Company type | Public |
---|---|
NYSE: CNA Russell 1000 Component | |
Industry | Insurance |
Founded | 1897 Detroit, Michigan, U.S. 1967 (parent company) | (as Continental Assurance Company of North America)
Headquarters | 151 North Franklin Chicago, Illinois, U.S. |
Key people | Dino Robusto (chairman and CEO) |
Revenue | US$ 9.366 billion (2016)[1] |
US$ 1.137 billion (2016)[1] | |
US$ 859 million (2016)[1] | |
Total assets | US$ 55.233 billion (2016)[1] |
Total equity | US$ 11.969 billion (2016)[1] |
Owner | Loews Corporation (90%) |
Number of employees | 6,700 (2016)[1] |
Website | www |
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.