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Unum Insurance Ratings

Unum Insurance Ratings has been done by AM Best Rating Company, Fitch, Moody's, Standard & Poor with an overall of A+. The company's address is:

Unum Insurance Company
1 Fountain Square
Chattanooga, TN 37402-1330
USA
Ph: (207)-575-2211

Unum's subsidiary companies, Provident Life and Accident, Provident Life and Casualty, Unum Life of America, First Unum Life, Colonial Life and Accident, Paul Revere Life, Paul Revere Variable and Unum Limited have also had ratings. The Provident rating can be accessed on
http://www.investors.unum.com/phoenix.zhtml?c=112190&p=
irol-ratings. Unum Provident Life filed shelf registration to provide future flexibility for the organization. In June 2002, Unum Provident issued $400 million in new long-term debt to replace existing commercial paper and maturing medium-term notes. This caused nearly all of the remainder of UnumProvident's previous shelf registration to be utilized. A.M. Best expects the total debt to capital ratio-regardless of any future drawdown-to remain under 30 per cent. Coverage is expected to remain strong. UnumProvident continues to be the recognized leader in the individual and group disability income market.
This dominant position provides numerous advantages including claims management, underwriting and actuarial data over other competing companies. Additionally, UnumProvident, unlike some of its competitors, has the ability to market other complimentary products such as group life, long-term care and voluntary products. In each of these product lines, UnumProvident has a significant market presence.

Unum Insurance Ratings Life Rating

Unum Insurance Ratings Life Rating confirmation came on the back of the company's solid capitalization, and improved profitability. The rating agency noted that three of the company's segments - Unum U.S., Colonial Life and Unum U.K. - posted sales increases, though weighed down by stressed in-force premiums. The rating agency also believes that Unum has a superior financial flexibility with debt-to-capital ratio below 25 per cent, interest coverage more than eight times and cash and marketable securities of more than $750 million. Overall, headquartered in Chattanooga, Tennessee, Unum Group was created following the June 1999 merger of Provident Companies Inc. and Unum Corporation. Along with disability insurance, the company provides long-term care insurance, life insurance, employer and employee-paid group benefits and related services.

For more details, have a look at

Website: http://www.unum.com/

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