earnings
confidence high
sentiment positive
materiality 0.70
CNA Q3 net income $1.04/share, core income $1.08; record YTD core income $974M
CNA FINANCIAL CORP
2024-Q3 EPS reported
$3.44
revenue$10,581,000,000
- Net income $283M ($1.04/sh) vs $258M; core income $293M ($1.08/sh) vs $289M; YTD core income record $974M.
- P&C combined ratio 97.2% (catastrophe 5.8 pts) vs 94.3% (4.1 pts); underlying combined ratio 91.6% vs 90.4%.
- Net investment income up 13% to $626M pretax; limited partnerships/stock $80M, fixed income $546M.
- Gross written premium ex-captives +9%, net written premium +8%; renewal premium change +5%.
- Dividend $0.44/sh declared, payable Dec 5 to holders of record Nov 18.