CNA Financial (CNA) Reports In-Line Q2 EPS
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CNA Financial Announces Second Quarter 2020 Results
August 3, 2020 6:00 AM EDTCHICAGO, Aug. 3, 2020 /PRNewswire/ -- CNA Financial Corporation (NYSE: CNA) today announced second quarter 2020 net income of $151 million, or $0.55 per share, and core income of $99 million, or $0.36 per share. Property & Casualty Operations combined ratio for the second quarter was 112.3%. Underwriting results for the second quarter of 2020 include previously announced net catastrophe losses of $301 million pretax, including $182 million related to COVID-19, $61 million related to civil unrest and $58 million related primarily to severe weather related events. The underlying combined ratio of 93.4% reflects a 0.4 point net benefit related to COVID-19 from lower loss... More
