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CNA Financial CNA Commercial Auto — Short-duration contracts reserve development

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LTR
LTRCommercial auto — Short-duration Insurance Contracts, Historical Claims Duration, Year Nine

Other financials

Income statement

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Revenue$3.7B+1.4%
Net income$211.0M-23.0%
EPS (diluted)$0.78-22.0%

Balance sheet

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Cash & equivalents$522.0M+8.1%
Total debt$3.0B-0.1%
Total equity$10.9B+5.6%
Total assets$68.6B+1.8%

Cash flow

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Operating cash flow$393.0M-38.4%
CapEx$13.0M-27.8%
Free cash flow$380.0M-38.7%

Valuation

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Market cap$12.04B-9.7%
Enterprise value$14.49B-8.4%
P/E9.9×-5.0×
P/S0.8×-0.1×

Profitability

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Net margin8.1%+1.9pp
FCF margin14.4%-3.7pp

Returns & leverage

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Return on equity11.5%+2.5pp
Debt / equity0.3×0.0×

Where this comes from

Reported directly by CNA Financial in its filing.

Tagged under the XBRL concept cna:ShortDurationContractsReserveDevelopmentTableTextBlock.

The official record: CNA Financial’s 10-K, filed February 10, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is CNA Financial's commercial auto — short-duration contracts reserve development?
CNA Financial (CNA) reported commercial auto — short-duration contracts reserve development of 0 in Q4 2025.
What does commercial auto — short-duration contracts reserve development mean?
The difference between what was originally set aside for commercial auto claims and what was actually paid or is now expected to be paid.
How do you interpret commercial auto — short-duration contracts reserve development?
Negative development (reserve releases) is generally favorable, while positive development (reserve strengthening) indicates prior underestimation of claims.
How does commercial auto — short-duration contracts reserve development compare across companies?
Standard industry metric for evaluating actuarial accuracy; peers often report this in annual loss development tables.