July 6, 2026 12:31 PM GMT Unum Group | North America M Update Another Step Ahead What happened: This morning, Unum announced the reinsurance of $3.8 billion of individual LTC reserves to Fortitude Re, reducing total LTC reserves from $14.8 billion to $11.0 billion (26% of total LTC reserves or 52% of individual LTC reserves). Combined with the LTC reinsurance in February 2025 ($3.4 billion LTC reserves), Unum will have reduced its LTC reserves by ~40%. The reinsured block includes 50,000 policies with an av ...

Unum Group (NYSE:UNM) M&A announcement July 06, 2026 08:00 AM ET Speaker5 Thank you for standing by, and welcome to the Unum Close Block Update conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star followed by the number 1 on your telephone keypad. If you would like to withdraw your question, again, press star 1. Thank you. I'd now l ...

Global reinsurer Fortitude Re has signed a $3.8 billion long-term care (LTC) reinsurance transaction between its subsidiary, Fortitude Reinsurance Company Ltd. (FRL) and Unum Life Insurance Company of America (Unum), a subsidiary of Unum Group.Upon receipt of regulatory approvals and subject to satisfaction or waiver of certain other customary closing conditions, Unum will recapture an individual LTC block from its wholly-owned subsidiary, Fairwind Insurance Company.The reinsured block consists of approxima ...

$3.8 Billion LTC External Reinsurance Transaction Executing on our Closed Block Strategy July 6, 2026 SAFE HARBOR STATEMENT Certain information in this presentation constitutes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward- looking statements are those not based on historical information, but rather relate to our outlook, future operations, strategies, financial results, or other developments and speak only as of the date made. These forward ...

交易概述 - Unum Group 旗下子公司 Unum Life Insurance Company of America 已达成协议，将部分个人长期护理保险保单分保给 Fortitude Reinsurance Company [1] - 被分保的保单代表了 38 亿美元的法定准备金 [1] 交易细节 - 该交易预计将完成 [1]

Fortitude Re Announces $3.8 Billion Long-Term Care Reinsurance Agreement with Unum Group Fortitude Re Announces $3.8 Billion Long-Term Care Reinsurance Agreement with Unum Group Share HAMILTON, Bermuda--(BUSINESS WIRE)--Fortitude Re announced today the signing of a $3.8 billion reinsurance transaction between its subsidiary, Fortitude Reinsurance Company Ltd. ("FRLâ€) and Unum Life Insurance Company of America ("Unumâ€), a subsidiary of Unum Group (NYSE: UNM). Upon receipt of regulatory approvals and subjec ...