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CNA Financial CNA General Liability — General Liability

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 cna:NetPriorYearClaimAndAllocatedClaimAdjustmentExpenseReserveDevelopmentGeneralLiability.

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
Years ended December 31 / (In millions)202520242023
Pretax (favorable) unfavorable development:
Commercial Auto$74$107$33
General Liability11475149
Workers' Compensation(135)(202)(203)
Property and Other(14)4(1)
Total pretax (favorable) unfavorable development$39$(16)$(22)

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is CNA Financial's general liability — general liability?
CNA Financial (CNA) reported general liability — general liability of $28.5M in Q4 2025.
How has CNA Financial's general liability — general liability changed year-over-year?
CNA Financial's general liability — general liability increased by 52.0% year-over-year, from $18.75M to $28.5M.
What is the long-term trend for CNA Financial's general liability — general liability?
Over 4 years (2021 to 2025), CNA Financial's general liability — general liability has grown at a 66.0% compound annual growth rate (CAGR), from $15M to $114M.
What does general liability — general liability mean?
This metric represents the net prior year reserve development for claims and allocated claim adjustment expenses specifically within the General Liability insurance segment. It measures the change in estimated liabilities for claims occurring in previous accident years, reflecting the accuracy of initial loss reserves as claims are settled or re-evaluated over time. Positive development indicates an increase in estimated liabilities, while negative development suggests a favorable release of reserves.

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