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Continental Casualty Won t Pay For Trump Tower s Water Mess
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Operator
Good morning, and welcome to CNA s Discussion of its 2021 Second Quarter Financial Results. CNA s second quarter earnings release, presentation and financial supplement were released this morning and are available via its website at www.cna.com. Speaking today will be Dino Robusto, CNA s Chairman and Chief Executive Officer; and Al Miralles, CNA s Chief Financial Officer. Following their prepared remarks, we will open the line for questions.
Today s call may include forward-looking statements and references to non-GAAP financial measures. Any forward-looking statements involve risks and uncertainties that may cause actual results to differ materially from the statements made during the call. Information concerning those risks is contained in the earnings release and in CNA s most recent SEC filing. In addition, the forward-looking statements speak only as of today, Monday, August 2, 2021. CNA expressly disclaims any obligation to update or revise any forward-looking statem
The board declares 27.37 pence per share of a quarterly cash dividend.
CNA Financial Corp. is currently close to 25% up in the stock market.
CNA Financial Corp. (NYSE: CNA) reported better-than-expected net income for the fiscal first quarter on Monday as net investment income showed resilience in recent months.
1. Financial performance
CNA Financial said that its net income in the first quarter printed at £224.69 million that translates to 82 pence per share. In the comparable quarter of last year, it had recorded £43.93 million of loss, or 16.56 pence per share.
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