CNA Financial (CNA) remains poised to grow on the back of strong rate, higher income from limited partnership, improved net earned premium and sufficient liquidity.
CNA Financial reported consistent net income of $338 million in Q1 2024, driven by higher investment income and robust underwriting performance. The specialty business maintained a steady combined ratio of 90.7%, while the commercial business experienced premium growth but a deteriorated combined ratio. Looking ahead, CNA Financial remains well-positioned to provide recurring and steady cash flows through dividend increases and special dividend payments.
CNA Financial (CNA) reported earnings 30 days ago. What's next for the stock?
Solid premium writing underwriting expertise, a sturdy balance sheet and capital deployment poise CNA Financial (CNA) for growth.
Here, we pick five insurance stocks, Allstate (ALL), Cincinnati Financial (CINF), CNA Financial (CNA), First American Financial (FAF) and American Financial (AFG), which have a solid dividend history.