Reuters | CNA Financial Corp said it sold its Argentinean subsidiary to the U.S.
unit of Australian insurer QBE Insurance Group for $66.3 million.
Inside these posts: CNA Financial
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CNA Financial sells Argentinean unit for $66.3M
CNA Financial announces first-quarter profit
Associated Press | Chicago-based CNA Financial Corp. said on Monday that it posted a first-quarter profit on improving performance in its investment portfolio, although higher catastrophe losses hurt results. The commercial insurer reported net income for the three months ended
March 31 of $245 million, or 82 cents per share, compared with a loss of
$195 million, or 84 cents per share, in the same quarter a year
earlier.
Get the full story: CNA Financial announces first-quarter profit.
