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 (NYSE: CNO) has recognized Paul Richard as its Volunteer of the Year for his outstanding work with the Alzheimer's Association Greater Indiana Chapter. Richard, an IT senior solution architect with 26 years at CNO, received a $10,000 donation for the organization where he has volunteered for over 10 years.
As the event experience chair for the Indianapolis Walk to End Alzheimer's, Richard helped grow the event to become the fourth largest Alzheimer's Walk nationwide. Additionally, through CNO's annual Invested in Giving Back® program, now in its seventh year, the company donated a total of $180,000 to 12 nonprofit organizations in 2025.
The selected organizations include various chapters of the Alzheimer's Association, Bridgeport Rescue Mission, Cradles to Crayons Philadelphia, Gleaners, Greater Birmingham Humane Society, Greater Chicago Food Depository, Misty Meadows Mitey Riders, Riley Children's Foundation, St. Jude Children's Research Hospital, Veterans Outreach of Wisconsin, and Wounded Warrior Project.
Optavise, a leading employee benefits services provider, has launched Optavise Clear, a comprehensive solution aimed at simplifying employee benefits management. The announcement was made by Karen DeToro, president of CNO Financial Group's Worksite Division.
The launch addresses significant market demand, with research showing 73% of employees seeking more benefits education and 68% finding online resources very helpful. The solution offers year-round support including:
- Benefits education and enrollment support
- Medicare advocacy services
- Healthcare decision guidance
- Foundational communications for better healthcare understanding
- A unified digital platform
- Direct access to live experts through a dedicated phone line
The service focuses on providing personalized guidance and support during critical moments, aiming to improve employee satisfaction and reduce costs through better benefits understanding and utilization.
CNO Financial Group (NYSE: CNO) has announced three key updates: First, its Board of Directors approved an additional $500 million for share repurchases, adding to the existing $240.3 million remaining capacity as of December 31, 2024. The repurchase program will be implemented through open market purchases, private transactions, or tender offers.
Second, the company declared a quarterly cash dividend of $0.16 per share, payable March 24, 2025, to shareholders of record as of March 10, 2025.
Third, CNO scheduled its annual shareholder meeting for May 8, 2025, at 8:00 a.m. ET, to be held virtually. Shareholders of record as of March 10, 2025, will be able to participate, vote, and submit questions during the virtual meeting.
Bankers Life has announced its 2025 list of Top Women Financial Advisors (TWFA), recognizing 37 top-performing women financial advisors from Bankers Life Securities, Inc. and Bankers Life Advisory Services, Inc. This marks the largest class since the program's inception in 2022.
The recognition is based on specific production and client service criteria that advisors must achieve annually. The company demonstrates its commitment to women in financial services through initiatives like the Women's Leadership and Networking Committee (WLNC), which focuses on mentorship and career development. The WLNC offers various programs including Advancing Financial Advisors, the Superwoman Summit, and the Making Mentors program.
CNO Financial Group reported strong financial results for Q4 and full year 2024. Net income in Q4 2024 reached $166.1 million ($1.58 per diluted share), compared to $36.3 million ($0.32 per share) in Q4 2023. Full-year 2024 net income was $404.0 million ($3.74 per share), up from $276.5 million ($2.40 per share) in 2023.
Key highlights include: 7% increase in total new annualized premiums, 16% growth in Worksite Division NAP, and 13% rise in annuity collected premium. The company returned $349.3 million to shareholders in 2024, a 50% increase from 2023. ROE reached 16.4%, with Operating ROE at 11.9%. The company's statutory risk-based capital ratio was estimated at 383% as of December 31, 2024.
CNO Financial Group (NYSE: CNO) has announced it will release its fourth quarter 2024 financial results after market close on Thursday, February 6, 2025. The company will hold a conference call to discuss the results at 11:00 a.m. Eastern Time on Friday, February 7, 2025.
Investors can participate through two methods: dial-in registration or webcast. For the dial-in option, participants must register in advance to receive call details and a registrant ID. The webcast will be accessible through the Investors section of CNO's website at ir.CNOinc.com, with participants advised to join 15 minutes before the event. A replay of the conference call will be available on the company's investor relations website.
CNO Financial Group (NYSE: CNO) has appointed Joel Koehneman as Chief Accounting Officer, effective January 21, 2025. Koehneman will report to Chief Financial Officer Paul McDonough and brings 16 years of experience from PricewaterhouseCoopers' audit practice, where he specialized in life insurance clients and served as lead Director on two life insurance company audits.
Prior to joining CNO, Koehneman worked as a Finance Director at CDW He holds both bachelor's and master's degrees in accounting from the University of Illinois and is a Certified Public Accountant. He will succeed Michellen Wildin, who will remain with the company until April 1, 2025, to ensure a smooth transition.
CNO Financial Group has announced its Board of Directors' declaration of a quarterly cash dividend of $0.16 per share on common shares. This represents the company's 50th consecutive quarterly dividend payment. The dividend will be paid on December 24, 2024, to shareholders recorded as of December 10, 2024.
The 2024 CNO Financial Indianapolis Monumental Marathon set multiple records with over 16,000 participants from 50 states and 30+ countries. Lindsey Bradley won the women's marathon with a new course record of 2:31:46, breaking the previous record by nearly four minutes. The half marathon saw new records from Chandler Gibbens (1:02:25) and Emma Grace Hurley (1:08:25). The event marked its 12th consecutive sellout and featured the largest marathon field ever with over 5,000 finishers. More than 240 participants ran for various charitable causes through the Run for a Cause program.
CNO Financial Group reported third quarter 2024 results with net income of $9.3 million ($0.09 per diluted share), compared to $167.3 million ($1.46 per diluted share) in 3Q23. Net operating income was $119.2 million ($1.11 per diluted share), up from $101.3 million ($0.88 per diluted share) in 3Q23. The company achieved record annuity collected premiums, with a 25% increase, and reported strong Medicare sales growth. Key highlights include a 15% increase in Medicare Supplement new premiums, 26% growth in Medicare Advantage sales, and agent count increases of 5% and 17% in Consumer and Worksite divisions respectively. The company's statutory risk-based capital ratio was estimated at 388%.