CNA FINANCIAL CORP (CNA) Form 10-Q — Nov 2, 2026
CNA Financial's Q3 2026 net income fell to $196 million ($0.72 per diluted share) from $403 million ($1.49) a year earlier, with core income down $206 million to $203 million. The decline was driven primarily by the annual Life & Group long-term care reserve review, which produced a $173 million pretax increase in future policy benefits reserves due to unfavorable cost-of-care inflation and morbidity assumptions, plus higher catastrophe losses of $78 million and modestly weaker underwriting in Specialty (combined ratio 96.8% vs 93.3%).
Key figures
- Eps
- 0.72
- Revenue
- 3821000000
- Net Income
- 196000000
- Total Assets
- 67902000000
- Cash Position
- 360000000
- Shares Outstanding
- 270614393
- Eps prior year q3
- 1.49
- Core income q3 2025
- 409000000
- Core income q3 2026
- 203000000
- Catastrophe losses q3
- 78000000
- Dividend per share q3
- 0.48
- Nine month net income
- 728000000
- Net earned premiums q3
- 2831000000
- Nine month diluted eps
- 2.67
- Loews ownership percent
- 92
- Net income prior year q3
- 403000000
- Net investment income q3
- 635000000
- Specialty combined ratio q3
- 96.8%
- Specialty combined ratio q3 prior
- 93.3%
- Ltc assumption update pretax increase
- 173000000
- Unfavorable prior year development q3
- 1000000
AI analysis
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