Reinsure additional IDI business
Delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 17 Dec 2020
- Due
- 31 Mar 2021
- Delivered
- 31 Mar 2021
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“Additional IDI business, consisting of direct business not ceded at the first closing in December 2020 and business assumed by Unum from third parties, will be reinsured in the first quarter of 2021”
What we found
Evidence strength A What the grades mean
The 10-Q filed in November 2021 says the second phase of the reinsurance transaction was completed on March 31, 2021, covering a substantial portion of the remaining IDI business, effective January 1, 2021.
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A Unum 10-Q filed 2021-11-03
“On March 31, 2021, we completed the second phase of the reinsurance transaction, pursuant to which the ceding companies and Commonwealth amended and restated their respective reinsurance agreements” ✓ confirmed on the page
Market reaction: the shares moved -0.4% against the S&P 500 over the three sessions around the disclosure (2 Nov 2021 to 5 Nov 2021). What this measures
Checked 21 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Transaction other
- Indicative materiality
- Medium rules
- Action
- Reinsure
- Deliverable
- additional IDI business
- Language
- Firm (“will”, “on track to”)
- In the company’s control
- Medium
- Specificity
- High
- Conditional
- Yes: subject to receipt of required consents and regulatory approvals
- Depends on
- Regulatory, Partner
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Claude (Anthropic), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Gemini (Google), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2020-UNM-019666 · Corrections policy