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Stock impact report

AM Best Affirms Credit Ratings of CNO Financial Group, Inc. and Its Life/Health Subsidiaries [Yahoo! Finance]

CNO Financial Group, Inc. (CNO) 
Last cno financial group, inc. earnings: 2/11 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Ratings (Long-Term ICR) of "a" (Excellent) of the life/health insurance subsidiaries of CNO Financial Group, Inc. (headquartered in Carmel, IN) [NYSE: CNO]. These subsidiaries are collectively referred to as CNO Financial Group (CNO). Concurrently, AM Best has affirmed the Long-Term ICR of "bbb" (Good) and the Long-Term Issue Credit Ratings (Long-Term IRs) of CNO Financial Group, Inc. The outlook of these Credit Ratings (ratings) is stable. (See below for a detailed listing of the companies and Long-Term IRs.) The ratings reflect CNO's balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management. The affirmation of CNO's ratings is reflective of the very strong balance sheet strength upheld alongside the strong operating performance. AM Best has observed CNO's continued favorable premium growth trends through its diversified range of income sources, which has resulted Show less Read more
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