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CNO Financial Group, Inc. (CNO)
SUMMARY
BULLS
BEARS
TOPICS
DATA CENTRAL
STOCK CHART
SEC FILINGS
BALANCE
INCOME
CASH FLOW
Topic Listing for CNO Financial Group, Inc.
Ability Existing Nols Materially Impaired Other Transactions Case
Able Access Consumers Across Multiple Channels
Accounting
Accumulated Other Comprehensive Income Loss
Action Reduce Earnings Volatility Loss Experience Future Periods
Active Life Reserves
Additional Shares
Adequately Set Premium Rates
Adjustments Conversion Rate Not Cover Dilutive Events Adversely
Adopted Anti-takeover Provisions Make Difficult Party Acquire Even
Adverse Effect Results Operations Financial Condition
Agenda
Agent
Agent Force Fundamentals Remain Intact
Agent Productivity Force Growth Remain Strong
Aggregate Principal Amount
Aggressively Pursuing Expense Reduction Opportunities
Agreement
Agreement Recapture Block Life Insurance Business Previously Reinsured
Agreement Sell Common Stock Warrants Paulson
Aig
Allocations Based Book Values
Amended Restated Long-term Incentive Plan
Amendment
Amendment Credit Facility
Amendment Effective Date
Amortization Related Operations
Amounts
Amounts Added Equity-indexed Products
Amounts Added Policyholder Account Balances Annuity Products Interest-sensitive
Amounts Added Policyholder Account Balances Equity-indexed Products
Analyst Commentary
Ann Termination Rates
Annual Incentive Program
Annual Report
Annuities
Annuity
Annuity Coinsurance Agreement
Annuity First-year Premiums Over 2008
Annuity Sales
Anti-money Laundering Laws
Appendix
Applicable Margin
Approval Related Party Transactions
Aside Financial Strain Earnings Uncertainty Ltc Run-off Business
Asset Allocation
Asset Allocation Backed Securities
Asset Allocation Below-investment Grade Corporates
Asset Allocation Cmo
Asset Allocation Commercial Mortgages
Asset Allocation Investment Grade Corporates
Asset Backed Securities
Asset Liability Management
Asset Sale
Assign Non-ltc Cshi Business Conseco
Average Liabilities Insurance Products Net Reinsurance Ceded
Avg
Back-office Consolidation Complete
Back-office Consolidation Completed Expected Produce Run- Rate Savings
Back-office Consolidation Completed Expected Produce Run-rate Savings Annually
Back-office Consolidation Completed Produce Run-rate Savings Annually 2008
Back-office Consolidation Track Produce Annual Cost Savings Beginning
Balance Sheet Detail
Balanced Solution Key Stakeholders
Bankers
Bankers Agent Force Growth Productivity Improvements
Bankers Life
Bankers Life Overview
Bankers Overview
Base Salaries
Base Salary Target Total Annual Cash Compensation
Basic
Began Filing Premium Re-rates Round Legacy Block Expect
Began Implementation Premium Re-rates 2007 Recent Business Not
Began Implementation Premium Re-rates Round 2007 Recent Business
Beneficial Ownership Reporting Compliance
Benefit Detail
Benefit Ratio 2006 Benefited Release Policy Reserves Related
Benefit Ratio Improved Prior Higher 2006 Due
Benefit Ratio Reflects 110 Claim Reserve Strengthening
Benefit Reserve Adjustment Reduced Ratio Percentage Points
Benefit Reserve Adjustments Favorably Impacted 2007
Best- Report Revision Date 2009
Blc
Board Committees
Board Directors Biographies
Board Meetings Attendance
Board Nominees
Board Structure Governance
Book
Book Value Per Diluted Share
Book Value Per Diluted Share Cno
Book Value Per Share
Book Value Per Share Cno
Borrower
Broadly Available Road Show
Building Strong Premium Base Future Earnings Growth
Burn Rate Limitation
Business
Business Highlights
Business Subject Extensive Regulation Limits Operating Flexibility Result
Cannot Predict Debentures Purchase Delivered Limit Ability Trade
Capital Contribution Cshi
Capital Management Actions 2009 Gaap Impact
Capital Management Actions Statutory Financial Impact
Capital Risk Management Remain Top Priorities
Capital Structure
Capitalization Covenant Senior Credit Agreement
Carmel Ind 2009
Carmel Ind 2010
Cash Balance
Cautionary Statement Regarding Forward-looking Statements
Ceding Approximately 765 Plus Capital Backing Block 175
Change 2008 Primarily Due 2009 Net Income
Change Active Life Reserve
Change Affected
Change Control Debentures Also Constitute Event Default Senior
Change Value Embedded Derivative Related Modified Coinsurance Agreement
Change Value Embedded Derivatives Related Modified Coinsurance Agreements
Changes
Changes Over Last
Changing Interest Rates Adversely Affect Results Operations
Changing Portfolios Business
Charges Expected Recognized Completion Transaction
Charges Recognized 2008
Cig
Cig Overview
Claim Reserves
Claims Higher
Claims Management
Claims Paid
Claw Back Rights
Closing Date
Closing Dates
Cmbs
Cmbs Collateral Type
Cmbs Vintage
Cmos
Cmos Agency
Cmos Type
Cno Consolidated
Cno Differentiating Factors
Cno Summary
Code
Code Ethics
Collateral
Collections Down 2007
Collections Insurance Products
Colonial Penn
Colonial Penn Overview
Commercial Mortgages
Common Stock
Communications Directors
Comparing Trailing Data
Comparison Impacted Prior Contract Reserve Releases
Comparison Impacted Prior- Ibnr Strengthening
Compensation Chief Executive Officer
Compensation Committee Interlocks Insider Participation
Compensation Objectives
Compensation Program Design Pay Performance
Composition Investments
Compound Annual Growth Since 2003
Comprehensive Income Loss Per Diluted Share
Computation Weighted Average Shares Outstanding
Concentration Investment Portfolios Particular Sector Economy Type Asset
Conseco
Conseco Expertise Across Important Middle Market Products
Conseco Glance Collected Premiums Pre-tax Income
Conseco Glance New Annualized Premiums Nap
Conseco Improved Customer Service Ltc Policyholders
Conseco Inc
Conseco Insurance Group
Conseco Rationale
Conseco Stabilized Ltc Business
Conseco Today
Consents
Consistent Expectations
Consistent Favorable Trends
Consistent Prior
Consolidated
Consolidated Rbc Ratio
Contribute 175 Additional Capital Cshi Related Oversight Trust
Contributing Trust
Contributions Proceeds Refinancing Increase Ratio 2006
Copies Corporate Documents
Core Businesses
Core Nap 2008
Corp
Corporate Governance Guidelines
Corporate Liquidity
Cost Policies Produced
Costs Related Litigation Settlement
Covenant Margins
Coventry Agreement
Coventrys Decision Exit Pffs 2010 Not Expected Disrupt
Coventrys Decision Not Pffs 2010 Expected Disrupt Distribution
Creates Certainty Complete Separation Cshi Conseco
Creating Value Conseco Fix Focus Grow
Credit Agreement
Cshis 142000 Ltc Policyholders
Current
Date Issuance Debentures Issued Beneficial Conversion Feature Material
Debentures
Debentures Issued Different Closing Dates Assigned Cusip Numbers
Debentures Issued Original Issue Discount Oid Federal Income
Debentures Not Protected Restrictive Covenants Allow Engage Transactions
Debentures Not Restrict Ability Incur Additional Debt Take
Debentures Unsecured Effectively Subordinated Secured Indebtedness Liabilities Subsidiaries
Debt Capital Ratio Excluding Accumulated Other Comprehensive Income
Decline Annuity Sales Relates Changes Interest Rate Environment
Decline Cig Due Focus Profitable Business
Decline Cig Due Sale Annuity Block Focus Profitable
Decline Due Renewal Group Case Effective
Decline Nap Due Shift Lower-premium Short Term Care
Decline Ratings Senior Debt Adversely Affect Value Debentures
Decline Sales Expected Turn Around New National Distribution
Decrease 2006 Primarily Due
Decrease 2007 Reflects Conversion Preferred Stock Common Shares
Decrease 2007-q1 2008 Driven Timing Member Enrollment Impacting
Decrease 2009 Primarily Due Increase Cash Short-term Investment
Decrease Driven
Decrease Due Primarily
Decrease First-year Premiums 2007 Reflects Lower Sales
Decrease Primarily Due Increase Required Capital Cig Annuity
Decreases 2009 Primarily Due Increase Cash Short-term Investment
Deferred Tax Assets Non-gaap Financial Measure
Del Fcr
Delinq
Deteriorating Financial Performance Securities Collateralized Mortgage Loans Commercial
Determination Amount Realized Investment Losses Recorded Impairments Investments
Determination Fair Value Fixed Maturity Securities Results Unrealized
Developed Deficiencies Periods Prior 2004
Development
Development Levels
Diluted
Direct Corporate Obligations
Director Compensation
Director Independence
Disappointing Results Non- Core Long-term Care Run-off Block
Dissident Director Nominee
Distribution
Distribution Real Strength
Distribution Results
Downgrades Investment Grade Below
Earnings
Earnings 110 Over 2008
Earnings 2006
Earnings 2007
Earnings 212 Down 2008
Earnings 228 2007
Earnings 312 2008
Earnings 447 Over 2008
Earnings 633 Over 2008
Earnings Affected
Earnings Compared 2007
Earnings Down
Earnings Down 2007
Earnings Driven
Earnings Improvement Driven
Earnings Negatively Affected
Earnings Over 2008
Earnings Positively Affected
Effect Results Operations Financial Condition
Election Directors
Employment Agreements
Entered Distribution Agreement Humana
Entity
Environmental Laws
Equity-index Annuity Sec Proposal
Equity-indexed Annuities
Erisa
Establish Policyholder-centric Mandate Senior Health Care Oversight Trust
Except Connection Make Whole Adjustment Event Holders Not
Exceptional Customer Reach
Exchange Act
Excludes Investments Variable Interest Entity Required Consolidate Gaap
Excluding Claim Reserve Strengthening Transport Block 2007 Interest-adjusted
Existing Convertibles
Existing Credit Agreement
Existing Debentures
Expanded Product Line
Expansion Pffs Market Drove 2007 Earnings Gap
Expenses
Expenses Related Debt Modification
Face Risk Respect Reinsurance Agreements
Factors Impacting 2008
Failure Improve Financial Strength Ratings Insurance Subsidiaries Decline
Favorable Expenses
Favorable Persistency Resulted Improved Benefit Ratio 2007
Federal State Legislation Adversely Affect Financial Performance Insurance
Fee Revenue Other Income
Fees Paid Pricewaterhousecoopers Llp
Filings
Final Audited Financial Statements Confirm Compliance Ratio Balance
Financial Highlights
Financial Indicators
Financial Measure
Financial Position Negatively Impacted Unable Achieve Goals 2009
Financial Results
Financial Statement Status
Financial Strength Reputation Negatively Impact Results
Financial Summary
First-year Collected Premium
First-year Collections Down 2008
First-year Collections Down 2009
First-year Premiums 2008
First-year Premiums Continue Downward Trend Reflecting Migration Pffs
Fix Focus Grow Key Accomplishments
Fixed Annuities Become Attractive Due Stock Market Volatility
Fixed Maturity Securities
Fixing Ltc Run-off Separation Cshi
Fixing Ltc Run-off Separation Senior Health
Fluctuations Life Insurance Premiums Primarily Reflect Variance Sales
Focus Business Fundamentals Delivers Profitable Growth
Focus Profitable Products
Focusing Fast Growing Underserved Middle Income Senior Market
Forward Looking Statements
Forward-looking Statements
Fundamentals Agent Productivity Force Growth Remain Strong
Future Loss Reserve
Gain Loss Extinguishment Modification Debt
Gain Reinsurance Recapture
General Compensation Actions
General Market Conditions Affect Investments Investment Income
Goals
Going Concern Discussion
Grants Plan-based Awards 2007
Greater Financial Flexibility
Greater Focus Profitability
Grow
Growth Core Businesses
Growth Driven
Growth Driven Principally
Growth First-year Premiums Competition Pffs Slows
Growth Population 2007-2017e People
Growth Reflects Start New Group Case
Had Been Completed
Hedge Positions Periodically Adjusted Terminations
High Yield Corporates
Higher Earnings 2006 Driven
Higher Earnings 2007 Driven
Higher Earnings Driven
Higher Marketing Expenses Related Growth Initiatives Resulted Lower
Higher Persistency 2007 Compared 2006 Resulted Slightly Benefit
Highest Quarterly Sales Cno
Holder Deemed Receive Taxable Distribution Without Receipt Cash
Holders Debentures Cannot Convert While Conversion Blocker Effect
Holders Debentures Not Entitled Rights Respect Common Stock
Holders Debentures Not Right Require Repurchase Cash
Holders Right Convert Terminated Certain Circumstances
Holding Liquidity Ability Meet Obligations Including Respect Debentures
Holding Sources Uses Funds
Holistic Strategic Approach Important Product Line
However Correction Valuation Errors Resulted Higher Benefit Ratio
However Progress Key Initiatives
However Significant Progress
Immediately Prior Closing
Impact Improvement Initiatives
Impact Key Debt Covenant Changes
Impact Tax Accounting Compensation Decisions
Impacted Prior Contract Ibnr Strengthening
Impacted True-up Previous Estimate
Impairment Losses
Impairments
Implementation
Improved Agent Productivity While Growing Quantity
Improved Earnings
Improved Earnings Stability
Improvements Earnings Run-rate Yearend
Improvements Enabling Bankers Grow Total Nap Target Growth
Improves Rating Profile Positioning Consecos Ratings Upgrade Over
Improving Benefit Ratio Reflects
Improving Fundamentals Business
Include Large Group Case Premiums Losses
Includes
Includes 193 Release Specified Disease Return Premium
Increase 2006 Due Prepayment Income Higher Portfolio Yield
Increase 2006 First-year Premiums 2005
Increase 2006 Ratio Reflects
Increase 2006 Reflects Contribution Proceeds Refinancing
Increase 2006 Reflects Refinancing Completed
Increase 2007 Driven Release Return-of-premium Reserve Cig Specified
Increase 2007 Reflects Net Loss Effect Common Share
Increase Below-investment Grade Ratio Driven Credit Cycle Ratings
Increase Benefit Ratio 2007 Due Higher Persistency Offset
Increase Conversion Rate Debentures Converted Connection Make Whole
Increase Decrease Active Life Reserves Varies Persistency 2006
Increase First-year Premiums Reflects Higher Sales
Increase Nap 2006
Increase Primarily Driven Net Loss 2008
Increase Reserves
Increase Reserves Future Benefits Varies Persistency 2006 Included
Increased Agent Attrition Policyholder Lapses Redemptions
Increases Total Premiums Result Higher Persistency Rate
Increasing Impact Improvement Initiatives
Incurred Claim Ratio Claims Premium
Indemnified Party
Indenture
Independent Analysis Performed Milliman Consistent Reserve Adequacy
Indexed Annuities Remain Smaller Percentage Total Annuity Sales
Information Related Certain Non- Gaap Financial Measures
Information Related Certain Non-gaap Financial Measures
Insurance Acquisition Cost Balance Net Liability Declining Rapidly
Insurance Operations
Insurance Policy Benefits
Insurance Policy Income
Insurance Subsidiaries
Insurance Subsidiaries Required Pay Assessments Fund Other Companies
Intellectual Property Rights
Intended Cash Tender Offer Existing Debentures
Interest Expense Corporate Debt
Interest Expense Investment Borrowings
Interest-adjusted Benefit Ratio
Interest-sensitive Life Products
Inventory-adjusted Paid Claims Fell Slightly
Investment Grade Corporates
Investment Income
Investment Portfolio Review
Investment Portfolio Subject Several Risks Diminish Value Invested
Investment Quality
Investment Quality Fixed Maturities Excluding Investments Consolidated Variable
Investment-grade Bonds Unchanged
Investments
Investor Rights Agreement
Investors
Issuance Additional Common Stock Securities Convertible Preferred Adversely
Key Debt Covenants
Key Differences Between Conseco Rest Industry
Key Transaction Terms
Lehman Washington Mutual Aig
Less Consistent Growth Cig Due Focus Profitable Business
Less Pffs Sales Due Internal Med Supp Exchanges
Less Portfolio Below Investment Grade
Level Debt Remains Flat 2006
Liabilities
Life
Life Cycle Block Long-term Care Business
Life Insurance
Life Sales 106 Down 2008
Limited Exposure Troubled Asset Classes
Limited Historical Claims Experience Long-term Care Products Negatively
Limited New Money Allocation Below- Investment Grade Securities
Limiting New Money Allocated Below- Investment Grade Securities
Line Being Revitalized
Line Expectations Recent Trends
Liquidity
Liquidity Projection
Litigation Regulatory Investigations Inherent Business Harm Financial Strength
Long Term Care
Long-term Care
Long-term Care Business Life Cycle Change Active Reserve
Long-term Care Business Life Cycle Interest-adjusted Benefit Ratio
Long-term Care Business Life Cycle Investment Income
Long-term Care Business Life Cycle Total Benefits Incurred
Long-term Care Policies
Long-term Care Policies Subject Changing Experience
Long-term Care Reserves
Long-term Incentive Program
Loss Ratio Non-core Ltc Closed Block Increased 1435
Loss Ratio Risen Past
Loss Related Annuity Coinsurance Transaction
Loss Transfer Transaction Expenses
Lower Annuity Margin Due Excess Terminations Eias
Lower Earnings 2006 Driven
Lower Earnings Driven
Lower Expense Levels Allow Group Pffs Operate Higher
Ltc Closed Block
Ltc Earnings Driven Unfavorable Claims Experience
Ltc Persistency
Ltc Premium Re-rates
Ltm Collected Premiums Distribution Channel
Ltm Nap Distribution Channel
Management Actions Taken Prior Separation
Market Conditions Moving Customers Products Safe Returns
Market Price Common Stock Affected Substantial Number Shares
Material Adverse Effect
Materially Impact Operating Results Financial Condition
Meaningful Impact Improvement Initiatives
Medicare Supplement
Meet Multistate Performance Standards
Moderating Decline Cig Due Focus Profitable Business
Moodys 2009 Rating Update
Morgan Stanley
Nap
Nap 197 Less 2006 Total Down
Nap 2006 Date Well Ahead Last
Nap 2007
Nap 2007 2008
Nap 2008
Nap Above 2007
Nap Decline Attributable Main Factors
Nap Down 2007
Nap Less 2007
Nap Lower 2008
Nap Pma Wholly Owned Distribution Subsidiary Gaining Momentum
Negative Impacts
Negatively Impacted
Net Favorable Adjustments Reserve Future Benefits
Net Income Loss
Net Income Loss Applicable Common Stock
Net Income Loss Restated
Net Investment Income
Net Investment Income General Account Invested Assets
Net Investment Income Other Special-purpose Portfolios
Net Investment Income Other Trading Accounts
Net Investment Income Related Equity-indexed Products
Net Loss
Net Loss Applicable Common Stock
Net Operating Income Loss Non-gaap Financial Measure
Net Operating Income Non-gaap Financial Measure
Net Operating Loss Non-gaap Financial Measure
Net Operating Results Variable Interest Entity
Net Realized Investment Gains Losses
Net Realized Investment Losses
Net Realized Investment Losses 132
Net Realized Losses
New Annualized Life Premiums
New Products
New Round Re-rate Filings Underway Largest Legacy Block
New Sales Meeting Pricing Objectives
New Sales Meeting Return Objectives
Next Several Slides Summarize Long-term Care Reserves Determined
Non-gaap Financial Measure
Non-gaap Measures
Non-ia Surrenders
Non-qualified Deferred Compensation 2007
Non-spwl Nap Over 2008 Flat 2007
Non-spwl Premiums Down 2008
Non-spwl Premiums Flat 2007
Normalization Preliminary Earnings
Notes
Offset
Only Total Portfolio Below- Investment Grade Securities
Operating Eps
Operating Eps Diluted
Operating Results Financial Condition
Operating Results Suffer Policyholder Surrender Levels Differ Significantly
Operating Return Measures
Operating Roe
Operations
Option Closing Date
Option Exercises Stock Vested 2007
Other Benefits Perquisites
Other Business Run-off
Other Business Run-off Claim Counts Claims Paid
Other Comprehensive Income Loss
Other Operating Costs Expenses
Other Pro Forma Information
Otter Creek Nominee
Outstanding Equity Awards 2007 Year-end
Overall Ratio Within Pricing
P4p Actual Bonuses
Paid Claims 2006 Returned Normalized Level
Partially Offset
Partially Offset Loss Annuity Profits Block Coinsured 2007
Pay Levels
Pdp Pffs
Pdp Ratio Continues Trend Expected Factoring Seasonal Fluctuations
Pension Benefits
Pension Benefits 2007
Percent Change
Performance
Performance Share Awards Comparison Maximum Total Direct
Performance Shares Align Interests Shareholders Management
Period
Persistency Improved
Persistency Improved 2006
Persistency Improved 2006 Expected Benefit Ratio Increase Consistent
Person
Pffs
Pffs Sales Negatively Affected
Pivot Future Loss Reserve
Pivoting
Policies
Policy
Policy Forms
Portfolio Quality Remains High Not Significantly Changed Since
Positive Impacts
Potential Payments Termination Change Control
Pre -tax Earnings
Pre-2004
Pre-approval Policy
Pre-tax
Pre-tax Income Loss Adjusted
Pre-tax Income Loss Reported
Preliminary
Preliminary Financial Summary
Preliminary Operating Eps Diluted
Preliminary Operating Roe
Preliminary Results
Preliminary Summary Results
Premium
Premium Re-rates
Premiums Lower
Prescription Drug Plan Medicare Advantage
Pressure Below- Investment Grade Ratio Due Credit Cycle
Previously Announced Coventry Exiting Pffs Business Effective
Primer Consecos Long-term Care Business 2007
Pro Forma
Program Improvement Initiatives Continue Make Good Progress
Program Improvement Initiatives Providing Real Impact
Progress Consecos Turnaround
Progress Executing Plan
Property Type
Proposal
Proposed Registered Offering Common Stock
Prospectus
Provide Oversight Senior Health Care Trust Insurance Pennsylvania
Proxy Statement
Proxy Statement Pursuant Securities Exchange Act 1934
Public Offering Price
Purchase Price
Put Right Closing Date
Qualifications Roberts
Quarterly Financial Supplement 1q09
Quarterly Financial Supplement 2q09
Quarterly Financial Supplement 4q08
Quarterly Nap 2007 Including Pffs
Quarterly Results
Quarterly Sales Cno
Quarterly Sap Statements
Questions Answers
R-factor Litigation Expenses
Rate Increases Ahead Schedule 2008 Round Policies Issued
Rates
Rating
Ratio Increase 2006 Refinancing Completed
Ratio Negatively Impacted
Rbc Impact
Rbc Ratio
Recent Developments
Recent Developments Convertible Debt Markets Adversely Affect Trading
Recent Financial Performance
Recognized Higher Incurred Claims
Recognized Higher Incurred Claims 2008
Recognized Lower Incurred Claims Due Favorable Experience
Record Sales 1028
Recruitment Health Imos
Redemption Closing Date
Reduction Benefit Ratio Due 193 Adjustment Specified Disease
Reflects Ibnr Adjustment
Reflects Minimal Impact Rate Increase Claim Processing
Reflects Unusual Adjustments
Refresher Long-term Care Reserves Determined
Refresher Typical Features Long-term Care Policies
Registered Public Accounting Firm
Registration Statement
Regulatory Control Otherwise Negatively Impact Financial Results
Reinsurance Recapture
Reinsure New Business Focus Bankers
Reiterating
Related Charges
Related Coinsurance Transaction Non-gaap Financial Measure
Release Return Premium Reserve
Releasee
Releasing Parties
Remediation
Report Audit Enterprise Risk Committee
Report Human Resources Compensation Committee
Representative
Representatives Maintain Improve Financial Results
Repurchase Closing Date
Repurchases
Required Accelerate Amortization Cost Policies Produced Value Inforce
Reserve Corrections Affected Benefit Ratios Several Periods
Reserve Increases Last Related Claim Reserves
Reserve Increases Past Relate Claim
Reserves Future Insurance Policy Benefits Claims Prove Inadequate
Restated
Restatement
Result Valuation Differences
Results Adversely Affected
Results Continue Stabilize
Results Favorably Affected
Results Less Volatile After Choppy 2007
Results Operations Insurance Business Decline Premium Rates Not
Results Operations Negatively Impacted Initiatives Restructure Insurance Unsuccessful
Results Reflected Release Redundant Reserves Previous Periods
Return Equity Before Realized Investment Gains Losses
Return Equity Before Realized Investment Gains Losses 114
Return Equity Before Realized Investment Gains Losses 119
Return Equity Before Realized Investment Gains Losses 120
Revenues
Risk Factors
Risk Management
Risks Business Associated Current Economic Environment
Role Compensation Committee
Round
Round 2007 Policies Issued 2002-2005
Round 2008 Policies Issued Prior 2002
Round Exceeded Each Goal
Round Goals
Round Goals 2008 Issues Prior 2002
Round Results 2007 Issues 2002-2005
Round Results Exceeded Each Goal
Round Results Filing Process Now Underway
Round Results Track Achieve Goals
Round Track Achieve Goals
Run-off
Run-off Ltc Block
Run-off Segment Pre-tax Operating Earnings
Runoff Ltc Block
Sales 2007
Sales 468
Sales 565 Ytd Below 2006
Sales 768 Ahead 2006
Sales Down 2006
Sales Down 2006 Excluding Pdp
Sales Down 2007
Sales Driven
Sales Excluding Pffs 2007
Sales Stabilized
Sanctions
Sap
Sap Statements
Schedule 14a
Seasonality Drives Fluctuations
Security Agreement
Segment Performance
Segment Summary
Senior Credit Agreement
Separation Cshi Conseco
Separation Senior Health Conseco
Separation Senior Health Expected Occur 2008
Settlement Requires
Shareholder Proposals 2009 Annual Meeting
Shareholder Rights Plan Announced 2009
Shareholders Equity
Shareholders Equity Restated
Shareholders8217 Equity
Shares
Signed Loi National Distribute New Pffs Med Advantage
Significant Amount Seasonality
Significant Change Surrender Activity
Significant Contribution National Partners Tsa Business
Significant Deficiencies Internal Controls Over Financial Reporting
Significant Efforts Multiple Fronts Translating Improved Results Outlook
Significant Increase Pdp Pffs Premiums Result Addition Large
Significant Increase Pdp Pffs Premiums Result Expansion Partnership
Significantly Assumptions
Slight Decline Cig Due Focus Profitable Business
Slight Improvement Med Supp Benefit Ratio 2007 2006
Solid Growth Re-activation Campaigns
Some Details Benefits Provided Policies
Some Drift Upward Below- Investment Grade Ratio Due
Source Bloomberg
Source Case-shiller
Sources Uses Funds
Specified Disease
Specified Disease Products
Spread
Squared
Stable Persistency
State Insurance Laws Delay Deter Prevent Takeover Attempt
Statutory Balance Sheet
Steps Improve Earnings
Stock Life
Stock Option Awards Comparison Target Total Direct
Strategic Alternatives
Strategy
Strong 2008 Sales
Strong 2008 Sales Excluding Pffs
Strong Early Indications
Strong Focus Claims Management
Strong Growth Agent Recruiting
Strong Sales
Strong Sales Driven Pffs
Strong Sales Medicare Supplement Continue Along Distribution Pffs
Strong Trends Impacting Middle Market Consumers
Structured Securities Asset-backed Represent Total Actively Managed Fixed
Structured Securities Represent Total Actively Managed Fixed Maturity
Sub-prime Home Equity Abs
Successful Recruiting Results Pma Wholly Owned Distribution Subsidiary
Summary
Summary Compensation Table 2007
Summary Other Issues Cont
Summary Results
Summary Total Direct Compensation Tdc Opportunities Compared Market
Supplemental Health
Supplemental Health Renewal Premiums
Supplemental Indenture
Surveillance
Table Contents
Talent Organizational Design
Tax Assets Non-gaap Financial Measure
Tax Law Changes Adversely Affect Insurance Product Sales
Technology
Technology Organizational Design
Tender Offer
Tender Offer Closing Date
Tender Offers
Tentative Litigation Settlement
Termination Change Control Arrangements
Terms Senior
Time Sale
Total
Total 2008 Gross Realized Losses Included Impairments 2317
Total 2008 Gross Realized Losses Included Other-than- Temporary
Total Adjusted Statutory Capital Available Spent Over Time
Total Assets Equity Aoci
Total Benefits Incurred
Total Benefits Incurred Claims Reflect 110 Claim
Total Expected Charges
Total Premium Collections
Total Sales 2007 Excluding Pffs
Total Shareholders Equity
Total Trailing 4-quarter Premiums Declined Due Higher Terminations
Trading Account Income Related Policyholder Reinsurer Accounts
Trading Account Income Related Reinsurer Accounts
Trailing 4-quarter Sales Continue Increase
Trailing Benefit Ratio Shown Steady Improvement 2006
Trailing Data
Trailing First- Premiums Slightly Comparable Prior-year Period
Trailing Operating Return Equity
Trailing Operating Return Equity 124
Trailing Operating Return Equity 134
Trailing Operating Return Equity 141
Transaction Agreements
Transaction Overview
Transaction Terms
Transactions
Transfer Current Ltc Management Senior Health Insurance Pennsylvania
Trustee
Tsa Business Significantly Ahead Last
Ulated Other Comprehensive Income Loss
Underwriters
Underwriting
Unique Value Proposition Closely Aligned Important Target Market
Unlocking Adjustment Interest- Sensitive Life Block 148 2007
Unrealized Losses
Upcoming Medicare Changes
Uses Results
Validation Claims Incurred Period
Value Debentures Trading Price Common Stock Fluctuate Significantly
Value Deferred Tax Assets Impaired Extent Future Profits
Value Policies Force Effective Date
Value Policies In-force Effective Date
Verified Basis Normalizes Periods Impact Claim Reserve Deficiencies
Verified Claims
Vintage
Volatility Securities Markets Other Economic Factors Adversely Affect
What Doing Ltc Profitability
Worksite Beginning Contribute Life Sales
Yield 2007
Yield Bps 2006
Yield Reflects Significant Prepayment Income Adding Approximately
Yield Unchanged 2007
Yields Increased Bps Despite Low Market Rate Environment
Ytd Improvements
Ytd Return Equity Before Realized Investment Gains Losses
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