----

|                                 |
|---------------------------------|
|                                 |  |  |
| MEDIA:                          |   | ANALYSTS: |
| Jennifer Martinez, 312/822-5167 |   | James Anderson, 312/822-7757 |
| Sarah Pang, 312/822-6394        |   | Derek Smith, 312/822-6612 |
|                            |   | David Adams, 312/822-2183 |

|         |                                          |
|---------|------------------------------------------|
| • | NET OPERATING INCOME OF $269 MILLION |

|         |                                          |
|---------|------------------------------------------|
| • | P&C NET WRITTEN PREMIUM GROWTH OF 2% |

|         |                                                                            |
|---------|----------------------------------------------------------------------------|
| • | BOOK VALUE PER SHARE EX AOCI OF $44.64, AN INCREASE OF 5% FOR THE YEAR |

|         |                     |
|---------|---------------------|
| • | OPERATING ROE OF 9% |

|         |                                       |
|---------|---------------------------------------|
| • | QUARTERLY DIVIDEND OF $0.20 PER SHARE |

|                                        |
|----------------------------------------|
|                                        |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                   | Results for the Three Months Ended September 30 (a) |   |   | Results for the Nine Months Ended September 30 (a) |   |
| ($ millions, except per share data)    | 2013 |   |   | 2012 |   |   | 2013 |   | 2012 |   |
| Net operating income                   | $ | 269 |  |   |   | $ | 216 |  |   |   | $ | 704 |  |   |   | $ | 594 |  |   |
| Net income                             | 272 |  |   |   | 221 |  |   |   | 716 |  |   |   | 637 |  |   |
|                                   |   |   |   |   |   |   |   |   |   |   |   |
| Net operating income per diluted share | $ | 1.00 |  |   |   | $ | 0.80 |  |   |   | $ | 2.61 |  |   |   | $ | 2.20 |  |   |
| Net income per diluted share           | 1.01 |  |   |   | 0.82 |  |   |   | 2.65 |  |   |   | 2.36 |  |   |
|                                   |   |   |   |   |   |   |   |   |   |   |   |
|                                   |   |   |   |   |   |   |   |   |   |   |   |
|                                   | September 30, 2013 |   |   | December 31, 2012 |   |   | Change |   |   |   |   |
|                                   |   |   |   |   |   |   |   |   |
| Book value per share                   | $ | 45.06 |  |   |   | $ | 45.71 |  |   |   | (1 | ) | % |   |   |   |
| Book value per share excluding AOCI    | 44.64 |  |   |   | 42.62 |  |   |   | 5 |  | % |   |   |   |
|                                   |   |   |   |   |   |   |   |   |   |   |   |

|     |                                                                                                                                                                                                                                                                                           |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (a) | Management utilizes the net operating income financial measure to monitor the Company's operations.  Please refer to Note O in the Consolidated Financial Statements within CNA's Annual Report on Form 10-K for the year ended December 31, 2012 for further discussion of this measure. |

----

|                                                       |
|-------------------------------------------------------|
|                                                       |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                  | Results for the Three Months Ended September 30 |   | Results for the Nine Months Ended September 30 |
| ($ millions)                                          | 2013 |   | 2012 |   | 2013 |   | 2012 |
| Net written premiums                                  | $ | 1,619 |  |   |   | $ | 1,590 |  |   |   | $ | 5,115 |  |   |   | $ | 4,805 |  |   |
| NWP growth (% year over year)                         | 2 |  | % |   | — |  | % |   | 6 |  | % |   | 2 |  | % |
| Net operating income                                  | $ | 330 |  |   |   | $ | 264 |  |   |   | $ | 845 |  |   |   | $ | 698 |  |   |
|                                                  |   |   |   |   |   |   |   |   |   |   |   |
| Loss ratio                                            | 60.9 |  | % |   | 65.4 |  | % |   | 65.6 |  | % |   | 67.3 |  | % |
| Effect of catastrophe impacts                         | (2.5 | ) |   |   | (1.6 | ) |   |   | (3.0 | ) |   |   | (2.6 | ) |   |
| Effect of development-related items                   | 4.4 |  |   |   | 2.6 |  |   |   | 2.1 |  |   |   | 2.8 |  |   |
| Loss ratio excluding catastrophes and development     | 62.8 |  | % |   | 66.4 |  | % |   | 64.7 |  | % |   | 67.5 |  | % |
|                                                  |   |   |   |   |   |   |   |   |   |   |   |
| Combined ratio                                        | 94.0 |  | % |   | 99.7 |  | % |   | 99.0 |  | % |   | 101.1 |  | % |
| Combined ratio excluding catastrophes and development | 95.9 |  | % |   | 100.7 |  | % |   | 98.1 |  | % |   | 101.3 |  | % |

----

|                                                       |
|-------------------------------------------------------|
|                                                       |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                  | Results for the Three Months Ended September 30 |   | Results for the Nine Months Ended September 30 |
| ($ millions)                                          | 2013 |   | 2012 |   | 2013 |   | 2012 |
| Net written premiums                                  | $ | 778 |  |   |   | $ | 723 |  |   |   | $ | 2,337 |  |   |   | $ | 2,206 |  |   |
| NWP growth (% year over year)                         | 8 |  | % |   | (4 | ) | % |   | 6 |  | % |   | 2 |  | % |
| Net operating income                                  | $ | 187 |  |   |   | $ | 136 |  |   |   | $ | 475 |  |   |   | $ | 374 |  |   |
|                                                  |   |   |   |   |   |   |   |   |   |   |   |
| Loss ratio                                            | 55.6 |  | % |   | 62.5 |  | % |   | 60.1 |  | % |   | 63.6 |  | % |
| Effect of catastrophe impacts                         | (1.7 | ) |   |   | (0.5 | ) |   |   | (0.9 | ) |   |   | (0.4 | ) |   |
| Effect of development-related items                   | 9.9 |  |   |   | 5.4 |  |   |   | 6.3 |  |   |   | 4.2 |  |   |
| Loss ratio excluding catastrophes and development     | 63.8 |  | % |   | 67.4 |  | % |   | 65.5 |  | % |   | 67.4 |  | % |
|                                                  |   |   |   |   |   |   |   |   |   |   |   |
| Combined ratio                                        | 85.3 |  | % |   | 93.7 |  | % |   | 90.1 |  | % |   | 95.1 |  | % |
| Combined ratio excluding catastrophes and development | 93.5 |  | % |   | 98.6 |  | % |   | 95.5 |  | % |   | 98.9 |  | % |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                    |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Net written premiums increased $55 million for the third quarter of 2013 as compared with the prior year quarter.  This increase was driven by increased rate.  Average rate increased 6% for the third quarter of 2013 as compared with an increase of 5% for the prior year quarter for the policies that renewed in each period.  Retention of 85% was achieved in each period. |

|         |                                                                                                                                                                                                  |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Net operating income increased $51 million for the third quarter of 2013 as compared with the prior year quarter.  This increase was primarily due to improved underwriting results. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | The combined ratio improved 8.4 points for the third quarter of 2013 as compared with the prior year quarter.  The loss ratio improved 6.9 points, due to higher favorable net prior year development and an improved non-catastrophe current accident year loss ratio, partially offset by higher catastrophe losses.  The expense ratio improved 1.6 points, primarily due to the impact of lower underwriting expenses and a higher net earned premium base. |

----

|                                                       |
|-------------------------------------------------------|
|                                                       |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                  | Results for the Three Months Ended September 30 |   | Results for the Nine Months Ended September 30 |
| ($ millions)                                          | 2013 |   | 2012 |   | 2013 |   | 2012 |
| Net written premiums                                  | $ | 760 |  |   |   | $ | 811 |  |   |   | $ | 2,504 |  |   |   | $ | 2,543 |  |   |
| NWP growth (% year over year)                         | (6 | ) | % |   | (3 | ) | % |   | (2 | ) | % |   | — |  | % |
| Net operating income                                  | $ | 131 |  |   |   | $ | 125 |  |   |   | $ | 368 |  |   |   | $ | 321 |  |   |
|                                                  |   |   |   |   |   |   |   |   |   |   |   |
| Loss ratio                                            | 67.9 |  | % |   | 70.5 |  | % |   | 72.1 |  | % |   | 71.3 |  | % |
| Effect of catastrophe impacts                         | (2.9 | ) |   |   | (2.8 | ) |   |   | (4.8 | ) |   |   | (4.7 | ) |   |
| Effect of development-related items                   | (0.8 | ) |   |   | (0.3 | ) |   |   | (1.0 | ) |   |   | 1.7 |  |   |
| Loss ratio excluding catastrophes and development     | 64.2 |  | % |   | 67.4 |  | % |   | 66.3 |  | % |   | 68.3 |  | % |
|                                                  |   |   |   |   |   |   |   |   |   |   |   |
| Combined ratio                                        | 103.0 |  | % |   | 106.0 |  | % |   | 107.2 |  | % |   | 106.8 |  | % |
| Combined ratio excluding catastrophes and development | 99.3 |  | % |   | 102.9 |  | % |   | 101.4 |  | % |   | 103.8 |  | % |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Net written premiums decreased $51 million for the third quarter of 2013 as compared with the prior year quarter.  This decrease was primarily driven by previous underwriting actions taken in certain business classes.  These underwriting actions were partially offset by continued strong rate increases.  Average rate increased 8% for the third quarter of 2013 as compared with an increase of 7% for the prior year quarter for the policies that renewed in each period.  Retention of 71% and 77% was achieved in each period. |

|         |                                                                                                                                                                                                                       |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Net operating income increased $6 million for the third quarter of 2013 as compared with the prior year quarter.  This increase was primarily due to improved current accident year underwriting results. |

|         |                                                                                                                                                                                                                                                                                                                                           |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | The combined ratio improved 3.0 points for the third quarter of 2013 as compared with the prior year quarter.  The loss ratio improved 2.6 points, primarily due to an improved current accident year loss ratio.  The expense ratio improved 0.4 points, primarily due to the impact of lower underwriting expenses. |

----

|                                                       |
|-------------------------------------------------------|
|                                                       |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                  | Results for the Three Months Ended September 30 |   | Results for the Nine Months Ended September 30 |
| ($ millions)                                          | 2013 |   | 2012 |   | 2013 |   | 2012 |
| Net written premiums                                  | $ | 81 |  |   |   | $ | 56 |  |   |   | $ | 274 |  |   |   | $ | 56 |  |   |
| NWP growth (% year over year)                         | 45 |  | % |   |   |   |   | N/M |  | % |   |   |   |
| Net operating income                                  | $ | 12 |  |   |   | $ | 3 |  |   |   | $ | 2 |  |   |   | $ | 3 |  |   |
|                                                  |   |   |   |   |   |   |   |   |   |   |   |
| Loss ratio                                            | 40.5 |  | % |   | 33.3 |  | % |   | 47.3 |  | % |   | 33.3 |  | % |
| Effect of catastrophe impacts                         | (5.4 | ) |   |   | — |  |   |   | (2.0 | ) |   |   | — |  |   |
| Effect of development-related items                   | 4.9 |  |   |   | 8.9 |  |   |   | (4.3 | ) |   |   | 8.9 |  |   |
| Loss ratio excluding catastrophes and development     | 40.0 |  | % |   | 42.2 |  | % |   | 41.0 |  | % |   | 42.2 |  | % |
|                                                  |   |   |   |   |   |   |   |   |   |   |   |
| Combined ratio                                        | 85.1 |  | % |   | 85.8 |  | % |   | 95.4 |  | % |   | 85.8 |  | % |
| Combined ratio excluding catastrophes and development | 84.6 |  | % |   | 94.7 |  | % |   | 89.1 |  | % |   | 94.7 |  | % |

|         |                                                                                   |
|---------|-----------------------------------------------------------------------------------|
| • | Hardy, a specialized Lloyd's of London underwriter, was acquired on July 2, 2012. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Net written premiums increased $25 million for the third quarter of 2013 as compared with the prior year quarter.  This increase was driven by growth of non-marine property and a reduction in the amount of reinsurance purchased across several business units.  In addition, a change in Hardy's share of the results of Syndicate 382 contributed to the growth in the period.  Hardy retains 100% of the results for the 2013 year of account, while 25% of the capital for the 2012 year of account was provided by third parties.  Average rate decreased 5% for the third quarter of 2013 as compared with an increase of 1% for the prior year quarter for the policies that renewed in each period.  Retention of 75% and 73% was achieved in each period. |

|         |                                                                                                                                                                                                                                                                |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Net operating income increased $9 million for the third quarter of 2013 as compared with the prior year quarter.  This increase was primarily due to improved non-catastrophe underwriting results, partially offset by higher catastrophe losses. |

|         |                                                                                                                                                                                                                                                                                                                  |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | The combined ratio improved 0.7 points for the third quarter of 2013 as compared with the prior year quarter.  The loss ratio increased 7.2 points, primarily due to higher catastrophe losses.  The expense ratio improved 7.9 points, primarily due to the higher net earned premium base. |

|                                     |
|-------------------------------------|
|                                     |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                | Results for the Three Months Ended September 30 |   | Results for the Nine Months Ended September 30 |   |
| ($ millions)                        | 2013 |   | 2012 |   | 2013 |   |   | 2012 |   |
| Operating revenues                  | $ | 346 |  |   |   | $ | 343 |  |   |   | $ | 1,041 |  |   |   | $ | 1,036 |  |   |
| Total claims, benefits and expenses | 425 |  |   |   | 400 |  |   |   | 1,221 |  |   |   | 1,160 |  |   |
| Net operating loss                  | (35 | ) |   |   | (22 | ) |   |   | (71 | ) |   |   | (38 | ) |   |

|         |                                                                                                                                                                                                                                                                                                                 |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Net operating loss increased $13 million for the third quarter of 2013 as compared with the prior year quarter.  Results were affected by unfavorable morbidity in our long term care business, partially offset by the effect of rate increase actions and favorable persistency in that business. |

----

|                                     |
|-------------------------------------|
|                                     |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                | Results for the Three Months Ended September 30 |   | Results for the Nine Months Ended September 30 |
| ($ millions)                        | 2013 |   | 2012 |   | 2013 |   |   | 2012 |   |
| Operating revenues                  | $ | 11 |  |   |   | $ | 13 |  |   |   | $ | 30 |  |   |   | $ | 36 |  |   |
| Total claims, benefits and expenses | 53 |  |   |   | 50 |  |   |   | 138 |  |   |   | 131 |  |   |
| Net operating loss                  | (26 | ) |   |   | (26 | ) |   |   | (70 | ) |   |   | (66 | ) |   |

|         |                                                                                                                                                                                                                                                                                                                |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Corporate & Other Non-Core primarily includes certain corporate expenses, including interest on corporate debt, and the results of certain property and casualty business in run-off, including CNA Re and A&EP.  Results for the third quarter of 2013 were comparable to the prior year quarter. |

----

| Net Operating Income (Loss)    |
|--------------------------------|
|                                |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                           | Results for the Three Months Ended September 30 |   | Results for the Nine Months Ended September 30 |
| ($ millions)                   | 2013 |   | 2012 |   | 2013 |   | 2012 |
| CNA Specialty                  | $ | 187 |  |   | $ | 136 |  |   | $ | 475 |  |   | $ | 374 |  |
| CNA Commercial                 | 131 |  |   | 125 |  |   | 368 |  |   | 321 |  |
| Hardy                          | 12 |  |   | 3 |  |   | 2 |  |   | 3 |  |
| Total P&C Operations       | 330 |  |   | 264 |  |   | 845 |  |   | 698 |  |
| Life & Group Non-Core      | (35 | ) |   | (22 | ) |   | (71 | ) |   | (38 | ) |
| Corporate & Other Non-Core | (26 | ) |   | (26 | ) |   | (70 | ) |   | (66 | ) |
| Total                          | $ | 269 |  |   | $ | 216 |  |   | $ | 704 |  |   | $ | 594 |  |

| Net Income (Loss)              |
|--------------------------------|
|                                |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                           | Results for the Three Months Ended September 30 |   | Results for the Nine Months Ended September 30 |
| ($ millions)                   | 2013 |   | 2012 |   | 2013 |   | 2012 |
| CNA Specialty                  | $ | 188 |  |   | $ | 136 |  |   | $ | 474 |  |   | $ | 386 |  |
| CNA Commercial                 | 132 |  |   | 132 |  |   | 364 |  |   | 343 |  |
| Hardy                          | 13 |  |   | 2 |  |   | 4 |  |   | 2 |  |
| Total P&C Operations       | 333 |  |   | 270 |  |   | 842 |  |   | 731 |  |
| Life & Group Non-Core      | (35 | ) |   | (24 | ) |   | (62 | ) |   | (29 | ) |
| Corporate & Other Non-Core | (26 | ) |   | (25 | ) |   | (64 | ) |   | (65 | ) |
| Total                          | $ | 272 |  |   | $ | 221 |  |   | $ | 716 |  |   | $ | 637 |  |

| Property & Casualty Operations Gross Written Premiums |
|-----------------------------------------------------------|
|                                                           |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                      | Results for the Three Months Ended September 30 |   | Results for the Nine Months Ended September 30 |
| ($ millions)                                              | 2013 |   | 2012 |   | 2013 |   | 2012 |
| CNA Specialty                                             | $ | 1,368 |  |   | $ | 1,211 |  |   | $ | 3,980 |  |   | $ | 3,670 |  |
| CNA Commercial                                            | 805 |  |   | 864 |  |   | 2,715 |  |   | 2,715 |  |
| Hardy                                                     | 105 |  |   | 87 |  |   | 359 |  |   | 87 |  |
| Total P&C Operations                                  | $ | 2,278 |  |   | $ | 2,162 |  |   | $ | 7,054 |  |   | $ | 6,472 |  |

| Property & Casualty Operations Net Written Premiums |
|---------------------------------------------------------|
|                                                         |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|                                                    | Results for the Three Months Ended September 30 |   | Results for the Nine Months Ended September 30 |
| ($ millions)                                            | 2013 |   | 2012 |   | 2013 |   | 2012 |
| CNA Specialty                                           | $ | 778 |  |   | $ | 723 |  |   | $ | 2,337 |  |   | $ | 2,206 |  |
| CNA Commercial                                          | 760 |  |   | 811 |  |   | 2,504 |  |   | 2,543 |  |
| Hardy                                                   | 81 |  |   | 56 |  |   | 274 |  |   | 56 |  |
| Total P&C Operations                                | $ | 1,619 |  |   | $ | 1,590 |  |   | $ | 5,115 |  |   | $ | 4,805 |  |

----