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Unum Group ( (UNM) ) has issued an update.
On July 1, 2025, Unum Group announced the completion of a significant transaction with Fortitude Reinsurance Company Ltd., as outlined in their Master Transaction Agreement from February 26, 2025. This transaction involved Unum Life Insurance Company of America ceding a 100% quota share of its closed block individual long-term care business and individual disability business to Fortitude Reinsurance, impacting $3.4 billion in statutory reserves and $120 million of in-force premium respectively, effective January 1, 2025.
The most recent analyst rating on (UNM) stock is a Buy with a $66.00 price target. To see the full list of analyst forecasts on Unum Group stock, see the UNM Stock Forecast page.
Spark’s Take on UNM Stock
According to Spark, TipRanks’ AI Analyst, UNM is a Outperform.
Unum Group’s overall stock score of 75 reflects its solid financial foundation and attractive valuation. The company’s commitment to dividend growth and strategic initiatives provides additional strength. While technical indicators are mixed, the company’s strong capital position and growth outlook support a positive investment case.
To see Spark’s full report on UNM stock, click here.
More about Unum Group
Unum Group operates in the insurance industry, primarily offering life and disability insurance products. The company focuses on providing financial protection benefits and services to individuals and businesses.
Average Trading Volume: 1,375,984
Technical Sentiment Signal: Buy
Current Market Cap: $14.31B
See more data about UNM stock on TipRanks’ Stock Analysis page.