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.
Unum Group price target raised to $103 from $90 at Keefe Bruyette
Keefe Bruyette raised the firm’s price target on Unum Group (UNM) to $103 from $90 and keeps an Outperform rating on the shares. The firm ...
insurancebusinessmag6h
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 price target raised to $85 from $75 at BofA
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 Royal Gazette22h
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 ...