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CNA Financial (CNA) Q2 Earnings Miss, Revenues Rise Y/Y
CNACNA(CNA) ZACKS·2024-07-30 14:21

The quarterly results of CNA reflected higher income from fixed income securities, larger invested asset base, improved retention and renewal premium change, partly offset by poor underwriting income and escalating expenses. Total operating revenues of CNA Financial were 3.1billion,up6.73.1 billion, up 6.7% year over year due to higher premiums, net investment income and other revenues. The top line beat the Zacks Consensus Estimate by 1.3%. Net investment income rose 7.4% year over year to 618 million. The increase was ...