Unum Group (NYSE: UNM) announced today that its Unum Life Insurance Company of America subsidiary (Unum America) has agreed ...
Unum Group (UNM) to transfer $3.4B in LTC reserves and $120M in IDI premiums to Fortitude Re, targeting a $100M capital boost ...
FGH Parent, L.P., (together with its subsidiaries, "Fortitude Re"), a leading global reinsurance company, today announced the ...
Unum has transferred $3.4 billion of its insurance reserves to Fortitude Re under a new reinsurance partnership. The ...
Unum Group (UNM) announced that its Unum Life Insurance Company of America subsidiary has agreed to enter into an agreement to cede to ...
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 ...
Unum Group is set to cede $3.4 billion of individual long-term care (LTC) statutory reserves and approximately $120 million ...
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 ...
Shares of Unum Group (UNM) rose nearly 2% in Thursday’s pre-market session after announcing a $3.4 billion long-term care ...
Bermudian-based Fortitude Re has announced the signing of a reinsurance transaction between its subsidiary, Fortitude ...
Unum U.S. results saw continued sustainability ... which was further enhanced in 2024 without the need to fund LTC. As a result, we returned $1.3 billion to shareholders in the form of share ...
Unum Group (NYSE:UNM ... 2024 was the first year in many years that LTC did not consume any capital. The actions we took in 2023 to fund this block and our expectation of not needing to put ...