CNA Announces Exit from Assumed Reinsurance Business and Sale of Assumed Reinsurance Renewal Rights To Folksamerica.
Business Wire › October 03, 2003
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CNA Announces Exit from Assumed Reinsurance Business and Sale of Assumed Reinsurance Renewal Rights To Folksamerica.
Business Editors
CHICAGO--(BUSINESS WIRE)--Oct. 3, 2003 Today, CNA Financial Corporation (NYSE: CNA) announced that it agreed to sell the renewal rights for most of the treaty business of CNA Re, its assumed reinsurance business unit, to Folksamerica Reinsurance Company (Folksamerica). Concurrently with the sale, CNA will be withdrawing from the assumed re...See the full content of this document
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