Company Overview
Key Facts
A leading provider of supplemental health insurance, life insurance, and
annuities.
Filed for Chapter 11 in 2002; emerged from Chapter 11 in 2003.
Key Financial Facts
2005 revenue: $4,327 million
1-yr. growth rate: –0.1 percent
Personnel Highlights
Number of employees: 4,000
1-yr. growth rate: –8 percent
Company Overview
Conseco insures some 5 million customers nationwide. Before 2003, the
company was engaged in both insurance and financial services. But as part
of its reorganization under Chapter 11 bankruptcy protection—for which it
filed in December 2002 and emerged in September 2003—it has shed its
noninsurance interests. Conseco subsidiaries include Bankers Life and
Casualty Company, Colonial Penn Life Insurance Company, Pioneer Life
Insurance Company, and Washington National Insurance Company.