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CNA Financial CNA Commercial — Net written premiums

Other segment segments

Specialty
$3.52B+2.0%
International
$1.35B+6.7%
Life & Group
$419M-2.6%
Corporate & Other
$0

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$692M+5.6%

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$14.16B+9.9%
Enterprise value$16.61B+7.3%
P/E11.7×-3.0×
P/S0.9×+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:PremiumsWrittenNet.

The source filing: CNA Financial’s 10-K, filed February 10, 2026.

Filed
Feb 10, 2026, 8:11 AM EST
Fiscal year
FY2025
Accession
0000021175-26-000011
Year ended December 31, 2025 / (In millions)SpecialtyCommercialInternationalLife &GroupCorporate& OtherEliminationsTotal
Net written premiums$3,515$5,821$1,347$419$(1)$11,101
Operating revenues
Net earned premiums$3,472$5,695$1,311$423$(1)$10,900
Net investment income650775156914622,557
Non-insurance warranty revenue1,5771,577
Other revenues23212(10)36
Total operating revenues5,7016,5021,4671,33774(11)15,070
Claims, benefits and expenses

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is CNA Financial's commercial — net written premiums?
CNA Financial (CNA) reported commercial — net written premiums of $1.46B in Q4 2025.
How has CNA Financial's commercial — net written premiums changed year-over-year?
CNA Financial's commercial — net written premiums increased by 6.4% year-over-year, from $1.37B to $1.46B.
What is the long-term trend for CNA Financial's commercial — net written premiums?
Over 4 years (2021 to 2025), CNA Financial's commercial — net written premiums has grown at a 12.8% compound annual growth rate (CAGR), from $3.6B to $5.82B.
What does commercial — net written premiums mean?
The total premiums written by the commercial segment during a specific period, net of premiums ceded to reinsurers. This is a primary measure of the segment's top-line growth and market penetration. It reflects the amount of business the company has successfully underwritten and retained.

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