All the headlines from our CNA Insurance Topic Page, ordered by recency.
Nov 3 2021 // Continued rate hikes helped boost CNA Financial’s 2021 third quarter net income, even as the Chicago-based commercial and specialty property/casualty insurer dealt with higher net catastrophe losses and lower net...
Aug 19 2021 // CNA appointed Dieter Korte senior vice president, Middle Market. In this role, Korte will be responsible for profitability, growth, and strategic direction of Chicago-based CNA’s middle market business unit.Korte...
Aug 18 2021 // Swiss Re announced changes in the leadership of its Reinsurance Business Unit. Effective Jan. 1, 2022, Jason Richards will become country president and CEO UK & Ireland. He will be succeeded by Julie Stephenson as...
Aug 2 2021 // CNA Financial Corp. (CNA) announced second quarter 2021 net income of $368 million versus $151 million in the prior year quarter.The quarter saw improvement in the underlying combined ratio, very strong investment results...
May 21 2021 // CNA Financial Corp., among the largest insurance companies in the U.S., paid $40 million in late March to regain control of its network after a ransomware attack, according to people with knowledge of the attack.The...
Apr 20 2021 // Insurance broker Marsh announced that Steven Capace and Bryan Salek have joined the firm to co-lead its U.S. Government Contracting Practice.In this dual leadership role, Capace and Salek will head a team responsible for...
Apr 6 2021 // CNA Insurance said it continues to make progress in restoring its operations following a March 21 cyber attack.Today it announced that cna.com, including CNA Central and cnasurety.com, are back online. This means that...
Apr 5 2021 // CNA Insurance expects its corporate email and other functions to be fully operational soon as it continues its recovery efforts following a March 21 cyber attack. In an April 1 security update, the company said it is now...
Mar 29 2021 // CNA Financial Corp.’s financial ratings have not been affected by the insurer’s recent cyber attack.AM Best, S&P Global Ratings and Fitch Ratings all affirmed their current ratings and outlooks for CNA and...
Mar 24 2021 // Commercial lines insurer CNA reported that it has sustained a “sophisticated cybersecurity attack” that caused a network disruption and impacted certain CNA systems, including corporate email.Upon learning of...
Mar 5 2021 // CNA announced that CNA CyberPrep, a proactive cyber risk services program, has been launched in Canada.Already available to CNA’s customers in the United States, CNA CyberPrep helps cyber policyholders with threat...
Feb 9 2021 // CNA Financial Corp. benefited significantly from rate hikes and premium growth in Q4, reporting more than $387 million in net income versus $273 million the year before.Net income per share during the quarter reached $1.42...
Feb 5 2021 // W. R. Berkley Corp. announced the appointment of David Brosnan as chief executive officer of W. R. Berkley Syndicate Management Ltd., the Lloyd’s managing agent for W. R. Berkley Syndicate 1967.He succeeds Alastair...
Jan 4 2021 // Commercial lines insurer CNA Financial Corp. and Enstar on Dec. 30, 2020 said they had reached an agreement to have a subsidiary of Enstar reinsure a legacy portfolio of excess workers’ compensation policies,...
Dec 1 2020 // Houston-based Skyward Specialty Insurance Group Inc. (Skyward Specialty) has added Rick Childs as senior vice president, Construction, to lead its growing construction business.Childs brings 25 years of commercial...
Nov 3 2020 // CNA Financial Corp. doubled its 2020 Q3 net income, thanks in part to higher investment returns and rate hikes in the P/C insurance division that increased more than 12 percent on average. Net catastrophe losses soared,...
Sep 28 2020 // Liability claims that involve nurses cost an average of $210,513 if a large indemnity payment is made, but even claims that are dropped, defeated or dismissed end up costing more than $20,000, according to a report...
Aug 6 2020 // CNA Financial Corp. saw its 2020 second quarter net income sliced almost by half compared to the previous year due to “considerable catastrophe losses” from COVID-19, civil unrest and weather-related events.The...
Aug 4 2020 // CNA Financial Corp. on Monday reported second-quarter profit of $151 million. On a per-share basis, the Chicago-based company said it had net income of 55 cents. Earnings, adjusted for investment gains, were 36 cents per...
May 10 2020 // Nursing homes are right in the middle of the deadly coronavirus pandemic hitting the U.S, with more than 28%, or nearly 20,000, of the nation’s COVID-19 deaths happening in these long term care facilities, according...