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Unum Group (UNM) said its Unum Life Insurance Company of America subsidiary entered into an agreement to cede certain individual long-term care (LTC) insurance policies representing $3.8B of statutory ...
In this article, I'll be updating on Unum Group (UNM), a company I looked at about two months back. I want to reiterate some of the risks and challenges I saw and the valuation risks that are ...
AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) for the members of Unum Insurance Group. These ...
OLDWICK, N.J.--(BUSINESS WIRE)-- AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings ...
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 ...
Reinsuring $3.4 billion of statutory long-term care (LTC) reserves, representing 19% of total LTC statutory reserves Ceding a portion of multi-life individual disability insurance (IDI) business, ...
Transaction 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 ...