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CNA Financial CNA Specialty — Total claims, benefits and expenses

Discontinued — last reported Q2 '24

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CNCSpecialty Services — Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims1
$216.5M+76.4%
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RNRCasualty and Specialty — Incurred Claims and Claim Expenses, Net of Reinsurance
$26.83B+537%
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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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CNCSpecialty Services — Supplemental Information For Property Casualty Insurance Underwriters Current Year Claims And Claims Adjustment Expense
$218.25M+75.7%
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AIZSpecialty Property — Supplementary Insurance Information Benefits Claims Losses And Settlement Expense
$197.14M-27.3%
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AIZSpecialty Property — Policyholder Benefits And Claims Incurred Net
$197.14M-27.3%

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 — total claims, benefits and expenses?
CNA Financial (CNA) reported specialty — total claims, benefits and expenses of $1.17B in Q2 2024.
How has CNA Financial's specialty — total claims, benefits and expenses changed year-over-year?
CNA Financial's specialty — total claims, benefits and expenses increased by 3.4% year-over-year, from $1.13B to $1.17B.
What is the long-term trend for CNA Financial's specialty — total claims, benefits and expenses?
Over 2 years (2021 to 2023), CNA Financial's specialty — total claims, benefits and expenses has grown at a 5.7% compound annual growth rate (CAGR), from $4.1B to $4.59B.
What does specialty — total claims, benefits and expenses mean?
The total costs and claims incurred by the Specialty insurance segment.
How do you interpret specialty — total claims, benefits and expenses?
Lower values relative to revenue indicate improved underwriting efficiency and cost management.
How does specialty — total claims, benefits and expenses compare across companies?
Comparable to Total Segment Expenses or Total Benefits and Expenses reported by property and casualty insurers.