CNO Financial Reports Q3 Profit
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowCarmel-based CNO Financial Group Inc. (NYSE: CNO) has announced third quarter net income of $129 million, compared to $42 million during the same period a year ago. Chief Executive Officer Gary Bhojwani says the company generated record operating earnings in Q3, driven in part by fewer health claims.
Consumer Division sales and distribution metrics neared, and in several areas exceeded, pre-COVID levels in the quarter,” said Bhojwani. “We continued to accelerate the integration of our direct-to-consumer and exclusive agent capabilities to offer customers more choice with how they wish to engage – online, over the phone, or in-person with an agent.”
He says CNO remains well-positioned to navigate the ongoing economic uncertainty while continuing to enhance shareholder value. You can view the full earnings report by clicking here.