CNA Q4 2022 Earnings Report
Key Takeaways
CNA Financial Corporation reported a net income of $248 million, or $0.91 per share, for Q4 2022, compared to $266 million, or $0.98 per share, in the prior year quarter. The core income for the quarter was $274 million, or $1.01 per share, versus $265 million, or $0.97 per share, in the prior year quarter. The P&C combined ratio was 93.7%, compared with 92.9% in the prior year quarter. The company increased its quarterly dividend by 5% to $0.42 per share and declared a special dividend of $1.20 per share.
Net income for Q4 2022 was $248 million, or $0.91 per share.
Core income for Q4 2022 was $274 million, or $1.01 per share.
P&C combined ratio was 93.7% for the quarter.
The company increased its quarterly dividend by 5% to $0.42 per share and declared a special dividend of $1.20 per share.
CNA
CNA
CNA Revenue by Segment
Forward Guidance
CNA Financial is optimistic about capitalizing on favorable market conditions and achieving a meaningful benefit from higher yields on their fixed maturity portfolio.
Positive Outlook
- Favorable market conditions.
- Higher yields on fixed maturity portfolio.
Revenue & Expenses
Visualization of income flow from segment revenue to net income