By a News Reporter-Staff News Editor at Insurance Weekly News -- Investigators publish new report on Risk Management. According to news reporting out of Lyngby, Denmark, by VerticalNews editors, the research stated, "May roundabouts be safer for cyclists than intersections? How are safe roundabouts designed? This paper tries to answer these questions on the basis of a before-after safety study of conversions of intersections to 255 single-lane roundabouts in Denmark. The before-after study accounts for long-term accident and injury trends and regression-to-the-mean effects."

Our news journalists obtained a quote from the research, "In order to relate safety effects for cyclists of various roundabout design features it is crucial to split the converted sites by speed limit, because safety effects for both cyclists and other road users of converting intersections to roundabouts depend heavily on speed limits on roads entering the converted sites. If speed limits are 70 km/h or higher then converting intersections to roundabouts have resulted in bicycle safety improvements in Denmark. Results show that diameter and height of central islands and type of bicycle facilities at single-lane roundabouts have considerable impacts on cyclists' safety. Central island diameters of 20-40 m are safer for cyclists than smaller or larger roundabouts. A central island, which middle is elevated 2 m or more above the circulating lane, is safer for cyclists than single-lane roundabouts with lower central islands. Single-lane roundabouts with separate cycle paths, where cyclists must yield to motorists entering or exiting the roundabout, are safer than roundabouts with cycle lanes."

According to the news editors, the research concluded: "Single-lane roundabouts are safer for cyclists than intersections regardless of speed limits when these roundabouts have high central islands and/or separate cycle paths."

For more information on this research see: Safe roundabouts for cyclists. Accident Analysis and Prevention, 2017;105():30-37. Accident Analysis and Prevention can be contacted at: Pergamon-Elsevier Science Ltd, The Boulevard, Langford Lane, Kidlington, Oxford OX5 1GB, England. (Elsevier - www.elsevier.com; Accident Analysis and Prevention - www.journals.elsevier.com/accident-analysis-and-prevention/)

Our news journalists report that additional information may be obtained by contacting S.U. Jensen, Trafitec, DK-2800 Lyngby, Denmark.

Keywords for this news article include: Lyngby, Denmark, Europe, Risk Management.

Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2017, NewsRx LLC

HAMILTON, Bermuda--(BUSINESS WIRE)--
Fortitude Re announced today the signing of a $3.8 billion reinsurance transaction between its subsidiary, Fortitude Reinsurance Company Ltd. (“FRL”) and Unum Life Insurance Company of America (“Unum”), a subsidiary of Unum Group (NYSE: UNM).

Upon receipt of regulatory approvals and subject to satisfaction or waiver of certain other customary closing conditions, Unum will recapture from Fairwind Insurance Company ("Fairwind"), a wholly-owned subsidiary of Unum, an individual long-term care ("LTC") block representing approximately $3.8 billion of statutory reserves in Fairwind (or approximately $4.5 billion of Unum best estimate reserves) and cede the block to FRL, further building on the successful transaction between Fortitude Re and Unum announced last year.

Unum will continue to service and administer the reinsured policies. Simultaneously with the closing of the reinsurance transaction with Unum, FRL will enter into an agreement to retrocede 100% of the LTC insurance risks to a highly rated global reinsurance partner. FRL will thereby retain only the underlying spread-based risks associated with this block of business.

“We are pleased to again partner with Unum and value the trust they have placed in our team,” said Kai Talarek, Chief Growth & Optimization Officer, Fortitude Re. “We also appreciate the support of our strategic partner Carlyle, whose investment expertise helps ensure we optimize the risk-adjusted return of the investments that back the promises we are making to our clients and their policyholders."

“This reinsurance agreement demonstrates how our client-centric approach drives highly customized solutions tailored to meet client needs,” said Russell Gao, Head of U.S. Origination & Strategy, Fortitude Re. “We thank Unum for its trust, collaboration and continued partnership.”

Sidley Austin LLP served as legal counsel to Fortitude Re.

About Fortitude Re

Fortitude Re refers to FGH Parent, L.P. and its subsidiaries. Fortitude Re is a leading global reinsurer with more than $100 billion in reserves. Backed by world-class investors, including Carlyle and T&D Insurance Group, Fortitude Re combines deep expertise, disciplined execution, and a strong capital base to help clients navigate significant risk and capital challenges. Powered by a people-first culture that attracts, develops, and retains top industry talent, the company delivers innovative, tailored solutions that create lasting value for clients, partners, and policyholders. For more information, visit fortitude-re.com and follow Fortitude Re on LinkedIn.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260706456464/en/

Media Contact: Mary Beth Conklin

423-596-1449

[email protected]

Source: Fortitude Re