Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 -0.00820707070707072
Stock impact report

Loews' third-quarter profit jumps on investment income boost [Yahoo! Finance Canada]

CNA Financial Corporation (CNA) 
Last cna financial corporation earnings: 2/10 06:00 am Check Earnings Report
US:NYSE Investor Relations: investor.cna.com
The New York-based company's investment income jumped to $776 million in the third quarter from $592 million a year earlier. Income attributable to Loews rose to $401 million, or $1.82 per share, in the three months ended Sept. 30, compared with $253 million, or $1.12 per share, last year. The company earns most of its revenue from its insurance unit CNA Financial, in which it holds a more than 90% stake, as per LSEG data. The insurance unit reported an underlying combined ratio of 91.6% in its property and casualty business, compared with 90.4% a year earlier. A ratio below 100% means an insurer earned more in premiums than it paid out in claims. CNA Financial's quarterly insurance premiums rose to $2.59 billion from $2.41 billion. "CNA performed well despite elevated industry catastrophe losses," Loews CEO James Tisch, who is set to retire at the end of 2024, said. Analysts said in October that Hurricane Milton could cause losses of up to $100 billion for the global ins Show less Read more
Impact Snapshot
Event Time:
CNA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
CNA alerts

from News Quantified
Opt-in for
CNA alerts

from News Quantified