CNA financial results 2020 News

Rate Hikes Boost CNA in Q4

CNA Financial Corp. benefited significantly from rate hikes and premium growth in Q4, reporting more than $387 million in net income versus $273 million the year before. Net income per share during the quarter reached $1.42 per diluted share for …

CNA Turns Q3 Profit; P/C Combined Ratio Rises Above 100%

CNA Financial Corp. doubled its 2020 Q3 net income, thanks in part to higher investment returns and rate hikes in the P/C insurance division that increased more than 12 percent on average. Net catastrophe losses soared, however, due to three …

CNA Reports Q2 Profit Despite COVID-19, Weather, Civil Unrest Losses

CNA Financial Corp. saw its 2020 second quarter net income sliced almost by half compared to the previous year due to “considerable catastrophe losses” from COVID-19, civil unrest and weather-related events. The Chicago-based commercial property/casualty insurer booked $151 million in …

CNA Records Q1 Loss Tied to Market Volatility from Coronavirus

CNA Financial Corp. recorded a first quarter 2020 net loss of $61 million, and core income of $108 million. The insurer said results for the quarter reflected financial market volatility amid the events of COVID-19. The results included net investment …