CNA Financial

CNA Financial Corporation
Company typePublic
NYSECNA
Russell 1000 Component
IndustryInsurance
Founded1897; 127 years ago (1897) (as Continental Assurance Company of North America)
Detroit, Michigan, U.S.
1967 (1967) (parent company)
Headquarters151 North Franklin
Chicago, Illinois, U.S.
Key people
Dino Robusto (chairman and CEO)
RevenueIncrease US$ 9.366 billion (2016)[1]
Increase US$ 1.137 billion (2016)[1]
Increase US$ 859 million (2016)[1]
Total assetsIncrease US$ 55.233 billion (2016)[1]
Total equityIncrease US$ 11.969 billion (2016)[1]
OwnerLoews Corporation (90%)
Number of employees
6,700 (2016)[1]
Websitewww.cna.com

CNA Financial Corporation is a financial corporation based in Chicago, Illinois, United States. Its principal subsidiary, Continental Casualty Company (CCC), was founded in 1897, and The Continental Insurance Company (CIC) was organized in 1853.[2] CNA, the current parent company, was incorporated in 1967.

CNA is the seventh largest commercial insurer in the United States as of 2018.[3] CNA provides property and casualty insurance products and services for businesses and professionals in the U.S., Canada, Europe and Asia.

CNA itself is 90% owned by a holding company, Loews Corporation.[4] This holding company also has interests in offshore oil and gas drilling rigs, natural gas transmission pipelines, oil and gas exploration, hotel operations and package manufacturing.

  1. ^ a b c d e f "CNA Financial Corporation (CNA) Income Statement". Yahoo! Finance. Retrieved June 16, 2022.
  2. ^ "CNA Financial, Form 10-K, Annual Report" (PDF). U.S. Securities and Exchange Commission. February 22, 2011. Retrieved March 27, 2013.
  3. ^ "Rankings: Top 10 Writers Of Commercial Lines Insurance By Direct Premiums Written, 2021". Insurance Information Institute. Retrieved June 16, 2022.
  4. ^ "CNA Financial, Form 10-K, Annual Report" (PDF). U.S. Securities and Exchange Commission. February 21, 2013. Retrieved March 27, 2013.