Unum Group (UNM) Form 8-K — Jul 6, 2026
Unum Group announced a material definitive agreement with Fortitude Reinsurance Company Ltd. to reinsure a $3.8 billion block of individual long-term care statutory reserves. The transaction involves the transfer of assets and cash valued at approximately $5.7 billion and is expected to close during 2026, subject to regulatory approval.
Key figures
- Cash Position
- $1.5 billion to $2.0 billion
- Deal Value Usd
- 3800000000
- Rbc Ratio
- 400-425%
- Leverage Ratio
- 25%
- Pla Cover Cap Usd
- 125000000
- Policies Reinsured
- 50000
- Assets Transferred Usd
- 5700000000
- Reinsured Reserves Usd
- 3800000000
- Remaining Ltc Reserves Usd
- 11000000000
Price after filing
1 day: -0.3%7 days: -0.1%30 days: +2.1%
Close on the filing date to close N calendar days later (from $89.51). Historical, not a forecast.
AI analysis
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