Form 10-Q · Quarterly report

Loews Corporation 10-Q, filed Aug 3, 2026

Filed
CIK
0000060086
Accession no.
0000060086-26-000047
AI-generated summary

Summary

Loews Corporation reported second-quarter 2026 net income attributable to the company of $444 million, or $2.16 per share, up from $391 million, or $1.87 per share, a year earlier, driven by higher results at CNA Financial, Boardwalk Pipelines and Loews Hotels & Co. For the six months ended June 30, 2026, net income attributable to Loews was $781 million, or $3.79 per share, compared with $761 million, or $3.61 per share, in the comparable 2025 period.

Key points

  • Second-quarter net income attributable to Loews Corporation was $444 million, or $2.16 per share, versus $391 million, or $1.87 per share, a year earlier.
  • CNA Financial reported second-quarter net income attributable to Loews of $294 million, up from $274 million, while its six-month contribution fell to $488 million from $526 million.
  • Boardwalk Pipelines contributed $100 million in the second quarter, up from $88 million, and Loews Hotels & Co contributed $48 million, up from $28 million.
  • The six-month increase was driven by higher results at Loews Hotels & Co and Boardwalk Pipelines, partly offset by lower results at CNA and Corporate.

Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.

From the filing

Item 2. Management’s Discussion Overview 43 Results of Operations 44 Consolidated Financial Results 44 CNA Financial 45 Boardwalk Pipelines 54 Loews Hotels & Co 58 Corporate 59 Liquidity and Capital Resources 59 Parent Company 59 Subsidiaries 60 Investments 61 Catastrophes and Related Reinsurance 65 Critical Accounting Estimates 65 Accounting Standards Update 66 Forward-Looking Statements 66 OVERVIEW Loews Corporation is a holding company and has four reportable segments comprised of three individual consolidated operating subsidiaries, CNA Financial Corporation (“CNA”), Boardwalk Pipeline Partners, LP (“Boardwalk Pipelines”) and Loews Hotels Holding Corporation (“Loews Hotels & Co”); …

An excerpt of the text as filed with the SEC, cut for length.

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