CNA underwriting breaks even in Q3, posts $178mn in catastrophes
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

CNA underwriting breaks even in Q3, posts $178mn in catastrophes

cna-building-chicago.jpg

CNA lowered its combined ratio to 100%, benefitting from a lower expense ratio and underlying loss ratio improvement, despite catastrophes rising to $178mn from $160mn in the quarter.

On Monday morning, the Chicago-based carrier reported $0.87 in core income per share, up 22.5% from the $0.71 it earned last year and well ahead of analysts’ $0.60

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Gift this article