CI Financial reported Q2 non-GAAP EPS of $0.89, EBITDA of $296.6 million, and adjusted EBITDA of $256.3 million. Total assets reached $550.9 billion, up 12.6% YoY. Operating cash flow was $98.5 million, and free cash flow was $174.7 million. The company paid $28.7 million in dividends at $0.20 per share.
CNA Financial (NYSE:CNA) has released its second-quarter 2025 financial results, showcasing a robust performance with several notable improvements. The company reported a net income of $299 million ($1.10 per share), a decline of 6% compared to the same period last year, but with a significant increase in core income [1].
Core income rose by 3% to $335 million ($1.23 per share), driven largely by a 18% increase in property and casualty (P&C) core income to $448 million. This segment also achieved a combined ratio of 94.1%, a notable improvement from the previous year's 94.8%. Additionally, net investment income grew by 7% to $662 million [1].
The company's financial highlights include a 5% gross written premium growth and a 6% net written premium growth, with a renewal premium change of +5%. New business grew by 8% to $645 million, indicating strong market performance. The expense ratio improved to 29.8%, the lowest since 2008, and operating cash flow from operations increased by 7% to $562 million [1].
CNA Financial also declared a quarterly dividend of $0.46 per share, payable on September 4, 2025. The book value per share, excluding AOCI, reached $45.25, representing a 4% increase from year-end 2024 after adjusting for dividends [1].
References:
[1] https://www.stocktitan.net/news/CNA/cna-financial-announces-second-quarter-2025-net-income-of-1-10-per-axe8xiw9mxr0.html
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