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CNA Financial CNA Life & Group — Future policy benefits

Other segment segments

Commercial
$0
Corporate & Other
$0
International
$0
Specialty
$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:LiabilityForFuturePolicyBenefits.

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 — future policy benefits?
CNA Financial (CNA) reported life & group — future policy benefits of $13.2B in Q1 2026.
How has CNA Financial's life & group — future policy benefits changed year-over-year?
CNA Financial's life & group — future policy benefits decreased by 0.8% year-over-year, from $13.3B to $13.2B.
What is the long-term trend for CNA Financial's life & group — future policy benefits?
Over 4 years (2021 to 2025), CNA Financial's life & group — future policy benefits has grown at a -1.8% compound annual growth rate (CAGR), from $57.55B to $53.63B.
What does life & group — future policy benefits mean?
This liability represents the estimated present value of future benefits that the Life and Group segment expects to pay to policyholders. It is calculated based on actuarial assumptions regarding mortality, morbidity, and investment returns over the life of the policies. It is a critical measure of the long-term financial obligation the company holds for its life insurance products.

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