CNO FINANCIAL GROUP INC
Q2 2026 Form 13-F

CNO's major sources of income stem from the investment income earned on the underlying assets and the cost of index options purchased to provide returns based on external indices. The company has a significant presence in both the annuity and health insurance markets, collecting $1.583 billion in annuity premiums and $1.577 billion in health insurance premiums in 2023.

The company operates several subsidiaries, including Bankers Life and Casualty Company, Colonial Penn Life Insurance Company, and Washington National Insurance Company. These subsidiaries are licensed to operate in multiple states across the United States and the District of Columbia, as well as in Bermuda. They are subject to regulation by state insurance departments, the National Association of Insurance Commissioners (NAIC), and other federal authorities.

CNO's investment portfolio, managed by its subsidiary 40|86 Advisors, includes a mix of fixed-income securities, equities, and other investment products. This portfolio is subject to regulatory oversight to ensure compliance with investment regulations and to manage risks effectively.

As an employer, CNO Financial Group employs approximately 3,500 full-time associates and places a high priority on employee development, engagement, and well-being.

Overall, CNO Financial Group, Inc. is a comprehensive insurance provider, primarily focusing on middle-income consumers nearing or in retirement, with a strong regulatory compliance framework and a diverse portfolio of insurance and financial products.