CNO Financial Group Reports Third Quarter 2024 Results
1. CNO's 3Q24 net income fell to $9.3 million, down from $167.3 million. 2. Non-economic impacts affected net income; operating income increased 26% to $119.2 million. 3. Annuity premiums grew 25%, indicating solid sales performance and growth strategy success. 4. CNO's book value per share rose to $25.86, supporting strong capital management. 5. The company plans to repurchase $331.8 million in stock, enhancing shareholder value.