CNO Financial Reports Strong Q3 2026 Results with Raised Full-Year EPS Guidance
CNO Financial Group (CNO) delivered robust third-quarter 2026 results, highlighted by a 47% year-over-year increase in operating earnings per share to $1.90. The growth was primarily driven by favorable insurance product margins and strong investment performance, including a 13% rise in net investment income. Consequently, the company raised its full-year operating EPS guidance to a range of $5.05 to $5.15. The company saw significant expansion in several segments, including a 41% increase in Medicare Supplement Net Asset Premium (NAP) and an 18% rise in Worksite Life and Health NAP. While some morbidity challenges were noted in the Medicare Supplement and Supplemental Health sectors, these were partially offset by rate increases. CNO also optimized its capital efficiency through a $270 million reinsurance transaction in Bermuda.
Tickers: $CNO
Topics: Guidance Raise Insurance Products Net Investment Income Operating EPS Reinsurance Transaction