Welcome to our dedicated page for CNA Financial news (Ticker: CNA), a resource for investors and traders seeking the latest updates and insights on CNA Financial stock.
CNA Financial Corporation (NYSE: CNA) is an insurance holding company focused on commercial property and casualty insurance, with core operations in Specialty, Commercial and International segments. This news page aggregates company announcements, earnings releases, rating actions and other disclosures that relate to CNA’s insurance and financial performance.
Readers can find detailed coverage of CNA’s quarterly and year-to-date results, including net income, core income, property and casualty combined ratios, catastrophe losses, net investment income and segment-level underwriting performance. CNA regularly reports on the performance of its Specialty, Commercial and International property and casualty operations, as well as its Life & Group and Corporate & Other segments.
The news feed also includes updates from Loews Corporation, CNA’s majority owner, where CNA’s contribution to Loews’ consolidated results is discussed. These items provide additional context on CNA’s role within the broader Loews group, including insurance revenues, income before income tax and net income attributable to Loews.
Sector-specific developments appear in items such as AM Best credit rating actions on CNA’s property/casualty subsidiaries and related entities, highlighting assessments of balance sheet strength, operating performance, business profile and enterprise risk management. News about capital markets activity, such as offerings of senior unsecured notes, is reflected in company announcements and related filings.
Operational and strategic updates, including leadership appointments, governance changes and product or brand launches, are also covered. Examples include announcements of strategic leadership roles across global specialty, global property and casualty, and global commercial industry segments, as well as the launch of Cardinal E&S, a CNA brand focused on the excess and surplus market.
Investors, analysts and other interested readers can use this page to follow CNA’s earnings releases, rating developments, capital markets transactions and strategic initiatives as disclosed in company news and related communications.
Loews Corporation reported a net income of $130 million ($0.54 per share) for Q3 2022, down from $220 million ($0.85 per share) in Q3 2021. Year-to-date net income is $648 million ($2.64 per share), compared to $1.2 billion ($4.70 per share) in 2021. Key drivers included higher underwriting income and improved performance in Loews Hotels & Co, offset by investment losses at CNA. Book value per share declined to $58.14, reflecting market challenges. Share repurchases totaled 10.5 million shares at a cost of $614 million.
CNA Financial Corporation (NYSE: CNA) will release its third quarter 2022 financial results before the market opens on October 31, 2022. The results, including a news release and earnings presentation, will be accessible on www.cna.com. A conference call for investors, led by Chairman & CEO Dino E. Robusto, is scheduled for 8 a.m. CT. Participants can join via the provided numbers or watch the live webcast on CNA's Investor Relations page. An online replay will be available afterward.
CNA Financial Corporation reported Q2 2022 net income of $205 million ($0.75 per share), down from $368 million ($1.35 per share) a year ago. Core income decreased to $245 million from $341 million, primarily due to lower investment income from LPs. P&C core income was $317 million, down from $351 million, despite a 64% increase in underwriting income. Net investment income fell to $432 million. The P&C combined ratio improved to 91.0%. A dividend of $0.40 per share was declared, payable September 1, 2022.
CNA Financial Corporation (NYSE: CNA) will release its second quarter 2022 results on August 1, 2022, before market opening. The earnings report, presentation, and financial details will be accessible on www.cna.com. An investor conference call will take place at 8 a.m. CT, hosted by CEO Dino E. Robusto. Interested parties can join the Q&A session by calling (800) 289-0571 or +1 (720) 543-0206 for international participants. A replay will be available on CNA's website post-call. CNA is a leading U.S. commercial property and casualty insurer.
Loews Corporation (NYSE: L) has appointed Ben Tisch as Senior Vice President of Corporate Development and Strategy, effective immediately. Tisch, who joined Loews in 2011, will manage the performance of subsidiaries and collaborate with the Chief Investment Officer, Richard Scott, on portfolio management for Loews and its subsidiary, CNA Financial. His experience includes leading strategic planning and overseeing capital allocation. Tisch has also played a key role in the significant sale of a stake in Altium Packaging to Singapore's sovereign wealth fund.
CNA Financial Corporation (CNA) reported first-quarter 2022 net income of $313 million, marking a slight increase from $312 million in Q1 2021. Core income jumped 20% to $316 million. The Property & Casualty (P&C) combined ratio improved to 91.9%, the lowest in over five years, driven by an 8% growth in gross written premiums and a 4% increase in net written premiums. However, net investment income decreased to $448 million from $504 million a year earlier. The book value per share dropped to $39.87, a 16% decline from year-end 2021, influenced by higher interest rates.
CNA Financial Corporation (NYSE: CNA) is set to announce its first quarter 2022 financial results on May 2, 2022, before market opening. Interested stakeholders can access the news release and financial documents on CNA's website. A conference call will be hosted by Dino E. Robusto, CEO, at 8 a.m. CT, allowing for a Q&A session via phone. A webcast will also be available on the Investor Relations page. CNA has over 120 years of experience in commercial property and casualty insurance, serving clients in North America and Europe.
CNA Financial Corporation (NYSE: CNA) reported Q4 2021 net income of $266 million ($0.98/share), down from $387 million ($1.42/share) year-over-year. Full-year net income reached $1,202 million ($4.41/share), up from $690 million ($2.53/share) in 2020. The Property & Casualty segment exhibited robust growth with gross written premiums increasing by 16% in Q4. A quarterly dividend of $0.40 and a special dividend of $2.00 per share were announced, payable on March 10, 2022. The company remains optimistic about 2022, citing strong performance and favorable market conditions.
CNA Financial Corporation (NYSE: CNA) will announce its fourth quarter 2021 results on February 7, 2022, before the market opens. Investors can access the news release, earnings presentation, and financial supplement on the company's website. A conference call with CEO Dino E. Robusto is scheduled for 8 a.m. CT, with a Q&A session following. Interested participants can join by calling (800) 289-0571 or +1 (720) 543-0206 for international callers. A replay will be available online afterward.
CNA has appointed Scott Lindquist as Executive Vice President and Chief Financial Officer, effective January 10, 2022. He will succeed Larry Haefner, who served as Interim CFO since September 2021. Lindquist brings over 30 years of finance experience, previously holding CFO roles at Farmers Group and Genworth Financial. Additionally, Amy Smith has been appointed as Chief Accounting Officer, reporting to Lindquist. CNA is a leading U.S. commercial property and casualty insurance company, providing various insurance products and services.