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CMP and BOP reached their highest levels in over a decade. -
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The 2025 State of the Market report also touched on E&S and MGA growth.
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The decision reflects CNA’s “consistently positive” operating performance.
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Commercial property and workers' comp were down, while GL was flat.
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The group posted a 15.1% gain for October and 27.4% for September.
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Umbrella recorded the highest premium increase, at 8.6%.
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The all-items index is up 2.6% for the last 12 months.
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Earnings call commentary shows pockets of casualty reserve strengthening for AY 2020-2023.
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Rates fell across all premium lines, especially for property and GL.
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Excess casualty rates were up 10% and have been double-digit all year, the executive said.
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The average for October was roughly half of that for September.
