CNA Financial Q3 net income falls to $196 million, or $0.72 per share, from $403 million
CNA Financial reported third quarter 2026 net income of $196 million, or $0.72 per share, down from $403 million, or $1.48 per share, a year earlier. Core income fell to $203 million, or $0.75 per share, from $409 million, or $1.50 per share, driven by a $137 million after-tax charge from annual long-term care reserve updates and higher catastrophe losses in property and casualty.
Key points
- Net income $196 million ($0.72 per diluted share) vs. $403 million ($1.48) in Q3 2025; core income $203 million ($0.75) vs. $409 million ($1.50)
- Life & Group core loss of $171 million vs. $22 million a year earlier, including a $137 million after-tax unfavorable impact from long-term care reserve assumption updates
- P&C combined ratio of 97.0% vs. 92.8%, including 2.8 points of catastrophe impact; catastrophe losses of $78 million vs. $41 million
- Board declared a quarterly cash dividend of $0.48 per share, payable December 3, 2026 to holders of record on November 16, 2026
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 02, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.