CNO Financial : Third Quarter 2024 Washington National Insurance Company

CNO

STATEMENT AS OF SEPTEMBER 30, 2024 OF THE WASHINGTON NATIONAL INSURANCE COMPANY

ASSETS

Current Statement Date

4

1

2

3

December 31

Net Admitted Assets

Prior Year Net

Assets

Nonadmitted Assets

(Cols. 1 - 2)

Admitted Assets

1.

Bonds

............ 5,260,473,071

...................................

............

5,260,473,071

............ 5,248,017,819

2.

Stocks:

2.1 Preferred stocks

33,730,983

...................................

..................

33,730,983

................. 33,780,983

2.2 Common stocks

109,455,571

...................................

................

109,455,571

................106,279,461

3. Mortgage loans on real estate:

3.1 First liens

96,371,691

...................................

96,371,691

102,140,004

3.2 Other than first liens

...................................

...................................

...................................

...................................

4.

Real estate:

4.1 Properties occupied by the company (less $

encumbrances)

...................................

...................................

...................................

...................................

4.2 Properties held for the production of income (less

$

encumbrances)

...................................

...................................

...................................

...................................

4.3 Properties held for sale (less $

.......................................................................................encumbrances)

................. 41,180,210

...................................

................. 41,180,210

................. 41,204,460

5.

Cash ($

40,968,571 ), cash equivalents

($

4,614,155

) and short-term

investments ($

...................................

)

45,582,726

...................................

45,582,726

54,555,732

6.

Contract loans (including $

................................... premium notes)

17,808,141

5,535

17,802,606

19,042,695

7.

Derivatives

4,408,799

...................................

4,408,799

4,073,081

8.

Other invested assets

221,135,819

1,236

221,134,583

225,997,988

9.

Receivables for securities

...................................

...................................

...................................

...................................

10.

Securities lending reinvested collateral assets

...................................

...................................

...................................

...................................

11.

Aggregate write-ins for invested assets

...................................

...................................

...................................

...................................

12.

Subtotals, cash and invested assets (Lines 1 to 11)

5,830,147,011

6,771

5,830,140,240

5,835,092,225

13.

Title plants less $

charged off (for Title insurers

only)

...................................

...................................

...................................

...................................

14.

Investment income due and accrued

61,735,500

...................................

61,735,500

61,987,629

15. Premiums and considerations:

15.1

Uncollected premiums and agents' balances in the course of collection

13,459,343

1,231,514

12,227,830

11,507,005

15.2

Deferred premiums, agents' balances and installments booked but

...................................deferred and not yet due (including $

earned but unbilled premiums)

2,648,473

...................................

2,648,473

2,710,759

15.3

Accrued retrospective premiums ($

) and

contracts subject to redetermination ($

)

................................... ................................... ................................... ...................................

16. Reinsurance:

16.1

Amounts recoverable from reinsurers

...................2,226,011

...................................

...................2,226,011

................... 2,363,891

16.2

Funds held by or deposited with reinsured companies

...................................

...................................

...................................

...................................

16.3

Other amounts receivable under reinsurance contracts

................... 2,933,414

...................... 978,846

...................1,954,568

................... 3,605,575

17.

Amounts receivable relating to uninsured plans

...................................

...................................

...................................

...................................

18.1

....Current federal and foreign income tax recoverable and interest thereon

................... 2,197,931

...................................

................... 2,197,931

...................................

18.2

...................................................................................Net deferred tax asset

............... 186,866,659

............... 152,815,248

................. 34,051,411

................. 38,182,114

19.

Guaranty funds receivable or on deposit

...................2,184,562

...................................

2,184,562

2,467,565

20.

Electronic data processing equipment and software

55,173,984

53,251,113

1,922,871

4,537,167

21. Furniture and equipment, including health care delivery assets

($

)

...................2,090,545

...................2,090,545

...................................

...................................

22.

.........Net adjustment in assets and liabilities due to foreign exchange rates

...................................

...................................

...................................

...................................

23.

.....................................Receivables from parent, subsidiaries and affiliates

...................... 324,285

...................................

...................... 324,285

...................................

24.

Health care ($

) and other amounts receivable

................. 39,370,048

................. 38,900,388

...................... 469,659

...................... 486,204

25.

........................................Aggregate write-ins for other than invested assets

...................... 300,190

...................................

...................... 300,190

...................... 449,711

26.

Total assets excluding Separate Accounts, Segregated Accounts and

Protected Cell Accounts (Lines 12 to 25)

............ 6,201,657,954

................249,274,425

............ 5,952,383,529

............ 5,963,389,844

27.

From Separate Accounts, Segregated Accounts and Protected Cell

Accounts

................... 3,284,166

...................................

................... 3,284,166

................... 3,099,692

28.

Total (Lines 26 and 27)

6,204,942,120

249,274,425

5,955,667,695

5,966,489,536

DETAILS OF WRITE-INS

1101.

......................................................................................................................

....................................

....................................

....................................

....................................

1102.

......................................................................................................................

....................................

....................................

....................................

....................................

1103.

......................................................................................................................

....................................

....................................

....................................

....................................

1198.

...................Summary of remaining write-ins for Line 11 from overflow page

...................................

...................................

...................................

...................................

1199.

Totals (Lines 1101 through 1103 plus 1198)(Line 11 above)

2501.

Transferable state tax credits

.................................................................

...................... 300,190

...................................

...................... 300,190

...................... 449,711

2502.

.......................................................................................................................

....................................

....................................

....................................

....................................

2503.

.......................................................................................................................

....................................

....................................

....................................

....................................

2598.

...................Summary of remaining write-ins for Line 25 from overflow page

...................................

...................................

...................................

...................................

2599.

Totals (Lines 2501 through 2503 plus 2598)(Line 25 above)

300,190

300,190

449,711

2

STATEMENT AS OF SEPTEMBER 30, 2024 OF THE WASHINGTON NATIONAL INSURANCE COMPANY

LIABILITIES, SURPLUS AND OTHER FUNDS

1

2

Current

December 31

Statement Date

Prior Year

1.

Aggregate reserve for life contracts $

................671,648,154

less $

included in Line 6.3

(including $

Modco Reserve)

671,648,154

701,098,633

2.

Aggregate reserve for accident and health contracts (including $

Modco Reserve)

3,727,256,368

3,654,248,404

3.

Liability for deposit-type contracts (including $

Modco Reserve)

843,830,058

860,958,793

4.

Contract claims:

4.1 Life

6,671,213

6,650,677

4.2 Accident and health

159,623,419

166,913,128

5.

Policyholders' dividends/refunds to members $

and coupons $

due

and unpaid

...................................

...................................

6. Provision for policyholders' dividends, refunds to members and coupons payable in following calendar year - estimated amounts:

6.1

Policyholders' dividends and refunds to members apportioned for payment (including $

Modco)

...................... 444,329

.......................457,742

6.2

Policyholders' dividends and refunds to members not yet apportioned (including $

Modco)

...................................

6.3

Coupons and similar benefits (including $

Modco)

...................................

7.

Amount provisionally held for deferred dividend policies not included in Line 6

...................................

8.

Premiums and annuity considerations for life and accident and health contracts received in advance less

$

................................... discount; including $

20,641,413 accident and health premiums

................. 20,695,941

................. 20,596,735

9. Contract liabilities not included elsewhere:

9.1

Surrender values on canceled contracts

...................................

...................................

9.2

Provision for experience rating refunds, including the liability of $

accident and health

experience rating refunds of which $

is for medical loss ratio rebate per the Public Health

Service Act

...................................

...................................

9.3 Other amounts payable on reinsurance, including $

1,046,728

assumed and $

112,924

ceded

1,159,653

2,122,810

9.4 Interest Maintenance Reserve

118,067,398

125,845,696

10.

Commissions to agents due or accrued-life and annuity contracts $

54,212 , accident and health

$

................... 5,945,932

and deposit-type contract funds $

..................................................

...................6,000,144

...................4,610,190

11.

..............................................................................Commissions and expense allowances payable on reinsurance assumed

...................................

...................................

12.

............................................................................................................................................General expenses due or accrued

................. 13,390,195

................. 11,367,891

13.

Transfers to Separate Accounts due or accrued (net) (including $

accrued for expense

allowances recognized in reserves, net of reinsured allowances)

............................. 153

............................. (62)

14.

Taxes, licenses and fees due or accrued, excluding federal income taxes

................... 5,037,569

................... 4,893,894

15.1

Current federal and foreign income taxes, including $

on realized capital gains (losses)

...................................

................... 3,088,631

15.2

Net deferred tax liability

...................................

...................................

16.

Unearned investment income

.......................217,305

...................... 231,512

17.

.......................................................................................Amounts withheld or retained by reporting entity as agent or trustee

...................... 294,208

.......................257,243

18.

...................Amounts held for agents' account, including $

...........................................1,331,489 agents' credit balances

................... 1,331,489

...................1,050,940

19.

........................................................................................................................................Remittances and items not allocated

................... 8,153,292

................... 3,012,156

20.

Net adjustment in assets and liabilities due to foreign exchange rates

...................................

...................................

21.

.......................................................................................Liability for benefits for employees and agents if not included above

...................................

...................................

22.

Borrowed money $

and interest thereon $

...........................................

...................................

...................................

23.

.......................................................................................................................Dividends to stockholders declared and unpaid

...................................

...................................

24.

Miscellaneous liabilities:

...................................................................................................................................................24.01 Asset valuation reserve

................. 84,094,897

................. 76,156,762

...................................24.02 Reinsurance in unauthorized and certified ($

.......................................................) companies

...................................

...................................

24.03 Funds held under reinsurance treaties with unauthorized and certified ($

................................... ) reinsurers

...................................

...................................

24.04 Payable to parent, subsidiaries and affiliates

...................5,809,286

...................8,106,604

...........................................................................................................................................................24.05 Drafts outstanding

...................................

...................................

............................................................................................................24.06 Liability for amounts held under uninsured plans

...................................

...................................

........................................................................................................................................24.07 Funds held under coinsurance

...................................

...................................

24.08 Derivatives

...................................

...................................

24.09 Payable for securities

...................................

...................................

.........................................................................................................................................24.10 Payable for securities lending

...................................

...................................

24.11 Capital notes $

and interest thereon $

...........................................

...................................

...................................

25.

Aggregate write-ins for liabilities

15,674,744

14,454,737

26.

Total liabilities excluding Separate Accounts business (Lines 1 to 25)

5,689,399,815

5,666,123,119

27.

From Separate Accounts Statement

3,284,166

3,099,692

28.

Total liabilities (Lines 26 and 27)

5,692,683,980

5,669,222,811

29.

Common capital stock

25,036,850

25,036,850

30.

..............................................................................................................................................................Preferred capital stock

...................................

...................................

31.

..........................................................................................................Aggregate write-ins for other than special surplus funds

...................................

...................................

32.

............................................................................................................................................................................Surplus notes

...................................

...................................

33.

.......................................................................................................................................Gross paid in and contributed surplus

................946,375,943

............ 1,006,375,943

34.

Aggregate write-ins for special surplus funds

...................................

...................................

35.

Unassigned funds (surplus)

..............(708,429,079)

..............(734,146,068)

36.

Less treasury stock, at cost:

36.1

...................................

shares common (value included in Line 29

$

)

...................................

...................................

36.2

...................................

shares preferred (value included in Line 30

$

)

...................................

...................................

37.

Surplus (Total Lines 31+32+33+34+35-36) (including $

in Separate Accounts Statement)

237,946,865

272,229,875

38.

Totals of Lines 29, 30 and 37

262,983,715

297,266,725

39.

Totals of Lines 28 and 38 (Page 2, Line 28, Col. 3)

5,955,667,695

5,966,489,536

DETAILS OF WRITE-INS

2501.

.......................................................................................................................................................................Unclaimed funds

................. 15,674,744

................. 14,454,737

2502

....................................

....................................

2503

....................................

....................................

2598.

..............................................................................................Summary of remaining write-ins for Line 25 from overflow page

...................................

...................................

2599.

Totals (Lines 2501 through 2503 plus 2598)(Line 25 above)

15,674,744

14,454,737

3101

....................................

....................................

3102. ................................................................................................................................................................................................... .................................... ....................................

3103. ................................................................................................................................................................................................... .................................... ....................................

3198. Summary of remaining write-ins for Line 31 from overflow page .............................................................................................. ................................... ...................................

3199. Totals (Lines 3101 through 3103 plus 3198)(Line 31 above)

3401. ................................................................................................................................................................................................... .................................... ....................................

3402. ................................................................................................................................................................................................... .................................... ....................................

3403. ................................................................................................................................................................................................... .................................... ....................................

3498. Summary of remaining write-ins for Line 34 from overflow page .............................................................................................. ................................... ...................................

3499. Totals (Lines 3401 through 3403 plus 3498)(Line 34 above)

3

STATEMENT AS OF SEPTEMBER 30, 2024 OF THE WASHINGTON NATIONAL INSURANCE COMPANY

SUMMARY OF OPERATIONS

1

2

3

Current Year

Prior Year

Prior Year Ended

To Date

To Date

December 31

1.

Premiums and annuity considerations for life and accident and health contracts

................625,428,725

................584,876,131

................784,266,833

2.

Considerations for supplementary contracts with life contingencies

........................ 74,433

.......................235,335

.......................235,335

3.

Net investment income

............... 221,921,845

................211,243,529

................287,392,747

4.

Amortization of Interest Maintenance Reserve (IMR)

...................6,158,424

...................6,999,826

................... 9,352,680

5.

Separate Accounts net gain from operations excluding unrealized gains or losses

...................................

...................................

...................................

6.

Commissions and expense allowances on reinsurance ceded

.......................773,331

................... 1,003,226

................... 1,230,507

7.

Reserve adjustments on reinsurance ceded

...................................

...................................

...................................

8.

Miscellaneous Income:

8.1 Income from fees associated with investment management, administration and contract

guarantees from Separate Accounts

........................ 29,311

........................ 26,060

........................ 35,206

8.2 Charges and fees for deposit-type contracts

..........................6,804

..........................5,704

.......................... 7,636

8.3 Aggregate write-ins for miscellaneous income

112,784

21,396,400

21,400,632

9.

Totals (Lines 1 to 8.3)

854,505,657

825,786,211

1,103,921,576

10.

Death benefits

18,913,552

................. 16,717,069

................. 21,016,892

11.

Matured endowments (excluding guaranteed annual pure endowments)

...................... 652,867

...................... 526,094

...................... 844,574

12.

Annuity benefits

................. 16,583,162

................. 18,466,783

................. 25,452,646

13.

Disability benefits and benefits under accident and health contracts

................384,207,650

................354,203,301

................479,153,122

14.

Coupons, guaranteed annual pure endowments and similar benefits

...................................

...................................

...................................

15.

Surrender benefits and withdrawals for life contracts

................. 23,842,849

................. 25,957,210

................. 31,723,630

16.

Group conversions

...................................

...................................

...................................

17.

Interest and adjustments on contract or deposit-type contract funds

................. 23,539,043

................. 20,897,662

................. 29,141,327

18.

Payments on supplementary contracts with life contingencies

................... 2,335,885

...................2,562,159

................... 3,371,119

19.

Increase in aggregate reserves for life and accident and health contracts

43,557,485

51,019,828

70,853,516

20.

Totals (Lines 10 to 19)

................513,632,492

................490,350,107

............... 661,556,826

21.

Commissions on premiums, annuity considerations, and deposit-type contract funds (direct

business only)

................117,730,488

............... 110,028,891

................147,767,183

22.

Commissions and expense allowances on reinsurance assumed

...................2,159,164

................... 2,309,193

................... 3,054,665

23.

General insurance expenses and fraternal expenses

............... 160,466,666

................152,206,307

............... 208,414,415

24.

Insurance taxes, licenses and fees, excluding federal income taxes

................. 19,404,186

................. 17,877,711

................. 22,726,241

25.

Increase in loading on deferred and uncollected premiums

...................... (48,886)

.....................(111,965)

.....................(108,987)

26.

Net transfers to or (from) Separate Accounts net of reinsurance

.....................(207,627)

...................... (25,499)

.......................(88,781)

27.

Aggregate write-ins for deductions

(8,714,018)

(11,536,726)

(18,219,193)

28.

Totals (Lines 20 to 27)

804,422,466

761,098,019

1,025,102,370

29.

Net gain from operations before dividends to policyholders and federal income taxes (Line 9 minus

Line 28)

................. 50,083,191

................. 64,688,193

................. 78,819,206

30.

Dividends to policyholders and refunds to members

320,760

338,589

443,392

31.

Net gain from operations after dividends to policyholders, refunds to members and before federal

income taxes (Line 29 minus Line 30)

................. 49,762,431

................. 64,349,604

................. 78,375,814

32.

Federal and foreign income taxes incurred (excluding tax on capital gains)

15,185,219

19,086,079

26,121,543

33.

Net gain from operations after dividends to policyholders, refunds to members and federal income

taxes and before realized capital gains or (losses) (Line 31 minus Line 32)

................. 34,577,212

................. 45,263,525

................. 52,254,271

34. Net realized capital gains (losses) (excluding gains (losses) transferred to the IMR) less capital

gains tax of $

(668,718) (excluding taxes of $

(281,335)

transferred to the IMR)

1,568,567

(7,756,493)

(7,706,526)

35.

Net income (Line 33 plus Line 34)

36,145,780

37,507,032

44,547,745

CAPITAL AND SURPLUS ACCOUNT

36.

Capital and surplus, December 31, prior year

297,266,725

282,581,451

282,581,451

37.

Net income (Line 35)

36,145,780

37,507,032

44,547,745

38.

Change in net unrealized capital gains (losses) less capital gains tax of $

(118,084)

2,726,416

9,591,340

11,045,508

39.

Change in net unrealized foreign exchange capital gain (loss)

...................................

...................................

...................................

40.

Change in net deferred income tax

6,441,480

(4,080,931)

3,308,304

41.

............................................................................................................Change in nonadmitted assets

................(11,658,551)

................. 73,790,274

................. 53,567,191

42.

.......................................Change in liability for reinsurance in unauthorized and certified companies

...................................

...................................

...................................

43.

..........................Change in reserve on account of change in valuation basis, (increase) or decrease

...................................

...................................

...................................

44.

Change in asset valuation reserve

(7,938,135)

(6,985,265)

(9,783,473)

45.

Change in treasury stock

...................................

...................................

...................................

46.

.........................................Surplus (contributed to) withdrawn from Separate Accounts during period

...................................

...................................

...................................

47.

................................................................Other changes in surplus in Separate Accounts Statement

...................................

...................................

...................................

48.

Change in surplus notes

...................................

...................................

...................................

49.

Cumulative effect of changes in accounting principles

...................................

...................................

...................................

50.

Capital changes:

50.1 Paid in

...................................

...................................

...................................

..................................................................................50.2 Transferred from surplus (Stock Dividend)

...................................

...................................

...................................

50.3 Transferred to surplus

...................................

...................................

...................................

51.

Surplus adjustment:

51.1 Paid in

(60,000,000)

(48,000,000)

(88,000,000)

........................................................................................51.2 Transferred to capital (Stock Dividend)

...................................

...................................

...................................

...............................................................................................................51.3 Transferred from capital

...................................

...................................

...................................

...............................................................................51.4 Change in surplus as a result of reinsurance

...................................

...................................

...................................

52.

Dividends to stockholders

...................................

...................................

...................................

53.

.............................................................................Aggregate write-ins for gains and losses in surplus

54.

Net change in capital and surplus for the year (Lines 37 through 53)

(34,283,011)

61,822,450

14,685,275

55.

Capital and surplus, as of statement date (Lines 36 + 54)

262,983,715

344,403,901

297,266,725

DETAILS OF WRITE-INS

...............................................................................08.301. Utilization of transferable state tax credits

.......................102,323

........................ 31,675

........................ 31,675

..........................................................................................................................08.302. Miscellaneous income

........................ 10,461

........................ 14,725

........................ 18,957

.......................................................................................................08.303. Legal recoveries from settlements with third parties

21,350,000

21,350,000

........................................................08.398. Summary of remaining write-ins for Line 8.3 from overflow page

...................................

...................................

...................................

08.399. Totals (Lines 08.301 through 08.303 plus 08.398) (Line 8.3 above)

112,784

21,396,400

21,400,632

2701.

Reserve adjustments on reinsurance assumed

(8,697,923)

(10,519,904)

(13,828,046)

2702.

Transfer of life and annuity reserves under coinsurance ceded agreements

.................................

...................... (16,095)

.......................(37,976)

...................... (41,166)

2703.

.....................Transfer of annuity reserves under coinsurance assumed agreement with affiliate

...................................

...................................

..................(3,371,135)

2798.

.........................................................Summary of remaining write-ins for Line 27 from overflow page

...................................

.....................(978,846)

.....................(978,846)

2799.

Totals (Lines 2701 through 2703 plus 2798)(Line 27 above)

(8,714,018)

(11,536,726)

(18,219,193)

5301

....................................

....................................

....................................

5302. .............................................................................................................................................................. .................................... .................................... ....................................

5303. .............................................................................................................................................................. .................................... .................................... ....................................

5398. Summary of remaining write-ins for Line 53 from overflow page ............................................................................................ ................................... ...................................

5399. Totals (Lines 5301 through 5303 plus 5398)(Line 53 above)

4

STATEMENT AS OF SEPTEMBER 30, 2024 OF THE WASHINGTON NATIONAL INSURANCE COMPANY

CASH FLOW

Cash from Operations

1

Current Year

To Date

2

Prior Year

To Date

3

Prior Year Ended

December 31

1.

Premiums collected net of reinsurance

............... 625,286,905

................585,838,603

................783,994,396

2.

Net investment income

................211,456,903

................201,111,003

................273,052,303

3.

Miscellaneous income

922,230

22,431,390

22,673,981

4.

Total (Lines 1 to 3)

837,666,038

809,380,996

1,079,720,680

5.

Benefit and loss related payments

................467,820,527

................429,716,427

................573,792,618

6.

.................Net transfers to Separate Accounts, Segregated Accounts and Protected Cell Accounts

.....................(207,843)

...................... (26,061)

.......................(89,302)

7.

...............................................Commissions, expenses paid and aggregate write-ins for deductions

................286,085,351

................261,756,821

................353,305,225

8.

Dividends paid to policyholders

.......................334,173

.......................354,871

...................... 465,013

9.

Federal and foreign income taxes paid (recovered) net of $

(950,052) tax on capital

gains (losses)

19,521,729

14,850,208

18,198,800

10.

Total (Lines 5 through 9)

773,553,938

706,652,265

945,672,355

11.

Net cash from operations (Line 4 minus Line 10)

64,112,100

102,728,731

134,048,325

Cash from Investments

12. Proceeds from investments sold, matured or repaid:

12.1

Bonds

............... 622,446,960

................372,327,991

................469,358,189

12.2

Stocks

...................................

................... 2,889,838

................... 2,900,636

12.3

Mortgage loans

................... 5,768,313

................... 3,463,335

...................4,644,140

12.4

Real estate

...................................

...................................

...................................

12.5

Other invested assets

................. 21,549,210

................... 9,016,879

................. 11,761,767

12.6

Net gains or (losses) on cash, cash equivalents and short-term investments

............................(637)

...................... (25,414)

...................... (24,158)

12.7

Miscellaneous proceeds

2,915,742

1,953,529

1,100,241

12.8 Total investment proceeds (Lines 12.1 to 12.7)

................652,679,588

................389,626,158

................489,740,815

13.

Cost of investments acquired (long-term only):

13.1

Bonds

................628,493,154

................445,746,733

................575,495,601

13.2

Stocks

.......................285,437

................. 14,250,000

................. 14,250,000

13.3

Mortgage loans

...................................

...................................

...................................

13.4

Real estate

...................................

...................................

...................................

13.5

Other invested assets

................. 16,851,998

................... 6,121,730

................. 13,157,057

13.6

Miscellaneous applications

1

481,354

556,995

13.7

Total investments acquired (Lines 13.1 to 13.6)

645,630,590

466,599,817

603,459,653

14.

Net increase (or decrease) in contract loans and premium notes

(1,243,895)

(134,605)

(289,524)

15.

Net cash from investments (Line 12.8 minus Line 13.7 and Line 14)

8,292,893

(76,839,054)

(113,429,314)

Cash from Financing and Miscellaneous Sources

16.

Cash provided (applied):

16.1

Surplus notes, capital notes

...................................

...................................

...................................

16.2

Capital and paid in surplus, less treasury stock

................(60,000,000)

................(48,000,000)

................(88,000,000)

16.3

Borrowed funds

...................................

...................................

...................................

16.4

Net deposits on deposit-type contracts and other insurance liabilities

................(17,128,735)

................. 37,645,482

..................36,734,703

..........................................................................................................16.5 Dividends to stockholders

...................................

...................................

...................................

....................................................................................................16.6 Other cash provided (applied)

(4,249,265)

46,423,968

37,898,809

17.

Net cash from financing and miscellaneous sources (Line 16.1 through Line 16.4 minus Line 16.5

plus Line 16.6)

(81,378,000)

36,069,450

(13,366,488)

RECONCILIATION OF CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS

18.

.Net change in cash, cash equivalents and short-term investments (Line 11, plus Lines 15 and 17)

................. (8,973,007)

................. 61,959,126

................... 7,252,524

19.

Cash, cash equivalents and short-term investments:

19.1

Beginning of year

................. 54,555,732

................. 47,303,208

................. 47,303,208

19.2 End of period (Line 18 plus Line 19.1)

45,582,725

109,262,334

54,555,732

Note: Supplemental disclosures of cash flow information for non-cash transactions:

20.0001.

Capitalized interest

................... 1,118,676

...................... 381,491

...................... 388,806

20.0002.

Exchanges, conversions and transfers of invested assets

................... 3,462,985

...................... 790,000

...................2,495,610

5

STATEMENT AS OF SEPTEMBER 30, 2024 OF THE WASHINGTON NATIONAL INSURANCE COMPANY

EXHIBIT 1

DIRECT PREMIUMS AND DEPOSIT-TYPE CONTRACTS

1

2

3

Current Year

Prior Year

Prior Year Ended

To Date

To Date

December 31

1.

Individual life

................. 46,784,154

................. 44,259,897

................. 58,777,924

2.

Group life

215,837

.......................239,117

.......................313,270

3.

Individual annuities

1,084,371

1,232,192

1,519,436

4.

Group annuities

17,376

7,450

7,450

5.

Accident & health

578,009,237

540,056,038

724,290,123

6.

Fraternal

...................................

...................................

...................................

7.

Other lines of business

...................................

...................................

...................................

8.

Subtotal (Lines 1 through 7)

626,110,976

585,794,694

784,908,203

9.

Deposit-type contracts

...................................

............... 150,000,000

............... 150,000,000

10.

Total (Lines 8 and 9)

626,110,976

735,794,694

934,908,203

6

Disclaimer

CNO Financial Group Inc. published this content on November 15, 2024, and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on November 15, 2024 at 17:08:07.343.