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 $3.4B 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 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 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 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,
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5 Reasons the Middle Class Aren’t Planning for Long-Term Care Insurance
When it comes to talking about healthcare as families, particularly for those who are younger in age, financial planning for ...
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Money Talk: Planning for long-term care expenses
Greater longevity means more years to enjoy retirement but also increases the fear of needing assistance with activities that ...
American Association of Individual Investors7d
Understanding the Role of Long-Term Care Insurance
You pay premiums for long-term care insurance over a period of years. You then trigger benefits when you need assistance with at least two of the six activities of daily living (ADLs) or when you have ...
CT lawmakers seek to regulate long-term care costs: ‘An injustice we need to fix’
Under the bill, some long-term care insurance policyholders could deduct the total amount of premiums paid over the course of ...
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Older households at risk of not being able to afford long-term care, analysis finds
Even with health insurance, many older adults are vulnerable to the costs associated with long-term care, according to a recent analysis.
Morningstar2d
Fortitude Re Announces Long-Term Care and Individual Disability Insurance Reinsurance Agreement with Unum Group
$3.4 billion of individual long-term care (“LTC”) statutory reserves and approximately $120 million of Unum Group’s multi-life individual disability insurance (“IDI”) in-force premium.
The Taipei Times10d
KMT proposing new long-term care insurance system
Taiwan should transition to a new insurance-based model of long-term care, Chinese Nationalist Party (KMT) Chairman Eric Chu ...
The Times Leader4d
East Ohio Regional Hospital closing long term care facility
In the most recent update to a flurry of cuts, East Ohio Regional Hospital plans to meet with the Belmont County auditor to ...