v3.25.1
Segments (Details)
$ in Millions
 3 Months Ended
Mar. 31, 2025
USD ($)
segment
subsidiary
Mar. 31, 2024
USD ($)
Dec. 31, 2024
USD ($)
Segments:      
Number of reportable segments | segment 4    
Number of individual operating subsidiaries | subsidiary 3    
Revenues:      
Insurance premiums $ 2,626 $ 2,441  
Net investment income 608 669  
Investment losses (9) (22)  
Non-insurance warranty revenue 397 407  
Operating revenues and other 872 736  
Total 4,494 4,231  
Expenses:      
Insurance claims and policyholders’ benefits 2,027 1,807  
Amortization of deferred acquisition costs 471 444  
Non-insurance warranty expense 385 394  
Operating expenses and other 991 880  
Equity method (income) loss 1 (26)  
Interest 105 103  
Total 3,980 3,602  
Income before income tax 514 629  
Income tax expense (122) (144)  
Net income 392 485  
Amounts attributable to noncontrolling interests (22) (28)  
Net income attributable to Loews Corporation 370 457  
Assets:      
Assets 83,142 80,906 $ 81,943
Operating Expenses and Other:      
Insurance related administrative expenses 321 287  
Operating expenses and other 345 260  
Depreciation and amortization 131 127  
Other 194 206  
Operating expenses and other 991 880  
Operating Segments | CNA Financial      
Revenues:      
Insurance premiums 2,626 2,441  
Net investment income 604 609  
Investment losses (9) (22)  
Non-insurance warranty revenue 397 407  
Operating revenues and other 9 9  
Total 3,627 3,444  
Expenses:      
Insurance claims and policyholders’ benefits 2,027 1,807  
Amortization of deferred acquisition costs 471 444  
Non-insurance warranty expense 385 394  
Operating expenses and other 363 337  
Equity method (income) loss  
Interest 32 35  
Total 3,278 3,017  
Income before income tax 349 427  
Income tax expense (75) (89)  
Net income 274 338  
Amounts attributable to noncontrolling interests (22) (28)  
Net income attributable to Loews Corporation 252 310  
Assets:      
Assets 67,288 65,038  
Operating Expenses and Other:      
Insurance related administrative expenses 321 287  
Operating expenses and other  
Depreciation and amortization  
Other 42 50  
Operating expenses and other 363 337  
Operating Segments | CNA Financial | Total pretax (favorable) unfavorable development      
Assets:      
Loss from catastrophes 97 88  
Total pretax (favorable) unfavorable development 83 (7)  
Operating Segments | Boardwalk Pipelines      
Revenues:      
Insurance premiums  
Net investment income 1 4  
Investment losses  
Non-insurance warranty revenue  
Operating revenues and other 621 513  
Total 622 517  
Expenses:      
Insurance claims and policyholders’ benefits  
Amortization of deferred acquisition costs  
Non-insurance warranty expense  
Operating expenses and other 381 312  
Equity method (income) loss  
Interest 39 43  
Total 420 355  
Income before income tax 202 162  
Income tax expense (50) (41)  
Net income 152 121  
Amounts attributable to noncontrolling interests  
Net income attributable to Loews Corporation 152 121  
Assets:      
Assets 9,919 10,415  
Operating Expenses and Other:      
Insurance related administrative expenses  
Operating expenses and other 192 122  
Depreciation and amortization 106 106  
Other 83 84  
Operating expenses and other 381 312  
Operating Segments | Loews Hotels & Co      
Revenues:      
Insurance premiums  
Net investment income 3 2  
Investment losses  
Non-insurance warranty revenue  
Operating revenues and other 242 214  
Total 245 216  
Expenses:      
Insurance claims and policyholders’ benefits  
Amortization of deferred acquisition costs  
Non-insurance warranty expense  
Operating expenses and other 231 209  
Equity method (income) loss (6) (27)  
Interest 16 6  
Total 241 188  
Income before income tax 4 28  
Income tax expense (4) (12)  
Net income 0 16  
Amounts attributable to noncontrolling interests  
Net income attributable to Loews Corporation 0 16  
Assets:      
Assets 2,500 2,441  
Operating Expenses and Other:      
Insurance related administrative expenses  
Operating expenses and other 153 138  
Depreciation and amortization 24 21  
Other 54 50  
Operating expenses and other 231 209  
Segment Reconciling Items | Corporate      
Revenues:      
Insurance premiums  
Net investment income 54  
Investment losses  
Non-insurance warranty revenue  
Operating revenues and other  
Total 0 54  
Expenses:      
Insurance claims and policyholders’ benefits  
Amortization of deferred acquisition costs  
Non-insurance warranty expense  
Operating expenses and other 16 22  
Equity method (income) loss 7 1  
Interest 18 19  
Total 41 42  
Income before income tax (41) 12  
Income tax expense 7 (2)  
Net income (34) 10  
Amounts attributable to noncontrolling interests  
Net income attributable to Loews Corporation (34) 10  
Assets:      
Assets 3,435 3,012  
Operating Expenses and Other:      
Insurance related administrative expenses  
Operating expenses and other  
Depreciation and amortization 1  
Other 15 22  
Operating expenses and other $ 16 $ 22