Fourth quarter net income at CNA Financial Corp. was up about 54% to $367 million, and net income for the year increased 77% to a record $1.2 billion.
CNA said its property/casualty segments recorded net premium growth during the quarter of 10%, driven by new-business growth of 16%, retention of 85%, and premium increases of over 5% at renewal.
CEO Dino E. Robusto said CNA in 2023 continued to “lock in