CNA posts increased Q2 2006 profits
CNA Financial Corporation has announced second quarter of 2006 results. Net operating income from continuing operations for the second quarter of 2006 of $305m as compared with $272m for the same period in 2005. The second quarter of 2005 included a $115m benefit related to a federal income tax settlement and a $36m loss resulting from a reinsurance commutation.
Net income for the second quarter of 2006 of $239m as compared with $290m for the same period in 2005. The second quarter of 2006 included net realized investment losses of $64 million as compared to
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