Latest Cna Financial Corp (CNA) Headlines
A.M. Best Comments on Wilton Re Holdings Limited's Recent Acquisition Announcements
Business Wire - Mon Mar 03, 9:41AM CST
A.M. Best has commented that the ratings for Wilton Re Holdings Limited (Wilton Re) (Hamilton, Bermuda) and its insurance subsidiaries remain unchanged following Wilton Re's recent announcements that it intends to acquire Continental Assurance Company (CAC) from CNA Financial Corporation (CNA) and Conseco Life Insurance Company (CLIC) from CNO Financial Group, Inc. (CNO).
Fitch Rates CNA's New Senior Debt Issue due 2024 'BBB'
Business Wire - Wed Feb 26, 9:41AM CST
Fitch Ratings has affirmed CNA Financial Corporation's (CNA) Issuer Default Rating (IDR) at 'BBB+' and its senior unsecured debt at 'BBB'. Fitch has assigned a 'BBB' rating to CNA's 3.95% $550 million senior unsecured debt issuance that matures in 2024. Also, Fitch has affirmed the Insurer Financial Strength (IFS) ratings of CNA's property/casualty insurance subsidiaries at 'A'. The Rating Outlook for all ratings is Stable. A full rating list is shown below.
A.M. Best Assigns Debt Rating to CNA Financial Corporation's Forthcoming Senior Notes
Business Wire - Tue Feb 25, 8:38AM CST
A.M. Best has assigned a debt rating of "bbb" to the forthcoming $550 million 3.95% senior unsecured notes due May 2024 to be issued by CNA Financial Corporation (CNAF) (headquartered in Chicago, IL) [NYSE: CNAF]. The outlook assigned is stable.
CNA Financial Prices $550 Million Offering Of Senior Notes
PR Newswire - Mon Feb 24, 6:23PM CST
CNA Financial Corporation (NYSE: CNA) today announced that it has priced $550 million aggregate principal amount of 3.950% senior notes due May 15, 2024 in a public offering. The notes were offered to the public at 99.988% of the principal amount with a yield to maturity of 3.952%. CNA expects the offering to close on February 27, 2014, subject to customary closing conditions.
5 Big Stocks to Trade for Gains in February
at The Street - Thu Feb 20, 10:02AM CST
In this buy-the-dips market, here's a look at five big stocks to trade.
Hardy Appoints David Brosnan Chief Executive
CNW Group - Wed Feb 19, 11:16AM CST
Hardy (Underwriting Agencies) Limited (Hardy), a leading specialist (re)insurance underwriting business, today announces the appointment of David Brosnan as its chief executive. Mr. Brosnan has also been appointed to serve on the Hardy Board of Directors. These appointments are effective immediately and have been approved by the Prudential Regulation Authority (PRA) and are subject to approval by Lloyd's of London.
CNA Appoints New SVP & Chief Underwriting Officer for Specialty
PR Newswire - Mon Feb 17, 9:00AM CST
CNA Financial Corporation (NYSE: CNA) today announced the appointment of Christopher Leisz as Senior Vice President & Chief Underwriting Officer for Specialty, effective Feb. 14, 2014.
A.M. Best Places Ratings of Continental Assurance Company under Review
Business Wire - Tue Feb 11, 2:22PM CST
A.M. Best Co. has placed under review with developing implications the financial strength rating of A- (Excellent) and the issuer credit rating of "a-" of Continental Assurance Company (CAC). CAC is the life/health subsidiary of CNA Financial Corporation (CNA). The above named companies are headquartered in Chicago, IL.
Loews Corporation Announces Quarterly Dividend On Common Stock
PR Newswire - Tue Feb 11, 11:15AM CST
Loews Corporation (NYSE: L) announced today the declaration of the Company's quarterly dividend of $0.0625 per share of Common Stock, payable March 14, 2014 to shareholders of record on March 3, 2014.
Q4 Earnings Beat at CNA Financial; Div Up - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Feb 11, 8:10AM CST
CNA Financial's fourth-quarter 2013 earnings of $1.24 per share far exceeded the Zacks Consensus Estimate of 85 cents per share.
3 Financial Stocks Spiking on Unusual Volume
at The Street - Tue Feb 11, 5:30AM CST
Unusual volume can signal that hedge funds and momentum traders are piling into a stock ahead of a catalyst.
Fitch: Wilton Re's Ratings Unchanged following Acquisition Announcement
Business Wire - Mon Feb 10, 4:03PM CST
Fitch Ratings has taken no rating action on Wilton Reassurance Company or any of its subsidiaries (collectively Wilton Re) following today's announcement that the company signed a definitive agreement to acquire 100% of the common stock of Continental Assurance Company, a wholly owned subsidiary of CNA Financial Corporation (CNA).
Loews Exposed to Boardwalk Pipeline Tumble as CNA Surges
at The Street - Mon Feb 10, 12:55PM CST
Loews' losses on Boardwalk Pipeline may be softened by asset sales and special dividends at CNA Financial.
Is CNO Financial (CNO) Poised to Beat Earnings Estimates? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Feb 10, 12:10PM CST
CNO Financial Group, Inc. is set to report fourth-quarter 2013 results on Feb 11, 2014.
CNA Announces Sale of Life & Group Subsidiary to Wilton Re
PR Newswire - Mon Feb 10, 5:15AM CST
CNA Financial Corporation (NYSE: CNA) today announced that it has entered into a definitive agreement to sell 100% of the common stock of Continental Assurance Company (CAC), an indirect, wholly owned life insurance subsidiary consisting primarily of structured settlement and group annuities, to a subsidiary of Wilton Re Holdings Limited (Wilton Re).
CNA Financial Announces Fourth Quarter 2013 Results
PR Newswire - Mon Feb 10, 5:00AM CST
-- Q4 NOI OF $0.79 PER SHARE; $1.24 ADJUSTED FOR RETRO REINSURANCE CHARGE
Loews Corporation Reports Net Income Of $595 Million For 2013 As Compared To $568 Million In 2012
PR Newswire - Mon Feb 10, 5:00AM CST
Loews Corporation (NYSE:L) today reported net income for 2013 of $595 million, or $1.53 per share, compared to $568 million, or $1.43 per share, in 2012. For the fourth quarter of 2013, Loews reported a net loss of $198 million, or $0.51 per share, as compared to a net loss of $32 million, or $0.08 per share, in the fourth quarter of 2012.
CNA Warranty and EPIC Offer the Industry's Top Hearing Aid Protection Plans
PR Newswire - Thu Feb 06, 10:39AM CST
CNA Warranty & Alternative Risks today announced its agreement with the Ear Professionals International Corporation (EPIC) to offer hearing device protection plans and inland marine insurance policies to hearing aid users.
CNA's Thomas F. Motamed To Speak At The Bank Of America Merrill Lynch 2014 Insurance Conference On February 12, 2014
PR Newswire - Wed Feb 05, 3:00PM CST
CNA Financial Corporation (NYSE: CNA) announced today that Thomas F. Motamed, chairman and chief executive officer, will speak at the Bank of America Merrill Lynch 2014 Insurance Conference on Wednesday, February 12, 2014 at 2:20 p.m. (ET) at The New York Palace. A live webcast will be available through the company's website at http://investor.cna.com. A replay will be available until March 12, 2014.
A.M. Best Comments on Wilton Re Holdings Limited's Recent Acquisition Announcements
Business Wire - Mon Mar 03, 9:41AM CST
A.M. Best has commented that the ratings for Wilton Re Holdings Limited (Wilton Re) (Hamilton, Bermuda) and its insurance subsidiaries remain unchanged following Wilton Re's recent announcements that it intends to acquire Continental Assurance Company (CAC) from CNA Financial Corporation (CNA) and Conseco Life Insurance Company (CLIC) from CNO Financial Group, Inc. (CNO).
Fitch Rates CNA's New Senior Debt Issue due 2024 'BBB'
Business Wire - Wed Feb 26, 9:41AM CST
Fitch Ratings has affirmed CNA Financial Corporation's (CNA) Issuer Default Rating (IDR) at 'BBB+' and its senior unsecured debt at 'BBB'. Fitch has assigned a 'BBB' rating to CNA's 3.95% $550 million senior unsecured debt issuance that matures in 2024. Also, Fitch has affirmed the Insurer Financial Strength (IFS) ratings of CNA's property/casualty insurance subsidiaries at 'A'. The Rating Outlook for all ratings is Stable. A full rating list is shown below.
A.M. Best Assigns Debt Rating to CNA Financial Corporation's Forthcoming Senior Notes
Business Wire - Tue Feb 25, 8:38AM CST
A.M. Best has assigned a debt rating of "bbb" to the forthcoming $550 million 3.95% senior unsecured notes due May 2024 to be issued by CNA Financial Corporation (CNAF) (headquartered in Chicago, IL) [NYSE: CNAF]. The outlook assigned is stable.
CNA Financial Prices $550 Million Offering Of Senior Notes
PR Newswire - Mon Feb 24, 6:23PM CST
CNA Financial Corporation (NYSE: CNA) today announced that it has priced $550 million aggregate principal amount of 3.950% senior notes due May 15, 2024 in a public offering. The notes were offered to the public at 99.988% of the principal amount with a yield to maturity of 3.952%. CNA expects the offering to close on February 27, 2014, subject to customary closing conditions.
5 Big Stocks to Trade for Gains in February
at The Street - Thu Feb 20, 10:02AM CST
In this buy-the-dips market, here's a look at five big stocks to trade.
Hardy Appoints David Brosnan Chief Executive
CNW Group - Wed Feb 19, 11:16AM CST
Hardy (Underwriting Agencies) Limited (Hardy), a leading specialist (re)insurance underwriting business, today announces the appointment of David Brosnan as its chief executive. Mr. Brosnan has also been appointed to serve on the Hardy Board of Directors. These appointments are effective immediately and have been approved by the Prudential Regulation Authority (PRA) and are subject to approval by Lloyd's of London.
CNA Appoints New SVP & Chief Underwriting Officer for Specialty
PR Newswire - Mon Feb 17, 9:00AM CST
CNA Financial Corporation (NYSE: CNA) today announced the appointment of Christopher Leisz as Senior Vice President & Chief Underwriting Officer for Specialty, effective Feb. 14, 2014.
A.M. Best Places Ratings of Continental Assurance Company under Review
Business Wire - Tue Feb 11, 2:22PM CST
A.M. Best Co. has placed under review with developing implications the financial strength rating of A- (Excellent) and the issuer credit rating of "a-" of Continental Assurance Company (CAC). CAC is the life/health subsidiary of CNA Financial Corporation (CNA). The above named companies are headquartered in Chicago, IL.
Loews Corporation Announces Quarterly Dividend On Common Stock
PR Newswire - Tue Feb 11, 11:15AM CST
Loews Corporation (NYSE: L) announced today the declaration of the Company's quarterly dividend of $0.0625 per share of Common Stock, payable March 14, 2014 to shareholders of record on March 3, 2014.
Q4 Earnings Beat at CNA Financial; Div Up - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Feb 11, 8:10AM CST
CNA Financial's fourth-quarter 2013 earnings of $1.24 per share far exceeded the Zacks Consensus Estimate of 85 cents per share.
3 Financial Stocks Spiking on Unusual Volume
at The Street - Tue Feb 11, 5:30AM CST
Unusual volume can signal that hedge funds and momentum traders are piling into a stock ahead of a catalyst.
Fitch: Wilton Re's Ratings Unchanged following Acquisition Announcement
Business Wire - Mon Feb 10, 4:03PM CST
Fitch Ratings has taken no rating action on Wilton Reassurance Company or any of its subsidiaries (collectively Wilton Re) following today's announcement that the company signed a definitive agreement to acquire 100% of the common stock of Continental Assurance Company, a wholly owned subsidiary of CNA Financial Corporation (CNA).
Loews Exposed to Boardwalk Pipeline Tumble as CNA Surges
at The Street - Mon Feb 10, 12:55PM CST
Loews' losses on Boardwalk Pipeline may be softened by asset sales and special dividends at CNA Financial.
Is CNO Financial (CNO) Poised to Beat Earnings Estimates? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Feb 10, 12:10PM CST
CNO Financial Group, Inc. is set to report fourth-quarter 2013 results on Feb 11, 2014.
CNA Announces Sale of Life & Group Subsidiary to Wilton Re
PR Newswire - Mon Feb 10, 5:15AM CST
CNA Financial Corporation (NYSE: CNA) today announced that it has entered into a definitive agreement to sell 100% of the common stock of Continental Assurance Company (CAC), an indirect, wholly owned life insurance subsidiary consisting primarily of structured settlement and group annuities, to a subsidiary of Wilton Re Holdings Limited (Wilton Re).
CNA Financial Announces Fourth Quarter 2013 Results
PR Newswire - Mon Feb 10, 5:00AM CST
-- Q4 NOI OF $0.79 PER SHARE; $1.24 ADJUSTED FOR RETRO REINSURANCE CHARGE
Loews Corporation Reports Net Income Of $595 Million For 2013 As Compared To $568 Million In 2012
PR Newswire - Mon Feb 10, 5:00AM CST
Loews Corporation (NYSE:L) today reported net income for 2013 of $595 million, or $1.53 per share, compared to $568 million, or $1.43 per share, in 2012. For the fourth quarter of 2013, Loews reported a net loss of $198 million, or $0.51 per share, as compared to a net loss of $32 million, or $0.08 per share, in the fourth quarter of 2012.
CNA Warranty and EPIC Offer the Industry's Top Hearing Aid Protection Plans
PR Newswire - Thu Feb 06, 10:39AM CST
CNA Warranty & Alternative Risks today announced its agreement with the Ear Professionals International Corporation (EPIC) to offer hearing device protection plans and inland marine insurance policies to hearing aid users.
CNA's Thomas F. Motamed To Speak At The Bank Of America Merrill Lynch 2014 Insurance Conference On February 12, 2014
PR Newswire - Wed Feb 05, 3:00PM CST
CNA Financial Corporation (NYSE: CNA) announced today that Thomas F. Motamed, chairman and chief executive officer, will speak at the Bank of America Merrill Lynch 2014 Insurance Conference on Wednesday, February 12, 2014 at 2:20 p.m. (ET) at The New York Palace. A live webcast will be available through the company's website at http://investor.cna.com. A replay will be available until March 12, 2014.
