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Posted by
Two Blokes Jul 3 -
Filed in
Stock
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5 views
Unum's reinsurance deal with Fortitude Re reduces long-term care risk, unlocking capital and accelerating its transformation beyond legacy insurance challenges. I value UNM based on its core business, excluding the Closed Block, and see $49 per share as the relevant book value for investors. Recent earnings were mixed due to higher claims and weak alternative investments, but I expect these issues to be temporary with improving returns ahead.
