CNA reported an earnings miss for the first quarter as it took an $83mn after-tax charge to reflect adverse development on asbestos and environmental pollution (AEP) exposures on the portfolio transferred to Berkshire Hathaway in 2010.
CNA reported an earnings miss for the first quarter as it took an $83mn after-tax charge to reflect adverse development on asbestos and environmental pollution (AEP) exposures on the portfolio transferred to Berkshire Hathaway in 2010.