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CNA posts $61mn Q1 net loss

4th May 2020

US commercial property and casualty insurer CNA has announced a first quarter 2020 net loss of $61 million, driven by market volatility created by COVID-19. CNA also revealed net investment losses of $169 million and a decrease in net investment income to $279 million, reflecting stable earnings from fixed income and ... Read the full article

CNA adds Al Miralles as EVP, CFO

28th February 2020

US commercial property and casualty insurer CNA has appointed Al Miralles as executive vice president and Chief Financial Officer. Miralles succeeds James Anderson, who announced his resignation from the company to pursue other opportunities. "I want to thank James for his contributions to CNA and his efforts in helping to build shareholder ... Read the full article

CNA chief actuary Haefner to retire, Chubb veteran Hopper to succeed

20th February 2020

Larry Haefner, the executive vice president and chief actuary at US commercial property and casualty insurer CNA, is set to retire at the end of 2020, with Robert Hopper to succeed him in the role. Haefner's decision to retire brings to a close a notable 40-year insurance career. "I want to thank ... Read the full article

CNA hires QBE’s Franzetti as EVP of Worldwide Claim

13th February 2020

US commercial property and casualty (P&C) insurer CNA has announced the appointment of Daniel Franzetti as Executive Vice President (EVP) of Worldwide Claim, effective April 6, 2020. He joins CNA from QBE North America, where he most recently served as Chief Operating Officer and Chief Claims Officer. In his new role, Franzetti ... Read the full article

CNA Financial earnings slump in third quarter

28th October 2019

CNA Financial has released its results for the third quarter of 2019, reporting a 68% slump in net income due to weak earnings across multiple lines. The company recorded net income of $107 million in Q3 2019, compared with $336 million for the same period last year. Looking at the first nine ... Read the full article

CNA names James Chief Risk & Reinsurance Officer, Miralles to lead Warranty

17th October 2019

U.S. commercial property and casualty (P&C) insurer, CNA, has announced a couple of management changes in Enterprise Risk Management (ERM) and Warranty, including the appointment of Mark James as Chief Risk and Reinsurance Officer. In his new role, James assumed leadership of the firm's ERM function and maintains leadership for the ... Read the full article

Munich Re’s HSB partners with CNA on IoT Technology solutions

6th June 2019

The Hartford Steam Boiler Inspection and Insurance Company (HSB), which is part of reinsurance giant Munich Re, has collaborated with U.S. commercial property and casualty (P&C) insurer CNA on IoT Technology solutions. Under the new partnership, HSB's IoT Technology solutions will be offered to CNA's small and mid-size commercial policyholders in ... Read the full article

CNA to utilise CyberCube’s risk modelling and analytics platform

7th November 2018

Cyber risk analytics firm CyberCube has announced that CNA, one of the largest U.S commercial property and casualty (P&C) insurance companies, has signed an agreement to use its cyber insurance risk modelling and analytics platform. CyberCube’s platform combines single risk underwriting and aggregation modelling to help insurers measure the financial impact ... Read the full article

Mark James joins CNA from AIG as SVP, Global Reinsurance

12th April 2018

U.S. domiciled commercial insurer CNA has announced the appointment of Mark James as Senior Vice President (SVP), Global Reinsurance, reporting to Doug Worman, Executive Vice President (EVP) and Chief Underwriting Officer (CUO), CNA. James brings more than 15 years of reinsurance industry experience to the role, and will be responsible for the ... Read the full article

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