Cno Financial Group, Inc. · NYSE:CNO
Cno Financial — Corporate Update (April 2014)
7 slides from Cno Financial's corporate update, Apr 22, 2014
Slide 1: Revised Segment Reporting
Revised Segment Reporting April 22, 2014 Exhibit 99.1
Slide 2: OCB Transactions - Overview
CNO Financial Group | Revised Segment Reporting | April 22, 2014 2 Annuities & Deposits $705** Interest- Sensitive Life $2,232 LTC $525* Traditional Life $424 Annuities & Deposits $788 Other Health $7 Interest- Sensitive Life $166 OCB Transactions - Overview 12/31/13 OCB Net Statutory Reserves Retai
Slide 3: Revised Segment Reporting
CNO Financial Group | Revised Segment Reporting | April 22, 2014 3 • Certain businesses previously reported in the OCB segment and retained by CNO (annuity, interest-sensitive life, and health) will now be reported in the Washington National segment. OCB Businesses Not Sold or Ceded • The business o
Slide 4: Navigating CNO's Quarterly Financial Supplement
CNO Financial Group | Revised Segment Reporting | April 22, 2014 4 Navigating CNO’s Quarterly Financial Supplement At closing, Bankers Life’s results will reflect the life insurance recapture from Wilton Re. Transition services agreement begins with revenue less expense reported as a non- operat
Slide 5: Financial Reporting Impact
CNO Financial Group | Revised Segment Reporting | April 22, 2014 5 Financial Reporting Impact 1 2 1 – EBIT (excluding residual expenses) from blocks of business sold to Wilton Re 2 – EBIT (excluding residual expenses) from retained blocks of business 3 – Comprised of ($8.0mm) of EBIT from closed blo
Slide 6: Appendix
CNO Financial Group | Revised Segment Reporting | April 22, 2014 6 Appendix
Slide 7: Quarterly Earnings
CNO Financial Group | Revised Segment Reporting | April 22, 2014 7 Quarterly Earnings CNO *Management believes that an analysis of earnings before the operations of CLIC being sold, loss on reinsurance transaction, net realized investment gains (losses), fair value changes in embedded derivative lia