Moody's Ratings rates Unum’s senior notes Baa2, stable outlook
New York , November 20, 2024 - Moody's Ratings (Moody's) has assigned a Baa2 rating to the $400 million of senior unsecured notes issued by Unum Group (Unum, NYSE: UNM) due 2041. The notes are a drawdown and dissolution of Hill City Funding Trust which is Unum's Pre-Capitalized Trust Securities (P-C...Unum Group is an insurance holding company. Through its subsidiaries, the company is a provider of financial protection benefits in the United States and the United Kingdom. The company has three segments: Unum US, which includes group long-term and short-term disability products, group life and accidental death and dismemberment products, and supplemental and voluntary lines of business, including individual disability and dental and vision products; Unum International, which includes its operations in the United Kingdom and Poland; and Colonial Life, which includes accident, sickness, and disability products, including dental and vision products, life products, and cancer and critical illness products.
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