CNA Financial (CNA) Tops Q1 EPS by 8c

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CNA Financial Announces First Quarter 2021 Net Income Of $1.14 Per Share And Core Income Of $0.96 Per Share

May 3, 2021 6:00 AM EDT

CHICAGO, May 3, 2021 /PRNewswire/ -- CNA Financial Corporation (NYSE: CNA) today announced first quarter 2021 net income of $312 million, or $1.14 per share, versus net loss of $61 million, or $(0.23) per share, in the prior year quarter.  Core income for the quarter was $263 million, or $0.96 per share, versus $108 million, or $0.40 per share, in the prior year quarter. 

Our Property & Casualty segments produced core income of $263 million for the first quarter of 2021, an increase of $142 million compared to the prior year quarter primarily due to higher net investment income driven by limited partnership and common stock returns and... More