-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, BEgGIFdXW/ShXRkVr7PNkpbfQMQkcFl+iQ4KsILpgB5IkSaqtVKgcwzzOARpRhZR U3v6SpEz776WM1qG5wnDKA== 0000950137-03-006048.txt : 20031118 0000950137-03-006048.hdr.sgml : 20031118 20031118170254 ACCESSION NUMBER: 0000950137-03-006048 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20031118 ITEM INFORMATION: ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20031118 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CNA FINANCIAL CORP CENTRAL INDEX KEY: 0000021175 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 366169860 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-05823 FILM NUMBER: 031011010 BUSINESS ADDRESS: STREET 1: CNA PLZ STREET 2: 235 CITY: CHICAGO STATE: IL ZIP: 60685 BUSINESS PHONE: 3128225000 MAIL ADDRESS: STREET 1: CNA PLAZA STREET 2: 235 CITY: CHICAGO STATE: IL ZIP: 60685 8-K 1 c81093e8vk.txt CURRENT REPORT ================================================================================ 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) November 18, 2003 ------------------------------------- CNA FINANCIAL CORPORATION (Exact name of registrant as specified in its charter) DELAWARE 1-5823 36-6169860 (State or Other Jurisdiction (Commission (IRS Employer of Incorporation) File Number) Identification No.) CNA PLAZA, CHICAGO, ILLINOIS 60685 (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code (312) 822-5000 Not Applicable (Former Name or Former Address, if Changed Since Last Report) ================================================================================ Page 1 of 3 Item 7. Financial Statements and Exhibits (c) Exhibits: Exhibit No. Description - ----------- ----------- 99.1 CNA Financial Corporation summary of net reserve development issued November 17, 2003, providing information on third quarter 2003 results of operations Item 12. Results of Operations and Financial Condition The information 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 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. On November 17, 2003 CNA Financial Corporation provided a summary of the impact of net reserve development on its results of operations for the third quarter 2003. The summary of net reserve development is furnished as Exhibit 99.1 to this Form 8-K. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CNA FINANCIAL CORPORATION Dated: November 18, 2003 /s/ Robert V. Deutsch -------------------------------- By: Robert V. Deutsch Its: Executive Vice President and Chief Financial Officer Page 2 of 3 EX-99.1 3 c81093exv99w1.txt SUMMARY OF NET RESERVE DEVELOPMENT . . . EXHIBIT 99.1 CNA FINANCIAL CORPORATION PROPERTY AND CASUALTY BUSINESS SUMMARY OF 3RD QUARTER 2003 LOSS, ALAE AND DIVIDEND DEVELOPMENT BY SEGMENT AND LINE OF BUSINESS
ACCIDENT YEAR 2002 2001 2000 1999 1998 ------ ------ ------ ------ ------ BY SEGMENT STANDARD LINES 158 46 (200) (144) (267) SPECIALTY LINES (9) (80) (55) (18) (5) CNA RE 42 (44) (42) (22) (11) CORPORATE - - - 8 (16) TOTAL 191 (78) (297) (176) (299) BY LINE OF BUSINESS COMMERCIAL AUTOMOBILE LIABILITY 20 37 (17) (14) (12) WORKERS COMPENSATION 48 58 (147) 7 (117) COMMERCIAL MULTIPLE-PERIL 66 (19) (32) (85) (90) MEDICAL MALPRACTICE (6) (35) (18) 2 (5) SPECIAL LIABILITY 19 (1) (13) (6) (3) OTHER LIABILITY (32) (107) (9) (49) (33) SPECIAL PROPERTY 52 40 (18) (14) (15) FIDELITY SURETY (23) (15) 19 9 15 REINSURANCE A, B AND C 52 (23) (31) (4) (8) PRODUCTS LIABILITY (11) (15) (36) (33) (19) OTHER 6 2 5 11 (14) TOTAL 191 (78) (297) (176) (301) ACCIDENT YEAR 1997 1996 1995 1994 1993&P TOTAL ------ ------ ------ ------ ------ ----- BY SEGMENT STANDARD LINES (6) (303) (114) (93) (221) (1,144) SPECIALTY LINES (21) (12) (17) (1) (8) (226) CNA RE (21) (13) (11) (2) (12) (136) CORPORATE (30) 2 (4) - (806) (846) TOTAL (78) (326) (146) (96) (1,047) (2,352) BY LINE OF BUSINESS COMMERCIAL AUTOMOBILE LIABILITY 12 (8) (5) (2) (17) (6) WORKERS COMPENSATION 64 (200) (32) (28) (91) (438) COMMERCIAL MULTIPLE-PERIL (70) (58) (50) (36) - (374) MEDICAL MALPRACTICE (24) (5) (6) (1) (3) (101) SPECIAL LIABILITY - (1) (1) (1) 10 3 OTHER LIABILITY (2) (32) (29) (17) (750) (1,060) SPECIAL PROPERTY - - - - 3 48 FIDELITY SURETY - (1) (1) 3 (3) 3 REINSURANCE A, B AND C (20) (8) (4) (2) (103) (151) PRODUCTS LIABILITY (6) (12) (19) (12) (80) (243) OTHER (31) 1 - - (13) (33) TOTAL (77) (324) (147) (96) (1,047) (2,352)
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