2,226.9 105.6 2,121.3
Colonial Life Segment 1,318.0 9.5 228.9 78.6 1.3 1,625.5 17.8 1,607.7
Individual Disability —
Closed Block Segment 1,249.1 9.0 10,335.3 309.6 43.7 11,894.0 1,457.4 10,436.6
Corporate and Other Segment 5,703.8 41.3 364.7 196.9 2.3 6,265.4 4,860.1 1,405.3
Subtotal, Excl. Unrealized Adj. $13,832.3 100.0% $22,671.2 $1,668.2 100.0% $38,171.7 $6,672.7 $31,499.0
Unrealized Adjustment to Reserves
for Unrealized Gain on Securities 3,108.3 159.0 2,949.3
Consolidated $41,280.0 $6,831.7 $34,448.3
December 31, 2009
Gross Total
Policy Claim Reserves Reinsurance Total
(in millions of dollars) Reserves % Incurred IBNR % Total Ceded Net
Group Disability $ — —% $ 7,685.3 $ 586.1 33.6% $ 8,271.4 $ 73.7 $ 8,197.7
Group Life and Accidental
Death & Dismemberment 70.2 0.5 748.4 163.3 3.7 981.9 1.8 980.1
Individual Disability —
Recently Issued 516.5 3.9 949.5 91.2 4.2 1,557.2 87.5 1,469.7
Long-term Care 3,376.8 25.5 350.1 36.7 1.6 3,763.6 50.2 3,713.4
Voluntary Benefits 996.5 7.5 21.6 44.2 0.3 1,062.3 21.2 1,041.1
Unum US Segment 4,960.0 37.4 9,754.9 921.5 43.4 15,636.4 234.4 15,402.0
Unum UK Segment 26.8 0.2 2,096.8 161.5 9.2 2,285.1 113.1 2,172.0
Colonial Life Segment 1,234.2 9.3 232.9 87.7 1.3 1,554.8 24.7 1,530.1
Individual Disability —
Closed Block Segment 1,376.8 10.4 10,290.9 330.5 43.2 11,998.2 1,438.2 10,560.0
Corporate and Other Segment 5,649.5 42.7 455.7 253.3 2.9 6,358.5 4,902.0 1,456.5
Subtotal, Excl. Unrealized Adj. $13,247.3 100.0% $22,831.2 $1,754.5 100.0% $37,833.0 $6,712.4 $31,120.6
Unrealized Adjustment to Reserves
for Unrealized Loss on Securities 1,644.7 127.2 1,517.5
Consolidated $39,477.7 $6,839.6 $32,638.1