October 20, 2016 8:39 PM ET


Company Overview of Colonial Penn Life Insurance Company

Company Overview

Colonial Penn Life Insurance Company provides life insurance products for men and women in United States. It offers guaranteed acceptance life insurance coverage for people aged between 50 to 85; and whole life insurance coverage for people aged between 40 to 75. Its plans are designed to help in paying for funeral and burial expenses, and to ease financial burdens at a difficult time. The company focuses on providing life insurance protection directly through mails, TV, call center, and the Web. It was formerly known as CONSECO Direct Life Insurance Company and changed its name to Colonial Penn Life Insurance Company in September 2002. The company was founded in 1879 and is based in Philade...

399 Market Street

Philadelphia, PA 19181

United States

Founded in 1879





Key Executives for Colonial Penn Life Insurance Company

Age: 49
Compensation as of Fiscal Year 2016.

Colonial Penn Life Insurance Company Key Developments

Colonial Penn Life Insurance Company Announces Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Colonial Penn Life Insurance Company announced unaudited earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported net operating income was $4.2 million compared to 3.8 million for the same period a year ago. EBIT was $4.2 million compared to $3.8 million for the same period a year ago. Total revenues were $77.6 million compared to $72.5 million for the same period a year ago. For the six months, the company reported LBIT was $1.7 million compared to $2.4 million for the same period a year ago.

Colonial Penn Announces Sales Results for the Fourth Quarter and Full Year of 2014; Provides Earnings Guidance for the First Quarter and Sales Guidance for the Full Year of 2015

Colonial Penn announced sales results for the fourth quarter and full year of 2014. Colonial Penn posted 6% sales growth in the quarter. The company posted 4% increase for the year. The company anticipates GAAP profitability in 2015 with normal seasonality resulting in an estimated EBIT loss in the $7 million range for the first quarter. The company expects full year 2015 sales growth in the 6% to 8% range.

Similar Private Companies By Industry

Company Name Region
212 Capital Group, LLC United States
21st Century Life and Health Company, Inc. United States
3 Mark Financial, Inc. United States
534 Las Americas, LLC United States
5Star Financial Services, LLC United States

Recent Private Companies Transactions

No transactions available in the past 12 months.

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Bloomberg L.P. United States
NYC2012, Inc. United States
The Advertising Council, Inc. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Colonial Penn Life Insurance Company, please visit www.colonialpenn.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.