Group 1 - CNO Financial Group will host a virtual investor briefing on its Investments function on June 10, 2025, from 9:00 a.m. to approximately 10:00 a.m. Eastern Time [1] - The event aims to provide an in-depth look at the company's investment approach and portfolio performance, concluding with a Q&A session featuring key executives [2] - Participants can register for the event through the company's website and are advised to do so at least 15 minutes before the start [3] Group 2 - CNO Financial Group secures the future of middle-income America by providing life and health insurance, annuities, financial services, and workforce benefits solutions [5] - The company manages 3.2 million policies and has total assets amounting to $37.4 billion [5] - CNO employs 3,400 associates, 4,800 exclusive agents, and 5,500 independent partner agents to assist customers with financial decisions [5]

Group 1 - CNO Financial Group, Inc. provides life and health insurance, annuities, financial services, and workforce benefits solutions, focusing on middle-income America [1] - The company manages 3.2 million policies and has total assets amounting to $37.4 billion [1] - CNO employs 3,400 associates, 4,800 exclusive agents, and over 5,500 independent partner agents to assist customers with financial decisions [1] Group 2 - At the annual meeting, nine directors were elected to serve a one-year term [2] - The executive compensation for named executive officers was approved by a non-binding advisory vote [2] - PricewaterhouseCoopers LLP was ratified as the independent registered public accounting firm for 2025 [2] - The company approved an Amended and Restated Certificate of Incorporation to include a Replacement NOL Protective Amendment [2] - An Amended and Restated Long-Term Incentive Plan was approved [2] - An Amended and Restated Employee Stock Purchase Plan was also approved [2]

Core Viewpoint - CNO Financial Group, Inc. has announced a $0.01 increase in its quarterly dividend, marking the thirteenth consecutive annual increase, reflecting the company's commitment to returning value to shareholders [1]. Group 1: Dividend Announcement - The Board of Directors declared a quarterly cash dividend of $0.17 per share on the company's common shares [1]. - The dividend will be payable on June 24, 2025, to shareholders of record at the close of business on June 10, 2025 [1]. Group 2: Company Overview - CNO Financial Group, Inc. focuses on securing the future of middle-income America by providing life and health insurance, annuities, financial services, and workforce benefits solutions [2]. - The company operates through various brands, including Bankers Life, Colonial Penn, Optavise, and Washington National [2]. - CNO manages 3.2 million policies and has total assets amounting to $37.4 billion [2]. - The company employs 3,400 associates, 4,800 exclusive agents, and over 5,500 independent partner agents to assist customers with financial decisions [2].

Core Insights - CNO Financial Group reported a net income of $13.7 million, or $0.13 per diluted share, for Q1 2025, a significant decrease from $112.3 million, or $1.01 per diluted share, in Q1 2024. The decline was attributed to non-economic accounting impacts from market volatility [1][6] - The company's net operating income for Q1 2025 was $81.1 million, or $0.79 per diluted share, representing a 41% increase from $57.5 million, or $0.52 per diluted share, in Q1 2024. Significant items positively impacted both net income and net operating income by $5.3 million, or $0.05 per diluted share, in Q1 2025 [1][5][12] Financial Summary - Total revenues for Q1 2025 were $1,004.1 million, down from $1,156.5 million in Q1 2024. Insurance policy income increased to $650.7 million from $628.4 million, while net investment income from general account assets rose to $375.1 million from $301.9 million [28][29] - The company returned $116.8 million to shareholders, with a book value per share of $25.33, up 6% from the previous year. The return on equity (ROE) was reported at 12.1%, with an operating ROE of 12.6% [5][19][21] Operational Highlights - CNO's annuity collected premiums increased by 12%, and client assets in brokerage and advisory services rose by 16%. The Consumer Division's new annualized premiums (NAP) grew by 9%, with Medicare Supplement NAP up 24% [5] - The Worksite Division's NAP increased by 11%, and the producing agent count rose by 8%, indicating strong operational performance across key business segments [5] Investment Portfolio - As of March 31, 2025, CNO's fixed maturity portfolio had a fair value of $23.3 billion, with net unrealized losses of $2.3 billion. The allowance for credit losses was $38.9 million [15][18] - The consolidated statutory risk-based capital ratio for U.S.-based insurance subsidiaries was estimated at 379% as of March 31, 2025, reflecting strong capital management [16] Shareholder Information - The company repurchased $99.9 million of common stock during Q1 2025, with an average cost of $40.24 per share. As of March 31, 2025, CNO had 99.9 million shares outstanding and authority to repurchase an additional $640.4 million of common stock [17][19]