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CNA Financial CNA Commercial — Benefits Losses And Expenses

Discontinued — last reported Q2 '24

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CNCCommercial — Segment gross margin
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CNCCommercial — Cost of Services
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CNCCommercial — Total revenues
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HIGProperty And Casualty Commercial Insurance Product Line — Supplementary Insurance Information Benefits Claims Losses And Settlement Expense
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HUMIndividual Commercial — Benefits Losses And Expenses
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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 us-gaap:BenefitsLossesAndExpenses.

The official record: CNA Financial’s 10-Q, filed July 29, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is CNA Financial's commercial — benefits losses and expenses?
CNA Financial (CNA) reported commercial — benefits losses and expenses of $1.22B in Q2 2024.
How has CNA Financial's commercial — benefits losses and expenses changed year-over-year?
CNA Financial's commercial — benefits losses and expenses increased by 12.2% year-over-year, from $1.09B to $1.22B.
What does commercial — benefits losses and expenses mean?
The total sum of all claims, benefits, and operating expenses for the commercial segment.
How do you interpret commercial — benefits losses and expenses?
A decrease relative to earned premiums indicates improved underwriting profitability and operational efficiency.
How does commercial — benefits losses and expenses compare across companies?
Equivalent to total underwriting costs in standard insurance financial statements.