secwatch.observer — SEC 8-K summary
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Issuer:     Unum Group (UNM)
CIK:        0000005513
Form:       8-K
Filed at:   2025-07-02T23:59:59+00:00
Accession:  0000005513-25-000109
Event type: other_material
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

Unum closes reinsurance deal ceding $3.4B in LTC reserves and $120M disability premium to Fortitude Re
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- Closed coinsurance transaction effective Jan 1, 2025; recorded as of July 1, 2025.
- Ceded 100% quota share of $3.4 billion in long-term care statutory reserves.
- Also ceded 100% quota share of individual disability business with ~$120 million in-force premium.
- Transaction previously announced on Feb 26, 2025 under Master Transaction Agreement.
- Reinsurer is Fortitude Reinsurance Company Ltd., a Bermuda-based reinsurer.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/5513/000000551325000109/0000005513-25-000109-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/5513/000000551325000109/unm-20250701.htm
  HTML page:      https://secwatch.observer/filing/0000005513-25-000109

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