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Conseco Reports First Quarter Results
Date:5/7/2008

8 - 184,655,525;

December 31, 2007 - 184,652,017) 1.9 1.9

Additional paid-in capital 4,070.5 4,068.6

Accumulated other comprehensive loss (565.6) (273.3)

Retained earnings 432.9 438.7

Total shareholders' equity 3,939.7 4,235.9

Total liabilities and shareholders'

equity $33,265.6 $33,514.8

CONSECO, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENT OF OPERATIONS

(Dollars in millions, except per share data)

Three months ended

March 31,

2008 2007

(Restated)

Revenues:

Insurance policy income $851.2 $762.8

Net investment income (loss):

General account assets 353.7 377.9

Policyholder and reinsurer accounts and other

special-purpose portfolios (26.0) 4.9

Net realized investment losses (43.6) (34.9)

Fee revenue and other income 4.0 3.8

Total revenues 1,139.3 1,114.5

Benefits and expenses:

Insurance policy benefits 857.8 817.4

Interest expense 28.7 23.6

Amortization 115.1 117.1

Costs related to a litigation settlement - 13.0

Other operating costs and expenses 146.
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SOURCE Conseco, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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Related medicine news :

1. Insurance Department Fines Conseco Under Pennsylvania-Led, Multi-State Agreement
2. Conseco Reaches Settlement of Multistate Market Conduct Examination
3. Conseco Sets Earnings Release Date
4. Bischof Promoted to Vice President, Enterprise Risk Management at Conseco
5. Conseco Reports Fourth Quarter and Year-End Results
6. Conseco Files 10-K and Sets Earnings Release Date
7. Conseco Reports Preliminary Fourth Quarter and Year-End Results
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9. Conseco Files to Formally Extend Due Date for Annual Report on Form 10-K to March 17 and Reschedules Earnings Release and Investor Call
10. Hacker Joins Conseco as Senior Vice President and Treasurer
11. Tongson Joins Conseco as Senior Vice President, Corporate Actuarial
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