CNA - CNA Financial Non-GAAP EPS of $1.01 beats by $0.07 net written premiums of $2.28B misses by $770M
- CNA Financial press release ( NYSE: CNA ): Q4 Non-GAAP EPS of $1.01 beats by $0.07 .
- Net written premiums of $2.28B (+5.1% Y/Y) misses by $770M .
- P&C combined ratio of 93.7%, compared with 92.9% in the prior year quarter, including 3.6 points of catastrophe loss impact compared with 2.0 points in the prior year quarter.
- The underlying combined ratio was 91.2%, consistent with the prior year quarter.
- The underlying loss ratio was 59.9% compared with 60.1% in the prior year quarter.
- P&C segments, excluding third party captives, generated gross written premium growth of 8%, or 9% excluding foreign currency fluctuations.
- Net written premium growth of 5% in the quarter, or 7% excluding foreign currency fluctuations.
- P&C renewal premium change of +7%, with written rate of +4% and exposure change of +3%.
For further details see:
CNA Financial Non-GAAP EPS of $1.01 beats by $0.07, net written premiums of $2.28B misses by $770M