Continental Assurance Company (CAC) News

CNA Selling Continental Life, Group Business to Wilton Re

CNA Financial Corp. said it is selling its life and group insurance business, Continental Assurance Co., to a subsidiary of Wilton Re Holdings Ltd. CNA said it expected net proceeds of about $615 million from the sale and a portion of …

Best Affirms CNA Financial and Subs’ Ratings; Outlook Stable

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of the property/casualty subsidiaries of CNA Financial Corporation (CNAF), also known as CNA Insurance Companies (CNA). Best also affirmed the …