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CNA Financial CNA Surety — Year 5

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LTR
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LTR
LTRSurety — Shortduration Insurance Contracts Historical Claims Duration Year Five

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:ShortdurationInsuranceContractsHistoricalClaimsDurationYearFive.

The official record: CNA Financial’s 10-K, filed February 10, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is CNA Financial's surety — year 5?
CNA Financial (CNA) reported surety — year 5 of 6.3% in Q4 2025.
How has CNA Financial's surety — year 5 changed year-over-year?
CNA Financial's surety — year 5 increased by 61.5% year-over-year, from 3.9% to 6.3%.
What does surety — year 5 mean?
The change in estimated claim costs during the fifth year after the accident year.
How do you interpret surety — year 5?
Low volatility in development at this stage suggests that the company has successfully managed its long-term liability exposure.
How does surety — year 5 compare across companies?
Standard 'age 5' development factor in insurance loss triangle disclosures.