CNA Financial Corp

Latest Results (12.11.2025):

CNA Financial Corp reported its third quarter 2025 financial results, demonstrating a strong performance with net income of $403 million (or $1.48 per share) and record core income of $409 million (or $1.50 per share). The results reflect significant improvements compared to the prior year quarter, with better underwriting outcomes in the Property & Casualty segment due to lower catastrophe losses and strong investment income, while also declaring a quarterly dividend of $0.46 per share.

Record Earnings Growth

CNA Financial Corp's third quarter 2025 net income increased from $283 million to $403 million, while core income rose by 40% from $293 million to a record $409 million, translating to earnings per share of $1.48 and $1.50 respectively.

Improved Underwriting and Combined Ratios

The Property & Casualty (P&C) segment delivered core income of $456 million, aided by lower catastrophe losses (down to $41 million pretax) and improved underwriting results, with a combined ratio improving from 97.2% to 92.8% and the underlying ratio reaching 91.3%.

Segment and Premium Performance

Solid premium growth was seen in the P&C segments, with gross written premiums growing by 2% and net written premiums by 3%, bolstered by a 4% renewal premium change. The Life & Group and Corporate & Other segments recorded core losses, yet showed improvements compared to the prior year quarter.

Investment Income and Dividend Declaration

Net investment income increased slightly to $638 million pretax, reflecting higher fixed income yields. In addition, CNA Financial Corp declared a quarterly cash dividend of $0.46 per share, underscoring its commitment to returning value to shareholders.