earnings
confidence high
sentiment positive
materiality 0.75
CNA Q4 core income $342M, record FY core $1,316M; dividend +5% to $0.46, special $2.00
CNA FINANCIAL CORP
2024-FY EPS reported
$3.52
revenue$14,270,000,000
- Q4 net income $21M ($0.07/diluted) incl $290M pension settlement loss; core income $342M ($1.25/diluted).
- Full-year 2024 record core income $1,316M ($4.83/diluted), up from $1,284M in 2023; net income $959M ($3.52/diluted).
- P&C combined ratio 93.1% in Q4 (catastrophe impact 1.8 pts); underlying combined ratio 91.4% for 16th straight quarter below 92%.
- Quarterly dividend raised 5% to $0.46/share plus $2.00 special dividend; AM Best and Moody's upgraded CNA outlook to positive.
- P&C ex-captives gross written premium +9% Q4; net investment income +5% to $644M pre-tax.