Benefit ratio(a) 67.6% 65.3%
PDP and PFFS:
Earned premium $90 million $13 million
Benefit ratio(a) 83.6% 42.5%
Long-Term Care:
Earned premium $156 million $153 million
Benefit ratio(a) 103.3% 101.8%
Interest-adjusted benefit ratio
(a non-GAAP measure)(b) 71.2% 72.0%
Conseco Insurance Group (CIG) segment:
Medicare Supplement:
Earned premium $55 million $62 million
Benefit ratio(a) 66.0% 64.1%
Specified Disease:
Earned premium $89 million $90 million
Benefit ratio(a) 80.6% 73.1%
Interest-adjusted benefit ratio
(a non-GAAP measure)(b) 46.5% 40.7%
Other Business in Run-off segment:
Earned premium $77 million $82 million
Benefit ratio(a) 146.6% 182.7%
Interest-adjusted benefit ratio
(a non-GAAP measure)(b) 82.2% 128.3%
(a) The benefit ratio is calculated by dividing the related product's
insurance policy benefits by insurance policy income.
(b) The interest-adjusted benefit ratio (a non-GAAP measure) is calculated
by dividing the product's insurance policy benefits less interest
income on the accumulated assets backing the insurance liabilities by
insurance policy income. Interest income is an important factor in
measuring the performance of longer duration health products. The net
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| SOURCE Conseco, Inc. Copyright©2008 PR Newswire. All rights reserved |