CNA FINANCIAL ANNOUNCES FIRST QUARTER 2026 NET INCOME OF $0.78 PER SHARE AND CORE INCOME OF $0.83 PER SHARE

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[{"type":"list","items":[{"val":[{"type":"text","content":"Net income of $211 million versus $274 million in the prior year quarter; core income of $225 million versus $281 million in the prior year quarter.","length":148,"tagName":"p"}]},{"val":[{"type":"text","content":"P&C core income of $248 million versus $311 million, reflects lower underlying underwriting results and unfavorable prior period development partially offset by higher net investment income.","length":194,"tagName":"p"}]},{"val":[{"type":"text","content":"Life & Group core loss of $9 million versus core income of $6 million in the prior year quarter.","length":100,"tagName":"p"}]},{"val":[{"type":"text","content":"Corporate & Other core loss of $14 million versus $36 million in the prior year quarter.","length":92,"tagName":"p"}]},{"val":[{"type":"text","content":"Net investment income of $610 million, reflects an $18 million increase from fixed income securities and other investments to $568 million and a $12 million decrease from limited partnerships and common stock to $42 million.","length":224,"tagName":"p"}]},{"val":[{"type":"text","content":"P&C combined ratio of 102.2%, compared with 98.4% in the prior year quarter, including a 3.6 point impact related to catastrophes compared with 3.8 points in the prior year quarter. The current year quarter also includes an unfavorable impact of 4.1 points from net prior period development driven by excess casualty and professional E&O lines in recent accident years, compared to 2.5 points in the prior year quarter.","length":427,"tagName":"p"}]},{"val":[{"type":"text","content":"Catastrophe impacts of $97 million pretax in both the current and prior year quarters.","length":91,"tagName":"p"}]},{"val":[{"type":"text","content":"P&C underlying combined ratio was 94.5%, compared with 92.1% in the prior year quarter. P&C underlying loss ratio was 64.1% and the expense ratio was 29.9%.","length":164,"tagName":"p"}]},{"val":[{"type":"text","content":"P&C segments generated net written premium growth of 1% in the quarter. P&C renewal premium change of +3%, with written rate of +2%.","length":140,"tagName":"p"}]},{"val":[{"type":"text","content":"Book value per share of $40.13; book value per share excluding AOCI of $45.12, a 1% increase from year-end 2025 adjusting for $2.48 of dividends per share paid.","len...

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