Correction: CNA reports $87mn Ian loss as combined ratio hits 95.8%
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Correction: CNA reports $87mn Ian loss as combined ratio hits 95.8%

Aisling Finn
October 31, 2022
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Aerial view of downtown Chicago

CNA Financial’s P&C arm reported a combined ratio of 95.8% for Q3, a 4.2-point improvement on the prior-year period, but up from the 91% it posted last quarter.

The carrier reported a $87mn hit from Hurricane Ian, which accounted for the majority of the $114mn catastrophe losses reported by CNA this quarter.

CNA

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Aisling Finn
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