Who we are, what we do and where we're active.
Invested in Middle-Income America
CNO Financial Group is middle-income America's valued financial security partner. We provide health and life insurance, as well as retirement solutions, to middle-income Americans through our family of insurance brands: Bankers Life, Colonial Penn and Washington National. At CNO Financial, we’re always looking forward—to the security and stability we create for our customers, and the growth we create within our company.
Bankers Life offers a broad selection of life and health insurance products designed especially for Americans who are near or in retirement. As they have done for 137 years, dedicated agents meet customers in their homes and present products and services “across the kitchen table.” There are nearly 5,000 Bankers Life insurance agents at over 300 offices across the country.
Colonial Penn is a pioneer in designing life insurance products for mature Americans. For nearly 60 years, customers have turned to Colonial Penn through mail, online and by phone to buy simple, affordable term and whole life insurance.
Washington National is a leading provider of supplemental health and life insurance for middle-income Americans. They have helped customers make informed decisions from the comfort of their home or at the workplace for more than 100 years, helping protect families from the financial hardship that comes with critical illnesses, accidents and loss of life.
Our Financial Position
CNO Financial is one of the 15 largest public companies in Indiana. The company is financially strong and well positioned for continued growth. In 2015, we reported:
- $3.5 billion in market capitalization.
- $3.8 billion in revenue and $275 million in operating income.
- $1.41 of operating earnings per share, up 11% over the prior year
- 112% total shareholder return over the past three years.
- $380 million in liquidity and over a 449% risk-based capital ratio, allowing CNO to withstand periods of market stress.
The subsidiaries of CNO Financial Group—Bankers Life and Casualty Company, Colonial Penn Life Insurance Company and Washington National Insurance Company—are rated A- (Excellent) by A.M. Best, the global rating agency for the insurance industry.
The company’s predecessor, Conseco, Inc., was incorporated in 1979, began operations in 1982 and became a public company in 1985. The company re-branded to CNO Financial Group, Inc., in 2010.