CNA Insurance News

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People Moves: MGA Nexus Taps Willett From Barents Re as Head of Development; PoloWorks Appoints CNA Hardy’s Borrel as Chief Risk Officer

Apr 22 2024 // This edition of International People Moves details appointments at Nexus Group and PoloWorks.A summary of these new hires follows here. MGA Nexus Taps Willett From Barents Re as Head of DevelopmentNexus Group, the...

Weekly Q4 2023 Earnings Wrap: CNA, Cincinnati Financial, American Financial

Feb 9 2024 // Fourth quarter net income at CNA Financial Corp. was up about 54% to $367 million, and net income for the year increased 77% to a record $1.2 billion.CNA said its property/casualty segments recorded net premium growth...

FTX Founder Bankman-Fried Drops Excess D&O Coverage Spat With CNA Unit

Nov 9 2023 // Several days after he was found guilty of one of the biggest financial frauds on record, FTX founder Sam Bankman-Fried dropped an insurance coverage lawsuit against excess insurance company Continental Casualty Co.Shortly...

People Moves: Aspen Taps SiriusPoint’s Mardon as Global Head of Property Catastrophe; CNA Hardy Appoints Marsh’s Berman as Head of Specialty

Nov 3 2023 // This edition of International People Moves details appointments at Aspen Insurance Holdings and CNA Hardy.A summary of these new hires follows here. Aspen Taps SiriusPoint’s Mardon as Global Head of Property...

CNA Returns to Black in Q3 With Net Income of $258 Million

Oct 30 2023 // CNA Financial reversed a third quarter loss of $42 million in 2022 with net income of $258 million this year on higher investment income, positive underwriting income and lower catastrophe losses.The Chicago-based insurer...

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