CNA(US:CNA)2026-02-10 13:11Business Segments - The company operates in three business segments: Specialty, Commercial, and International, collectively referred to as Property & Casualty Operations[14]. - The company’s insurance products include commercial property and casualty coverages, marketed through independent agents and brokers to a diverse customer base[12]. - The company has underwriting operations in the U.S., Canada, the U.K., and Continental Europe, with centralized processing for policy management and claims[13]. Regulatory Environment - Regulatory oversight is comprehensive, with agencies reviewing filings, conducting examinations, and regulating capital adequacy and premium rates[15]. - The company is subject to various regulatory requirements from jurisdictions including the State of Illinois, U.K. PRA, and Bermuda Monetary Authority[16]. - Domestic insurers must provide coverage to certain involuntary risks, with the company's share determined by its voluntary market presence[17]. - The company is subject to state guaranty fund assessments to support insolvent insurer estates and other insurance-related funding needs[18]. - The evolving regulatory environment includes aspects related to corporate governance, public disclosures, and risk management practices[24]. - The regulatory environment is evolving, impacting corporate governance, public disclosures, risk management, and practices related to climate change and cybersecurity[24]. - The International Association of Insurance Supervisors (IAIS) has adopted a Common Framework for the supervision of Internationally Active Insurance Groups, which includes elements for group-wide supervision[22]. - The Group Capital Calculation (GCC) has been adopted by the NAIC to quantify risk across insurance groups, with ongoing refinements expected by December 31, 2025[23]. - The company is transitioning its U.K. operations to a tailored version of Solvency II, known as Solvency UK, developed by the PRA[21]. - The company is subject to capital adequacy and risk management regulations under Solvency II for its European Union operations[21]. Employee Development and Culture - As of December 31, 2025, the company had approximately 6,600 employees, focusing on creating a culture of inclusion and talent retention[25]. - The company emphasizes talent development through mentorship, apprenticeship programs, and technical training to enhance employee skills[27]. - The company has implemented trainee and internship programs to attract talent and promote employee development, offering a wide range of learning opportunities[27]. - The annual talent and succession planning process includes a review of key talent retention and promotion, as well as succession plans[28]. - The company offers comprehensive compensation and benefits packages, including a 401k plan, healthcare benefits, and wellness programs[30]. - The company engages with employees regularly to gather feedback on performance and professional development through pulse surveys[28].