Chicago-based insurer CNA Financial Corporation has named John A. Beckman senior vice president and chief risk officer effective mid-January.

As chief risk officer, Mr. Beckman will be responsible for determining appropriate risk tolerances as well as measuring and monitoring risk throughout CNA.

CNA said his appointment will enhance the company's focus on enterprise risk management, which was led by executive vice president Mike Fusco in his dual role as chief risk officer and chief actuary. Mr. Fusco will continue as executive vice president and chief actuary.

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