CNO Financial Group ( (CNO) ) has released its Q3 earnings. Here is a breakdown of the information CNO Financial Group presented to its investors.
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CNO Financial Group, Inc. is a company that provides life and health insurance, annuities, financial services, and workforce benefits solutions, primarily serving middle-income America through its family of brands. In its third quarter of 2025, CNO Financial Group reported a significant increase in net income, reaching $23.1 million, up from $9.3 million in the same quarter of the previous year. The company also saw a rise in net operating income, which excludes non-economic accounting impacts, to $127.2 million from $119.2 million. This growth was driven by strong sales in both its Consumer and Worksite Divisions, with record Direct-to-Consumer and Worksite insurance sales.
Key financial highlights for the third quarter include a 26% increase in total new annualized premiums, with total life and health premiums up by 32% and 20%, respectively. The company also reported an 8% rise in annuity account value and a 28% increase in client assets in brokerage and advisory. CNO Financial Group returned $76.4 million to shareholders and increased its book value per share by 6%. The company executed its second reinsurance transaction with its Bermuda affiliate and made strategic decisions to streamline its Worksite Division by exiting the fee services side of the business.
CNO Financial Group’s management expressed confidence in the company’s strategic roadmap, expecting these actions to accelerate return on equity improvement through 2027. The company enters the fourth quarter with strong momentum and a solid financial position, aiming to continue its growth trajectory and enhance shareholder value.