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CNA Financial Corp. - CNA STOCK NEWS

Welcome to our dedicated news page for CNA Financial (Ticker: CNA), a resource for investors and traders seeking the latest updates and insights on CNA Financial.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect CNA Financial's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of CNA Financial's position in the market.

Rhea-AI Summary
CNA Financial (CNA) will report its first quarter 2024 results on May 6, 2024. The conference call will be hosted by Dino E. Robusto, Chairman & CEO. Investors and analysts can access the earnings presentation and financial supplement on CNA's website.
Rhea-AI Impact
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End-of-Day
0.12%
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conferences earnings
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Rhea-AI Summary
Loews Corporation (NYSE: L) reported strong fourth-quarter 2023 financial results, with a net income of $446 million, or $1.99 per share, representing a 26% increase over the same period in 2022. The parent company repurchased 14.0 million common shares for $852 million in 2023, while book value per share, excluding AOCI, increased 9% to $81.92 as of December 31, 2023, from $74.88 as of December 31, 2022. The CEO commented on the strong results, with each subsidiary producing robust performance. However, the PR also indicates a net loss of $14 million in Corporate & Other segment and a charge of $37 million related to the termination of a defined benefit plan. The CNA Financial Corporation's net income improved year-over-year due to higher net investment income and higher underwriting income, but there was an after-tax charge of $37 million related to the termination of a defined benefit plan in Corporate & Other.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.16%
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none
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Rhea-AI Summary
CNA Financial Corporation (NYSE: CNA) reported a strong fourth quarter and full-year results for 2023, with net income up 54% to $367 million in Q4 and 77% to $1,205 million for the year. The P&C core income of $434 million in Q4 and $1,505 million for the year reflects higher investment income and record high underwriting income. The Life & Group segment also showed improvement, with a core income of $4 million in Q4 compared to a core loss of $25 million in the prior year. The Corporate & Other segment, however, reported a core loss of $76 million in Q4, reflecting a $19 million after-tax charge related to office consolidation. Net investment income was up 21% in Q4 to $611 million pretax. The P&C combined ratio for the year was 93.5%, compared with 93.2% in the prior year, with an underlying combined ratio at a record low of 90.9%. The company also declared a quarterly dividend of $0.44 per share and a special dividend of $2.00 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.16%
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dividends earnings
Rhea-AI Summary
CNA Financial Corporation (NYSE: CNA) is set to report its fourth quarter 2023 results on February 5, 2024. The company will host a conference call for investors and analysts, which will be led by Dino E. Robusto, Chairman & Chief Executive Officer. The earnings presentation and financial supplement will be available on CNA's website. Investors and analysts can participate in the question and answer session via webcast or phone.
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0.5%
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conferences earnings
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Rhea-AI Summary
Loews Corporation reported net income of $253 million, or $1.12 per share, in the third quarter of 2023 compared to a net loss of $22 million, or $0.09 per share, in the third quarter of 2022. CNA Financial Corporation's net income improved year-over-year due to higher net investment income, higher underwriting income, and a significantly lower unfavorable impact from the long-term care annual reserve reviews. Loews Corporation repurchased 1.9 million shares of its common stock for a total cost of $118 million through the end of the quarter and repurchased an additional 1.0 million shares for $64 million since September 30, 2023. Book value per share, excluding AOCI, increased to $79.92 as of September 30, 2023, from $74.88 as of December 31, 2022 due to repurchases of common shares and strong operating results during the year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.83%
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Rhea-AI Summary
CNA Financial Corporation reported net income of $258 million in Q3 2023, compared to a net loss of $42 million in the prior year quarter. Core income increased to $289 million, reflecting a 56% growth. Property & Casualty (P&C) segments generated core income of $351 million, driven by higher net investment income and lower catastrophe losses. P&C renewal premium change was +6%. Book value per share increased to $31.61, and book value per share excluding AOCI was $45.43, a 7% increase from year-end 2022.
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End-of-Day
-0.83%
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Rhea-AI Summary
CNA Financial Corporation to report Q3 2023 results on October 30th
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-0.43%
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conferences earnings
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-1.95%
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-1.95%
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0.73%
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conferences earnings
CNA Financial Corp.

NYSE:CNA

CNA Rankings

CNA Stock Data

11.74B
20.73M
0.42%
99%
0.23%
Direct Property and Casualty Insurance Carriers
Finance and Insurance
Link
US
Chicago

About CNA

since 1897, when cna entered the insurance market, we’ve been there for our customers and have evolved to meet the needs of our times. we enjoy a powerful legacy built on expertise, solid products and great service. today, we focus on what we do best — providing insurance solutions that allow our customers to better manage their risks and grow profitably. cna’s specializations in construction, financial institutions, healthcare, manufacturing, professional services, real estate, small business and technology are complimented by our broad range of products and world-class risk control and claim customer services.