CNA Finance Chief to Resign

April 30, 2004

Chicago-based commercial lines insurer CNA announced that its chief financial officer, Robert V. Deutsch, will step down once a replacement is found. CNA reported a first-quarter loss of $125 million thanks to the sale of its life insurance benefits unit.

Deutsch joined the carrier, the fourth-largest commercial lines insurer in the country, in 1999 and is reported to be retiring for family reasons. His family lives in Hartford, Conn.

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Latest Comments

  • May 4, 2004 at 6:09 am
    Long Term says:
    CNA has been a long term and innovative insurer and has weathered many storms including the late 1970's hard market when they were purchased by Loews. It is a good thing they ... read more
  • April 30, 2004 at 5:39 am
    LG says:
    If you truly are looking to restructure and rebuild, you spread your outsourcing to as many as possible to show others you haven't forgotten the little guy. Give some consider... read more
  • April 30, 2004 at 4:12 am
    MORE NERVOUS says:
    DITTO, CNA SEEMS TO BE IN FULL RETREAT REGARDING IT'S PROGRAMS.
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