CNA Financial Corporation (CNAF) is an insurance holding company. The Company’s property and casualty insurance operations are conducted by Continental Casualty Company (CCC) and The Continental Insurance Company (CIC). CNAF’s core businesses serve a variety of customers, including small, medium and large businesses, associations, professionals, and groups with a range of insurance and risk management products and services. The Company’s core business, commercial property and casualty insurance operations, is reported in two business segments: Standard Lines and Specialty Lines. Its non-core operations are managed in two business segments: Life & Group Non-Core and Corporate & Other Non-Core. Loews Corporation (Loews) owned approximately 90% of the Company’s outstanding common stock as of December 31, 2008.