CHICAGO, Oct.ย 31, 2022 /PRNewswire/ --ย CNA Financial Corporation (NYSE: CNA) today announced third quarter 2022 net income of $128 million, or $0.47 per share, versus $256 million, or $0.94 per share, in the prior year quarter.ย Net investment losses for the quarter were $85 million, which include losses from fixed income securities as a result of portfolio repositioning, and a $35ย million non-economic loss related to the expected novation of a coinsurance agreement in our Life & Group segment and associated funds withheld embedded derivative.ย Net investment gains were $19 million in the prior year quarter.
Read more at prnewswire.comCNA FINANCIAL ANNOUNCES THIRD QUARTER 2022 NET INCOME OF $0.47 PER SHARE AND CORE INCOME OF $0.78 PER SHARE
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