Unum, Reinsurance and Long-Term Care

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 reinsurance transaction with Fortitude Reinsurance Company. Unum said that its subsidiary Unum America will cede,
Unum Group Announces $3.4 Billion Long-Term Care Reinsurance Transaction with Fortitude Re
Unum Group announced today that its Unum Life Insurance Company of America subsidiary has agreed to enter into an agreement to cede to Fortitude Reinsurance Company Ltd., on a coinsurance basis, individual LTC insurance policies representing 19% of Unum's total LTC block and a quota share of IDI policies reinsured from an affiliate representing 20%
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
Unum Group to Reinsure Long-Term Care Reserves With Fortitude Re
Unum Group’s UNM subsidiary, Unum Life Insurance Company of America (“Unum America”), has agreed to enter into an agreement with Fortitude Reinsurance Company Ltd. (“Fortitude Re”), on a coinsurance basis,
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 Unum's total long-term care block and a quota share of IDI policies reinsured from an affiliate representing 20% of Unum's total in-force IDI premium.
Unum Group to cede $3.4B LTC reserves to Fortitude Re
Unum Group (NYSE:UNM) will cede $3.4B of individual long-term care (LTC) reserves and around $120M of individual disability insurance (IDI) in-force premium to Fortitude Re, who will then retrocede biometric risk to a  global reinsurer.
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