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CNO Financial Group Inc (CNO.N)

CNO.N on New York Stock Exchange

14.81USD
20 Aug 2019
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Wall Street takes on long-term care payouts as insurers balk at costs

NEW YORK Some U.S. insurers are turning to Wall Street's financial wizards for relief from the liabilities of their long-term care (LTC) policies, posing a challenge for regulators worried about how new industry players will tackle the risks involved.

ANALYSIS-Wall Street takes on long-term care payouts as insurers balk at costs

NEW YORK, June 19 Some U.S. insurers are turning to Wall Street's financial wizards for relief from the liabilities of their long-term care (LTC) policies, posing a challenge for regulators worried about how new industry players will tackle the risks involved.

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