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.
CNA Financial Corporation (NYSE: CNA) is set to release its fourth quarter 2022 results on February 6, 2023, before market opening. The news release, earnings presentation, and financial supplement will be accessible on their website at www.cna.com. A conference call hosted by Dino E. Robusto, Chairman & CEO, will occur at 8 a.m. CT. Participants can join via a toll-free number or through a live webcast in the Investor Relations section of their site. CNA, one of the largest U.S. commercial property and casualty insurers, has over 120 years of experience in offering insurance products and services.
CNA has appointed Steve Goldman as the new Senior Vice President for Financial Lines and Healthcare, effective immediately. Goldman brings over 20 years of extensive insurance experience from leadership roles at AIG, ACE, and Chubb. His expertise will guide strategic operations across CNA's Management Liability, Financial Institutions, and Healthcare sectors. Doug Worman, EVP and Global Head of Underwriting, highlighted Goldman's proven performance in the financial lines portfolio as a key factor in his selection.
CNA Financial Corporation (NYSE: CNA) reported a net income of $128 million for Q3 2022, down from $256 million in Q3 2021, with core income at $213 million, a decrease from $237 million year-over-year. The decline was primarily due to $121 million pretax drop in investment income from LPs and common stock. P&C segments showed robust growth, with gross written premium increasing by 9% and a combined ratio of 95.8%. A quarterly dividend of $0.40 per share was declared, payable on December 1, 2022.
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.