CNA Financial (CNA) Reports Q4 Loss of $0.08

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CNA Financial Announces Fourth Quarter 2018 Results

February 11, 2019 6:00 AM EST

CHICAGO, Feb. 11, 2019 /PRNewswire/ -- CNA Financial Corporation (NYSE: CNA) today announced a fourth quarter 2018 net loss of $84 million, or $(0.31) per share, and a core loss of $23 million, or $(0.08) per share, with catastrophe losses and investment returns from limited partnership and common equities accounting for $(0.82) per diluted share.  Property & Casualty Operations combined ratio for the fourth quarter was 105.4% and the underlying combined ratio was 98.0%. Property & Casualty Operations net written premium increased 4% compared with the prior year quarter.

Fourth quarter 2018 core results decreased $309 million from the prior year period.  Contributing... More