Highest-materiality recent filing
CNA Q2 net income $321M ($1.18/sh) up 7%; core income $324M down 3% YoY
Net income $321M ($1.18 diluted EPS) vs $299M ($1.10) prior year; core income $324M ($1.19) vs $335M ($1.23).
CNA Q1 net income down 23% to $0.78/share; core income $0.83; P&C combined ratio 102.2%
Net income $211M ($0.78 EPS) vs $274M ($1.00) Q1 2025; core income $225M ($0.83) vs $281M ($1.03).
CNA Financial 2026 annual meeting approves all proposals; 94% say-on-pay support
All 10 director nominees re-elected; each received >253M votes for, <9M withheld.
CNA Q4 core income $1.16/shr; special dividend $2.00; full-year core income record $1,342M
Q4 net income $302M ($1.11/shr) vs $21M in prior-year quarter; core income $317M ($1.16/shr).
CNA Q3 2025 core income record $409M; P&C combined ratio 92.8%
Core income $409M ($1.50/sh) vs $293M ($1.08/sh) prior year; net income $403M ($1.48/sh).
CNA Financial: CEO Douglas Worman to become Chairman; Robusto exits Dec 31, 2025
Dino E. Robusto's tenure as Executive Chairman ends December 31, 2025 per employment agreement.
CNA closes $500M offering of 5.200% notes due 2035
Closed $500M aggregate principal offering of 5.200% notes maturing in 2035.
CNA Financial issues $500M 5.200% notes due 2035
$500M aggregate principal amount of 5.200% notes due 2035.
CNA Q2 2025 core income $1.23/share, up 3% YoY; P&C combined ratio 94.1%
Net income $299M ($1.10/share) vs $317M ($1.17/share) in Q2 2024; core income $335M ($1.23/share) up from $326M ($1.19/share).
CNA EVP & General Counsel Stone to depart; separation deal $2.25M
EVP and General Counsel Susan A. Stone to separate from CNA no later than July 31, 2025.
CNA Q1 net income $1.00 EPS vs $1.24 YoY; P&C combined ratio 98.4%, up 3.8 pts
Net income $274M ($1.00 diluted EPS) vs $338M ($1.24); core income $281M ($1.03) vs $355M ($1.30).
CNA Financial annual meeting: all director nominees and proposals pass with >95% approval
Re-elected 11 director nominees; average 'for' votes ~96%, highest dissent was James S. Tisch with ~96%.
CNA Q4 core income $342M, record FY core $1,316M; dividend +5% to $0.46, special $2.00
Q4 net income $21M ($0.07/diluted) incl $290M pension settlement loss; core income $342M ($1.25/diluted).
CNA Q3 net income $1.04/share, core income $1.08; record YTD core income $974M
Net income $283M ($1.04/sh) vs $258M; core income $293M ($1.08/sh) vs $289M; YTD core income record $974M.
CNA Financial appoints Douglas Worman to board; adopts amended bylaws
Board of Directors increased to 11; appoints Douglas M. Worman effective January 1, 2025.
CNA Financial estimates Q3 2024 pre-tax catastrophe losses of $143M; Q4 Milton $25-55M
Q3 2024 pretax net catastrophe losses of $143M, including $55M from Hurricane Helene.
CNA transfers $1.045B pension obligations to MetLife; expects $370M non-cash charge in Q4
Entered commitment agreement with Metropolitan Life Insurance Co. on Oct 3, 2024 to buy group annuity contract transferring ~$1,045M of pension obligations.
CNA evaluating pension risk transfer for ~$1B obligations; expects Q4 charge of $300-400M
Plan may transfer ~$800M-$1B (50-60% of total obligations) to insurer covering 6,000-8,000 participants.
CNA Q2 net income up 12% to $317M; record core income of $681M in H1 2024
Net income $317M ($1.17/sh), up 12% YoY; core income $326M ($1.19/sh), up 6%.
Doug Worman becomes President and CEO effective Jan 1, 2025; currently EVP & Global Head of Underwriting.
CNA Q1 net income $338M ($1.24/sh) up 14%; core income record $355M
Net income $338M ($1.24/sh) vs $297M ($1.09/sh); core income $355M ($1.30/sh) up 9%.
All 10 director nominees elected; highest votes withheld: Andrew H. Tisch (11.9M withheld).
CNA Financial issues $500M of 5.125% notes due 2034
Issued $500M aggregate principal of 5.125% notes due 2034.
CNA Q4 net income $1.35/share; record core income $1.33/share; dividend raised 5%
Q4 net income $367M ($1.35/diluted share) vs $239M ($0.87) a year ago; core income record $362M ($1.33).
CNA Financial amends credit agreement to $250M five-year revolver
New $250 million senior unsecured revolving credit facility matures in five years, replacing prior facility.
CNA Q3 net income $258M ($0.95/sh) vs net loss $42M last year; core income $289M ($1.06/sh)
Core income up 56% to $291M excluding Life & Group annual reserve reviews; P&C core income +35% to $351M.
CNA Financial issues additional $100M of 5.500% notes due 2033
Entered underwriting agreement with BofA Securities and Wells Fargo to sell $100M of 5.500% notes due 2033.
CNA Q2 net income up 49% to $1.04/sh; core income $1.13/sh, up 34% YoY
Net income $283M ($1.04 per diluted share) vs $190M ($0.69) in Q2 2022; core income $308M ($1.13) vs $230M ($0.84).
CNA discloses separation agreement with former COO Haase; $1.8M payout
Gerald S. Haase, EVP and COO, separated effective September 5, 2023.
CNA Financial EVP and COO Gerald Haase to leave in Q3 2023
Gerald S. Haase, EVP and Chief Operations Officer, separating from CNA Financial due to organizational changes.
CNA Financial Corporation issues $400M of 5.500% notes due 2033
Underwriting agreement with BofA Securities, J.P. Morgan, and Wells Fargo for $400M aggregate principal of 5.500% notes due 2033.
CNA Q1 net income $297M, core income +9% to $325M; P&C underwriting record $197M
Net income $297M ($1.09 EPS) vs $295M ($1.08); core income $325M ($1.19) up 9%.
CNA Financial annual meeting elects all 10 director nominees; say-on-pay passes with 98% support
All 10 director nominees elected; Michael A. Bless received highest votes (262.5M for).
Q4 net income $248M ($0.91/sh) vs $266M ($0.98/sh) in prior year; core income $274M ($1.01/sh) vs $265M.
CNA Q3 2022 net income $0.47/share; core income $0.78; P&C combined ratio improves to 95.8%
Net income $128M ($0.47/diluted share) vs $256M ($0.94) in prior year quarter; core income $213M ($0.78) vs $237M ($0.87).
CNA Q2 net income $205M ($0.75/sh) vs $368M; core income $245M; P&C combined ratio 91.0%
Net income of $205M ($0.75 per share) versus $368M ($1.35) in prior-year Q2; core income $245M ($0.90) versus $341M ($1.25).
CNA Q1 core income up 20% to $316M; P&C combined ratio lowest in five years at 91.9%
Core income $316M ($1.16/diluted share) vs $263M ($0.96) prior year, driven by lower catastrophe losses and improved underwriting.
CNA shareholders elect all 10 director nominees; say-on-pay passes with >96% support
All 10 director nominees elected with votes for ranging from ~257.8M to ~263.1M shares.
CNA Financial discloses $1.2M separation agreement with retiring COO Kevin Leidwinger
Kevin Leidwinger's retirement as President & COO of Commercial Lines effective April 30, 2022; separation agreement dated April 4, 2022.
CNA Financial: President & COO of Specialty Lines Kevin Smith to Depart June 1, 2022
Kevin Smith, President & COO of Specialty Lines, notified CNA of separation effective June 1, 2022.
CNA Q4 net income $0.98/share; full-year core income record $4.06; special dividend $2.00
Q4 net income $266M ($0.98); core income $265M ($0.97); full-year net income $1,202M ($4.41), record core $1,106M ($4.06).
CNA Financial announces retirement of President & COO Kevin Leidwinger effective April 30, 2022
Kevin Leidwinger, President & COO of Commercial Lines, will retire effective April 30, 2022.
CNA Financial details new CFO Scott Lindquist comp: $700k salary, 150% bonus, 200% LTI
Scott Lindquist appointed EVP and CFO effective Feb 14, 2022; base salary $700,000.
CNA appoints Scott Lindquist as EVP & CFO, Amy Smith as CAO
Scott Lindquist named EVP & CFO, effective after 2021 Form 10-K filing; joins Jan 10, 2022.
Net income $256M ($0.94 diluted) vs $213M ($0.79) YoY; core income $237M ($0.87) vs $193M ($0.71).
CNA Financial discloses compensation for interim CFO Larry Haefner: $650K base, 150% bonus
Interim CFO Larry Haefner to receive annual base salary of $650,000, effective September 3, 2021.
CNA EVP and CFO Al Miralles resigns; Larry Haefner named interim CFO
Al Miralles announced resignation effective September 2021 to leave insurance for tech sector.
CNA Financial Q2 2021 net income $1.35/share; record core income $1.25/share
Net income $368M ($1.35/diluted) vs $151M ($0.55) YoY; core income $341M ($1.25) vs $99M ($0.36).
appointed Douglas M. Worman to serve on its Board of Directors and as a member of its Finance and Executive Committees, both such actions effective January 1, 2025.
Mr. Robusto was appointed Executive Chairman of the Board of Directors of the Registrant effective January 1, 2025.
Douglas M. Worman, Executive Vice President and Global Head of Underwriting of the Registrant, was appointed President and Chief Executive Officer of the Registrant, effective January 1, 2025.
In connection with the separation of Gerald S. Haase, Executive Vice President and Chief Operations Officer of the Registrant, from the Registrant, effective September 5, 2023
The Registrant announces that, in connection with certain organizational changes, Gerald S. Haase, Executive Vice President and Chief Operations Officer of the Registrant, is separating from the Registrant with an expected effective date in the third quarter of 2023.
In connection with the retirement of Kevin Leidwinger, President & Chief Operating Officer of the Commercial Lines of the Registrant, effective April 30, 2022, Mr. Leidwinger and the Registrant entered into a General Release and Separation Agreement
On March 10, 2022, Kevin Smith, President & Chief Operating Officer of the Specialty Lines of the Registrant, notified the Registrant of his intention to separate from the Registrant, effective June 1, 2022.
The Registrant announces that Kevin Leidwinger, President & Chief Operating Officer of the Commercial Lines of the Registrant, has notified the Registrant of his intention to retire, effective April 30, 2022.
In connection with the appointment of Scott Lindquist as Executive Vice President and Chief Financial Officer of the Registrant, effective February 14, 2022,
Larry Haefner, currently Interim Chief Financial Officer, will resign in connection with the assumption by Scott Lindquist of the role of Chief Financial Officer of the Company, effective February 14, 2022.
appointment of Scott Lindquist, 58, as its Executive Vice President and Chief Financial Officer, effective February 14, 2022.
appointment of Amy M. Smith, 43, as its Chief Accounting Officer, effective immediately.
Max materiality 0.80 · Median 0.65 · Most common event earnings