OverviewSuggest Edit

CNO Financial Group, Inc. is a holding company for a group of insurance companies operating throughout the United States that develop, market and administer health insurance, annuity, individual life insurance and other insurance products. The Company manages its business through the following operating segments: Bankers Life, Washington National, and Colonial Penn. Bankers Life, which markets and distributes Medicare supplement insurance, interest-sensitive life insurance, traditional life insurance, fixed annuities and long-term care insurance products to the middle-income senior market through a dedicated field force of career agents, financial and investment advisors, and sales managers supported by a network of community-based sales offices. Washington National, which markets and distributes supplemental health (including specified disease, accident and hospital indemnity insurance products) and life insurance to middle-income consumers at home and at the worksite. These products are marketed through Performance Matters Associates and through independent marketing organizations and insurance agencies including worksite marketing. The products being marketed are underwritten by Washington National Insurance Company. This segment's business also includes certain closed blocks of annuities and Medicare supplement policies which are no longer being actively marketed by this segment and were primarily issued or acquired by Washington National.

TypePublic
Founded1979
HQCarmel, US
Websitecnoinc.com
Employee Ratings2.8

Latest Updates

Employees (est.) (Dec 2018)3,300
Job Openings57
Revenue (FY, 2016)$4 B(+5%)
Share Price (Mar 2019)$15.7 (-3%)

Key People/Management at CNO Financial Group

Gary C. Bhojwani

Gary C. Bhojwani

CEO
Bruce Baude

Bruce Baude

Chief Operations and Technology Officer
Yvonne K. Franzese

Yvonne K. Franzese

Chief Human Resources Officer
Scott L. Goldberg

Scott L. Goldberg

President, Bankers Life
Mike Heard

Mike Heard

President, Washington National
Erik Helding

Erik Helding

CFO
Show more

CNO Financial Group Office Locations

CNO Financial Group has an office in Carmel
Carmel, US (HQ)
11825 N Pennsylvania St
Show all (1)
Report incorrect company information

CNO Financial Group Financials and Metrics

CNO Financial Group Revenue

CNO Financial Group's revenue was reported to be $3.99 b in FY, 2016 which is a 4.5% increase from the previous period.
USD

Net income (FY, 2018)

(315.0m)

Market capitalization (22-Mar-2019)

2.5b

Closing stock price (22-Mar-2019)

15.7
CNO Financial Group's current market capitalization is $2.5 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2018

Revenue

4.1b3.8b4.0b

Revenue growth, %

(7%)(8%)5%

EBIT

304.8m175.1m367.7m

EBIT margin, %

4%10%
Quarterly
USDQ3, 2013Q2, 2014Q3, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q2, 2017Q3, 2017

Revenue

1.1b967.0m959.5m904.5m960.4m1.0b1.0b1.1b1.1b

Operating expense total

886.8m852.1m919.9m921.2m966.6m928.6m949.4m

Interest expense

25.3m23.9m27.7m28.9m29.4m31.4m30.1m

Pre tax profit

72.7m52.4m40.5m82.7m49.3m128.5m129.9m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2018

Accounts Receivable

Inventories

26.2b

Total Assets

34.8b31.2b31.1b32.0b

Accounts Payable

11.0b
Quarterly
USDQ3, 2013Q2, 2014Q3, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q3, 2018

Inventories

27.3b26.0b26.4b26.9b27.1b27.4b

Total Assets

33.9b31.0b31.0b31.5b32.4b32.7b

Accounts Payable

11.1b11.4b11.1b11.4b

Total Liabilities

29.1b30.1b26.3b27.8b27.8b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

478.0m51.4m270.7m358.2m

Inventories

Accounts Payable

Cash From Operating Activities

121.8m743.9m759.5m
Quarterly
USDQ3, 2013Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q3, 2018

Net Income

46.8m33.8m45.5m59.9m18.6m62.3m

Cash From Operating Activities

472.1m(123.9m)122.5m330.4m336.5m581.5m141.0m278.5m

Cash From Investing Activities

(723.8m)(273.6m)(27.9m)

Long-term Borrowings

(114.4m)(43.1m)(19.8m)(797.1m)
Show all financial metrics

CNO Financial Group Operating Metrics

FY, 2014FY, 2015FY, 2016

Agents

4.80 k4.50 k4.20 k

Collections

$3.43 b$3.40 b$3.61 b

Locations

300 300 300
Show all operating metrics

CNO Financial Group Revenue Breakdown

Embed Graph

CNO Financial Group revenue breakdown by business segment: 67.2% from Bankers Life, 23.4% from Washington National, 8.3% from Colonial Penn and 1.0% from Other

Report incorrect company information

CNO Financial Group Online and Social Media Presence

Embed Graph
Report incorrect company information

CNO Financial Group News and Updates

CNO Financial Group Announces New Charity Program, Invested in Giving Back

CARMEL, Ind., Feb. 28, 2019 /PRNewswire/ -- CNO Financial Group, a holding company for several national life and health insurance companies that serve middle-income Americans and retirees, announces a new charity program, Invested in Giving Back. Through this program, associates nominated ...

CNO Financial Group Reports Third Quarter 2018 Results

CARMEL, Ind., Oct. 31, 2018 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE: CNO) today announced third quarter 2018 results. "CNO reported sales growth at all three of our businesses this quarter, as various growth initiatives implemented over the past several quarters begin to yield...

CNO Financial Group Presents $21,000 Check to Pacers Foundation to Support Indiana Youth

CARMEL, Ind., Oct. 18, 2018 /PRNewswire/ -- CNO Financial Group, a holding company for several national life and health insurance companies that serve middle-income Americans and retirees, has donated $21,000 to the Pacers Foundation through its three-point charity program. For the 2017 – ...

CNO Financial Group Announces Third Quarter 2018 Earnings Release Date

CARMEL, Ind., Oct. 17, 2018 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE: CNO) today announced that it will report results for the third quarter of 2018 after the market closes on Wednesday, October 31, 2018. The company will host a conference call to discuss results at 11:00 a.m....

CNO Financial Group Named Among Healthiest 100 Workplaces in America®

CARMEL, Ind., Oct. 4, 2018 /PRNewswire/ -- CNO Financial Group, a holding company for several national life and health insurance companies that serve middle-income Americans and retirees, was recognized as one of the Healthiest 100 Workplaces in America, an award program presented by...

CNO Financial Group Completes Transformative Long-Term Care Risk-Reduction Transaction

CARMEL, Ind., Sept. 27, 2018 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE: CNO) announced today that it has completed the previously announced long-term care reinsurance transaction with Wilton Reassurance Company ("Wilton Re"). "With the successful close of this transaction, we have...
Show more
Report incorrect company information

CNO Financial Group Frequently Asked Questions

  • When was CNO Financial Group founded?

    CNO Financial Group was founded in 1979.

  • Who are CNO Financial Group key executives?

    CNO Financial Group's key executives are Gary C. Bhojwani, Bruce Baude and Yvonne K. Franzese.

  • How many employees does CNO Financial Group have?

    CNO Financial Group has 3,300 employees.

  • Who are CNO Financial Group competitors?

    Competitors of CNO Financial Group include FBL Financial, National Western Life Group and National Security Group.

  • Where is CNO Financial Group headquarters?

    CNO Financial Group headquarters is located at 11825 N Pennsylvania St, Carmel.

  • Where are CNO Financial Group offices?

    CNO Financial Group has an office in Carmel.

  • How many offices does CNO Financial Group have?

    CNO Financial Group has 1 office.