Douglas M. Worman
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.
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 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 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 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 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 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%.
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 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 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 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%.
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 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.
Net income $256M ($0.94 diluted) vs $213M ($0.79) YoY; core income $237M ($0.87) vs $193M ($0.71).
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