CNA Financial Corporation filed its Form 10-Q with the Securities and Exchange Commission on November 2, 2026, covering the quarterly period ended September 30, 2026, and reporting results for both the three and nine months ended on that date.
Key Highlights
- Net income: $196 million for the three months ended September 30, 2026, compared with $403 million in the same period of 2025, according to the filing.
- Total revenues: $3,821 million for the third quarter of 2026, versus $3,817 million in the third quarter of 2025, as reported in the condensed consolidated statements of operations.
- Insurance claims and policyholders' benefits: $2,347 million for the three months ended September 30, 2026, compared with $2,032 million in the prior-year quarter, including a re-measurement loss of $222 million in the current quarter.
- Basic earnings per share: $0.72 for the third quarter of 2026, versus $1.49 in the third quarter of 2025, per the filing.
- Total assets: $67,902 million as of September 30, 2026, down from $69,443 million as of December 31, 2025.
- Accumulated other comprehensive loss: $(2,249) million as of September 30, 2026, compared with $(1,098) million as of December 31, 2025, driven in part by net unrealized losses on investments of $(1,844) million in the third quarter alone.
- Shares outstanding: 270,607,183 as of September 30, 2026, per the balance sheet, and 270,614,393 as of October 29, 2026, per the cover page.
CNA Financial Reports Third-Quarter 2026 Results Across Insurance and Warranty Segments
According to the 10-Q filed with the SEC on NYSE:CNA for the quarterly period ended September 30, 2026, CNA Financial Corporation reported total revenues of $3,821 million for the third quarter of 2026, compared with $3,817 million for the same period of 2025. Net earned premiums rose to $2,831 million from $2,783 million year over year, while net investment income was $635 million, down slightly from $638 million. The company also reported non-insurance warranty revenue of $357 million in the third quarter of 2026, compared with $393 million in the prior-year quarter.
The filing disclosed that insurance claims and policyholders' benefits for the third quarter of 2026 were $2,347 million, up from $2,032 million in the prior-year quarter. The filing noted a re-measurement loss of $222 million included in that line for the three months ended September 30, 2026, compared with $36 million for the same quarter of 2025. Total claims, benefits and expenses were $3,584 million for the three-month period, versus $3,304 million a year earlier, resulting in income before income tax of $237 million, compared with $513 million in the third quarter of 2025.
For the nine months ended September 30, 2026, the filing reported net income of $728 million and total revenues of $11,327 million, compared with net income of $976 million and total revenues of $11,161 million for the nine months ended September 30, 2025. The condensed consolidated balance sheet showed total stockholders' equity of $10,229 million as of September 30, 2026, down from $11,621 million as of December 31, 2025. The company reported operating cash flows of $1,696 million for the nine months ended September 30, 2026, compared with $1,920 million for the same period of 2025. Dividends paid to common stockholders were $943 million for the nine-month period ended September 30, 2026, versus $922 million in the prior-year period.
What Was Disclosed
CNA Financial Corporation disclosed its condensed consolidated financial statements for the three and nine months ended September 30, 2026, covering revenues, claims, net income, assets, liabilities, stockholders' equity, and cash flows, with comparative figures for the corresponding 2025 periods.



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