US-based Conseco...
... swung to Q2 net income of $27.6m from a net loss of $488.5m a year earlier, as net realized investment losses fell to $13.2m from $513.7m. The result was Indiana-based Conseco’s second consecutive profitable quarter. For the first half, the group swung to net income of $52.1m from a net loss of $495.7m as realized investment losses dropped to $20.1m from $541m. Net operating income for H1 rose 59% to $72.2m on policy income of $1.57bn.