CNA Financial (CNA) Posts Q4 Loss of 19c/Share
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CNA Financial Announces Fourth Quarter 2015 Results
February 8, 2016 6:01 AM ESTCHICAGO, Feb. 8, 2016 /PRNewswire/ -- CNA Financial Corporation (NYSE: CNA) today announced a fourth quarter 2015 net operating loss of $52 million, or $0.19 per share, and net loss of $70 million, or $0.26 per share. Full year 2015 results were net operating income of $515 million, or $1.90 per share, and net income of $479 million, or $1.77 per share. Property & Casualty Operations combined ratio for the fourth quarter and full year was 98.9% and 95.4%, respectively.
CNA Financial declared a special dividend of $2.00 per share and a quarterly dividend of $0.25 per share, payable March 9, 2016 to stockholders of record on February 22,... More
Loews Corporation Reports Net Income For 2015
February 8, 2016 6:01 AM ESTNEW YORK, Feb. 8, 2016 /PRNewswire/ --Â Loews Corporation (NYSE: L) today reported net income of $260 million, or $0.72 per share, for the year ended December 31, 2015, compared to net income of $591 million, or $1.55 per share, in the prior year. Net income in 2014 included a loss from discontinued operations of $371 million, or $0.97 per share, reflecting the disposition by Loews of HighMount Exploration & Production, LLC and by CNA Financial Corporation of its former life insurance subsidiary.
Results for the three months ended December 31, 2015 were a net loss of $201 million, or $0.58 per share, compared... More
