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Carlyle-backed Fortitude Re signs USD 3.8 billion long-term care reinsurance deal with Unum

PUBT·07/06/2026 10:11:14
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Carlyle-backed Fortitude Re signs USD 3.8 billion long-term care reinsurance deal with Unum
  • Fortitude Re, backed by The Carlyle Group, signed a USD 3.8 billion long-term care reinsurance deal with Unum.
  • Unum plans to recapture an individual LTC block from its Fairwind unit, then cede it to Fortitude Re, pending regulatory approvals.
  • Fortitude Re expects to retrocede 100% of the insurance risk to a highly rated global reinsurer, keeping spread-based risk.
  • The transaction is expected to add to Carlyle’s fee-earning assets under management.


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. The Carlyle Group Inc. published the original content used to generate this news brief on July 06, 2026, and is solely responsible for the information contained therein.