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Article: Conseco Reports Third Quarter 2009 Results; Third Consecutive Profitable Quarter.
- Article from:
- PR Newswire
- Article date:
- November 4, 2009
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CARMEL, Ind., Nov. 4 /PRNewswire-FirstCall/ -- Conseco, Inc. today reported results for third quarter 2009. "Conseco recorded its third consecutive profitable quarter, reporting $15.4 million of net income," CEO Jim Prieur said. "Our Bankers Life business turned in a strong quarter with pre-tax operating earnings up 26% over last year's third quarter and record performance in both life and Medicare Supplement sales and again in agent recruitment."
"We have continued to make progress and after the quarter ended we undertook a series of transactions to enhance Conseco's liquidity and capital positions," Prieur said. These transactions included entering into a ...