XML 70 R59.htm IDEA: XBRL DOCUMENT
v3.24.3

LIABILITIES FOR INSURANCE PRODUCTS - SUMMARY OF CHANGES IN POLICYHOLDER ACCOUNT BALANCES (Details) - USD ($) $ in Millions | 9 Months Ended |
--- | --- | ---
Sep. 30, 2024 | Sep. 30, 2023 | Dec. 31, 2023
Policyholder Account Balance [Roll Forward] |  |  |
Policyholder account balances | $ 17,240.5 | $ 15,481.8 | $ 15,667.8
Net amount at risk | 29,200.0 | 27,900.0 |
Fixed indexed annuities |  |  |
Policyholder Account Balance [Roll Forward] |  |  |
Balance, beginning of period excluding contracts 100% ceded | 9,999.2 | 9,490.4 |
Issuances (funds collected from new business) | 1,132.6 | 996.6 |
Premiums received (premiums collected from inforce business) | 1.3 | 0.3 |
Policy charges | (23.2) | (14.4) |
Surrenders and withdrawals | (706.5) | (538.4) |
Benefit payments | (219.5) | (185.0) |
Interest credited | 244.1 | 52.7 |
Other | 40.0 | 17.0 |
Balance, end of period excluding contracts 100% ceded | 10,468.0 | 9,819.2 |
Balance, end of period for contracts 100% ceded | 126.8 | 141.4 |
Policyholder account balances | 10,594.8 | 9,960.6 |
Balance, end of period, reinsurance ceded | (126.8) | (141.4) |
Balance, end of period, net of reinsurance | $ 10,468.0 | $ 9,819.2 |
Weighted average crediting rate | 2.10% | 1.70% |
Cash surrender value, net of reinsurance | $ 9,772.1 | $ 9,152.8 |
Fixed interest annuities |  |  |
Policyholder Account Balance [Roll Forward] |  |  |
Balance, beginning of period excluding contracts 100% ceded | 1,636.4 | 1,663.1 |
Issuances (funds collected from new business) | 155.9 | 139.5 |
Premiums received (premiums collected from inforce business) | 2.5 | 2.1 |
Policy charges | (1.0) | (0.7) |
Surrenders and withdrawals | (134.4) | (124.7) |
Benefit payments | (81.0) | (80.8) |
Interest credited | 34.7 | 34.2 |
Other | (0.4) | (0.2) |
Balance, end of period excluding contracts 100% ceded | 1,612.7 | 1,632.5 |
Balance, end of period for contracts 100% ceded | 547.7 | 602.2 |
Policyholder account balances | 2,160.4 | 2,234.7 |
Balance, end of period, reinsurance ceded | (547.7) | (602.2) |
Balance, end of period, net of reinsurance | $ 1,612.7 | $ 1,632.5 |
Weighted average crediting rate | 2.80% | 2.80% |
Cash surrender value, net of reinsurance | $ 1,578.0 | $ 1,609.4 |
Other annuities |  |  |
Policyholder Account Balance [Roll Forward] |  |  |
Balance, beginning of period excluding contracts 100% ceded | 113.1 | 127.1 |
Issuances (funds collected from new business) | 0.0 | 0.0 |
Premiums received (premiums collected from inforce business) | 24.4 | 21.5 |
Policy charges | 0.0 | 0.0 |
Surrenders and withdrawals | (24.5) | (30.3) |
Benefit payments | (4.4) | (4.6) |
Interest credited | 1.6 | 1.8 |
Other | (0.4) | (0.3) |
Balance, end of period excluding contracts 100% ceded | 109.8 | 115.2 |
Balance, end of period for contracts 100% ceded | 26.2 | 26.2 |
Policyholder account balances | 136.0 | 141.4 |
Balance, end of period, reinsurance ceded | (26.2) | (26.2) |
Balance, end of period, net of reinsurance | $ 109.8 | $ 115.2 |
Weighted average crediting rate | 2.50% | 2.40% |
Cash surrender value, net of reinsurance | $ 109.8 | $ 115.2 |
Interest-sensitive life |  |  |
Policyholder Account Balance [Roll Forward] |  |  |
Balance, beginning of period excluding contracts 100% ceded | 1,255.2 | 1,209.6 |
Issuances (funds collected from new business) | 30.7 | 30.0 |
Premiums received (premiums collected from inforce business) | 158.3 | 152.4 |
Policy charges | (146.7) | (140.4) |
Surrenders and withdrawals | (26.4) | (24.3) |
Benefit payments | (17.4) | (19.6) |
Interest credited | 47.9 | 30.5 |
Other | (0.4) | (0.4) |
Balance, end of period excluding contracts 100% ceded | 1,301.2 | 1,237.8 |
Balance, end of period for contracts 100% ceded | 99.9 | 107.0 |
Policyholder account balances | 1,401.1 | 1,344.8 |
Balance, end of period, reinsurance ceded | (118.0) | (125.2) |
Balance, end of period, net of reinsurance | $ 1,283.1 | $ 1,219.6 |
Weighted average crediting rate | 4.90% | 4.00% |
Cash surrender value, net of reinsurance | $ 1,055.5 | $ 997.8 |
Funding agreements |  |  |
Policyholder Account Balance [Roll Forward] |  |  |
Balance, beginning of period excluding contracts 100% ceded | 1,411.0 | 1,410.8 |
Issuances (funds collected from new business) | 1,149.4 | 0.0 |
Premiums received (premiums collected from inforce business) | 0.0 | 0.0 |
Policy charges | 0.0 | 0.0 |
Surrenders and withdrawals | (24.2) | (24.2) |
Benefit payments | 0.0 | 0.0 |
Interest credited | 37.5 | 21.6 |
Other | 0.0 | 0.0 |
Balance, end of period excluding contracts 100% ceded | 2,573.7 | 1,408.2 |
Balance, end of period for contracts 100% ceded | 0.0 | 0.0 |
Policyholder account balances | 2,573.7 | 1,408.2 |
Balance, end of period, reinsurance ceded | 0.0 | 0.0 |
Balance, end of period, net of reinsurance | $ 2,573.7 | $ 1,408.2 |
Weighted average crediting rate | 3.50% | 2.00% |
Cash surrender value, net of reinsurance | $ 0.0 | $ 0.0 |
Other |  |  |
Policyholder Account Balance [Roll Forward] |  |  |
Balance, beginning of period excluding contracts 100% ceded | 381.0 | 395.5 |
Issuances (funds collected from new business) | 0.0 | 0.0 |
Premiums received (premiums collected from inforce business) | 206.9 | 201.0 |
Policy charges | 0.0 | 0.0 |
Surrenders and withdrawals | (225.6) | (216.6) |
Benefit payments | 0.0 | (0.1) |
Interest credited | 1.9 | 2.0 |
Other | 0.0 | 0.0 |
Balance, end of period excluding contracts 100% ceded | 364.2 | 381.8 |
Balance, end of period for contracts 100% ceded | 10.3 | 10.3 |
Policyholder account balances | 374.5 | 392.1 |
Balance, end of period, reinsurance ceded | (23.7) | (24.3) |
Balance, end of period, net of reinsurance | $ 350.8 | $ 367.8 |
Weighted average crediting rate | 0.80% | 0.80% |
Cash surrender value, net of reinsurance | $ 350.8 | $ 367.8 |

X
- Definition Policyholder Account Balance, Contract Fully Ceded + References No definition available. + Details
Name: | cno_PolicyholderAccountBalanceContractFullyCeded
Namespace Prefix: | cno_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Policyholder Account Balance, Excluding fully Ceded Contracts + References No definition available. + Details
Name: | cno_PolicyholderAccountBalanceExcludingFullyCededContracts
Namespace Prefix: | cno_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Policyholder Account Balance, Net of Reinsurance + References No definition available. + Details
Name: | cno_PolicyholderAccountBalanceNetOfReinsurance
Namespace Prefix: | cno_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Policyholder Account Balance, Reinsurance + References No definition available. + Details
Name: | cno_PolicyholderAccountBalanceReinsurance
Namespace Prefix: | cno_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of cash to be paid to policyholder upon termination and surrender of long-duration contract issued by insurance entity. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 7A -Subparagraph (b)(3) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480081/944-40-50-7A Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 55 -Paragraph 29F -Publisher FASB -URI https://asc.fasb.org/1943274/2147480046/944-40-55-29F + Details
Name: | us-gaap_CashSurrenderValueDuePolicyholdersAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of interest expense for allocation to policyholder account balance. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 7A -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480081/944-40-50-7A Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 55 -Paragraph 29F -Publisher FASB -URI https://asc.fasb.org/1943274/2147480046/944-40-55-29F Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 20 -Name Accounting Standards Codification -Section 45 -Paragraph 2 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479868/944-20-45-2 Reference 4: http://www.xbrl.org/2003/role/exampleRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 55 -Paragraph 13J -Subparagraph (g) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480046/944-40-55-13J Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(6)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477250/944-220-S99-1 + Details
Name: | us-gaap_InterestCreditedToPolicyholdersAccountBalances
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of cash outflow to policyholder account balance from benefit payment. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 7A -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480081/944-40-50-7A Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 55 -Paragraph 29F -Publisher FASB -URI https://asc.fasb.org/1943274/2147480046/944-40-55-29F Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 55 -Paragraph 13J -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480046/944-40-55-13J + Details
Name: | us-gaap_PolicyholderAccountBalanceBenefitPayment
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of increase (decrease) in liability for policyholder account balance from change, classified as other. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 7A -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480081/944-40-50-7A Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 55 -Paragraph 29F -Publisher FASB -URI https://asc.fasb.org/1943274/2147480046/944-40-55-29F + Details
Name: | us-gaap_PolicyholderAccountBalanceIncreaseDecreaseFromOtherChange
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of increase in liability for policyholder account balance from contract issuance. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 7A -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480081/944-40-50-7A Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 55 -Paragraph 29F -Publisher FASB -URI https://asc.fasb.org/1943274/2147480046/944-40-55-29F Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 55 -Paragraph 13J -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480046/944-40-55-13J + Details
Name: | us-gaap_PolicyholderAccountBalanceIssuance
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of guaranteed benefit in excess of current account balance of policyholder account balance. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 7A -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480081/944-40-50-7A Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 55 -Paragraph 29F -Publisher FASB -URI https://asc.fasb.org/1943274/2147480046/944-40-55-29F + Details
Name: | us-gaap_PolicyholderAccountBalanceNetAmountAtRisk
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of decrease in liability for policyholder account balance from policy charge. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 7A -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480081/944-40-50-7A Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 55 -Paragraph 29F -Publisher FASB -URI https://asc.fasb.org/1943274/2147480046/944-40-55-29F Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 55 -Paragraph 13J -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480046/944-40-55-13J + Details
Name: | us-gaap_PolicyholderAccountBalancePolicyCharge
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of cash inflow to policyholder account balance from premium received. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 7A -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480081/944-40-50-7A Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 55 -Paragraph 29F -Publisher FASB -URI https://asc.fasb.org/1943274/2147480046/944-40-55-29F Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 55 -Paragraph 13J -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480046/944-40-55-13J + Details
Name: | us-gaap_PolicyholderAccountBalancePremiumReceived
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. + References No definition available. + Details
Name: | us-gaap_PolicyholderAccountBalanceRollForward
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of decrease in liability for policyholder account balance from contract redemption and withdrawal of funds. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 7A -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480081/944-40-50-7A Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 55 -Paragraph 13J -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480046/944-40-55-13J Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 55 -Paragraph 29F -Publisher FASB -URI https://asc.fasb.org/1943274/2147480046/944-40-55-29F + Details
Name: | us-gaap_PolicyholderAccountBalanceSurrenderAndWithdrawal
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Weighted-average crediting rate for liability for policyholder account balance, calculated at a point in time. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 7A -Subparagraph (b)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480081/944-40-50-7A Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 55 -Paragraph 29F -Publisher FASB -URI https://asc.fasb.org/1943274/2147480046/944-40-55-29F + Details
Name: | us-gaap_PolicyholderAccountBalanceWeightedAverageCreditingRate
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount due to policyholder. Includes, but is not limited to, unpaid policy dividend, retrospective refund, and undistributed earnings on participating business. Excludes future policy benefit and claim expense. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 7A -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480081/944-40-50-7A Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 7A -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480081/944-40-50-7A Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(14)(a)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478777/944-210-S99-1 Reference 4: http://www.xbrl.org/2003/role/exampleRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 55 -Paragraph 29F -Publisher FASB -URI https://asc.fasb.org/1943274/2147480046/944-40-55-29F Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 7A -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480081/944-40-50-7A + Details
Name: | us-gaap_PolicyholderFunds
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | srt_ProductOrServiceAxis=cno_FixedIndexedAnnuitiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ProductOrServiceAxis=cno_FixedInterestAnnuitiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ProductOrServiceAxis=cno_OtherAnnuitiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ProductOrServiceAxis=us-gaap_InterestSensitiveLifeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ProductOrServiceAxis=cno_FundingAgreementBackedNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ProductOrServiceAxis=cno_OtherMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |