2024-02-21 00:00:23 ET
Summary
- CNA Financial is a global property-casualty insurance company with a strong financial position and low P/E ratio.
- The company operates in three segments: Specialty, Commercial, and International, all of which generate underwriting profits.
- CNA has a steady growth in revenues and earnings, with its effective pricing models across its segments.
CNA Financial is a global property-casualty insurance company. With apparently good financials, little coverage, and a low P/E ratio right now, I figured the company was a stone worth turning over. Having looked at its operations and history, I will explain why I think its shares are a pretty safe and reasonable BUY.
Business Model
Through its subsidiaries, CNA primarily provides property-casualty insurance products in the US, Canada, UK, and Europe. It breaks down its global operations into three segments:
- Specialty
- Commercial
- International
Read the full article on Seeking Alpha
For further details see:
CNA Financial: Strong History At A Good Price