CNA FINANCIAL CORP
For the period ended Dec 31, 2023. Filed Feb 6, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 6, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Valuation and Qualifying Accounts
SCHEDULE V. VALUATION AND QUALIFYING ACCOUNTS
| (In millions) | Balance at Beginning of Period | Charged to Costs and Expenses | Charged to Other Accounts | Deductions | Balance at End of Period |
|---|---|---|---|---|---|
| Allowance for uncollectible: | |||||
| Mortgage loan receivables | $24 | $— | $11 | $— | $35 |
| Insurance and reinsurance receivables | $51 | $11 | $— | $(12) | $50 |
| Allowance for credit losses: | |||||
| Fixed maturity securities | $1 | $— | $44 | $(29) | $16 |
| Allowance for uncollectible: | |||||
| Mortgage loan receivables | $16 | $— | $8 | $— | $24 |
| Insurance and reinsurance receivables | $50 | $8 | $— | $(7) | $51 |
| Allowance for credit losses: | |||||
| Fixed maturity securities | $18 | $— | $4 | $(21) | $1 |
| Allowance for uncollectible: | |||||
| Mortgage loan receivables | $26 | $— | $(10) | $— | $16 |
| Insurance and reinsurance receivables | $54 | $4 | $— | $(8) | $50 |
| Allowance for credit losses: | |||||
| Fixed maturity securities | $40 | $— | $30 | $(52) | $18 |
Effects of foreign currency translation, changes in the estimate of the allowance for uncollectible mortgage loan receivables, increases in the estimate of the allowance for credit losses on fixed maturity securities and allowances established with respect to assets purchased with credit deterioration are presented within the Charged to Other Accounts column in the table above. Write-offs of uncollectible amounts and reductions to the allowance for credit losses due to securities sold during the period or the reversal for securities that had an allowance recorded in a previous period are presented within the Deductions column in the table above.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.