<ARTICLE> 7 <CIK> 0000021175 <NAME> CNA FINANCIAL CORPORATION <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-1-1998 <PERIOD-END> JUN-30-1998 <DEBT-HELD-FOR-SALE> 29,559 <DEBT-CARRYING-VALUE> 0 <DEBT-MARKET-VALUE> 0 <EQUITIES> 1,054 <MORTGAGE> 68 <REAL-ESTATE> 5 <TOTAL-INVEST> 36,175 <CASH> 156 <RECOVER-REINSURE> 6,033 <DEFERRED-ACQUISITION> 2,379 <TOTAL-ASSETS> 63,164 <POLICY-LOSSES> 34,542 <UNEARNED-PREMIUMS> 5,296 <POLICY-OTHER> 140 <POLICY-HOLDER-FUNDS> 784 <NOTES-PAYABLE> 2,958 <PREFERRED-MANDATORY> 0 <PREFERRED> 150 <COMMON> 464 <OTHER-SE> 8,173 <TOTAL-LIABILITY-AND-EQUITY> 63,164 <PREMIUMS> 6,835 <INVESTMENT-INCOME> 1,120 <INVESTMENT-GAINS> 415 <OTHER-INCOME> 387 <BENEFITS> 5,787 <UNDERWRITING-AMORTIZATION> 1,259 <UNDERWRITING-OTHER> 981 <INCOME-PRETAX> 615 <INCOME-TAX> 172 <INCOME-CONTINUING> 443 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 443 <EPS-PRIMARY> 2.37 <EPS-DILUTED> 2.37 <RESERVE-OPEN> 23,245 <PROVISION-CURRENT> 4,430 <PROVISION-PRIOR> 55 <PAYMENTS-CURRENT> 993 <PAYMENTS-PRIOR> 3,060 <RESERVE-CLOSE> 23,677 <CUMULATIVE-DEFICIENCY> 55