StocksMedium•3 November 2026•
1 min read
CNA Financial Q3 Earnings Drop 50% on Catastrophe Losses
Key Facts
1CNA Financial's Q3 earnings fell 50% due to reserve updates and catastrophe losses impacting underwriting.
CNA Financial's Q3 earnings fell 50% due to reserve updates and catastrophe losses impacting underwriting results. Zacks reported that the decline was driven by higher Long-Term Care (LTC) reserves and substantial catastrophe losses, which offset growth in premiums and international performance.
CNA closed at $47.92 on November 2, 2026, ahead of the earnings report that confirmed a significant drop in net income. During the November 2, 2026 session, the stock saw a trading range between a high of $48.44 and a low of $45.19.