Unum Group cedes $3.8B in LTC reserves to Fortitude Re
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Unum Group Announces $3.8 Billion Long-Term Care Reinsurance Transaction with Fortitude Re
July 6, 2026 6:00 AM EDTTransaction reinsures $3.8 billion of long-term care (LTC) statutory reserves, representing 26% of total LTC reserves and 52% of individual LTC reserves, each as of March 31, 2026 Combined with the LTC reinsurance transaction announced in 2025, cumulative reduction in Unum's total LTC statutory reserves is approximately 40% Covers 100% of remaining individual LTC policies reinsured to Fairwind Capital strength and capital deployment priorities remain unchanged
CHATTANOOGA, Tenn.--(BUSINESS WIRE)-- Unum Group (NYSE: UNM) announced today that its Unum Life Insurance Company of America subsidiary (Unum America) has entered into an agreement... More
