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CNA Financial CNA Medical Professional Liability — IBNR

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45,600,000,000%+6.8%

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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:ShortdurationInsuranceContractsIncurredButNotReportedIbnrClaimsLiabilityNet.

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
As of December 31Calendar YearAs of December 31, 2025
201947817
202040057
202131857
202232387
2023382129
2024376199
2025390317
$4,141$920

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is CNA Financial's medical professional liability — IBNR?
CNA Financial (CNA) reported medical professional liability — IBNR of 92,000,000,000% in Q4 2025.
How has CNA Financial's medical professional liability — IBNR changed year-over-year?
CNA Financial's medical professional liability — IBNR increased by 0.4% year-over-year, from 91,600,000,000% to 92,000,000,000%.
What does medical professional liability — IBNR mean?
Incurred But Not Reported (IBNR) represents the estimated liability for claims that have occurred but have not yet been formally reported to the insurer. This is a critical actuarial estimate for long-tail lines like medical professional liability, where claims may take years to emerge. It ensures the company maintains sufficient capital to cover future claim notifications.

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