Fortitude Reinsurance will assume approximately $3.8B of statutory reserves for Unum Group’s individual long-term care business, more than doubling the scale of a relationship it began in 2025. The agreement is incremental-positive for Fortitude’s balance-sheet exposure within the long-term care reinsurance line, but it is unlikely to be market-moving beyond the relevant insurers.
Fortitude Reinsurance will assume approximately $3.8B of statutory reserves for Unum Group’s individual long-term care business, more than doubling the scale of a relationship it began in 2025. The agreement is incremental-positive for Fortitude’s balance-sheet exposure within the long-term care reinsurance line, but it is unlikely to be market-moving beyond the relevant insurers.
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mildly positive
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