Reinsurance News

CNA Financial extends CEO contract

12th August 2020 - Author: Katie Baker

Chicago based insurer, CNA Financial Corporation has announced an updated employment agreement with its Chairman & Chief Executive Officer, Dino Robusto.

Robusto has been in his current position since December 2016 and CNA has agreed to extend his contract agreement until 2024.

Under Robusto’s leadership, CNA has developed an enduring underwriting culture which has been characterised by deep industry and product line specialisation in each business unit.

Together with its leadership team, the firm has been able to attract, develop and retain talent across all disciplines within the organization.

During Robusto’s time within the company, their underlying P&C combined ratio performance has improved each year.

Additionally, the firm explains that it has also become a solution provider to broker and agent partners across a broad commercial spectrum evidenced by growth accelerating each year.

Robusto commented on his contract extension: “I am extremely proud of the significant progress our entire team has made across our U.S. and International offices, and I am grateful for the opportunity to lead this talented organization to higher levels of success.”

The Q2 results for CNA can be found here.

Print Friendly, PDF & Email

Recent Reinsurance News

Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.

  • Only email is mandatory, but the more you tell us about yourself the better we can serve you in future!
  • This field is for validation purposes and should be left unchanged.

By submitting the form you are giving your consent to be emailed by us.

Read previous post:
RGA reduces COVID-19 mortality claims estimate by $200mn

Life reinsurer Reinsurance Group of America, Incorporated (RGA) has decreased its estimate of extra pre-tax mortality claim costs for the...