Cna Financial Corporation (NYSE: CNA) |
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Price: $47.0000
$-0.81
-1.694%
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Day's High:
| $48.08
| Week Perf:
| -2.89 %
|
Day's Low: |
$ 46.86 |
30 Day Perf: |
-5.77 % |
Volume (M): |
295 |
52 Wk High: |
$ 52.36 |
Volume (M$): |
$ 13,865 |
52 Wk Avg: |
$46.69 |
Open: |
$47.71 |
52 Wk Low: |
$41.64 |
|
|
Market Capitalization (Millions $) |
12,817 |
Shares
Outstanding (Millions) |
273 |
Employees |
6,300 |
Revenues (TTM) (Millions $) |
14,088 |
Net Income (TTM) (Millions $) |
1,305 |
Cash Flow (TTM) (Millions $) |
-29 |
Capital Exp. (TTM) (Millions $) |
80 |
Cna Financial Corporation
CNA Financial Corporation (CNAF) was incorporated in 1967 and is an insurance
holding company. Collectively, CNAF and its subsidiaries are referred to as
CNA or the Company. References to “CNA,” “the Company,”
“we,” “our,” “us” or like terms refer to
the business of CNAF and its subsidiaries. CNAs property and casualty and remaining
life and group insurance operations are primarily conducted by Continental Casualty
Company (CCC), The Continental Insurance Company, Western Surety Company, CNA
Insurance Company Limited and Hardy Underwriting Bermuda Limited and its subsidiaries
(Hardy). Loews Corporation (Loews) owned approximately 90% of our outstanding
common stock as of December 31, 2015. On August 1, 2014, we completed the sale
of the common stock of Continental Assurance Company (CAC).
Our insurance products primarily include commercial property and casualty coverages,
including surety. Our services include risk management, information services,
warranty and claims administration. Our products and services are primarily
marketed through independent agents, brokers and managing general underwriters
to a wide variety of customers, including small, medium and large businesses,
insurance companies, associations, professionals and other groups.
Our core business, commercial property and casualty insurance operations, is
reported in three business segments: Specialty, Commercial and International.
Our non-core businesses are reported in two business segments: Life & Group
Non-Core and Corporate & Other Non-Core. Each segment is managed separately
due to differences in their markets and product mix.
The insurance industry is subject to comprehensive and detailed regulation
and supervision. Regulatory oversight by applicable agencies is exercised through
review of submitted filings and information, examinations (both financial and
market conduct), direct inquiries and interviews. Each domestic and foreign
jurisdiction has established supervisory agencies with broad administrative
powers relative to licensing insurers and agents, approving policy forms, establishing
reserve requirements, prescribing the form and content of statutory financial
reports and regulating capital adequacy and the type, quality and amount of
investments permitted. Such regulatory powers also extend to premium rate regulations,
which require that rates not be excessive, inadequate or unfairly discriminatory,
governance requirements and risk assessment practice and disclosure. In addition
to regulation of dividends by insurance subsidiaries, intercompany transfers
of assets may be subject to prior notice or approval by insurance regulators,
depending on the size of such transfers and payments in relation to the financial
position of the insurance subsidiaries making the transfer or payment.
Company Address: 151 N. Franklin Chicago, 60606 IL
Company Phone Number: 822-5000 Stock Exchange / Ticker: NYSE CNA
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Stock Performances by Major Competitors |
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Business Update
Published Fri, Dec 6 2024 12:47 AM UTC
In a noteworthy development within the insurance sector, AM Best has recently upgraded its outlook for CNA Financial Corporation (CNAF) and its subsidiaries, shifting the outlook from stable to positive. This enhancement accompanies the affirmation of the Financial Strength Rating (FSR) at A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of a+ (Excellen...
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Business Update
Published Thu, Dec 5 2024 7:48 PM UTC
CNA Financial Corporation s Positive Outlook Revision Signals Strength and Stability in Property/Casualty Sector In a notable development for the insurance industry, AM Best, a global credit rating agency focusing on the insurance sector, has revised the outlook for CNA Financial Corporation and its subsidiaries from stable to positive. This change underscores the strong per...
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Cna Financial Corporation
The Property & Casualty Insurance company has reported positive growth in both its top and bottom-line for the fiscal first quarter of 2024. While the revenue for the company showed a year-on-year increase of 9.264%, it experienced a slight quarter-on-quarter decrease of -1.796%. This article delves into the details of the company's financial performance and highlights some interesting facts. Revenue Growth and Earnings per Share: The Property & Casualty Insurance company's revenue for the fiscal first quarter of 2024 reached $3.44 billion, showcasing a significant 9.264% increase compared to the previous year. However, it registered a slight decline of -1.796% when compared to the previous quarter. Despite this small setback, the company's earnings per share saw a sequential growth of 13.76%, reaching $1.24. However, earnings per share decreased by -8.03% compared to the previous quarter.
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Cna Financial Corporation
CNA Financial Corporation, a leading Property & Casualty Insurance company, recently released its financial results for the fiscal year ending December 31, 2023. The results indicate significant growth in profit per share, revenue, and net earnings. This article will outline the key facts and provide an interpretation of the financial data. Financial Performance: In 2023, profit per share for CNA Financial Corporation jumped by 47.77% to $1.35 per share, compared to the previous year's figures of $0.95 per share. This indicates the company's ability to generate more earnings for its shareholders. Additionally, revenue increased by 12.729% to $3.51 billion, surpassing the prior year's revenue of $3.34 billion.
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Cna Financial Corporation
The recently released financial results of CNA Financial Corporation have demonstrated remarkable growth and financial strength. With a surge in income per share, revenue increase, expanding profit margins, and encouraging net profits, CNA Financial Corporation seems well-positioned for future success. This article will delve into the implications of these results and analyze how they may impact the company moving forward. Income Per Share and Revenue Growth: CNA Financial Corporation's income per share experienced extraordinary growth, soaring by 102.13% to reach $0.95 per share. This exceptional advancement indicates the company's ability to generate higher earnings for its shareholders. Moreover, revenue increased by an impressive 12.817%, reaching a staggering $3.34 billion, outperforming its counterparts in the Property & Casualty Insurance industry.
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Per Share |
Current |
Earnings (TTM) |
4.8 $ |
Revenues (TTM) |
51.66 $
|
Cash Flow (TTM) |
- |
Cash |
5.35 $
|
Book Value |
39.45 $
|
Dividend (TTM) |
3.74 $ |
|
Per Share |
|
Earnings (TTM) |
4.8 $
|
Revenues (TTM) |
51.66 $ |
Cash Flow (TTM) |
- |
Cash |
5.35 $
|
Book Value |
39.45 $ |
Dividend (TTM) |
3.74 $ |
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Specialty |
|
38.89 % |
of total Revenue |
Commercial |
|
41.82 % |
of total Revenue |
International |
|
9.48 % |
of total Revenue |
Life Group |
|
9.67 % |
of total Revenue |
Corporate Other |
|
0.47 % |
of total Revenue |
Eliminations |
|
-0.06 % |
of total Revenue |
Management Professional Liability Specialty |
|
20.81 % |
of total Revenue |
Surety Specialty |
|
5.58 % |
of total Revenue |
Warranty Alternative Risks Specialty |
|
12.49 % |
of total Revenue |
Middle Market Commercial |
|
12.38 % |
of total Revenue |
Construction Commercial |
|
14.4 % |
of total Revenue |
Small Business Commercial |
|
4.45 % |
of total Revenue |
Other Commercial Commercial |
|
10.59 % |
of total Revenue |
Canada International |
|
2.74 % |
of total Revenue |
Europe International |
|
4.15 % |
of total Revenue |
Hardy International |
|
2.6 % |
of total Revenue |
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