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Cno Financial Group (CNO)

Cno Financial Group (CNO)
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CNO Financial Group Inc., being a top-tier holding company for a group of insurance companies in the U.S., develops, administers & markets supplemental health insurance, annuity, individual life insurance and other insurance products. It distributes products through 3 distribution channels: career agents, professional independent producers and direct marketing. The company presently reports under two units, namely Consumer and Worksite. The Consumer unit includes consumer engagement over the phone besides online and face-to-face interaction with agents or via a combination of sales channels. This unit gains traction from agent sales force and leading direct-to-consumer business with experience in advertising, web/digital and call center support. The Worksite unit focuses on worksite and group sales for businesses, associations and other membership groups, communicating with customers at their workplace. The unit allows the company to gain traction from the recent buyout of Web Benefits Design Corporation.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Sales 4,449,500 4,146,800 3,576,800 4,122,200 3,821,100
Sales Growth +7.30% +15.94% -13.23% +7.88% -4.85%
Net Income 404,000 276,500 396,800 441,000 301,800
Net Income Growth +46.11% -30.32% -10.02% +46.12% -26.28%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Total Assets 37,852,602 35,102,500 33,339,199 36,204,398 35,339,898
Total Assets Growth +7.83% +5.29% -7.91% +2.45% +5.08%
Total Liabilities 35,354,199 32,886,898 31,938,400 30,944,699 29,855,699
Total Liabilities Growth +7.50% +2.97% +3.21% +3.65% +3.11%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Operating Cash Flow 627,700 582,900 495,400 598,300 735,500
Operating Cash Flow Growth +7.69% +17.66% -17.20% -18.65% +5.57%
Net Cash Flow 1,108,700 244,100 -86,800 -260,200 337,200
Change in Net Cash Flow +354.20% +381.22% +66.64% -177.16% +17,847.38%
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