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CNA Financial Corporation

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Shares of CNA Financial have outperformed the Zacks categorized Property and Casualty insurance industry year to date. CNA Financial’s is one of the versatile property and casualty (P&C) insurers displaying continued improvement in the combined ratio of its P&C business, leading to underwriting profitability. Moreover, the company remains committed in enhancing shareholders value via effective capital deployment. This in turn, makes the stock an attractive pick for yield-seeking investors. However, the insurer has been suffering significant catastrophe losses, which pose an inherent risk to the P&C business, inducing volatility in underwriting results. Also, declining investment income and weak operating income remain concerns. The company also witnessed 2017 estimates moving south over the last 60 days, however 2018 estimates increased over the same time frame.

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