PROPOSED ACQUISITION OF CONTROL - DOCKET # EX 22-14

In the Matter of:

PROPOSED ACQUISITION OF CONTROL OF
AETNA INSURANCE COMPANY OF CONNECTICUT
BY
CONTINENTAL CASUALTY COMPANY,
THE CONTINENTAL CORPORATION,
CNA FINANCIAL CORPORATION
and
LOEWS CORPORATION
DOCKET # EX 22-14

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OVERVIEW

On February 10, 2022, CONTINENTAL CASUALTY COMPANY, THE CONTINENTAL CORPORATION, CNA FINANCIAL CORPORATION and LOEWS CORPORATION (the “Applicants”), filed an application on Form A with the Connecticut Insurance Department (the “Department”) pursuant to Conn. Gen. Stat. § 38a-130, and Regs,. Conn. State Agencies § 38a-138-6 (the “Application”) requesting approval by the Insurance Commissioner of the State of Connecticut for the proposed acquisition of control (the “Proposed Acquisition”) of the Connecticut domestic insurer AETNA INSURANCE COMPANY OF CONNECTICUT (the “Domestic Insurer”). The Proposed Acquisition will be effected pursuant to the terms of a Stock Purchase Agreement dated as of December 15, 2021.

As required by Conn. Gen. Stat. § 38a-132 and Regs., Conn. State Agencies § 38a-138-6 a public hearing will be held on the Proposed Acquisition of the Domestic Insurer within thirty days after the Application is deemed complete in all respects. When the Application is complete, a notice of public hearing will be issued to consider the Proposed Acquisition.

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The following is a list of all documents related to the Proposed Acquisition which are available for public viewing. Some documents which include trade secrets or personal data have been exempted from public inspection pursuant to the Connecticut Freedom of Information Act (see Conn. Gen. Stat. §1-210).