The company’s Property & Casualty division reported core income of $426 million, a decrease from the prior year’s $448 million, primarily driven by softer underlying underwriting results. This decline was partially mitigated by robust net investment income, which rose to $701 million. The segment’s combined ratio reached 96.5%, up from 94.1% in the second quarter of 2025, with catastrophe losses accounting for 2.3 points of that total.
In section Releases
CNA Financial Reports $321 Million Net Income for Second Quarter 2026
Chicago-based insurer CNA Financial Corporation posted a second-quarter net income of $321 million, or $1.18 per share, marking an increase over the $299 million recorded during the same period last year, even as core income saw a slight dip to $324 million amid ongoing underwriting challenges.
CEO Douglas M. Worman emphasized the company’s focus on disciplined growth, noting that net written premiums grew by 4% while new business reached a record $718 million. Despite these gains, the firm continues to navigate headwinds in casualty lines due to social inflation. The Corporate & Other segment reported a loss of $92 million, which included a $77 million after-tax charge related to legacy mass tort development—an improvement over the $88 million charge incurred in the previous year. CNA has declared a quarterly cash dividend of $0.48 per share, payable September 3, 2026.
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