Net income for the nine months leading up to September 30, 2018, was US$868 million (up from US$633 million last year), with a property & casualty operations combined ratio of 93.7%, compared with 98.2% in the first nine months of 2017. US insurance firm CNA Financial has announced its best quarterly results since 2010 with a Q3 net income of $336m and a core income of $317m. The results show a marked improvement from the same period last year, which saw $144m and $159m in net and core income, respectively. In terms of revenue, CNA’s earnings per share were up by more than 50% to $1.05 compared to the previous quarter.
US insurance firm CNA Financial has announced its best quarterly results since 2010 with a Q3 net income of $336m and a core income of $317m. The results show a marked improvement from the same period last year, which saw $144m and $159m in net and core income, respectively. In terms of revenue, CNA’s earnings per share were up by more than 50% to $1.05 compared to the previous quarter.