CNA Financial: Strong History At A Good Price

Feb. 21, 2024 12:00 AM ETCNA Financial Corporation (CNA) StockCNA
Joseph Parrish
2.51K Followers

Summary

  • CNA Financial is a global property-casualty insurance company with a strong financial position and low P/E ratio.
  • The company operates in three segments: Specialty, Commercial, and International, all of which generate underwriting profits.
  • CNA has a steady growth in revenues and earnings, with its effective pricing models across its segments.

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CNA Financial is a global property-casualty insurance company. With apparently good financials, little coverage, and a low P/E ratio right now, I figured the company was a stone worth turning over. Having looked at its operations and history, I will explain

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2.51K Followers
I analyze securities based on value investing, an owner's mindset, and a long-term horizon. I don't write sell articles as those are considered short theses, and I never recommend shorting.Former advisory representative at Fidelity. I do my own investing now and share my research here.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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