CNA Financial reports Q3 core EPS $1.50 vs. $1.08 last year

Reports Q3 book value per share excluding AOCI of $46.30. The company said, “We achieved record core income of $409 million in the quarter, with year to date core income surpassing $1 billion for the first time in history. Underwriting income was exceptionally strong at $194 million, nearly triple the prior year’s quarter, aided by low catastrophe losses. The underlying underwriting gain reached $235 million, a record best, marking the tenth consecutive quarter above $200 million. Net investment income rose again year over year driven by higher fixed income results.”