CNO Financial Group, Inc.
For the period ended Dec 31, 2025. Filed Feb 24, 2026.
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FY2025 · Filed Feb 24, 2026
CNO$57.93+0.3%Stored close · as of Nov 11, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheet at December 31, 2025 and 2024
December 31, 2025 and 2024
ASSETS
| 2025 | 2024 | |
|---|---|---|
| Investments: | ||
| Fixed maturities, available for sale, at fair value (net of allowance for credit losses: 2025 - $36.0 and 2024 - $37.1; amortized cost: 2025 - $25,776.4 and 2024 - $25,151.0) | $23,886.8 | $22,730.1 |
| Equity securities at fair value | 389.2 | 272.4 |
| Mortgage loans (net of allowance for credit losses: 2025 - $20.9 and 2024 - $13.6) | 3,256.8 | 2,506.3 |
| Policy loans | 140.9 | 135.3 |
| Trading securities | 294.8 | 304.2 |
| Investments held by variable interest entities (net of allowance for credit losses: 2025 - $0.6 and 2024 - $1.3; amortized cost: 2025 - $294.1 and 2024 - $437.0) | 293.0 | 433.8 |
| Other invested assets | 1,737.0 | 1,491.5 |
| Total investments | 29,998.5 | 27,873.6 |
| Cash and cash equivalents - unrestricted | 956.1 | 1,656.7 |
| Cash and cash equivalents held by variable interest entities | 27.4 | 341.0 |
| Accrued investment income | 286.0 | 286.4 |
| Present value of future profits | 143.6 | 161.0 |
| Deferred acquisition costs | 2,397.3 | 2,158.6 |
| Reinsurance receivables (net of allowance for credit losses: 2025 - $1.0 and 2024 - $3.0) | 3,677.5 | 3,854.7 |
| Income tax assets, net | 713.3 | 814.1 |
| Assets held in separate accounts | 2.8 | 3.3 |
| Other assets | 588.1 | 699.9 |
| Total assets | $38,790.6 | $37,849.3 |
(continued on next page)
CONSOLIDATED BALANCE SHEET, continued
December 31, 2025 and 2024
LIABILITIES AND SHAREHOLDERS' EQUITY
| 2025 | 2024 | |
|---|---|---|
| Liabilities: | ||
| Liabilities for insurance products: | ||
| Policyholder account balances | $18,912.6 | $17,594.2 |
| Future policy benefits | 11,898.0 | 11,705.5 |
| Market risk benefit liability | 48.1 | 60.0 |
| Liability for life insurance policy claims | 58.4 | 61.1 |
| Unearned and advanced premiums | 228.0 | 226.8 |
| Liabilities related to separate accounts | 2.8 | 3.3 |
| Other liabilities | 952.8 | 1,163.3 |
| Investment borrowings | 2,441.7 | 2,188.8 |
| Borrowings related to variable interest entities | 274.4 | 497.6 |
| Notes payable – direct corporate obligations | 1,335.6 | 1,833.5 |
| Total liabilities | 36,152.4 | 35,334.1 |
| Commitments and Contingencies (Note 8) | ||
| Shareholders' equity: | ||
| Common stock ($0.01 par value, 8,000,000,000 shares authorized, shares issued and outstanding: 2025 - 94,484,339 and 2024 - 101,618,957) | 0.9 | 1.0 |
| Additional paid-in capital | 1,336.3 | 1,632.5 |
| Accumulated other comprehensive loss | (1,115.0) | (1,371.4) |
| Retained earnings | 2,416.0 | 2,253.1 |
| Total shareholders' equity | 2,638.2 | 2,515.2 |
| Total liabilities and shareholders' equity | $38,790.6 | $37,849.3 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.