CNA Financial Announces First Quarter 2019 Results
NET INCOME OF $342M, $1.25 PER SHARE; ROE 12.1%...
- CORE INCOME OF $318M, $1.17 PER SHARE; ROE 10.7%
- P&C COMBINED RATIO OF 97.8% VS 96.7% FULL YEAR 2018
- P&C UNDERLYING LOSS RATIO OF 60.7% VS 61.8% FULL YEAR 2018
- QUARTERLY DIVIDEND OF $0.35 PER SHARE
CNA Financial Corporation has announced first quarter 2019 net income of $342 million, or $1.25 per share, and core income of $318 million, or $1.17 per share. Property & Casualty Operations combined ratio for the first quarter was 97.8% and the underlying combined ratio was 94.9%. Net investment income, after tax, was $465 million for the first quarter of 2019, including $96 million from limited partnership and common stock investments.
A live webcast will be available at 9a.m. via the Investor Relations section of http://www.cna.com/. Those interested in participating in the question and answer session should dial (800) 289-0571, or for international callers, +1 (720) 543-0206. An online replay will also be available on CNA’s website following the call.