CNA Reports Third Quarter Earnings, Third Quarter Restructuring Charges and Officer Stock Ownership Plan.
Business Wire › November 04, 1998
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CNA Reports Third Quarter Earnings, Third Quarter Restructuring Charges and Officer Stock Ownership Plan.
CHICAGO--(BUSINESS WIRE)--Nov. 4, 1998--CNA Financial Corporation (NYSE:CNA) announced its financial results for the third quarter. "CNA premium revenues were lower than anticipated because of extremely competitive conditions in commercial property-casualty insurance and our efforts to maintain pricing discipline," said Chairman and Chief Executive Office Dennis H. Chookaszian. "Our combined ratio - a key measure of our property-casualty operations - ran high because of increased catastrophe losses compared to last year, and restructuring and other related charges."
Third Quarter Results and Nine-Month Comparisons CNA reporte...See the full content of this document
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