CNA Financial (CNA) Misses Q1 EPS by 28c
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CNA Financial Announces First Quarter 2020 Results
May 4, 2020 6:00 AM EDTCHICAGO, May 4, 2020 /PRNewswire/ -- CNA Financial Corporation (NYSE: CNA) today announced a first quarter 2020 net loss of $61 million, or $(0.23) per share, and core income of $108 million, or $0.40 per share. Results for the quarter reflected financial market volatility amid the events of COVID-19. This included Net investment losses of $169 million and a decrease in Net investment income to $279 million, reflecting stable earnings from fixed income and other investments of $378 million offset by a $99 million loss from limited partnership and common stock investments during the period. Property & Casualty Operations combined ratio for the... More
