FORM 13F COVER PAGE

"Report for the Calendar Year or Quarter Ended: September 30, 2001"

Check here if Amendment [   ]; Amendment Number:
This Amendment (Check only one.):  [    ]  is a restatement.
                           [    ] adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:     CNA Financial Corporation
Address:  CNA Plaza
"          Chicago, Il 60685"


13F File Number:  28-346

The institutional investment manager filing this report and the
person by whom it is signed hereby represent that the person
"signing the report is authorized to submit it, that all"
"information contained herein is true, correct, and complete, and"
"that it is understood that all required items, statements,"
"schedules, lists, and tables, are considered integral parts of"
this form.


Person Signing this Report on Behalf of Reporting Manager:

Name: Lynne Gugenheim
Title:  Group Vice President and Deputy General Counsel
Phone: (312) 822 4921
"Signature, Place, and Date of Signing:"
5-Nov-01
"Chicago, Illinois,"
Report Type (Check only one.):

 [  X ]              13F HOLDINGS REPORT.

 [    ]              13F NOTICE.

 [    ]              13F COMBINATION REPORT.

List of Other Managers Reporting for this Manager:

I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934



Loews Corporation also has investment discretion
over the securities reported on herein by
"CNA Financial Corportion, Continental Assurance Company,
Continental Casualty Company,"
and The Continental Corporation.  Loews Corporation will report
separately on securities over
which it has investment discretion which are not
part of such holdings.






                               FORM 13F INFORMATION TABLE
                                VALUE   OTHER      SHARES/     SH/       PUT/    INVSTMT   VOTING AUTHORITY
NAME OF ISTITLE OF C  CUSIP    (x1000)  MANAGERS   PRN AMT     PRN       CALL    DSCRETN     SOLE     SHARED     NONE
"ACCENTURE CL A      G1150G111           2,3                 SH                  DEFINED                      0         0"
"ACME COMMUCOM       004631107           1,2,3               SH                  DEFINED                      0         0"
"ADELPHIA CCL A      006848105           2,3                 SH                  DEFINED                      0         0"
"AETNA INC COM       00817Y108           2,3                 SH                  DEFINED                      0         0"
"AFFIL COMPSUB NT CV 008190AF7           1,3              2,4PRN                 DEFINED"
"AFFILIATEDCL A      008190100           1,3                 SH                  DEFINED                      0         0"
"AGCO CORP COM       001084102           2,3                 SH                  DEFINED                      0         0"
"AGERE SYSTCL A      00845V100           2,3                 SH                  DEFINED                      0         0"
"AIR PRODUCCOM       009158106           2,3                 SH                  DEFINED                      0         0"
"AK STEEL HCOM       001547108           2,3                 SH                  DEFINED                      0         0"
"AKAMAI TECCOM       00971T101           2,3                 SH                  DEFINED                      0         0"
ALCAN INC COM       013716105           3                   SH                  DEFINED                      0         0
"ALCOA INC COM       013817101           1,2,3               SH                  DEFINED                      0         0"
"ALLEGHENY COM       017361106           2,3                 SH                  DEFINED                      0         0"
"ALLMERICA COM       019754100           2,3                 SH                  DEFINED                      0         0"
"ALLTEL CORCOM       020039103           2,3                 SH                  DEFINED                      0         0"
"ALPHARMA ISR SB NT C020813AD3           1,3               1,PRN                 DEFINED"
"ALPHARMA ICL A      020813101           1,3                 SH                  DEFINED                      0         0"
"AMBAC FINACOM       023139108           2,3                 SH                  DEFINED                      0         0"
"AMERADA HECOM       023551104           2,3                 SH                  DEFINED                      0         0"
AMERICA WECL B      023657208           3                   SH                  DEFINED                      0         0
"AMERICAN ECOM       025816109           1,2,3               SH                  DEFINED                      0         0"
"AMERICAN ICOM       026874107           1,2,3               SH                  DEFINED                      0         0"
AMERICAN NCOM       028591105           3                   SH                  DEFINED                      0         0
AMERICAN PCOM       028884104           3                   SH                  DEFINED                      0         0
"AMERISOURCCOM       03073E105           1,3                 SH                  DEFINED                      0         0"
"AMKOR TECHCOM       031652100           2,3                 SH                  DEFINED                      0         0"
"ANADARKO PCOM       032511107           2,3                 SH                  DEFINED                      0         0"
"ANHEUSER BCOM       035229103           1,3                 SH                  DEFINED                      0         0"
ANIXTER INCOM       035290105           3                   SH                  DEFINED                      0         0
ANNTAYLOR COM       036115103           3                   SH                  DEFINED                      0         0
"AOL TIME WCOM       00184A105           1,3                 SH                  DEFINED                      0         0"
"AON CORP  COM       037389103          22,3                 SH                  DEFINED                      0         0"
"APACHE CORCOM       037411105           1,2,3               SH                  DEFINED                      0         0"
"APPLIED MACOM       038222105           1,3                 SH                  DEFINED                      0         0"
"ARGUSS COMCOM       040282105           1,2,3               SH                  DEFINED                      0         0"
"ARRIS GROUCOM       04269Q100           1,2,3               SH                  DEFINED                      0         0"
ARVINMERITCOM       043353101           3                   SH                  DEFINED                      0         0
"AT & T CORCOM       001957109           2,3                 SH                  DEFINED                      0         0"
"AT HOME COSB DB CV0,045919AC1           2,3              3,0PRN                 DEFINED"
"AT HOME COSUB NT CV4045919AF4           1,2,3         32,500PRN                 DEFINED"
"AT&T WIRELCOM       00209A106           2,3                 SH                  DEFINED                      0         0"
"ATLAS AIR COM       049164106           2,3,4               SH                  DEFINED                      0         0"
"BANK OF NECOM       064057102           2,3                 SH                  DEFINED                      0         0"
"BANK ONE CCOM       06423A103           2,3                 SH                  DEFINED                      0         0"
"BARNES & NSUB NT CV 067774AC3           1,3              2,4PRN                 DEFINED"
"BARNES & NCOM       067774109           1,3                 SH                  DEFINED                      0         0"
"BAYCORP HOCOM       072728108           1,3                 SH                  DEFINED                      0         0"
"BEA SYSTEMCOM       073325102           1,3                 SH                  DEFINED                      0         0"
"BEA SYSTEMSB NT CV 4073325AD4           1,3              2,3PRN                 DEFINED"
"BEAR STEARCOM       073902108           2,3                 SH                  DEFINED                      0         0"
"BED BATH &COM       075896100           1,3                 SH                  DEFINED                      0         0"
"BELLSOUTH COM       079860102           2,3                 SH                  DEFINED                      0         0"
"BETHLEHEM COM       087509105           2,3                 SH                  DEFINED                      0         0"
"BOEING COMCOM       097023105           2,3                 SH                  DEFINED                      0         0"
BORG WARNECOM       099724106           3                   SH                  DEFINED                      0         0
"BOWATER INCOM       102183100           2,3                 SH                  DEFINED                      0         0"
BOWNE & COCOM       103043105           3                   SH                  DEFINED                      0         0
"BRISTOL-MYCOM       110122108           2,3                 SH                  DEFINED                      0         0"
"BROADWING PFD CV DEP111620407           1,3                 SH                  DEFINED                      0         0"
"BUCKHEAD ACOM       11835A105           2,3                 SH                  DEFINED                      0         0"
"BURLINGTONCOM       122014103           2,3                 SH                  DEFINED                      0         0"
"CABLEVISIOCL A NY CA12686C109           2,3                 SH                  DEFINED                      0         0"
"CABOT OIL CL A      127097103           2,3                 SH                  DEFINED                      0         0"
"CALPINE COCOM       131347106           1,2,3               SH                  DEFINED                      0         0"
"CANADIAN PCOM       135923100           1,3                 SH                  DEFINED                      0         0"
"CARDINAL HCOM       14149Y108           1,3                 SH                  DEFINED                      0         0"
"CATELLUS DCOM       149111106           2,3                 SH                  DEFINED                      0         0"
"CATERPILLACOM       149123101           2,3                 SH                  DEFINED                      0         0"
CBRL GROUPCOM       12489V106           3                   SH                  DEFINED                      0         0
"CELESTICA SUB VTG SH15101Q108           1,2,3               SH                  DEFINED                      0         0"
"CELESTICA LYON ZERO 15101QAA6           1,2,3         34,380PRN                 DEFINED"
"CENDANT COCOM       151313103           1,2,3               SH                  DEFINED                      0         0"
CENTEX CORCOM       152312104           3                   SH                  DEFINED                      0         0
"CHIRON CORCOM       170040109           1,2,3               SH                  DEFINED                      0         0"
"CHIRON CORLYON ZRO 1170040AD1           1,2,3         54,500PRN                 DEFINED"
CHUBB CORPCOM       171232101           3                   SH                  DEFINED                      0         0
"CISCO SYSTCOM       17275R102           1,3                 SH                  DEFINED                      0         0"
"CITIGROUP COM       172967101           1,2,3               SH                  DEFINED                      0         0"
"CLEAR CHANCOM       184502102           1,3                 SH                  DEFINED                      0         0"
"CLEVELAND-COM       185896107           2,3                 SH                  DEFINED                      0         0"
"CMS ENERGYADJ CV TR8125896308           1,3                 SH                  DEFINED                      0         0"
"CNA SURETYCOM       12612L108          32,3,4          27,42SH                  DEFINED        27,42         0         0"
CNF INC   COM       12612W104           3                   SH                  DEFINED                      0         0
"COLT TELECSPONSORED 196877104           2,3                 SH                  DEFINED                      0         0"
"COMCAST COCL A SPL  200300200           1,3                 SH                  DEFINED                      0         0"
"COMMUNICATCOM       20338K106           1,3                 SH                  DEFINED                      0         0"
"COMPAQ COMCOM       204493100           2,3                 SH                  DEFINED                      0         0"
COMPUTER ACOM       204912109           3                   SH                  DEFINED                      0         0
"CONOCO INCCL A      208251306           2,3                 SH                  DEFINED                      0         0"
"CONSTELLATCOM       210371100           2,3                 SH                  DEFINED                      0         0"
COOPER INDCOM       216669101           3                   SH                  DEFINED                      0         0
"CORN PRODUCOM       219023108           2,3                 SH                  DEFINED                      0         0"
"CORNING INCOM       219350105           2,3                 SH                  DEFINED                      0         0"
"CORRECTIONPFD CV B 122025Y308           2,3                 SH                  DEFINED                      0         0"
"COX COMMUNCL A      224044107           1,2,3               SH                  DEFINED                      0         0"
"CROWN CORKCOM       228255105           2,3                 SH                  DEFINED                      0         0"
"CVS CORP  COM       126650100           1,3                 SH                  DEFINED                      0         0"
CYTEC INDUCOM       232820100           3                   SH                  DEFINED                      0         0
"D.R. HORTOCOM       23331A109           2,3                 SH                  DEFINED                      0         0"
"DEERE & COCOM       244199105           2,3                 SH                  DEFINED                      0         0"
"DEL MONTE COM       24522P103           2,3                 SH                  DEFINED                      0         0"
"DELL COMPUCOM       247025109           1,3                 SH                  DEFINED                      0         0"
"DELPHI AUTCOM       247126105           2,3                 SH                  DEFINED                      0         0"
"DELPHI FINCL A      247131105           2,3                 SH                  DEFINED                      0         0"
DILLARDS ICL A      254067101           3                   SH                  DEFINED                      0         0
DOLLAR THRCOM       256743105           3                   SH                  DEFINED                      0         0
"DOW CHEMICCOM       260543103           2,3                 SH                  DEFINED                      0         0"
"DU PONT DECOM       263534109           2,3                 SH                  DEFINED                      0         0"
"EAST-WEST COM       27579R104          22,3                 SH                  DEFINED                      0         0"
"EATON VANCCOM NON VT278265103           1,2,3               SH                  DEFINED"
"ECHOSTAR CSUB NT CV 278762AB5           1,3                 PRN                 DEFINED"
"ECHOSTAR CCL A      278762109           1,3                 SH                  DEFINED                      0         0"
"EL PASO COCOM       28336L109           2,3                 SH                  DEFINED                      0         0"
"ELDERTRUSTCOM SH BEN284560109           2,3                 SH                  DEFINED                      0         0"
"ELECTRONICCOM       285661104           2,3                 SH                  DEFINED                      0         0"
"ENCOMPASS COM       29255U104           2,3                 SH                  DEFINED                      0         0"
"ENERGY EASCOM       29266M109           2,3                 SH                  DEFINED                      0         0"
"ENGEL GENEORD       M40515104           2,3                 SH                  DEFINED                      0         0"
"ENRON CORPCOM       293561106           1,3                 SH                  DEFINED                      0         0"
"EQUITY OFFCOM       294741103           1,3                 SH                  DEFINED                      0         0"
ESTERLINE COM       297425100           3                   SH                  DEFINED                      0         0
"EXCITE@HOMSB NT CV 1045919AD9           1,2,3         20,500PRN                 DEFINED"
"EXELON CORCOM       30161N101           2,3                 SH                  DEFINED                      0         0"
"FEDERATED COM       31410H101           2,3                 SH                  DEFINED                      0         0"
"FIRST CENTSUB DEB CV318908AA8           1,3,4              1PRN                 DEFINED"
FIRST CITICL A      31946M103           3                   SH                  DEFINED                      0         0
"FIRST DATACOM       319963104           1,3                 SH                  DEFINED                      0         0"
"FIRSTENERGCOM       337932107           2,3                 SH                  DEFINED                      0         0"
"FLEMING COCOM       339130106           1,3                 SH                  DEFINED                      0         0"
"FMC CORP (COM NEW   302491303           2,3                 SH                  DEFINED                      0         0"
FMC TECHNOCOM       30249U101           3                   SH                  DEFINED                      0         0
FORTUNE BRCOM       349631101           3                   SH                  DEFINED                      0         0
"FREDDIE MACOM       313400301           1,3                 SH                  DEFINED                      0         0"
FREEPORT MCL B      35671D857           3                   SH                  DEFINED                      0         0
"FRONTLINE ORD       G3682E127           2,3                 SH                  DEFINED                      0         0"
GABLES RESSH BEN INT362418105           3                   SH                  DEFINED                      0         0
"GEN SEMICOSUB NT CV5370787AB9           1,3               1,PRN                 DEFINED"
"GENENTECH COM NEW   368710406           1,3                 SH                  DEFINED                      0         0"
"GENERAL ELCOM       369604103           1,2,3               SH                  DEFINED                      0         0"
"GENERAL MOCL H NEW  370442832           2,3                 SH                  DEFINED                      0         0"
"GENERAL SECOM       370787103           1,3                 SH                  DEFINED                      0         0"
"GENUITY INCL A      37248E103           2,3                 SH                  DEFINED                      0         0"
"GEORGIA-PACOM-TIMBER373298702           2,3                 SH                  DEFINED                      0         0"
GEORGIA-PACOM GA PAC373298108           3                   SH                  DEFINED                      0         0
GLIMCHER RSH BEN INT379302102           3                   SH                  DEFINED                      0         0
"GOLD STANDCOM PAR $0380724302           2,3                 SH                  DEFINED                      0         0"
"HANOVER COSR NT CV 4410768AC9           1,3              2,4PRN                 DEFINED"
"HANOVER COCOM       410768105           1,3                 SH                  DEFINED                      0         0"
"HAYES LEMMCOM       420781106           1,3                 SH                  DEFINED                      0         0"
"HCA INC   COM       404119109           1,3                 SH                  DEFINED                      0         0"
"HEALTH CARCOM       421915109           2,3                 SH                  DEFINED                      0         0"
HEALTH NETCOM       42222G108           3                   SH                  DEFINED                      0         0
"HEALTHCARECOM       421946104           2,3                 SH                  DEFINED                      0         0"
"HEALTHSOUTSB DBCV 3.421924AF8           2,3              4,0PRN                 DEFINED"
"HEALTHSOUTCOM       421924101           2,3                 SH                  DEFINED                      0         0"
"HEARST-ARGCOM       422317107           2,3                 SH                  DEFINED                      0         0"
HERBALIFE CL B      426908307           3                   SH                  DEFINED                      0         0
"HERCULES ICOM       427056106           2,3                 SH                  DEFINED                      0         0"
"HEWLETT-PACOM       428236103           2,3                 SH                  DEFINED                      0         0"
"HILTON HOTCOM       432848109           2,3                 SH                  DEFINED                      0         0"
"HOME DEPOTCOM       437076102           1,3                 SH                  DEFINED                      0         0"
"HONEYWELL COM       438516106           1,2,3               SH                  DEFINED                      0         0"
"HOUSEHOLD COM       441815107           2,3                 SH                  DEFINED                      0         0"
IBP INC   COM       449223106           3                   SH                  DEFINED                      0         0
"IMC GLOBALCOM       449669100           2,3                 SH                  DEFINED                      0         0"
"INGERSOLL COM       456866102           2,3                 SH                  DEFINED                      0         0"
"INSWEB CORCOM       45809K103           2,3                 SH                  DEFINED                      0         0"
"INTEL CORPCOM       458140100           1,3                 SH                  DEFINED                      0         0"
"INTERNATIOCOM       459200101           1,2,3               SH                  DEFINED                      0         0"
"INTERNATIOCOM       460146103           2,3                 SH                  DEFINED                      0         0"
INTERSTATECOM       46072H108           3                   SH                  DEFINED                      0         0
"INTL RECTISUB NT CV 460254AD7           1,3               1,PRN                 DEFINED"
"INTL RECTICOM       460254105           1,3                 SH                  DEFINED                      0         0"
"ISPAT INTLNY REG SH 464899103           2,3                 SH                  DEFINED                      0         0"
"IVAX CORP COM       465823102           1,3                 SH                  DEFINED                      0         0"
"IVAX CORP SR SB CV 1465823AB8           1,3              2,4PRN                 DEFINED"
"J.P. MORGACOM       46625H100           2,3                 SH                  DEFINED                      0         0"
"JOY GLOBALCOM       481165108           2,3                 SH                  DEFINED                      0         0"
KELLWOOD CCOM       488044108           3                   SH                  DEFINED                      0         0
KENNAMETALCOM       489170100           3                   SH                  DEFINED                      0         0
"KERR MC GECOM       492386107           2,3                 SH                  DEFINED                      0         0"
KEY3MEDIA COM       49326R104           3                   SH                  DEFINED                      0         0
"KEYSPAN COCOM       49337W100           2,3                 SH                  DEFINED                      0         0"
"KIMBERLY CCOM       494368103           1,3                 SH                  DEFINED                      0         0"
"KMART FINAPFD TRCV 7498778208           2,3                 SH                  DEFINED                      0         0"
"KROGER COMCOM       501044101           1,2,3               SH                  DEFINED                      0         0"
"KULICKE & SUB NT CV4501242AE1           1,3              3,4PRN                 DEFINED"
"KULICKE & COM       501242101           1,3                 SH                  DEFINED                      0         0"
"L-3 COMM HSR SB CV 1502424AA2           1,3              2,4PRN                 DEFINED"
"L-3 COMMUNCOM       502424104           1,3                 SH                  DEFINED                      0         0"
"LABORATORYCOM NEW   50540R409           1,2,3               SH                  DEFINED                      0         0"
"LAM RESEARCOM       512807108           1,3                 SH                  DEFINED                      0         0"
"LAMAR ADVENT CV 5.25512815AF8           1,3              2,5PRN                 DEFINED"
"LAMAR ADVECL A      512815101           1,3                 SH                  DEFINED                      0         0"
"LATTICE SESUB NT CV4518415AC8           1,3              2,4PRN                 DEFINED"
"LATTICE SECOM       518415104           1,3                 SH                  DEFINED                      0         0"
LEAR CORPOCOM       521865105           3                   SH                  DEFINED                      0         0
"LEGG MASONCOM       524901105           1,2,3               SH                  DEFINED                      0         0"
"LIBERTY MECOM SER A 530718105           1,3                 SH                  DEFINED                      0         0"
"LIBERTY PRSH BEN INT531172104           2,3                 SH                  DEFINED                      0         0"
"LILLY (ELICOM       532457108           1,3                 SH                  DEFINED                      0         0"
"LINCOLN NACOM       534187109           2,3                 SH                  DEFINED                      0         0"
"LOCAL FINACOM       539553107           2,3                1SH                  DEFINED            1         0         0"
"LONGVIEW FCOM       543213102           2,3                 SH                  DEFINED                      0         0"
"LORAL SPACCOM       G56462107           2,3                 SH                  DEFINED                      0         0"
"LSI CORP  COM       502161102           1,3                 SH                  DEFINED                      0         0"
"LSI LOGIC SB NT CV 4502161AD4           1,3               1,PRN                 DEFINED"
LUBRIZOL CCOM       549271104           3                   SH                  DEFINED                      0         0
"LUCENT TECPFD CV 8% 549463206          21,2,3               SH                  DEFINED                      0         0"
"LUCENT TECCOM       549463107           1,2,3             1,SH                  DEFINED           1,         0         0"
"MARRIOTT ICL A      571903202           2,3                 SH                  DEFINED                      0         0"
"MARRIOTT ISRLYON ZRO571903AA1           2,3              9,7PRN                 DEFINED"
"MEDICALOGICOM       584642102           2,3               1,SH                  DEFINED           1,         0         0"
"MEDTRONIC COM       585055106           1,3                 SH                  DEFINED                      0         0"
"MERRILL LYCOM       590188108           1,2,3               SH                  DEFINED                      0         0"
"METLIFE INCOM       59156R108           2,3                 SH                  DEFINED                      0         0"
"MICROSOFT COM       594918104           1,2,3               SH                  DEFINED                      0         0"
MILACRON ICOM       598709103           3                   SH                  DEFINED                      0         0
"MIRANT CORCOM       604675108           1,3                 SH                  DEFINED                      0         0"
"MOLEX - CLCL A      608554200           1,3                 SH                  DEFINED                      0         0"
MONSANTO CCOM       61166W101           3                   SH                  DEFINED                      0         0
"MSDW ASIA COM       61744U106           2,3                 SH                  DEFINED                      0         0"
"MSDW INDIACOM       61745C105           2,3                 SH                  DEFINED                      0         0"
"NABORS INDCOM       629568106           1,3                 SH                  DEFINED                      0         0"
NACCO INDSCL A      629579103           3                   SH                  DEFINED                      0         0
"NATIONWIDECL A      638612101           2,3                 SH                  DEFINED                      0         0"
"NEIMAN MARCL B      640204301           2,3                 SH                  DEFINED                      0         0"
"NEWHALL LADEPOSITARY651426108           2,3                 SH                  DEFINED                      0         0"
"NEWMONT MICOM       651639106           2,3                 SH                  DEFINED                      0         0"
"NEWS CORP ADR NEW   652487703           2,3                 SH                  DEFINED                      0         0"
"NEWS CORP SP ADR PFD652487802           1,2,3               SH                  DEFINED                      0         0"
"NIAGARA MOCOM       653520106           2,3                 SH                  DEFINED                      0         0"
"NOKIA CORPSPONSORED 654902204           1,3                 SH                  DEFINED                      0         0"
"NORFOLK SOCOM       655844108           2,3                 SH                  DEFINED                      0         0"
"NORTEL NETCOM       656568102           2,3                 SH                  DEFINED                      0         0"
"NORTH FORKCOM       659424105           2,3                 SH                  DEFINED                      0         0"
"NORTHERN TCOM       665859104           2,3                 SH                  DEFINED                      0         0"
"NOVELLUS SLYON ZERO 670008AA9           1,2,3         25,000PRN                 DEFINED"
"NOVELLUS SCOM       670008101           1,2,3               SH                  DEFINED                      0         0"
"NRG ENERGYCOM       629377102           2,3                 SH                  DEFINED                      0         0"
OCEAN ENERCOM       67481E106           3                   SH                  DEFINED                      0         0
"OFFICEMAX COM       67622M108           2,3                 SH                  DEFINED                      0         0"
"OGE ENERGYCOM       670837103           2,3                 SH                  DEFINED                      0         0"
"OLD REPUBLCOM       680223104           2,3                 SH                  DEFINED                      0         0"
"OMNICOM GRCOM       681919106           1,2,3               SH                  DEFINED                      0         0"
"ON COMMANDCOM       682160106           1,2,3               SH                  DEFINED                      0         0"
"ON COMMANDWT B EX 10682160122           1,2,3               SH        CALL      DEFINED"
"ORACLE CORCOM       68389X105           2,3                 SH                  DEFINED                      0         0"
"OVERSEAS SCOM       690368105           2,3                 SH                  DEFINED                      0         0"
"OWENS-ILL PFD CONV $690768502           2,3                 SH                  DEFINED                      0         0"
PACIFIC CECOM       694058108           3                   SH                  DEFINED                      0         0
"PALL CORP COM       696429307           2,3                 SH                  DEFINED                      0         0"
"PATHMARK SCOM       70322A101           2,3                 SH                  DEFINED                      0         0"
PAYLESS SHCOM       704379106           3                   SH                  DEFINED                      0         0
"PEABODY ENCOM       704549104           1,3                 SH                  DEFINED                      0         0"
"PEPSI BOTTCOM       713409100           2,3                 SH                  DEFINED                      0         0"
"PEPSICO INCOM       713448108           1,3                 SH                  DEFINED                      0         0"
"PFIZER INCCOM       717081103           1,3                 SH                  DEFINED                      0         0"
"PHILLIPS PCOM       718507106           2,3                 SH                  DEFINED                      0         0"
"PHOENIX COCOM       71902E109           2,3                 SH                  DEFINED                      0         0"
"PLACER DOMCOM       725906101           2,3                 SH                  DEFINED                      0         0"
"POTASH CORCOM       73755L107           2,3                 SH                  DEFINED                      0         0"
"POTLATCH CCOM       737628107           2,3                 SH                  DEFINED                      0         0"
"POTOMAC ELCOM       737679100           2,3                 SH                  DEFINED                      0         0"
"PRAXAIR INCOM       74005P104           2,3                 SH                  DEFINED                      0         0"
PRECISION COM       74022D100           3                   SH                  DEFINED                      0         0
PRESIDENTICOM       740884101           3                   SH                  DEFINED                      0         0
"PRIME HOSPCOM       741917108           2,3                 SH                  DEFINED                      0         0"
PROVIDIAN COM       74406A102           3                   SH                  DEFINED                      0         0
"PROVINCE HSB NT CV 1743977AA8           1,3                 PRN                 DEFINED"
"PROVINCE HSB NT CV 4743977AC4           1,3               1,PRN                 DEFINED"
"PROVINCE HCOM       743977100           1,3                 SH                  DEFINED                      0         0"
PUBLIC SERCOM       744499104           3                   SH                  DEFINED                      0         0
"PULTE CORPCOM       745867101           2,3                 SH                  DEFINED                      0         0"
"QUALCOMM ICOM       747525103           1,3                 SH                  DEFINED                      0         0"
"QUANTA SERSUB NT CON74762EAA0           1,3                 PRN                 DEFINED"
"QUANTA SERCOM       74762E102           1,3                 SH                  DEFINED                      0         0"
QUANTUM COCOM DSSG  747906204           3                   SH                  DEFINED                      0         0
"QWEST COMMCOM       749121109           1,2,3               SH                  DEFINED                      0         0"
R.H. DONNECOM NEW   74955W307           3                   SH                  DEFINED                      0         0
RADIAN GROCOM       750236101           3                   SH                  DEFINED                      0         0
"RADIO UNICCOM       75040Q106           2,3                 SH                  DEFINED                      0         0"
"RATIONAL SSUB BT CV 75409PAA1           1,3               2,PRN                 DEFINED"
"RAYTHEON CCOM NEW   755111507           2,3                 SH                  DEFINED                      0         0"
REPUBLIC BCOM       760282103           3                   SH                  DEFINED                      0         0
"RUSSELL COCOM       782352108           2,3                 SH                  DEFINED                      0         0"
"SANMINA COCOM       800907107           1,3                 SH                  DEFINED                      0         0"
"SANMINA COSUB NTCV 4800907AB3           1,3              2,4PRN                 DEFINED"
"SCANA CORPCOM       80589M102           2,3                 SH                  DEFINED                      0         0"
"SCHLUMBERGCOM       806857108           1,3                 SH                  DEFINED                      0         0"
"SCHULMAN (COM       808194104           2,3                 SH                  DEFINED                      0         0"
"SCIENTIFICCOM       808655104           2,3                 SH                  DEFINED                      0         0"
"SCUDDER INSH BEN INT811163104           2,3                 SH                  DEFINED                      0         0"
"SEMTECH COCOM       816850101           1,3                 SH                  DEFINED                      0         0"
"SEMTECH COSUB NT CV 816850AD3           1,3              2,4PRN                 DEFINED"
SERVICEMASCOM       81760N109           3                   SH                  DEFINED                      0         0
"SHERWIN WICOM       824348106           2,3                 SH                  DEFINED                      0         0"
"SHOPKO STOCOM       824911101           2,3                 SH                  DEFINED                      0         0"
"SIERRA PACCOM       826428104           2,3                 SH                  DEFINED                      0         0"
"SIRIUS SATCOM       82966U103           1,2,3            2,3SH                  DEFINED          2,3         0         0"
SLI INC   COM       78442T108           3                   SH                  DEFINED                      0         0
SOUTHTRUSTCOM       844730101           3                   SH                  DEFINED                      0         0
"SOUTHWEST COM       844741108           1,3                 SH                  DEFINED                      0         0"
"SOVEREIGN COM       845905108           2,3                 SH                  DEFINED                      0         0"
"SPANISH BRCL A      846425882           1,2,3               SH                  DEFINED                      0         0"
"SPRINT COREQUITY UNI852061605           1,2,3             1,SH                  DEFINED           1,         0         0"
"SPRINT CORCOM FON GR852061100           3,4                 SH                  DEFINED                      0         0"
"SPRINT CORPCS COM SE852061506          41,2,3,4           1,SH                  DEFINED           1,         0         0"
"STAR GAS PSR SUB UN 85512C204           2,3                 SH                  DEFINED                      0         0"
"STILWELL FCOM       860831106           1,2,3               SH                  DEFINED                      0         0"
"STILWELL FLYON ZERO 860831AA4           1,2,3         22,000PRN                 DEFINED"
"SUN MICROSCOM       866810104           1,3                 SH                  DEFINED                      0         0"
"TEEKAY SHICOM       Y8564W103           2,3                 SH                  DEFINED                      0         0"
"TEJON RANCCOM       879080109           2,3                 SH                  DEFINED                      0         0"
TELLABS INCOM       879664100           3                   SH                  DEFINED                      0         0
"TEXTRON INCOM       883203101           2,3                 SH                  DEFINED                      0         0"
"THE GAP INCOM       364760108           2,3                 SH                  DEFINED                      0         0"
"THOUSAND TCOM       885502104           2,3                 SH                  DEFINED                      0         0"
"TJX COS. ICOM       872540109           1,2,3               SH                  DEFINED                      0         0"
"TORCH OFFSCOM       891019101           2,3                 SH                  DEFINED                      0         0"
"TRANSOCEONORD       G90078109           1,3                 SH                  DEFINED                      0         0"
"TRENWICK GCOM       G9032C109           2,3              3,7SH                  DEFINED          3,7         0         0"
"TRIBUNE COCOM       896047107           1,2,3               SH                  DEFINED                      0         0"
TRINITY INCOM       896522109           3                   SH                  DEFINED                      0         0
"TRIZEC HAHSUB VTG   896938107           2,3                 SH                  DEFINED                      0         0"
"TVX GOLD ICOM NEW   87308K200           2,3                 SH                  DEFINED                      0         0"
"TYCO INTERCOM       902124106           1,3                 SH                  DEFINED                      0         0"
"TYCO INTL LYON ZERO 902124AC0          42,3           57,700PRN                 DEFINED"
"UAL CORP  COM PAR $0902549500           2,3                 SH                  DEFINED                      0         0"
UCAR INTERCOM       90262K109           3                   SH                  DEFINED                      0         0
"UGLY DUCKLCOM       903512101           2,3                 SH                  DEFINED                      0         0"
"UNIFI INC COM       904677101           2,3                 SH                  DEFINED                      0         0"
UNION PACICOM       907818108           3                   SH                  DEFINED                      0         0
"UNISYS CORCOM       909214108           2,3                 SH                  DEFINED                      0         0"
"UNITED PARCL B      911312106           1,3                 SH                  DEFINED                      0         0"
UNIVERSAL COM       913456109           3                   SH                  DEFINED                      0         0
"UNOCAL CORCOM       915289102           2,3                 SH                  DEFINED                      0         0"
"US BANCORPCOM NEW   902973304           2,3                 SH                  DEFINED                      0         0"
USFREIGHTWCOM       916906100           3                   SH                  DEFINED                      0         0
"USX - MARACOM NEW   902905827           2,3                 SH                  DEFINED                      0         0"
"USX - U S COM       90337T101           2,3                 SH                  DEFINED                      0         0"
"VALERO ENECOM       91913Y100           2,3                 SH                  DEFINED                      0         0"
VENTAS INCCOM       92276F100           3                   SH                  DEFINED                      0         0
"VERIZON COCOM       92343V104           1,3                 SH                  DEFINED                      0         0"
"VISTEON COCOM       92839U107           2,3                 SH                  DEFINED                      0         0"
"VODAFONE ASPONSORED 92857W100           2,3                 SH                  DEFINED                      0         0"
"W.P. STEWACOM       G84922106           2,3                 SH                  DEFINED                      0         0"
"WACHOVIA CCOM       929903102           2,3                 SH                  DEFINED                      0         0"
"WACKENHUT COM SER B 929794303           2,3                 SH                  DEFINED                      0         0"
"WAL MART SCOM       931142103           1,3                 SH                  DEFINED                      0         0"
"WATSON PHACOM       942683103           1,3                 SH                  DEFINED                      0         0"
"WELLS FARGCOM       949746101           1,3                 SH                  DEFINED                      0         0"
"WESTERN RECOM       959425109           2,3                 SH                  DEFINED                      0         0"
"WEYERHAEUSCOM       962166104           2,3                 SH                  DEFINED                      0         0"
WHIRLPOOL COM       963320106           3                   SH                  DEFINED                      0         0
"WILLIAMS CCOM       969457100           3,4                 SH                  DEFINED                      0         0"
"WISCONSIN COM       976657106           2,3                 SH                  DEFINED                      0         0"
"WORLDCOM IMCI GROUP 98157D304           1,3                 SH                  DEFINED                      0         0"
"WORLDCOM IWRLDCOM GP98157D106           2,3                 SH                  DEFINED                      0         0"
"XL CAPITALCL A      G98255105           1,2,3               SH                  DEFINED                      0         0"
"YOUNG BROACL A      987434107           2,3                 SH                  DEFINED                      0         0"

FORM 13F SUMMARY PAGE

Report Summary:

Number of Other Included Managers: 4

Form 13F Information Table Entry Total: 362

"Form 13F Information Table Value Total: 1,593,388.7     (in thousands)"



List of Other Included Managers:

No.       13F File Number      Name

    1       28-386            Continental Assurance Company
    2       28-387            Continental Casualty Company
    3       28-346            CNA Financial Corporation
    4       28-172            The Continental Corporation