CNO Financial Group Inc
For the period ended Dec 31, 2024. Filed Feb 26, 2025.
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FY2024 · Filed Feb 26, 2025
CNO$57.78+1.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheet at December 31, 202 and
December 31, 2024 and 2023
ASSETS
| 2024 | 2023 | |
|---|---|---|
| Investments: | ||
| Fixed maturities, available for sale, at fair value (net of allowance for credit losses: 2024 - $37.1 and 2023 - $42.9; amortized cost: 2024 - $25,264.3 and 2023 - $23,699.2) | $22,840.5 | $21,506.2 |
| Equity securities at fair value | 162.0 | 96.9 |
| Mortgage loans (net of allowance for credit losses: 2024 - $13.6 and 2023 - $15.4) | 2,506.3 | 2,064.1 |
| Policy loans | 135.3 | 128.5 |
| Trading securities | 304.2 | 222.7 |
| Investments held by variable interest entities (net of allowance for credit losses: 2024 - $1.3 and 2023 - $3.1; amortized cost: 2024 - $437.0 and 2023 - $787.6) | 432.3 | 768.6 |
| Other invested assets | 1,491.5 | 1,353.4 |
| Total investments | 27,872.1 | 26,140.4 |
| Cash and cash equivalents - unrestricted | 1,656.7 | 774.5 |
| Cash and cash equivalents held by variable interest entities | 341.0 | 114.5 |
| Accrued investment income | 286.4 | 251.5 |
| Present value of future profits | 161.0 | 180.7 |
| Deferred acquisition costs | 2,158.6 | 1,944.4 |
| Reinsurance receivables (net of allowance for credit losses: 2024 - $3.0 and 2023 - $3.0) | 3,854.7 | 4,040.7 |
| Income tax assets, net | 818.9 | 936.2 |
| Assets held in separate accounts | 3.3 | 3.1 |
| Other assets | 699.9 | 641.1 |
| Total assets | $37,852.6 | $35,027.1 |
(continued on next page)
CONSOLIDATED BALANCE SHEET, continued
December 31, 2024 and 2023
LIABILITIES AND SHAREHOLDERS' EQUITY
| 2024 | 2023 | |
|---|---|---|
| Liabilities: | ||
| Liabilities for insurance products: | ||
| Policyholder account balances | $17,615.8 | $15,222.5 |
| Future policy benefits | 11,705.5 | 12,188.4 |
| Market risk benefit liability | 60.0 | 117.1 |
| Liability for life insurance policy claims | 61.1 | 62.1 |
| Unearned and advanced premiums | 226.8 | 218.9 |
| Liabilities related to separate accounts | 3.3 | 3.1 |
| Other liabilities | 1,161.8 | 848.8 |
| Investment borrowings | 2,188.8 | 2,189.3 |
| Borrowings related to variable interest entities | 497.6 | 820.8 |
| Notes payable – direct corporate obligations | 1,833.5 | 1,140.5 |
| Total liabilities | 35,354.2 | 32,811.5 |
| Commitments and Contingencies (Note 8) | ||
| Shareholders' equity: | ||
| Common stock ($0.01 par value, 8,000,000,000 shares authorized, shares issued and outstanding: 2024 - 101,618,957 and 2023 - 109,357,540) | 1.0 | 1.1 |
| Additional paid-in capital | 1,632.5 | 1,891.5 |
| Accumulated other comprehensive loss | (1,371.4) | (1,576.8) |
| Retained earnings | 2,236.3 | 1,899.8 |
| Total shareholders' equity | 2,498.4 | 2,215.6 |
| Total liabilities and shareholders' equity | $37,852.6 | $35,027.1 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.