A $3.8 billion LTC reinsurance deal reduces exposure by 40%, removes all individual LTC from Fairwind, and improves risk profile. The $650 million cost is offset by capital and tax benefits, with no change to capital return plans. Closing is expected in 2026.Based on Unum Group [UNM] M&A announceme…
A $3.8 billion LTC reinsurance deal reduces exposure by 40%, removes all individual LTC from Fairwind, and improves risk profile. The $650 million cost is offset by capital and tax benefits, with no change to capital return plans. Closing is expected in 2026.
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