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Stock impact report

CNA Financial Corporation (CNA) Q4 2025 Earnings Call Prepared Remarks Transcript [Seeking Alpha]

CNA Financial Corporation (CNA) 
Last cna financial corporation earnings: 2/10 06:00 am Check Earnings Report
US:NYSE Investor Relations: investor.cna.com
Company Research Source: Seeking Alpha
Company Participants Douglas Worman - President, CEO & Chairman Scott Lindquist - Executive VP & CFO Presentation Douglas Worman President, CEO & Chairman [ The transcript was presubmitted by CNA Financial Corporation. No live call was conducted for the fourth quarter earnings call. ] In the fourth quarter, we produced excellent results, achieving another quarter of underlying underwriting gain above $200 million and higher levels of investment income. Net written premium was up 2%, retention improved by three points from last quarter, and renewal premium change was 4%, consistent with last quarter. For the full year, we achieved record levels of core and net income. Our underlying combined ratio was below 92% for the fifth consecutive year and our underlying underwriting gain was $855 million, which is the best on record. Core income was $317 million in the fourth quarter with P&C core income of $449 million. Net investment income increased to $653 million, with cont Show less Read more
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