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CNA posts healthy Q4, AM Best ups outlook

08 February 2010

CNA Financial Corporation has reported a net income of $246m for the fourth quarter of 2009, compared with a net income loss of $336m in the fourth quarter of last year.

Read more: CNA Financial Corporation AM Best

CNA Financial Corporation has reported a net income of $246m for the fourth quarter of 2009, compared with a net income loss of $336m in the fourth quarter of last year.

Full year 2009 results included a net income of $419m, compared to the 2008 full year net income loss of $299m.

Net operating income for CNA’s property/casualty operations improved $205m in the fourth quarter of 2009. Property/casualty combined ratios for the fourth quarter and full year 2009 were 90.3% and 96.9%, respectively.

Gross written premiums for the property/casualty operations...


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