{
  "url": "https://struct.news/briefs/cnas-profit-grew-faster-than-revenue-its-claims-did-not-get-the-memo",
  "title": "CNA’s profit grew faster than revenue. Its claims did not get the memo.",
  "summary": "CNA’s six-month unfavorable reserve development rose to $44 million from $10 million, even as net income climbed 7.4%.",
  "published_at": "2026-08-03T10:22:15.399041+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": "CNA Financial Corporation",
    "ticker": "CNA",
    "cik": "21175",
    "sector": "Financial Services",
    "industry": "Insurance - Property & Casualty"
  },
  "source_filing": {
    "form": "10-Q",
    "filed": "2026-08-03",
    "accession": "0000021175-26-000045",
    "url": "https://www.sec.gov/Archives/edgar/data/21175/000002117526000045/cna-20260630.htm"
  },
  "comparison_filing": {
    "form": "10-Q",
    "filed": "2025-08-04",
    "url": "https://www.sec.gov/Archives/edgar/data/21175/000002117525000074/cna-20250630.htm"
  },
  "reported_figures": [
    {
      "group": "CNA’s latest operating snapshot",
      "label": "Revenue",
      "value": 1577000000,
      "display": "$1.6B",
      "unit": "usd",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "sec_filing",
        "label": "Filed company results",
        "form": "10-Q",
        "accession": "0000021175-26-000045",
        "filing_date": "2026-08-03"
      }
    },
    {
      "group": "CNA’s latest operating snapshot",
      "label": "Revenue YoY",
      "value": -1.9888129272840227,
      "display": "-2.0%",
      "unit": "percent",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0000021175-26-000045",
        "filing_date": "2026-08-03"
      }
    },
    {
      "group": "CNA’s latest operating snapshot",
      "label": "Net margin",
      "value": 81.03994927076728,
      "display": "+81.0%",
      "unit": "percent",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0000021175-26-000045",
        "filing_date": "2026-08-03"
      }
    },
    {
      "group": "CNA’s latest operating snapshot",
      "label": "P/E",
      "value": 11.188009389671361,
      "display": "11.2x",
      "unit": "multiple",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0000021175-26-000045",
        "filing_date": "2026-08-03"
      }
    }
  ],
  "watch_next": [],
  "related_tickers": [
    "CNA"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}