The combined ratio for the P&C operations, excluding catastrophe losses in prior year development, improved by nearly 3 points versus last year's second quarter. Also, the reported combined ratio improved by 4.3 points to 101.7 during the second quarter.CNA continues to close the underwriting performance gap with its best-in-class competitors. There's more work to be done, and we look forward to CNA continuing its steady progress towards becoming a top-tier industry performer.
Loews Management Discusses Q2 2012 Results - Earnings Call Transcript
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