Cna Financial Corp (CNA) Q3 2026 Earnings Call

Concluded Nov 2, 2026

Nov 2, 2026

Revenue $3.82B +0.1% YoY

Diluted EPS $0.72 -51.4% YoY

Net income $196.00M -51.4% YoY

Executive readout · one minute

What the filings say

8-K earnings release · filed Nov 2, 2026: CNA Financial Corporation reported third quarter 2026 core income of $203 million and a $0.48 per share dividend. The P&C combined ratio was 97.0%; Life & Group posted a $171 million loss, including $137 million from reserve assumption updates.
10-Q report · filed Nov 2, 2026: CNA's core income fell $273 million for the nine months ended September 30, 2026, driven by weaker Property & Casualty underwriting, adverse reserve development and higher catastrophe losses, plus a $173 million Life & Group reserve increase.

The audio replay and transcript follow the call.

Forward guidance

5 guided metrics

Management's latest ranges and targets are included below.

Research coverage

3 live sources

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Presentation 26 slides 8-K earnings release Filed Nov 2, 2026 10-Q report Filed Nov 2, 2026

From the 8-K filed Nov 2, 2026.

Metric	Period	Guided	Basis
Existing policies over the next 10 years	over the next 10 years	40%	—
Expense ratio Maintained 2026	2026	30%	—
Income from fixed income and other investments Initiated fourth quarter	fourth quarter	$600M	—
Income from fixed income and other investments full year	full year	at least $2.3B	—
Policy counts over the next decade	over the next decade	40%	—