Unum Group (UNM) shares advanced 2.8% in Wednesday morning trading after Raymond James upgraded the stock to Strong Buy from ...
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Life Insurance International on MSNUnum America to cede LTC and IDI policies to Fortitude ReUnum America will transfer $3.4bn of individual LTC reserves and approximately $120m of IDI in-force premium to Fortitude Re.
Unum Group (NYSE: UNM) announced today that its Unum Life Insurance Company of America subsidiary (Unum America) has agreed ...
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Stocktwits on MSNUnum Stock Rises Pre-Market After $3.4B Long-Term Care Reinsurance Deal With Fortitude Re: Retail’s Yet To Be ImpressedShares of Unum Group (UNM) rose nearly 2% in Thursday’s pre-market session after announcing a $3.4 billion long-term care ...
BMO Capital raised the firm’s price target on Unum Group (UNM) to $102 from $95 and keeps an Outperform rating on the shares. Following the ...
Per the deal, Unum America will cede to Fortitude Re individual LTC insurance policies that represent 19% of UNM's total LTC block as well as a quota share of IDI policies reinsured from an ...
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 has transferred $3.4 billion of its insurance reserves to Fortitude Re under a new reinsurance partnership. The ...
Unum U.S. results saw continued sustainability ... which was further enhanced in 2024 without the need to fund LTC. As a result, we returned $1.3 billion to shareholders in the form of share ...
Unum Group (UNM) announced that its Unum Life Insurance Company of America subsidiary has agreed to enter into an agreement to cede to ...
representing 19% of total LTC statutory reserves Ceding a portion of multi-life individual disability insurance (IDI) business, representing 20% of Unum US in-force IDI premium “The transaction ...
At the closing of the transaction, Unum America will cede $3.4 billion of individual LTC reserves and approximately $120 million of IDI in-force premium to Fortitude Re, who will then retrocede ...
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