Unum Group (NYSE: UNM) announced today that its Unum Life Insurance Company of America subsidiary ("Unum America") has entered into an agreement to cede to Fortitude Reinsurance Company Ltd.

Unum Group UNM said Monday it has agreed to reinsure $3.8 billion of long-term care (LTC) statutory reserves with Fortitude Reinsurance Company Ltd., marking another step in its strategy to reduce ...

With its July 6 agreement to assume approximately $3.8 billion in statutory reserves of Unum Group's individual long-term care business, reinsurer Fortitude Reinsurance Company Ltd. will more than ...

HAMILTON, Bermuda--(BUSINESS WIRE)--FGH Parent, L.P., (together with its subsidiaries, “Fortitude Re”), a leading global reinsurance company, today announced the ...

In this article, I'll be updating on Unum Group (UNM), a company I looked at about two months back. I want to reiterate some of the risks and challenges I saw and the valuation risks that are ...

Fortitude Re announced today the signing of a $3.8 billion reinsurance transaction between its subsidiary, Fortitude Reinsurance Company Ltd. ("FRL") and Unum Life Insurance Company of America ("Unum" ...

CHATTANOOGA, Tenn.--(BUSINESS WIRE)-- Unum Group (NYSE: UNM) announced today that its Unum Life Insurance Company of America subsidiary (Unum America) has agreed to enter into an agreement to cede to ...

Unum Group (NYSE: UNM) announced today that its Unum Life Insurance Company of America subsidiary (“Unum America”) has entered into an agreement to cede to Fortitude Reinsurance Company Ltd.

Reinsuring $3.4 billion of statutory long-term care (LTC) reserves, representing 19% of total LTC statutory reserves Ceding a portion of multi-life individual disability insurance (IDI) business, ...

CHATTANOOGA, Tenn.--(BUSINESS WIRE)-- Unum Group (NYSE: UNM) announced today that its Unum Life Insurance Company of America subsidiary (Unum America) closed its previously announced reinsurance ...