Unum Group (NYSE:UNM) will cede $3.4B of individual long-term care (LTC) reserves and around $120M of individual disability ...

Unum Group (NYSE: UNM) announced today that its Unum Life Insurance Company of America subsidiary (Unum America) has agreed ...

Shares of Unum Group (UNM) rose nearly 2% in Thursday’s pre-market session after announcing a $3.4 billion long-term care ...

Per the deal, Unum America will cede to Fortitude Re individual LTC insurance policies that represent 19% of UNM's total LTC block as well as a quota share of IDI policies reinsured from an ...

Unum has transferred $3.4 billion of its insurance reserves to Fortitude Re under a new reinsurance partnership. The ...

BofA raised the firm’s price target on Unum Group (UNM) to $85 from $75 and keeps a Neutral rating on the shares after the company announced a ...

The provider of workplace benefits and services said Unum Life Insurance Company of America agreed to cede, on a coinsurance basis, individual long-term care insurance policies representing 19% of ...

Unum Group is set to cede $3.4 billion of individual long-term care (LTC) statutory reserves and approximately $120 million ...

UNM reinsures long-term care reserves and cede multi-life individual disability insurance business to Fortitude Re to focus on higher-returning core businesses.

Unum Group (UNM) announced that its Unum Life Insurance Company of America subsidiary has agreed to enter into an agreement to cede to ...

At the closing of the transaction, Unum America will cede $3.4 billion of individual LTC reserves and approximately $120 million of IDI in-force premium to Fortitude Re, who will then retrocede ...