Washington, D.C. 20549


                                    FORM 8-K

                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15 (d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported)                December 5, 2001


                            CNA FINANCIAL CORPORATION

               (Exact Name of Registrant as Specified in Charter)

           DELAWARE                       1-5823                 36-6169860
 (State or Other Jurisdiction          (Commission              (IRS Employer
       of Incorporation)               File Number)          Identification No.)

      CNA PLAZA, CHICAGO, ILLINOIS                                 60685
(Address of Principal Executive Offices)                         (Zip Code)

Registrant's telephone number, including area code             (312) 822-5000

          (Former Name or Former Address, if Changed Since Last Report)


ITEM 5.           OTHER EVENTS
Exhibit No.       Description
-----------       -----------

99.04             On December 5, 2001 CNA Financial Corporation issued a press
                  release announcing its estimate for potential losses
                  associated with the recent filing by certain Enron entities
                  for reorganization under Chapter 11 of the Bankruptcy Code. A
                  copy of the press release is attached hereto as Exhibit 99.04
                  and is incorporated herein by reference.


Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.

                                         CNA FINANCIAL CORPORATION

Date:   December 5, 2001                     By:  /s/ ROBERT V. DEUTSCH
        ----------------                          ---------------------
                                                  Robert V. Deutsch
                                                  Executive Vice President and
                                                  Chief Financial Officer