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CNA Financial CNA Specialty — Insurance related administrative expenses

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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 cna:OtherInsuranceRelatedExpenses.

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
Three months ended March 31, 2026 / (In millions)SpecialtyCommercialInternationalLife &GroupCorporate& OtherEliminationsTotal
Policyholders’ dividends4812
Amortization of deferred acquisition costs19720673476
Non-insurance warranty expense356356
Insurance related administrative expenses891714329332
Interest expense3333
Other segment items (1)12112115(3)38
Total claims, benefits and expenses1,2441,47232234431(3)3,410
Income tax (expense) benefit on core income (loss)(26)(27)(18)83(60)

Item 1. Condensed Consolidated Financial Statements

FAQ

What is CNA Financial's specialty — insurance related administrative expenses?
CNA Financial (CNA) reported specialty — insurance related administrative expenses of $89M in Q1 2026.
How has CNA Financial's specialty — insurance related administrative expenses changed year-over-year?
CNA Financial's specialty — insurance related administrative expenses increased by 1.1% year-over-year, from $88M to $89M.
What is the long-term trend for CNA Financial's specialty — insurance related administrative expenses?
Over 4 years (2021 to 2025), CNA Financial's specialty — insurance related administrative expenses has grown at a 6.4% compound annual growth rate (CAGR), from $296M to $380M.
What does specialty — insurance related administrative expenses mean?
The overhead and operational costs required to manage the Specialty segment's insurance operations, excluding direct claims and acquisition costs. This includes personnel, technology, and general administrative support.

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