NU Online News Service, Feb. 7, 1:40 p.m. EST
CNA Financial Corp. reported a 2010 fourth quarter net income of $302 million, up 22.8 percent over the 2009 first quarter.
Chicago-based specialty and commercial insurer CNA said net operating income increased $50 million for its core property and casualty operations in the quarter due primarily to higher net investment income. Net operating results for non-core segments improved $79 million due to decreased unfavorable net prior year development, the company said.
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