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CNA Appoints Al Miralles Senior Vice President, Treasury and Investment Management

08/08/2011

CHICAGO--(BUSINESS WIRE)-- CNA Financial Corporation (NYSE: CNA) announced that, effective August 22, Al Miralles will join as senior vice president of Treasury & Investment Management. In this critical role, Miralles will lead and provide overall strategic direction for Investment Accounting, Internal and External Investment Reporting, Asset Management, and Treasury. In addition, he will also serve on the Investment Committee which sets strategic direction and provides critical oversight for the global insurer’s investment portfolio.

Miralles brings to CNA more than two decades of experience in the insurance and financial services industry. He most recently served as chief financial officer, Nationwide Investments at Nationwide Mutual Insurance Company where he had financial oversight for a $60 billion investment portfolio, as well as management of a team with responsibility for Finance, Operations, and Strategy for Nationwide’s primary fixed income portfolio. In addition, he served as a member of the Investment Leadership Team, Investment Risk Committee, Enterprise Finance Council, Pricing/Valuation Committee, and Investment Advisor Committee. He has also held leadership roles at Bankers Trust, Wachovia, Enron and Countrywide Financial.

Serving businesses and professionals since 1897, 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. For more information, please visit CNA at www.cna.com. CNA is a registered trademark of CNA Financial Corporation.

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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 U.S. 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 U.S. 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.

Source: CNA Financial Corporation

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CNA Financial Corporation

Media Contact:

Katrina Parker, 312-822-5167

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