CNA Financial delivers $321 million quarterly profit
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- CNA Financial reported second-quarter net income of $321 million, or $1.18 per share, up from $299 million.
- Core income declined to $324 million as weaker underwriting results offset higher investment income.
- Net written premiums grew 4%, including an 11% increase in new business to a record $718 million.
CNA Financial (NYSE:CNA) reported second-quarter net income of $321 million, or $1.18 per share, up from $299 million a year earlier.
Core income declined from $335 million to $324 million, while net investment income increased from $662 million to $701 million.
P&C premiums rose 4%, new business reached $718 million and the combined ratio increased from 94.1% to 96.5%.
CNA said it remains focused on disciplined growth and prudent reserves
Life & Group recorded a $10 million core loss, while Corporate & Other’s core loss improved from $114 million to $92 million.
Book value excluding AOCI reached $45.83 per share, while CNA declared a $0.48 dividend payable on September 3, 2026.
