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CNA Reinforces Its Commercial Real Estate Appetite with New Coverage and Service Enhancements
Last Spring, CNA announced commercial real estate and property owners as a part of its targeted Middle Market focus class initiative. Today, the global insurer reinforces commercial real estate as a core industry appetite with the announcement of new coverage and service enhancements, further positioning CNA as a premier carrier for these businesses.
"We’ve seen strong new business growth with this business since we launched it earlier this year, and we view these coverage enhancements as an opportunity to use our industry-specific expertise to better serve the commercial real estate industry,” states Naveen Anand, senior vice president of Commercial Insurance, CNA. "The breadth and depth of our appetite enable us to provide one-stop insurance solutions for commercial real estate in just about every size segment and risk."
CNA has the expertise, broad coverages and ability to offer customized insurance solutions to address commercial real estate business needs – from the design to ground-breaking to grand opening. In addition, CNA can handle related exposures to risk for the single shop owner, multi-building or multi-national developer. For more information on CNA’s commercial real estate appetite or related products and services, contact your agent or local CNA Branch; or visit www.cna.com/realestate.
CNA is the country’s seventh largest commercial insurance writer and the 13th largest property and casualty company. CNA’s insurance products include standard commercial lines, specialty lines, surety, marine and other property and casualty coverages. CNA's services include risk management, information services, underwriting, risk control and claims administration. Please remember that only the relevant insurance policy can provide the actual terms, coverages, amounts, conditions and exclusions for an insured. All products may not be available in all states. CNA is a service mark registered with the United States Patent and Trademark Office.
FORWARD-LOOKING STATEMENT
This press release may include statements which relate to anticipated future events (forward-looking statements) rather than actual present conditions or historical events. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and generally include words such as "believes”, "expects”, "intends”, "anticipates”, "estimates”, and similar expressions. Forward-looking statements, by their nature, are subject to a variety of inherent risks and uncertainties that could cause actual results to differ materially from the results projected. Many of these risks and uncertainties cannot be controlled by CNA. For a detailed description of these risks and uncertainties please refer to CNA’s filings with the Securities and Exchange Commission, available at www.cna.com.
Any forward-looking statements made in this press release are made by CNA as of the date of this press release. Further, CNA does not have any obligation to update or revise any forward-looking statement contained in this press release, even if CNA’s expectations or any related events, conditions or circumstances change.
Any descriptions of coverage under CNA policies or programs in this press release are provided for convenience only and are not to be relied upon with respect to questions of coverage, exclusions or limitations. With regard to all such matters, the terms and provisions of relevant insurance policies are primary and controlling. In addition, please note that all coverages may not be available in all states.
| 13.12.2005 | Update CNA Financial Corp. (CNAF): Neutral | Credit Suisse First Boston | |
| 16.11.2005 | Update CNA Financial Corp. (CNAF): Equal-weight | Morgan Stanley | |
| 17.02.2005 | Update CNA Financial Corp. (CNAF): Overweight | Morgan Stanley | |
| 03.01.2005 | Update CNA Financial Corp. (CNAF): Market Perform | Bernstein |
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