What does CNA mean in insurance?

It acquired National Fire Insurance Company of Hartford in 1956, and the American Casualty Company in 1963. The first letters of each of the original companies were merged to form the acronym CNA. It was then referred to as the Continental National American Group, now it simply goes by CNA.

CNA Overview

Who bought CNA Insurance?

Chicago-based CNA Financial Corp. said Thursday that it is selling its individual life insurance business to Swiss Re Life & Health America Inc. for $690 million.

Is CNA Insurance a corporation?

CNA Financial Corporation is a financial corporation based in Chicago, Illinois, United States. Its principal subsidiary, Continental Casualty Company (CCC), was founded in 1897.

Is Continental Casualty Company the same as CNA?

CNA Financial Corporation is a financial corporation based in Chicago, Illinois, United States. Its principal subsidiary, Continental Casualty Company (CCC), was founded in 1897. CNA, the current parent company, was incorporated in 1967.

What company did CNA Financial purchase in the 1990’s?

In May 1995, CNA completed what was believed to be the largest property-casualty insurance merger in the United States in 20 years: the acquisition of the troubled Continental Corporation for $1.1 billion.

See also  Mazda Miata Insurance

How much money do CNA’s make?|Showing my real paystubs

What companies make up the name CNA?

It acquired National Fire Insurance Company of Hartford in 1956, and the American Casualty Company in 1963. The first letters of each of the original companies were merged to form the acronym CNA. It was then referred to as the Continental National American Group, now it simply goes by CNA.

Is Continental Casualty company the same as CNA?

CNA Financial Corporation is a financial corporation based in Chicago, Illinois, United States. Its principal subsidiary, Continental Casualty Company (CCC), was founded in 1897. CNA, the current parent company, was incorporated in 1967.

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *