January 28, 2015 8:28 AM ET


Company Overview of Colonial Penn Life Insurance Company

Company Overview

Colonial Penn Life Insurance Company operates as a direct response life insurance company in the United States. The company specializes in life insurance products. Its products include guaranteed acceptance life insurance, whole life insurance, renewable term life insurance, and term life insurance products. The company was founded in 1879 and is based in Philadelphia, Pennsylvania. Colonial Penn Life Insurance Company operates as a subsidiary of CNO Financial Group, Inc.

399 Market Street

Philadelphia, PA 19181

United States

Founded in 1879





Key Executives for Colonial Penn Life Insurance Company

Age: 47
Compensation as of Fiscal Year 2014.

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, 2014

Colonial Penn Life Insurance Company announced unaudited earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported EBIT of USD was 3.8 million compared with USD 1.2 million for the same period a year ago. Pre-tax operating earnings in second quarter of 2014 compared to in second quarter of 2013 reflect continued growth in the in-force block, favorable policy benefits and a modest increase in the deferral of acquisition costs due to a slight shift to deferrable direct mail marketing activities. For the six months, the company reported LBIT of USD was 2.4 million compared with USD 4.2 million for the same period a year ago.

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