Welcome to our dedicated page for Cno Finl Group news (Ticker: CNO), a resource for investors and traders seeking the latest updates and insights on Cno Finl Group stock.
CNO Financial Group, Inc. (NYSE: CNO) is a financial services company in the direct life and health insurance space that focuses on middle-income American consumers. Its news flow provides insight into how the company manages its insurance operations, capital, and community relationships.
Investors following CNO stock news will see regular updates on quarterly financial results, including net income, net operating income, insurance product margins, and return on equity measures. The company frequently reports trends in annuity collected premiums, life and health new annualized premiums, and performance in its Consumer and Worksite Divisions. These releases often highlight underwriting margins, investment income and capital management actions such as share repurchases and common stock dividends.
CNO news also covers strategic and operational developments. Recent disclosures describe reinsurance transactions executed through a wholly owned Bermuda reinsurance company, technology modernization efforts under the TechMod project, and decisions to streamline the Worksite Division by exiting fee-based services to focus on core insurance offerings. Investor briefings and division-focused presentations are announced through press releases and SEC Form 8-K filings.
Beyond financial reporting, CNO issues news about its role in the community, notably as title sponsor of the CNO Financial Indianapolis Monumental Marathon, Half Marathon and 5K. Coverage of this event highlights participation levels, competitive results and the company’s emphasis on health and wellness in central Indiana.
This page aggregates these types of updates so readers can review CNO’s earnings announcements, strategic actions, capital decisions and community sponsorships in one place. For those tracking CNO, revisiting this news feed helps provide context on how the company’s insurance and financial services activities evolve over time.
CNO Financial Group reported a strong second quarter for 2020, with a net income of $82.0 million or $0.57 per diluted share, a significant increase of 118% from $37.6 million in 2Q19. Net operating income also rose to $79.4 million or $0.55 per diluted share, up 15%. Direct-to-consumer sales surged 52% to a record $29.7 million. CNO returned $47.4 million to shareholders through share repurchases and dividends, decreasing shares outstanding by 10%. The company maintains strong capital and liquidity amidst the pandemic.
CNO Financial Group, Inc. (NYSE: CNO) will release its second quarter 2020 earnings after market close on August 4, 2020. A conference call to discuss the results will take place on August 5, 2020, at 10:00 a.m. Eastern Time. Investors can participate by registering for the call or through a live webcast available on the company’s website. A replay of the call will also be accessible afterwards. For further details, visit CNOinc.com.
Research from the Center for a Secure Retirement and Bankers Life reveals that only 54% of Americans are familiar with long-term care insurance, 48% with annuities, and 47% with Medicare Advantage. Amid COVID-19, 81% express retirement worries, with over half stating their planning has suffered. Younger adults show declining faith in Social Security, with only 36% under 55 expecting to rely on it, compared to 79% of those over 55. The survey emphasizes the need for better retirement education to ensure financial security in uncertain times.
Bankers Life, part of CNO Financial Group, launched the Security Builder® Indexed Annuity, aimed at protecting retirement funds while generating interest. This product responds to financial uncertainties heightened by COVID-19, offering benefits like higher returns, tax-deferred earnings, and principal safety. The annuity's value is linked to the S&P 500, ensuring the principal remains intact during market downturns. Available for ages 0-85, it is designed for those nearing retirement, complementing existing annuity offerings from Bankers Life.