CNA Quarterly Profit Up Sharply

NU Online News Service, May 8, 12:29 p.m. EDT? CNA Financial Corporation reported first-quarter net profit increased four-fold to $83 million, or 30 cents per share, thanks to strong premium rate increases and production of new business.

In the corresponding quarter in 2002, the Chicago-based insurer recorded a net income of $20 million, or 9 cents per share.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including and

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.