The invention relates to a milling tool that is formed for the hobbing of a workpiece having cogs, such as cogwheels, racks and the like, and comprises a cylindrical tool body that defines a rotation axis and comprises a plurality of disc-shaped segments. Each one of the segments includes a hub part having two opposite plane-parallel end surfaces, which extend perpendicular to the rotation axis, and a peripheral cam having a plurality of tangentially spaced-apart milling inserts. Bordering segments are detachably interconnected by means of one each of male and female members co-operating in pairs. The male and female members are situated so that the rotation axis extends through the male and female members. The male and female members include each a contact surface, which converges from a big end toward a small end and which, in a cross-section across the rotation axis, forms an out-of-round curve. The contact surfaces of the male and female members are dimensioned so that they, when the male and female members are being brought together, direct their two bordering segments toward an end position that is centred and mutually angularly determined by the out-of-round cross-section curve around the rotation axis and where the plane-parallel end surfaces abut against each other. In addition, the invention relates to an individual segment as such.