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CNA Financial Announces First Quarter 2019 Results

CNA Financial Announces First Quarter 2019 Results

Read the Full Press Release.
  

  • NET INCOME OF $342M, $1.25 PER SHARE; ROE 12.1%
  • CORE INCOME OF $318M, $1.17 PER SHARE; ROE 10.7%
  • P&C COMBINED RATIO OF 97.8% VS 96.7% FULL YEAR 2018
  • P&C UNDERLYING LOSS RATIO OF 60.7% VS 61.8% FULL YEAR 2018
  • QUARTERLY DIVIDEND OF $0.35 PER SHARE
     

CHICAGO, April 29, 2019 --- CNA Financial Corporation (NYSE: CNA) today announced first quarter 2019 net income of $342 million, or $1.25 per share, and core income of $318 million, or $1.17 per share. Property & Casualty Operations combined ratio for the first quarter was 97.8% and the underlying combined ratio was 94.9%. Net investment income, after tax, was $465 million for the first quarter of 2019, including $96 million from limited partnership and common stock investments.

A live webcast will be available at 9a.m. via the Investor Relations section of http://www.cna.com/.  Those interested in participating in the question and answer session should dial (800) 289-0571, or for international callers, +1 (720) 543-0206.  An online replay will also be available on CNA’s website following the call.

About CNA 
CNA is one of the largest U.S. commercial property and casualty insurance companies. CNA provides a broad range of standard and specialized property and casualty insurance products and services for businesses and professionals in the U.S., Canada and Europe, backed by 120 years of experience and approximately $45 billion of assets. For more information about CNA, visit our website at http://www.cna.com/.

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Press Contact
Brandon Davis
312-822-5885 / 773-383-7166
 
Analyst Contact
James Anderson
312-822-7757

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