CNA FINANCIAL CORP
For the period ended Mar 31, 2024. Filed May 6, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 6, 2024
CNA$47.32-1.7%Stored close · as of Nov 6, 2026
Contents
Condensed Consolidated Statements of Operations for the three months ended March 31, 2024 and 2023 (Unaudited)
Condensed Consolidated Statements of Operations (Unaudited)
| (In millions, except per share data) | 2024 | 2023 |
|---|---|---|
| Revenues | ||
| Net earned premiums | $2,441 | $2,248 |
| Net investment income | 609 | 525 |
| Net investment losses | (22) | (35) |
| Non-insurance warranty revenue | 407 | 407 |
| Other revenues | 9 | 7 |
| Total revenues | 3,444 | 3,152 |
| Claims, Benefits and Expenses | ||
| Insurance claims and policyholders’ benefits (re-measurement (loss) gain of $(15) and $1) | 1,807 | 1,653 |
| Amortization of deferred acquisition costs | 444 | 379 |
| Non-insurance warranty expense | 394 | 384 |
| Other operating expenses | 337 | 337 |
| Interest | 35 | 28 |
| Total claims, benefits and expenses | 3,017 | 2,781 |
| Income before income tax | 427 | 371 |
| Income tax expense | (89) | (74) |
| Net income | $338 | $297 |
| Basic earnings per share | $1.24 | $1.10 |
| Diluted earnings per share | $1.24 | $1.09 |
| Weighted Average Outstanding Common Stock and Common Stock Equivalents | ||
| Basic | 271.6 | 271.3 |
| Diluted | 272.7 | 272.3 |
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