• Unum outlined a $3.8 billion external long-term care reinsurance deal, its second external LTC transaction and first stand-alone LTC risk transfer.
• Combined with the prior deal, more than $7 billion of LTC reserves have been reinsured, shrinking the closed block footprint.
• The transaction reinsures 100% of individual LTC reserves in Fairwind; $3.8 billion of statutory reserves, 26% of total LTC reserves.
• Post-transaction, GLTC represents about 70% of reserves and about 95% of insured lives, lowering sensitivities in the remaining block.
• Year-end 2026 outlook kept intact: holding company liquidity $1.5-$2 billion; leverage about 25%; RBC 400%-425%; capital uses about $1.5 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Unum Group published the original content used to generate this news brief on July 06, 2026, and is solely responsible for the information contained therein.