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CNO Financial Group CNO Funding agreements — Deferred Policy Acquisition Cost, Capitalization

Other product segments

Traditional life
$36M-5.0%
Fixed indexed annuities
$31.1M+3.7%
Supplemental health
$19.9M+13.7%
Interest-sensitive life
$11.5M+19.8%
Medicare supplement
$10M+35.1%
Long-term care
$9.1M+18.2%
Fixed interest annuities
$2.7M-12.9%

Similar metrics at other companies

ESN
ESNTDeferred Policy Acquisition Cost, Capitalization
$22.1M+5,425%
Fidelity National Financial logo
FNFIndexed annuities — Deferred Policy Acquisition Cost, Capitalization
$126M0.0%
Fidelity National Financial logo
FNFUniversal Life — Deferred Policy Acquisition Cost, Capitalization
$77M+11.6%
Reinsurance Group of America logo
RGAInsurance, Other — Deferred Policy Acquisition Cost, Capitalization
$63M+6.8%
F&G Annuities & Life logo
FGIndexed annuities — Deferred Policy Acquisition Cost, Capitalization
$124M-8.8%
F&G Annuities & Life logo
FGUniversal life — Deferred Policy Acquisition Cost, Capitalization
$69M0.0%

Other financials

Income statement

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Revenue$1.3B+11.6%
Net income$125.9M+37.1%
EPS (diluted)$1.33+46.2%

Balance sheet

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Cash & equivalents$1.3B+60.0%
Total debt$1.4B-41.0%
Total equity$2.6B+2.7%
Total assets$39.9B+6.8%

Cash flow

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Operating cash flow$156.6M+7.6%

Valuation

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Market cap$5.14B+43.3%
P/E18.4×+6.6×
P/S1.1×+0.3×

Profitability

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Net margin6%-1.0pp

Returns & leverage

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Return on equity10.9%-1.4pp
Debt / equity0.5×-0.4×

Where this comes from

Reported directly by CNO Financial Group in its filing.

Tagged under the XBRL concept us-gaap:DeferredPolicyAcquisitionCostsAdditions.

The source filing: CNO Financial Group’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:14 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001224608-26-000064
Line itemSix months ended / Fixed indexed annuitiesSix months ended / Fixed interest annuitiesSix months ended / Supplemental healthSix months ended / Medicare supplementSix months ended / Long-term careSix months ended / Interest-sensitive lifeSix months ended / Traditional lifeSix months ended / Funding agreementsSix months ended / Total
Beginning of period$497.4$41.8$473.5$162.9$165.3$277.5$592.2$10.1$2,220.7
Capitalizations56.55.037.620.317.420.962.92.2222.8
Amortization expense(34.8)(3.4)(20.2)(12.5)(8.4)(9.0)(37.7)(2.2)(128.2)
End of period$519.1$43.4$490.9$170.7$174.3$289.4$617.4$10.1$2,315.3

ITEM 1. FINANCIAL STATEMENTS.

FAQ

What is CNO Financial Group's funding agreements — deferred policy acquisition cost, capitalization?
CNO Financial Group (CNO) reported funding agreements — deferred policy acquisition cost, capitalization of $1.9M in Q2 2026.
What is the long-term trend for CNO Financial Group's funding agreements — deferred policy acquisition cost, capitalization?
Over 3 years (2021 to 2025), CNO Financial Group's funding agreements — deferred policy acquisition cost, capitalization has grown at a 2.9% compound annual growth rate (CAGR), from $3.4M to $3.7M.
What does funding agreements — deferred policy acquisition cost, capitalization mean?
This metric measures the total incremental costs incurred and capitalized during a period to acquire new funding agreement contracts. It captures the initial investment required to originate these liabilities, which are subsequently amortized over the life of the agreements. Tracking this helps investors understand the company's current sales velocity and the associated upfront investment intensity for the funding agreement segment.

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