QUOTE AND NEWS
The Hindu Business Line  Feb 4  Comment 
The US Chief of Naval Operations (CNO) John Richardson, who is on his maiden visit to India, has urged the government to expedite the three-proposed defence treaties in order to achieve greater coope...
Forbes  Dec 4  Comment 
Looking at the universe of stocks we cover at Dividend Channel, on 12/8/15, Becton, Dickinson and Co. (NYSE: BDX), Starwood Waypoint Residential Trust (NYSE: SWAY), and CNO Financial Group Inc (NYSE: CNO) will all trade ex-dividend for their...
Market Intelligence Center  Nov 10  Comment 
After closing Monday at $19.59, Conseco Inc. (CNO) presents an attractive opportunity to get a 5.03% return in just 129 days, which is an annualized return of 14.23% (for comparison purposes only). To enter this trade, sell one Mar. '16 $19.00...
Benzinga  Nov 4  Comment 
Analysts at JP Morgan downgraded HP Inc (NYSE: HPQ) from Overweight to Neutral. HP shares closed at $14.30 on Tuesday. Keefe Bruyette & Woods downgraded CNO Financial Group Inc (NYSE: CNO) from Outperform to Market Perform. The price target for...
Market Intelligence Center  Oct 29  Comment 
After Wednesday’s trading in Conseco Inc. (CNO) the algorithms behind MarketIntelligenceCenter.com's Artifical Intelligence Center picked out a trade that offers a 4.68% or 12.12% (for comparison purposes only), while providing 7.87% downside...
Market Intelligence Center  Oct 26  Comment 
For a hedged play on Conseco Inc. (CNO), MarketIntelligenceCenter.com’s option-trade picking algorithms recommend the Mar. '16 $19.00 covered call for a net debit in the $18.11 area. That is also the break-even stock price for the covered call....
Market Intelligence Center  Oct 16  Comment 
The patented option trade-picking algorithms behind MarketIntelligenceCenter.com's Artificial Intelligence Center have selected a covered call trade on Conseco Inc. (CNO) that includes 7.50% downside protection. Sell one contract of the Mar. '16...




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CNO Financial Group, Inc. (NYSE: CNO), formerly Conseco, emerged from bankruptcy in 2003, after which it has focused on insurance. It relies heavily on its Medicare, fixed-annuities, and long-term care operations, but also provides life insurance and disease-specific insurance. Its clients are primarily middle-class citizens and the elderly. In order to target these groups, Conesco uses a combination of direct marketing, independent distributors, and career agents.

And to think I was going to talk to someone in preson about this.

Trends and Forces

Inadequate reserve for policy benefits

Inadequate reserves for expected future policy benefits might be higher than expected, which could result in decreased net income and stockholders’ equity. Conesco calculates its reserves using historical data. Discrepancies between past claims and future claims may result in insufficient reserves. Faster-than-expected increases in medical costs, obesity, and other unforeseen events and costs may force Conesco to pay the difference from its earnings.

Annuities products are susceptible to changes in interest rates

Its annuities products are highly susceptible to fluctuations in interest rates. An increase in interest rates may cause its annuities holders to invest their money elsewhere. A decrease in interest rates could result in its payments to annuity holders exceeding the investment returns of the annuity. Only 38% of its annuities have variable interest rates, while 47% have fixed interest rates. If a large amount of customers back out of their annuities, Conesco may be forced to sell part of its investment assets in order to cover the loss.

Insurance business restructuring

Conesco’s future will be influenced by its ability to restructure its insurance business. Despite having emerged from bankruptcy in 2003, its insurance business has been plagued with decreased insurance revenues and new annuity premium revenues. In an effort to increase profits, Conesco will be focusing on marketing its higher-margin products and will be decreasing marketing costs for its underperforming products. Conesco’s predecessor owned 44 insurance companies, resulting in unnecessary duplicate administrative positions and systems. In order to remedy this, planning on streamlining administrative tasks and combining paperwork and processing systems for similar products.

hey all..just seen the photos..they are fab and bring back a lleovy memory..great holiday,smashing people,wish I was still there .hope you all had a safe journey home.ps.if anyone has any other photos I would be so very grateful if you would send them to my email..thanks guys.xxxxx maggie (mrjbt@hotmail.com)

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