CNA Financial (CNA) Sells 50% Stake in First Insurance Company of Hawaii, Ltd.
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Price: $48.68 -0.39%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 4.5%
EPS Growth %: -17.3%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 4.5%
EPS Growth %: -17.3%
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Today, CNA Financial Corporation (NYSE: CNA) announced that it has agreed to the sale of its 50% ownership interest in First Insurance Company of Hawaii, Ltd., the largest property & casualty insurance company headquartered in Hawaii, to Tokio Marine & Nichido Fire Insurance Co., Ltd., the sole other shareholder in the Hawaiian subsidiary.
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