UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) January 21, 2010
CNA FINANCIAL CORPORATION
(Exact name of registrant as specified in its charter)
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| Delaware
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1-5823
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36-6169860 |
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| (State or other jurisdiction
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(Commission
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(IRS Employer |
| of incorporation)
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File Number)
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Identification No.) |
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| 333 S. Wabash, Chicago, Illinois
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60604 |
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| (Address of principal executive offices)
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(Zip Code) |
Registrant’s telephone number, including area code (312) 822-5000
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions (see General
Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION
As a result of the realignment of management responsibilities, CNA Financial Corporation and its
controlled subsidiaries (the Company) has revised its property and casualty segments in the fourth
quarter of 2009. There was no change in the Company’s Life & Group Non-Core and Corporate & Other
Non-Core segments.
On January 21, 2010, the Company posted a financial supplement on its website providing information
on its revised property and casualty segments for each of the quarters in and for the nine month
period ended September 30, 2009, the three month period ended December 31, 2008, and the years
ended December 31, 2008 and December 31, 2007 as if the current segment changes occurred as of the
beginning of the earliest period presented. The financial supplement is furnished as Exhibit 99.1
to this Form 8-K.
The changes to the Company’s segments are as follows:
The Company’s core property and casualty commercial insurance operations are reported in two
business segments: CNA Specialty and CNA Commercial. CNA Specialty provides a broad array of
professional, financial and specialty property and casualty products and services, primarily
through insurance brokers and managing general underwriters. CNA Commercial includes property and
casualty coverages sold to small businesses and middle market entities and organizations primarily
through an independent agency distribution system. CNA Commercial also includes commercial
insurance and risk management products sold to large corporations primarily through insurance
brokers. Previously, the Company’s international operations were treated as a separate business
unit within CNA Specialty. The products sold through the Company’s international operations are
now reflected within CNA Specialty and CNA Commercial in a manner that aligns with the products
within each segment. Additionally, our excess and surplus lines, which were previously included in
CNA Specialty, are now included in CNA Commercial, as part of CNA Select Risk.
The information under Item 2.02 and in Exhibit 99.1 in this Current Report is being furnished and
shall not be deemed “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934,
as amended, or otherwise subject to the liabilities of that Section. The information under Item
2.02 and in Exhibit 99.1 in this Current Report shall not be incorporated by reference into any
registration statement or other document pursuant to the Securities Act of 1933, as amended.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits:
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| Exhibit No. |
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Description |
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99.1
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CNA Financial Corporation financial supplement, posted on
its website January 21, 2010, providing supplemental
financial information for each of the quarters in and for
the nine month period ended September 30, 2009, the three
month period ended December 31, 2008, and the years ended
December 31, 2008 and December 31, 2007. |