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Unum America closes reinsurance transaction with Fortitude Re

Unum Life Insurance Company of America (Unum America) has concluded a reinsurance transaction with Fortitude Reinsurance Company. The deal was first announced in March 2025. The agreement involves ...
Business Wire

Unum Group Closes $3.4 Billion Long-Term Care Reinsurance Transaction with Fortitude Re

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 ...
Nasdaq

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 ...
Seeking Alpha

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 ...
The Royal Gazette

Fortitude Re subsidiary signs reinsurance deal with Unum Life

Bermudian-based Fortitude Re has announced the signing of a reinsurance transaction between its subsidiary, Fortitude Reinsurance Company Ltd, and Unum Life Insurance Company of America, which is a ...