DIno Robusto Archives - Carrier Management

CEO Views: Successes and Failures in Dealing With Pandemic Challenges

As insurance professionals prepare for mask-free life and opportunities to exchange ideas in person, industry leaders took the virtual stage again at a midyear conference, recounting industry lessons ...

A Rebound for CNA’s Q1 Net Income, but Catastrophe Losses Soar

CNA Financial Corp. saw its first quarter net income improve dramatically over the previous year, thanks in part to better investment numbers. At the same time, CNA's net pretax catastrophe losses ...

CNA CEO Robusto’s Contract Extended Through 2024

CNA Financial Corp. Chairman and CEO Dino Robusto will remain in his position a few extra years, thanks to a contract extension that will run through 2024. The Chicao-based commercial ...

CNA Chooses Miralles as Its New CFO

CNA's CFO slot has a new person in the role. The Chicago-based property/casualty insurer said it appointed Al Miralles as executive vice president and chief financial officer. He replaces James ...

CNA Scores With Improved Q4 Results and Investments

Higher premiums, soaring investment results and fewer catastrophe losses helped CNA Financial Corp. produce solid net income to close out 2019. CNA's Q4 2019 net income reached $273 million, or $1 ...

$170 Million Charge Takes Chunk Out of CNA’s Q3 Net Income

CNA Financial Corp. saw a significant drop in net income during its 2019 third quarter as the insurer took a $170 million charge and its P/C combined ratio ticked higher. CNA booked $107 million in ...

CNA’s Net Investment Income and Premiums Rise; P/C Combined Ratio Spikes

Catastrophe losses drove CNA Financial Corp.'s property/casualty and commercial division combined ratios higher in the first quarter, though the insurer saw its net income rise slightly as investment ...

CNA Buoyed by Trump Tax Cuts and Lower Catastrophe Losses

The Trump tax cuts helped CNA Financial Corp.'s 2018 third quarter net income soar. Lower catastrophe losses also helped the bottom line, but investment income declined. Net income for the ...

Underwriting Pain, Exits Begin; Insurers Rethinking Lloyd’s

News that Lloyd's is undergoing a strategic review of its operations may be part of a larger industrywide phenomenon—reality is setting in and underwriting pain is increasing, an industry executive ...

For CNA, International Insurance Was a Blemish on an Otherwise Solid Q2

For CNA Financial Corp., the 2018 second quarter produced mostly gains: Higher net premiums written in most of its divisions, increased investment returns and still-healthy combined ratios in all but ...