SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Conseco Insurance (CNO)
CNO 42.31-1.2%Feb 3 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: andy harrison who wrote (281)8/14/1997 3:19:00 PM
From: M.A. Miller   of 4155
 
I got it from CNC investor relations. Thanks.

I see CNC selling out. Hilbert implies they would otherwise need to buy mutual funds companies, brokerage firms, etc.. to be an all around player in post-deregulation of financial services.

I don't see it. That's too hard and is not quite in their area of expertise. I think CNC will pursue a sale when deregulation passes, and I think if they do they'll have done the right thing. They'll be bought by a bank in my opinion. The banks will be frothing at the mouth for life and annuity insurance companies just as they are now for investment bankers and fund companies. CNC has the distribution the banks will want. Agents can cross-market mortgages, CD's, credit cards, and all kinds of crap to insured's, while agents can sell CNC products to bank customers.

I think this is the beginning of the end for CNC although it may take a year or two to happen.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News