<ARTICLE> 7 <LEGEND> </LEGEND> <CIK> 0000021175 <NAME> CNA FINANCIAL CORPORATION <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> SEP-30-1996 <DEBT-HELD-FOR-SALE> 27,038 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 975 <MORTGAGE> 105 <REAL-ESTATE> 30 <TOTAL-INVEST> 34,869 <CASH> 265 <RECOVER-REINSURE> 7,273 <DEFERRED-ACQUISITION> 1,778 <TOTAL-ASSETS> 60,795 <POLICY-LOSSES> 35,580 <UNEARNED-PREMIUMS> 4,786 <POLICY-OTHER> 122 <POLICY-HOLDER-FUNDS> 707 <NOTES-PAYABLE> 2,774 <COMMON> 155 <PREFERRED-MANDATORY> 0 <PREFERRED> 150 <OTHER-SE> 6,406 <TOTAL-LIABILITY-AND-EQUITY> 60,795 <PREMIUMS> 10,049 <INVESTMENT-INCOME> 1,676 <INVESTMENT-GAINS> 487 <OTHER-INCOME> 454 <BENEFITS> 8,401 <UNDERWRITING-AMORTIZATION> 1,568 <UNDERWRITING-OTHER> 1,470 <INCOME-PRETAX> 1,072 <INCOME-TAX> 302 <INCOME-CONTINUING> 770 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 770 <EPS-PRIMARY> 12.38 <EPS-DILUTED> 12.38 <RESERVE-OPEN> 24,955 <PROVISION-CURRENT> 5,784 <PROVISION-PRIOR> (142) <PAYMENTS-CURRENT> 1,585 <PAYMENTS-PRIOR> 4,796 <RESERVE-CLOSE> 24,216 <CUMULATIVE-DEFICIENCY> (142)