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CNA
Financial Corporation is a financial corporation based in Chicago, Illinois,
United States, and noted for its 600-foot (180 m) tall red headquarters
building, CNA Center. Its principal subsidiary, Continental Casualty Company
(CCC) was founded in 1897. CNA (the parent company) was incorporated in 1967. The
primary business focus of CNA is to provide commercial property and casualty
insurance to businesses and professionals. CNA markets its products and
services primarily through independent agents and brokers.
CNA
itself is 89% owned by a holding company, Loews Corporation. This holding
company also has interests in offshore oil and gas drilling rigs, natural gas
transmission pipelines, oil and gas exploration, and in hotel operations.
Type Public
Traded
as
NYSE:
CNA
Industry Insurance
Founded 1967 (parent company),
1897
(principal operating company)
Headquarters CNA Center
Chicago,
Illinois, U.S.
Key
people Thomas F. Motamed,
Chairman and CEO
Revenue $9,862 million
Net
income
$851
million (2007)
Employees roughly 7,000
Website http://www.cna.com
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