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CNA Financial CNA Life & Group — Benefits, Losses and Expenses Excluding Pension Settlements

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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$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:BenefitsLossesAndExpensesExcludingPensionSettlements.

The source filing: CNA Financial’s 10-Q, filed May 4, 2026.

Filed
May 4, 2026, 6:22 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000021175-26-000031
Three months ended March 31, 2026 / (In millions)SpecialtyCommercialInternationalLife &GroupCorporate& OtherEliminationsTotal
Insurance related administrative expenses891714329332
Interest expense3333
Other segment items (1)12112115(3)38
Total claims, benefits and expenses1,2441,47232234431(3)3,410
Income tax (expense) benefit on core income (loss)(26)(27)(18)83(60)
Core income (loss)$99$112$37$(9)$(14)$225
Net investment gains (losses)(18)
Income tax (expense) benefit on net investment gains (losses)4

Item 1. Condensed Consolidated Financial Statements

FAQ

What is CNA Financial's life & group — benefits, losses and expenses excluding pension settlements?
CNA Financial (CNA) reported life & group — benefits, losses and expenses excluding pension settlements of $344M in Q1 2026.
How has CNA Financial's life & group — benefits, losses and expenses excluding pension settlements changed year-over-year?
CNA Financial's life & group — benefits, losses and expenses excluding pension settlements increased by 4.2% year-over-year, from $330M to $344M.
What is the long-term trend for CNA Financial's life & group — benefits, losses and expenses excluding pension settlements?
Over 3 years (2022 to 2025), CNA Financial's life & group — benefits, losses and expenses excluding pension settlements has grown at a -3.9% compound annual growth rate (CAGR), from $1.6B to $1.42B.
What does life & group — benefits, losses and expenses excluding pension settlements mean?
The total sum of policyholder benefits, insurance claims, and operational expenses for the Life and Group segment, adjusted to exclude the impact of pension settlement charges. This provides a clearer view of the underlying operational cost structure of the segment.

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