CNA Financial (CNA) Tops Q3 EPS by 28c

Go back to CNA Financial (CNA) Tops Q3 EPS by 28c

CNA Financial Announces Third Quarter 2021 Net Income of $0.94 Per Share and Core Income of $0.87 Per Share

November 1, 2021 6:00 AM EDT

CHICAGO, Nov. 1, 2021 /PRNewswire/ -- CNA Financial Corporation (NYSE: CNA) today announced third quarter 2021 net income of $256 million, or $0.94 per share, versus $213 million, or $0.79 per share, in the prior year quarter.  Core income for the quarter was $237 million, or $0.87 per share, versus $193 million, or $0.71 per share, in the prior year quarter.

Our Property & Casualty segments produced core income of $217 million for the third quarter of 2021, a decrease of $19 million compared to the prior year quarter primarily due to higher net catastrophe losses and  lower net investment income partially offset by improved non-catastrophe... More