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

In a report released today, Elyse Greenspan from Wells Fargo maintained a Buy rating on Unum Group (UNM – Research Report), with a price target ...

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 ...

Bermudian-based Fortitude Re has announced the signing of a reinsurance transaction between its subsidiary, Fortitude ...

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

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

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 (UNM) to transfer $3.4B in LTC reserves and $120M in IDI premiums to Fortitude Re, targeting a $100M capital boost ...

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 ...

New York State Common Retirement Fund lessened its holdings in shares of Unum Group (NYSE:UNM – Free Report) by 6.8% during ...

Unum Group's (NYSE: UNM) President & CEO, Rick McKenney, along with EVP and CFO, Steve Zabel, will represent the company at the 46th Annual Raymond James Institutional Investor Conference.