Insurance company CNA Surety has reported net income of $21.9 million, or $0.49 per diluted share for the fourth quarter of 2007, compared to $21.7 million, or $0.49 per diluted share for the fourth quarter of 2006.

For the full-year period of 2007, net income was $92.5 million, or $2.09 per diluted share, compared to $82.8 million, or $1.89 per diluted share for the full-year period of 2006.

John Welch, president and CEO, said: Our 2007 results were very strong as we achieved 12% growth in net income. Although we did experience some loss activity that triggered additional ceded premiums under our reinsurance contract, we are pleased with our overall loss experience in 2007.