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Stock Market & Financial Investment News

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February 10, 2014
06:15 EDTCNACNA Financial reports Q4 EPS 82c, consensus 88c
Reports Q4 net operating income of $213M, or 79c per share, and net income of $221M, or 82c per share. Q4 and FY results were adversely affected by a $123M after-tax charge related to retroactive reinsurance accounting for the 2010 Asbestos and Environmental Pollution Loss Portfolio Transfer. Property & Casualty Operations combined ratio for Q4 and FY was 95% and 97.9%, respectively.
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