premiums, PDP sales equal $310 per enrolled policy, PFFS sales equal
$2,100 per enrolled policy.
(4) The calculation of this non-GAAP measure differs from the
corresponding GAAP measure because accumulated other comprehensive
income (loss) has been excluded from the value of capital used to
determine this measure. Management believes this non-GAAP measure is
useful because it removes the volatility that arises from changes in
the unrealized appreciation (depreciation) of our investments. The
corresponding GAAP measures for debt-to-total capital and book value
per common share were 22.0% and $22.94, respectively, at December 31,
2007, and 17.6% and $26.50, respectively, at December 31, 2006.
Cautionary Statement Regarding Forward-Looking Statements. Our
statements, trend analyses and other information contained in these
materials relative to markets for Conseco's products and trends in
Conseco's operations or financial results, as well as other statements,
contain forward-looking statements within the meaning of the federal
securities laws and the Private Securities Litigation Reform Act of 1995.
Forward-looking statements typically are identified by the use of terms
such as "anticipate," "believe," "plan," "estimate," "expect," "project,"
"intend," "may," "will," "would," "contemplate," "possible," "attempt,"
"seek," "should," "could," "goal," "target," "on track," "comfortable
with," "optimistic" and similar words, although some forward-looking
statements are expressed differently. You should consider statements that
contain these words carefully because they describe our expectations,
plans, strategies and goals and our beliefs concerning future business
conditions, our results of operations, financial position, and our business
outlook or they state other "forward-looking" information based on
currently available information. Assumptions and othe
|SOURCE Conseco, Inc.|
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