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CNA Financial CNA Life & Group — Net IBNR Reserves

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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$12.04B-9.7%
Enterprise value$14.49B-8.4%
P/E9.9×-5.0×
P/S0.8×-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:NetIbnrReserves.

The official record: CNA Financial’s 10-K, filed February 10, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is CNA Financial's life & group — net IBNR reserves?
CNA Financial (CNA) reported life & group — net IBNR reserves of $29M in Q4 2025.
How has CNA Financial's life & group — net IBNR reserves changed year-over-year?
CNA Financial's life & group — net IBNR reserves increased by 7.4% year-over-year, from $27M to $29M.
What does life & group — net IBNR reserves mean?
The estimated cost for claims that have occurred but not yet been reported, net of reinsurance.
How do you interpret life & group — net IBNR reserves?
An increase suggests higher net future claims exposure, while a decrease indicates lower net risk from unreported claims.
How does life & group — net IBNR reserves compare across companies?
Standard industry metric for 'Net IBNR' or 'Net Incurred But Not Reported' reserves.