CNA Financial SEC Filings

CNA Financial Corporation filed a Form 13F holdings report, listing 12 positions with a Form 13F Information Table value total of $169,764,925.

The report identifies 3 other included managers: Loews Corporation, The Continental Corporation, and Continental Casualty Company. The filing states assets are described as having shared investment discretion among these entities, with each disclaiming ownership except for securities it beneficially owns. As of 9/30/2025, Loews owned approximately 92% of CNA; CNA owned 100% of The Continental Corporation; and The Continental Corporation owned 100% of Continental Casualty Company.

The report was signed by Amy Smith, Senior Vice President and Chief Accounting Officer, in Chicago, IL on 11-14-2025.

CNA Financial (CNA) Executive Chairman and Director Dino E. Robusto reported an open-market sale of 6,250 shares of common stock at $45.28 on November 3, 2025.

The transaction was made under a Rule 10b5-1(c) trading plan adopted on November 15, 2024. After the sale, Robusto beneficially owned 674,338.061 shares, held directly.

CNA Financial (CNA)8,385 shares of common stock. Table II shows no derivative securities listed. The filing indicates it was submitted by one reporting person.

CNA Financial (CNA) — Form 144 notice of proposed sale. Dino Robusto filed to sell up to 6,250 shares of CNA common stock with an aggregate market value of $283,000. The filing lists Fidelity Brokerage Services as broker and the NYSE as the exchange, with an approximate sale date of 11/03/2025.

The shares were acquired through vesting of PSP on 03/15/2023, in the amount of 6,250. The notice also lists recent sales for the account holder over the past three months: 6,250 shares on 08/04/2025 for $281,250; 6,250 shares on 09/02/2025 for $306,250; and 6,250 shares on 10/01/2025 for $289,062.50. Shares outstanding were 270,665,399. A Form 144 is a notice under Rule 144 and outlines a planned sale by an affiliate.

CNA Financial reported stronger Q3 2025 results as underwriting and investment performance improved. Total revenues were $3,817 million versus $3,618 million a year ago. Net earned premiums rose to $2,783 million, and net investment income was $638 million, while net investment losses were $7 million. Net income increased to $403 million, with diluted EPS of $1.48 compared with $1.04.

Catastrophe losses, net of reinsurance, were $41 million versus $143 million a year ago. Total comprehensive income was $778 million, down from $993 million, reflecting lower other comprehensive income. On the balance sheet, total investments reached $50.5 billion and stockholders’ equity rose to $11,322 million, with accumulated other comprehensive loss improving to $(1,211) million from $(1,991) million.

Year to date, operating cash flow was $1,920 million. The company paid $923 million in dividends and repurchased 700,000 shares for $34 million. Net prior year reserve development was $190 million unfavorable for the nine months, including $134 million in Corporate & Other largely tied to legacy mass tort abuse claim activity.

CNA Financial announced board leadership changes. Dino E. Robusto’s tenure as Executive Chairman and director will end on December 31, 2025, in accordance with his Employment Agreement dated June 5, 2024. The company appointed Douglas M. Worman, its President and Chief Executive, as Chairman of the Board, effective January 1, 2026.

The Board of Directors also approved a reduction in its size to ten, effective January 1, 2026. These updates centralize the CEO and Chairman roles with Mr. Worman and set the board’s composition for the new year.

Dino E. Robusto, Executive Chairman and Director of CNA Financial Corp (CNA), reported a sale of 6,250 shares of CNA common stock on 10/01/2025 at a price of $46.25 per share. The filing states the sale was executed under a trading plan adopted on 11/15/2024 to satisfy the affirmative defense of Rule 10b5-1(c). After the reported transaction, the amount of common stock beneficially owned is listed as 680,588.061 shares, held directly. The Form 4 was signed by Stathy Darcy by power of attorney for Dino E. Robusto.

CNA Financial Corp Form 144 notice: The filing reports proposed sale of 6,250 shares of common stock through Fidelity Brokerage Services, with an aggregate market value of $289,062.50 and an approximate sale date of 10/01/2025 on the NYSE. The issuer has 270,665,399 shares outstanding.

The securities were acquired by vesting of a performance share plan on 03/15/2023 (6,250 shares). The filer, Dino Robusto c/o CNA Financial Corp, also reported three prior sales in the past three months: 6,250 shares on 07/01/2025 for $290,000.00, 6,250 on 08/04/2025 for $281,250.00, and 6,250 on 09/02/2025 for $306,250.00.