Ranking Profile - Loews Corp

Introduction

Loews Corp (Loews) is a diversified holding company. It offers a range of insurance solutions through its subsidiaries. The company provides commercial property and casualty insurance, business interruption insurance, builders risk insurance, equipment breakdown insurance, workers compensation insurance, medical and scientific equipment insurance, dealers physical damage insurance, electronic data processing insurance, medical and scientific equipment insurance, errors and omissions insurance and property insurance solutions. It offers services such as risk management, information services, vehicle warranty services, claims administration services, natural gas pipeline and storage services and natural gas exploration services. It also provides hotels and resorts services through its subsidiary, Loews Hotels Holding Corporation. The company has presence in the US, Canada, Bermuda, and the UK. Loews is headquartered in New York, the US. The company reported direct earned premiums of US$13,524 million for the fiscal year ended December 2022 (FY2022), an increase of 4.1% over that in FY2021. Its net earned premiums were US$8,667 million in FY2022, an increase of 6% over that in FY2021.