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In a recent video interview with The Insurer from Reuters, CNA’s Mike Nardiello, President of Global Property & Casualty, discussed CNA’s disciplined approach to the property insurance market.
Despite softening market conditions, CNA is resisting pressure to reduce rates, emphasizing a long-term strategy focused on continued investment in underwriting talent and advanced analytics.
“We continue to invest in our underwriters and analytics while staying committed to our strategy. We’re building for the long haul,” said Nardiello.
The interview also explored the evolution and expansion of Cardinal E&S, CNA’s excess and surplus (E&S) business, which was established to strengthen the company’s presence in the wholesale insurance market.
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