Unum Group Announces $3.4 Billion Long-Term Care Reinsurance Transaction with Fortitude Re
Unum Group (NYSE: UNM) announced today that its Unum Life Insurance Company of America subsidiary (Unum America) has agreed ...
Unum Group to cede $3.4B LTC reserves to Fortitude Re
Unum Group (UNM) to transfer $3.4B in LTC reserves and $120M in IDI premiums to Fortitude Re, targeting a $100M capital boost ...
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Unum Group to Reinsure Long-Term Care Reserves With Fortitude Re
UNM reinsures long-term care reserves and cede multi-life individual disability insurance business to Fortitude Re to focus on higher-returning core businesses.
insurancebusinessmag1d
Unum offloads billions in LTC & disability reserves to Fortitude Re
Unum has transferred $3.4 billion of its insurance reserves to Fortitude Re under a new reinsurance partnership. The ...
Unum Group announces $3.4B long-term care reinsurance deal with Fortitude Re
Unum Group (UNM) announced that its Unum Life Insurance Company of America subsidiary has agreed to enter into an agreement to cede to ...
Fortitude Re Announces Long-Term Care and Individual Disability Insurance Reinsurance Agreement with Unum Group
FGH Parent, L.P., (together with its subsidiaries, "Fortitude Re"), a leading global reinsurance company, today announced the ...
reinsurancene2d
Fortitude Re and Unum Group sign $3.4bn reinsurance transaction
Unum Group is set to cede $3.4 billion of individual long-term care (LTC) statutory reserves and approximately $120 million ...
Unum Group Subsidiary Enters $3.4B Reinsurance Transaction for Long-Term Care Reserves
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 ...
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Unum Stock Rises Pre-Market After $3.4B Long-Term Care Reinsurance Deal With Fortitude Re: Retail’s Yet To Be Impressed
Shares of Unum Group (UNM) rose nearly 2% in Thursday’s pre-market session after announcing a $3.4 billion long-term care ...
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Fortitude Re subsidiary signs reinsurance deal with Unum Life
Bermudian-based Fortitude Re has announced the signing of a reinsurance transaction between its subsidiary, Fortitude ...
Fortitude Reinsurance signs reinsurance transaction with Unum Group
FGH Parent announced the signing of a reinsurance transaction between its subsidiary, Fortitude Reinsurance Company and Unum Life Insurance ...
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Flywire Stock Gets A Price Target Cut From JPMorgan After Q4 Sales Miss: Retail Plays Contrarian
Payments enabler Flywire Corporation (FYLW) stock drew retail attention on Thursday after JPMorgan lowered its price target ...