CNA Financial Corp
NYSE:CNA
CNA Financial Corp
CNA Financial Corporation is a venerable institution in the world of insurance, established in the late 19th century, headquartered in the bustling city of Chicago. As one of the largest commercial property and casualty insurance companies in the United States, CNA thrives by specializing in underwriting a diverse array of insurance products tailored primarily for businesses and professionals. Its comprehensive portfolio includes property and casualty insurance, claims management services, and risk management solutions, catering to industries such as construction, healthcare, and technology. The company’s prowess lies in its ability to assess risk comprehensively, using vast data and seasoned expertise to craft policies that protect its clients' assets and mitigate potential liabilities, thus allowing businesses to operate more securely in an uncertain world.
CNA Financial’s revenue model boasts a steady stream from the premiums collected from policyholders, which form the lifeblood of its operations. In addition to these premiums, CNA also profits from prudent investment of the collected funds, a strategy that complements its underwriting income and bolsters its financial strength. The company has cultivated a reputation for judicious risk management and claims handling, ensuring that their claim payout strategy supports long-term profitability. By meticulously balancing its underwriting practices with effective investing and claims management, CNA continues to navigate the complex and ever-evolving insurance landscape, securing its place as a formidable player in the insurance industry.
CNA Financial Corporation is a venerable institution in the world of insurance, established in the late 19th century, headquartered in the bustling city of Chicago. As one of the largest commercial property and casualty insurance companies in the United States, CNA thrives by specializing in underwriting a diverse array of insurance products tailored primarily for businesses and professionals. Its comprehensive portfolio includes property and casualty insurance, claims management services, and risk management solutions, catering to industries such as construction, healthcare, and technology. The company’s prowess lies in its ability to assess risk comprehensively, using vast data and seasoned expertise to craft policies that protect its clients' assets and mitigate potential liabilities, thus allowing businesses to operate more securely in an uncertain world.
CNA Financial’s revenue model boasts a steady stream from the premiums collected from policyholders, which form the lifeblood of its operations. In addition to these premiums, CNA also profits from prudent investment of the collected funds, a strategy that complements its underwriting income and bolsters its financial strength. The company has cultivated a reputation for judicious risk management and claims handling, ensuring that their claim payout strategy supports long-term profitability. By meticulously balancing its underwriting practices with effective investing and claims management, CNA continues to navigate the complex and ever-evolving insurance landscape, securing its place as a formidable player in the insurance industry.
Record Core Income: CNA achieved a record core income of $1,342 million for the full year 2025, marking the third consecutive year of record results.
Strong Underwriting & Investment: Underlying underwriting gain hit a record $855 million and net investment income for the year also reached a record $2,557 million.
Expense Ratio Progress: The expense ratio improved by 0.5 points to 29.7% for the year, its lowest since 2008, despite ongoing investments in technology and AI.
Dividend Increase: CNA raised its regular quarterly dividend by 4% to $0.48 per share and declared a $2.00 per share special dividend, bringing the total yield to about 8%.
AM Best Upgrade: AM Best upgraded CNA’s financial strength rating to A+ with a stable outlook, recognizing improved performance.
Mixed Quarterly Results: Q4 core income of $317 million was down 7% from the prior year quarter but still reflected solid underlying and investment performance.
AI Investments: CNA expanded its use of AI across the business, reporting faster processes and efficiency gains, and plans to continue its pragmatic investment in this area.
