CNA Financial Corporation Upgraded to A+ by AM Best, Reflecting Financial Strength
- Rating Upgrade: AM Best upgraded CNA Financial Corporation's Financial Strength Rating from A (Excellent) to A+ (Superior), reflecting its robust balance sheet and consistent profitability, which is expected to enhance investor confidence and market competitiveness.
- Credit Rating Changes: The Long-Term Issuer Credit Rating for CNA was upgraded from “a+” to “aa-”, with the outlook revised from positive to stable, indicating the company's strong performance in financial support and risk management.
- Market Position Strengthened: CNA's leading position in the commercial and specialty insurance sectors has been recognized, particularly its excellent performance in commercial casualty underwriting and investment metrics, which is anticipated to further drive market share growth.
- Financial Support Background: The ratings benefit from the backing of its parent company, Loews Corporation, demonstrating financial stability under a diversified shareholder structure, which helps mitigate potential market volatility.
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- Potential for Tariff Refunds: Should the Supreme Court rule that Trump's International Emergency Economic Powers Act (IEEPA) tariffs are illegal, U.S. companies could receive billions in tariff refunds and insurance payouts, significantly improving their cash flow and financial health.
- Surge in Customs Bonds: As tariffs have risen from 10% to over 25%, importers are now facing customs bond amounts ranging from the regulatory minimum of $50,000 to $450 million, with some clients experiencing increases of up to 550%, putting pressure on their liquidity positions.
- Increased Insurer Profits: Insurers are benefiting from higher premium collections due to the rising customs bond amounts, with the number of insufficiency notices issued to importers quadrupling since 2017, highlighting the volatility and complexity of the current market environment.
- Future Uncertainty: If the Supreme Court rules the IEEPA tariffs illegal, while this may pose revenue challenges for insurers, the potential for freer trade and reduced uncertainty could yield positive economic outcomes, although the refund process may take time.
- Earnings Release Schedule: CNA Financial Corporation plans to report its fourth quarter 2025 results before the market opens on February 9, 2026, providing a news release, financial supplement, and earnings presentation to ensure timely access to key information for investors.
- Management Commentary: The earnings release will include remarks from Chairman and CEO Douglas M. Worman and CFO Scott R. Lindquist, aimed at providing shareholders and analysts with in-depth performance analysis and outlook.
- Investor Engagement: CNA invites shareholders and analysts to submit questions in advance, with management potentially addressing some of these inquiries in the earnings remarks, enhancing transparency and investor relations.
- Company Background: CNA is one of the largest U.S. commercial property and casualty insurance companies, backed by over 125 years of experience, offering a wide range of insurance products and services across the U.S., Canada, and Europe.

- Rating Upgrade: AM Best upgraded CNA Financial Corporation's Financial Strength Rating from A (Excellent) to A+ (Superior), reflecting its robust balance sheet and consistent profitability, which is expected to enhance investor confidence and market competitiveness.
- Credit Rating Changes: The Long-Term Issuer Credit Rating for CNA was upgraded from “a+” to “aa-”, with the outlook revised from positive to stable, indicating the company's strong performance in financial support and risk management.
- Market Position Strengthened: CNA's leading position in the commercial and specialty insurance sectors has been recognized, particularly its excellent performance in commercial casualty underwriting and investment metrics, which is anticipated to further drive market share growth.
- Financial Support Background: The ratings benefit from the backing of its parent company, Loews Corporation, demonstrating financial stability under a diversified shareholder structure, which helps mitigate potential market volatility.

AM Best Rating Upgrade: AM Best has upgraded the Financial Strength Rating (FSR) of CNA Insurance Companies and Western Surety Group to A+ (Superior) from A (Excellent), with Long-Term Issuer Credit Ratings also improved, reflecting strong balance sheet strength and operating performance.
CNA Financial Corporation's Performance: CNA's ratings are supported by its strong capitalization, consistent profitability, and effective enterprise risk management, although challenges remain from its discontinued long-term care business and exposure to catastrophe losses.
Western Surety Group's Strengths: WSG's ratings highlight its strongest balance sheet strength and favorable loss reserve position, despite facing competitive pressures in the surety market due to its narrow product focus.
Long-Term Issue Credit Ratings: CNA Financial Corporation's Long-Term Issue Credit Ratings have been upgraded, with a stable outlook, indicating improved creditworthiness for its senior unsecured notes and other securities.

Utility Stocks and AI Boom: Utility stocks have gained popularity due to the artificial intelligence boom, attracting investor interest.
Undervalued Companies: Despite the popularity, there are still undervalued companies in the market that analysts believe could benefit from AI advancements.
Morgan Stanley's Focus: Analysts from Morgan Stanley are specifically looking at European companies as potential winners in the AI sector.
Investment Opportunities: The search for undervalued stocks indicates ongoing investment opportunities in the intersection of utilities and AI technology.
Earnings Estimates Improvement: CNA Financial has seen a positive trend in earnings estimates, with analysts showing growing optimism, which is expected to positively impact its stock price.
Zacks Rank and Performance: The company holds a Zacks Rank #2 (Buy), indicating strong potential for outperformance, as stocks with higher Zacks ranks have historically yielded significant returns.
Recent Estimate Revisions: Over the past month, the consensus earnings estimate for CNA Financial has increased by 11.11% for the current quarter and 6% for the full year, reflecting a favorable outlook.
Investment Opportunity: With a recent 6.5% stock price increase and further upside potential, investors are encouraged to consider adding CNA Financial to their portfolios.








