Fortitude Re closes $3.4bn long-term care reinsurance transaction with Unum

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Reinsurance News - Jul 02, 2025

Fortitude Re has closed a reinsurance transaction between its subsidiary, Fortitude Reinsurance Company Ltd. (FRL) and Unum Life Insurance Company of America (Unum), a subsidiary of Unum Group. Consistent with the agreement announced earlier this year, Unum will cede to FRL, effective as of January...

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