CNO Financial reinsures legacy portfolio with Wilton Re


CNO Financial Group’s wholly-owned subsidiary, Bankers Life and Casualty Company has entered into an agreement with Wilton Reassurance Company (Wilton Re) to cede all of its legacy (prior to 2003) comprehensive and nursing home long-term care policies (with statutory reserves of approximately $2.7 billion) through 100 percent indemnity coinsurance.

CNO Financial Group, Wilton Re, Reinsurance, Insurance, Healthcare, Third quarter results 2018, Gary Bhojwani, North America

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