CNA

CNA Reinsurance is the reinsurance division of CNA Financial that helps manage risk through targeted retroactive and excess liability deals. The division strengthens CNA’s balance sheet via strategic reinsurance.

History of CNA Reinsurance

CNA Reinsurance began as part of CNA Financial, a major US-based commercial insurance company. It focused early on assumed treaty reinsurance and global liability cover.

Over time, the group reshaped its role through exits, transfers, and risk deals. Other key moments of CNA Reinsurance include:

• 2002: CNA sold its UK reinsurance unit to Tawa UK and exited London
• 2003: transferred treaty reinsurance renewal rights to Folksamerica Reinsurance
• 2010: moved $1.6 billion in liabilities to National Indemnity under a $4 billion cap
• 2014: sold its life and annuity unit to Wilton Re and kept the runoff
• 2019: Mark James was named chief reinsurance officer to oversee risk and reinsurance
• 2020: excess workers’ comp liabilities worth $690 million were transferred to Cavello Bay Re
• 2021: posted strong income of $368 million helped by reinsurance gains and low losses

In its most recent move, CNA Reinsurance continued to clean up old liabilities through runoff deals. These shifts allow the firm to manage risks better and keep a strong financial base.

Reinsurance products and services

CNA Reinsurance offers a range of dealer-focused programs built to grow profit and support long-term goals:

• dealer equity: helps dealers earn profit when contract sales reach a set level
• dealer owned warranty corporation (DOWC): supports dealers in forming and managing their own warranty company
• reinsurance: controlled foreign corporation (CFC): traditional dealer-owned structure with both offshore and onshore setup options
• reinsurance: non-controlled foreign corporation (NCFC): offers a Bermuda-based shared program with group ownership and shared benefits

These programs help dealers manage risk and build value through strong support and smart design. With many reinsurance awards and years of success, CNA Reinsurance keeps helping dealers win.

Culture and core values

CNA promotes a workplace where individual success supports team achievement. The company values an inclusive and engaging culture that encourages people to grow and contribute.

Workplace environment and benefits

CNA Reinsurance builds a workplace where careers and personal lives are both valued and supported. The company offers strong pay and benefits to help employees succeed:

• medical and vision: coverage includes medical, prescription drug, dental, and vision under one health plan
• financial planning: 401(k) with company contributions, HSA, and flexible spending accounts help manage money
• time off: paid time off, family leave, and options to buy extra days off
• support services: employee assistance program and well-being tools for mental and physical health
• education and family: tuition help and reimbursement for adoption or surrogacy expenses
• protection plans: life insurance, short- and long-term disability, and pet insurance
• everyday perks: perks portal, transit discounts, and healthcare help including LGBTQ+ support
• recognition: service anniversaries are honored through a workplace appreciation program

These benefits are built to support every area of life and help families plan for what’s ahead. CNA’s focus on total well-being shows in the wide care and coverage it offers.

Inclusion at CNA Reinsurance

CNA builds an environment where respect and collaboration help every person contribute their best work. It attracts people from many paths to strengthen inclusion and teamwork:

• AVID: Advocacy for Visible & Invisible Disabilities
• APEX: Asian Professionals for Excellence
• EBP: Empowering Black Professionals network
• GP: Generational Perspectives group
• ¡OHLA!: Hispanic and Latino professionals' network
• Pride: LGBTQ+ employee community
• WIL: Women Impacting Leadership initiative
• Veterans: Support for military service members

CNA supports equal opportunity and values the unique skills everyone brings to the workplace. The company follows all laws tied to hiring, inclusion, and fair employment practices.

Corporate social responsibility

CNA’s CSR works with resilient communities and helps prepare future insurance professionals. It supports STEM learning, disaster relief, and sustainability through strong nonprofit partnerships. Employees also give back through volunteer hours and donation-matching programs across the globe.

The future at CNA Reinsurance

CNA reported strong first-quarter results in 2025 with $274 million in net income. Its property and casualty segment grew between seven and nine percent in written premiums. Reinsurance remains a steady contributor as the company builds on its long-term strategy.

CNA launched Cardinal E&S to serve the excess and surplus market with specialized insurance solutions. The brand works with wholesale brokers and focuses on hard-to-place risks across key sectors. Its focus on risk-driven underwriting closely supports the goals of CNA Reinsurance operations.