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Bermudian-based Fortitude Re announced has signed a $3.8 billion long-term care reinsurance transaction with Unum Life Insurance Company of America. Upon receipt of regulatory approvals and subject to satisfaction or waiver of certain other customary...

The deal involves $3.4 billion of individual long-term care statutory reserves

Greta Hager is to become CFO and Kai Talarek is to become chief growth and optimisation officer

James Bracken starts in his new role on July 1