Global Finance News
09 Feb 2026, 16:39
CNA Financial Corporation reported strong results for the fourth quarter and full year of 2025, alongside higher shareholder distributions.
CNA posted fourth-quarter net income of $302 million, or $1.11 per share, compared with $21 million a year earlier, which had been weighed down by a large after-tax pension settlement loss. Core income for the quarter was $317 million, or $1.16 per share. Property & Casualty core income totaled $449 million, supported by higher net investment income, while net written premiums rose 2% and the combined ratio stood at 93.8%. Life & Group and Corporate & Other segments both reported core losses.
For full-year 2025, CNA achieved record net income of $1.28 billion, or $4.69 per share, and record core income of $1.34 billion, or $4.93 per share. Property & Casualty core income increased to $1.66 billion, driven by improved underwriting and higher investment income, with net written premiums up 5% and a combined ratio of 94.7%. Net investment income reached $2.56 billion for the year.
CNA ended 2025 with book value per share of $42.93, or $46.99 excluding AOCI, representing about a 10% increase after dividends. The company raised its regular quarterly dividend by 4% to $0.48 per share and declared a special dividend of $2.00 per share, both payable on March 12, 2026.
CNA posted fourth-quarter net income of $302 million, or $1.11 per share, compared with $21 million a year earlier, which had been weighed down by a large after-tax pension settlement loss. Core income for the quarter was $317 million, or $1.16 per share. Property & Casualty core income totaled $449 million, supported by higher net investment income, while net written premiums rose 2% and the combined ratio stood at 93.8%. Life & Group and Corporate & Other segments both reported core losses.
For full-year 2025, CNA achieved record net income of $1.28 billion, or $4.69 per share, and record core income of $1.34 billion, or $4.93 per share. Property & Casualty core income increased to $1.66 billion, driven by improved underwriting and higher investment income, with net written premiums up 5% and a combined ratio of 94.7%. Net investment income reached $2.56 billion for the year.
CNA ended 2025 with book value per share of $42.93, or $46.99 excluding AOCI, representing about a 10% increase after dividends. The company raised its regular quarterly dividend by 4% to $0.48 per share and declared a special dividend of $2.00 per share, both payable on March 12, 2026.
