CNA Financial Corporation reported strong second quarter results, driven by robust investment income and excellent underwriting gains. The company achieved an underwriting gain of $150 million, marking a 21% increase from the previous year. Gross written premiums, excluding captives, grew by 5% while maintaining underwriting discipline. CNA launched Cardinal ECS, a new brand dedicated to the excess and surplus market, emphasizing specialized solutions through partnerships with wholesale brokers. New business rose significantly by 43%, bolstering their portfolio, which has seen twenty consecutive quarters of underwriting profitability. Core income reached $335 million, up by $9 million from the prior year.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CNA Financial Corporation published the original content used to generate this news brief on August 04, 2025, and is solely responsible for the information contained therein.