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 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%.
CNO Financial Group (NYSE: CNO) has announced that it will release its third quarter 2024 results after market close on Thursday, October 31, 2024. The company will host a conference call to discuss the results on Friday, November 1, 2024, at 11:00 a.m. Eastern Time.
Investors can participate in the conference call by registering online, which will provide them with call details and a registrant ID. The call will also be broadcast live via webcast through the Investors section of CNO's website at ir.CNOinc.com. Participants are advised to register at least 15 minutes before the event starts.
For those unable to attend the live call, a replay will be available on the company's Investors section of the website.
CNO Financial Group, Inc. (NYSE: CNO) has appointed Jess Turner to its board of directors, effective immediately. Turner, currently serving as Executive Vice President and Global Head of Open Banking and API at Mastercard (NYSE: MA), brings significant fintech, financial services, and management experience to the board. Her appointment increases the CNO board size to nine directors.
Turner's expertise in tech-enabled customer experiences, digital product development, and technology security is expected to contribute to CNO's strategic growth priorities. At Mastercard, she leads the development of new products and technologies for open banking, driving innovation with key partners across the ecosystem. Her previous roles at Mastercard included leading strategy for blockchain, digital assets, crypto, and open banking products.
Washington National Insurance Company has introduced an enhanced Hospital Indemnity Insurance product for worksite and consumer customers. The new plan pays benefits for hospital stays due to covered accidents or sicknesses, including mental illness. Key features include:
1. Cash benefits for inpatient and outpatient care
2. Optional riders for customized coverage
3. Flexibility in benefit usage
4. Portability across jobs and into retirement
5. Consistent premiums
6. Guaranteed renewability
This product aims to provide financial protection against unexpected hospital stays, addressing the concern that nearly half of U.S. adults would struggle to pay a $500 medical bill without incurring debt.
CNO Financial Group (NYSE: CNO) has announced that its CEO, Gary C. Bhojwani, will be presenting at the 2024 KBW Insurance Conference. The event is scheduled for Thursday, September 5, at 9:50 a.m. EST, and will take place at the St. Regis New York.
Investors and interested parties can access a live video webcast of the presentation through CNO Financial Group's investor relations page. The webcast link provided is https://wsw.com/webcast/kbw109/cno/1588928.
This presentation offers an opportunity for stakeholders to gain insights into CNO Financial Group's strategies and outlook directly from its chief executive. The KBW Insurance Conference is a significant industry event, bringing together key players in the insurance sector.
CNO Financial Group (NYSE: CNO) has announced a quarterly cash dividend of $0.16 per share on its common shares. The dividend will be payable on September 24, 2024, to shareholders of record at the close of business on September 10, 2024. This announcement demonstrates CNO's commitment to returning value to its shareholders through regular dividend payments. The declaration of a dividend is often seen as a sign of financial stability and confidence in the company's future prospects.
CNO Financial Group reported strong Q2 2024 results, with net income up 66% to $116.3 million ($1.06 per diluted share) and operating earnings up 94% to $114.6 million ($1.05 per diluted share). Key highlights include:
- Total new annualized premiums up 4%, with Worksite Division up 18%
- Medicare Supplement NAP up 16%; Medicare Advantage policies sold up 78%
- Annuity collected premiums up 9%; Policyholder assets up 9%
- Book value per share up 30% to $22.80
- Return on equity of 19.9%; operating ROE of 11.2%
- $77.2 million returned to shareholders
CNO's CEO Gary C. Bhojwani noted strong performance across the board, with continued sales momentum, growing agent force, and strong underwriting margins. The company is raising full-year guidance on earnings and cash flow.