CNO Financial Group, Inc. (“CNO”) focuses on serving middle-income pre-retiree and retired Americans. CNO sell our products through exclusive agents, independent producers and direct marketing under three primary brands: Bankers Life, Washington National and Colonial Penn. For the year ended December 31, 2020, CNO had total revenues of $3.8 billion and net income of $301.8 million.
CSG Actuarial provides a summary of key Medicare Supplement-specific information from their 10K filing for the year ended December 31, 2020.
CNO Financial Group, Inc. Medicare Supplement $ in Millions
|Medicare Supplement (first-year)||$54.2||$60.2||$61.9|
|Medicare Supplement (renewal)||$696.3||$715.8||$720.2|
|Persistency (based on inforce)||83.4%||84.5%||85.2%|
|Medical Benefit Ratio||66.9%||74.5%||74.8%|
Source: Company 10K