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CNA Financial CNA Specialty — Benefits Losses And Expenses

Discontinued — last reported Q2 '24

Similar metrics at other companies

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RNRCasualty and Specialty — Benefits, Claims, Losses and Settlement Expenses
$1.05B0.0%
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CNCSpecialty Services — Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims1
$216.5M+76.4%
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AIZSpecialty Property — Policyholder Benefits And Claims Incurred Net
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ACGLSpecialty — Incurred losses and allocated loss adjustment expenses, net of reinsurance
856,400,000,000%+686,800,000,000pp
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RNRSpecialty Reinsurance — Supplementary Insurance Information Benefits Claims Losses And Settlement Expense
$61.12M+176%
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CNCSpecialty Services — Supplemental Information For Property Casualty Insurance Underwriters Current Year Claims And Claims Adjustment Expense
$218.25M+75.7%

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 us-gaap:BenefitsLossesAndExpenses.

The official record: CNA Financial’s 10-Q, filed July 29, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is CNA Financial's specialty — benefits losses and expenses?
CNA Financial (CNA) reported specialty — benefits losses and expenses of $1.17B in Q2 2024.
How has CNA Financial's specialty — benefits losses and expenses changed year-over-year?
CNA Financial's specialty — benefits losses and expenses increased by 3.4% year-over-year, from $1.13B to $1.17B.
What does specialty — benefits losses and expenses mean?
The total cost of running the specialty insurance business, including claims and expenses.
How do you interpret specialty — benefits losses and expenses?
An increase relative to revenue indicates a narrowing underwriting margin and potential pressure on segment profitability.
How does specialty — benefits losses and expenses compare across companies?
Equivalent to total operating expenses and losses in standard insurance segment reporting.