Moody’s reviews UnumProvident ratings
Moody's Investors Service has placed the credit ratings of UnumProvident Corporation (senior debt at Ba1) and the insurance financial strength ratings (Baa1) of UNUM Life Insurance Company of America and the company's other operating life insurance subsidiaries on review for possible downgrade.
Moody's said that the primary reason for placing the ratings on review was the heightened event risk associated with the issues concerning broker compensation in the employee benefit market. TheOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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