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CNA Financial CNA Life & Group — Claim and claim adjustment expenses

Other segment segments

Commercial
$12.67B+8.2%
Specialty
$7.79B+2.8%
International
$3.4B+11.5%
Corporate & Other
$2.51B-5.0%

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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 us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense.

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
March 31, 2026 / (In millions)SpecialtyCommercialInternationalLife &GroupCorporate& OtherEliminationsTotal
Deferred acquisition costs4544071471,008
Goodwill11730147
Deferred non-insurance warranty acquisition expense3,0983,098
Insurance reserves
Claim and claim adjustment expenses7,78512,6683,3965782,50626,933
Unearned premiums3,2813,453806107(1)7,646
Future policy benefits13,19513,195
Deferred non-insurance warranty revenue3,9763,976

Item 1. Condensed Consolidated Financial Statements

FAQ

What is CNA Financial's life & group — claim and claim adjustment expenses?
CNA Financial (CNA) reported life & group — claim and claim adjustment expenses of $578M in Q1 2026.
How has CNA Financial's life & group — claim and claim adjustment expenses changed year-over-year?
CNA Financial's life & group — claim and claim adjustment expenses decreased by 6.2% year-over-year, from $616M to $578M.
What is the long-term trend for CNA Financial's life & group — claim and claim adjustment expenses?
Over 4 years (2021 to 2025), CNA Financial's life & group — claim and claim adjustment expenses has grown at a -32.9% compound annual growth rate (CAGR), from $12.03B to $2.43B.
What does life & group — claim and claim adjustment expenses mean?
This metric represents the total costs incurred by the Life and Group segment for settling insurance claims and the associated administrative costs of processing those claims. It reflects the direct financial impact of policyholder events and the operational efficiency of the claims department in managing these obligations. High expenses relative to premiums may indicate adverse loss development or higher-than-expected claim frequency.

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