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CNA Financial CNA Surety — Incurred claims and allocated claim adjustment expense, net

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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:ShortdurationInsuranceContractsIncurredClaimsAndAllocatedClaimAdjustmentExpenseNet.

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 surety — incurred claims and allocated claim adjustment expense, net?
CNA Financial (CNA) reported surety — incurred claims and allocated claim adjustment expense, net of 98,400,000,000% in Q4 2025.
How has CNA Financial's surety — incurred claims and allocated claim adjustment expense, net changed year-over-year?
CNA Financial's surety — incurred claims and allocated claim adjustment expense, net increased by 475.4% year-over-year, from 17,100,000,000% to 98,400,000,000%.
What does surety — incurred claims and allocated claim adjustment expense, net mean?
The net amount of claims and related expenses incurred by the surety segment, accounting for reinsurance recoveries. It measures the core underwriting cost of the surety business before administrative overhead.

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