v3.25.2
Segments (Details)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2025
USD ($)
Jun. 30, 2024
USD ($)
Jun. 30, 2025
USD ($)
segment
subsidiary
Jun. 30, 2024
USD ($)
Dec. 31, 2024
USD ($)
Segments:          
Number of reportable segments | segment     4    
Number of individual operating subsidiaries | subsidiary     3    
Revenues:          
Insurance premiums $ 2,694 $ 2,498 $ 5,320 $ 4,939  
Net investment income 714 639 1,322 1,308  
Investment losses (46) (10) (55) (32)  
Non-insurance warranty revenue 398 404 795 811  
Operating revenues and other 795 736 1,667 1,472  
Total 4,555 4,267 9,049 8,498  
Expenses:          
Insurance claims and policyholders’ benefits 2,085 1,882 4,112 3,689  
Amortization of deferred acquisition costs 469 435 940 879  
Non-insurance warranty expense 384 388 769 782  
Operating expenses and other 989 968 1,980 1,848  
Equity method (income) loss (18) (27) (17) (53)  
Interest 107 114 212 217  
Total 4,016 3,760 7,996 7,362  
Income before income tax 539 507 1,053 1,136  
Income tax (expense) benefit (123) (112) (245) (256)  
Net income 416 395 808 880  
Amounts attributable to noncontrolling interests (25) (26) (47) (54)  
Net income attributable to Loews Corporation 391 369 761 826  
Assets:          
Assets 84,668 81,057 84,668 81,057 $ 81,943
Operating Expenses and Other:          
Insurance related administrative expenses 337 329 658 616  
Operating expenses 324 313 669 573  
Depreciation and amortization 144 133 275 260  
Other 184 193 378 399  
Operating expenses and other 989 968 1,980 1,848  
Operating Segments | CNA Financial          
Revenues:          
Insurance premiums 2,694 2,498 5,320 4,939  
Net investment income 662 618 1,266 1,227  
Investment losses (46) (10) (55) (32)  
Non-insurance warranty revenue 398 404 795 811  
Operating revenues and other 9 9 18 18  
Total 3,717 3,519 7,344 6,963  
Expenses:          
Insurance claims and policyholders’ benefits 2,085 1,882 4,112 3,689  
Amortization of deferred acquisition costs 469 435 940 879  
Non-insurance warranty expense 384 388 769 782  
Operating expenses and other 368 378 731 715  
Equity method (income) loss  
Interest 31 34 63 69  
Total 3,337 3,117 6,615 6,134  
Income before income tax 380 402 729 829  
Income tax (expense) benefit (81) (85) (156) (174)  
Net income 299 317 573 655  
Amounts attributable to noncontrolling interests (25) (26) (47) (54)  
Net income attributable to Loews Corporation 274 291 526 601  
Assets:          
Assets 68,891 65,149 68,891 65,149  
Operating Expenses and Other:          
Insurance related administrative expenses 337 329 658 616  
Operating expenses  
Depreciation and amortization  
Other 31 49 73 99  
Operating expenses and other 368 378 731 715  
Operating Segments | CNA Financial | Total pretax (favorable) unfavorable development          
Assets:          
Loss from catastrophes 62 82 159 170  
Total pretax (favorable) unfavorable development 108 23 191 16  
Operating Segments | Boardwalk Pipelines          
Revenues:          
Insurance premiums  
Net investment income 3 9 4 13  
Investment losses  
Non-insurance warranty revenue  
Operating revenues and other 534 479 1,155 992  
Total 537 488 1,159 1,005  
Expenses:          
Insurance claims and policyholders’ benefits  
Amortization of deferred acquisition costs  
Non-insurance warranty expense  
Operating expenses and other 380 347 761 659  
Equity method (income) loss  
Interest 40 47 79 90  
Total 420 394 840 749  
Income before income tax 117 94 319 256  
Income tax (expense) benefit (29) (24) (79) (65)  
Net income 88 70 240 191  
Amounts attributable to noncontrolling interests  
Net income attributable to Loews Corporation 88 70 240 191  
Assets:          
Assets 10,048 10,475 10,048 10,475  
Operating Expenses and Other:          
Insurance related administrative expenses  
Operating expenses 177 165 369 287  
Depreciation and amortization 120 108 226 214  
Other 83 74 166 158  
Operating expenses and other 380 347 761 659  
Operating Segments | Loews Hotels & Co          
Revenues:          
Insurance premiums  
Net investment income 2 3 5 5  
Investment losses  
Non-insurance warranty revenue  
Operating revenues and other 252 248 494 462  
Total 254 251 499 467  
Expenses:          
Insurance claims and policyholders’ benefits  
Amortization of deferred acquisition costs  
Non-insurance warranty expense  
Operating expenses and other 226 225 457 434  
Equity method (income) loss (29) (32) (35) (59)  
Interest 18 14 34 20  
Total 215 207 456 395  
Income before income tax 39 44 43 72  
Income tax (expense) benefit (11) (9) (15) (21)  
Net income 28 35 28 51  
Amounts attributable to noncontrolling interests  
Net income attributable to Loews Corporation 28 35 28 51  
Assets:          
Assets 2,477 2,480 2,477 2,480  
Operating Expenses and Other:          
Insurance related administrative expenses  
Operating expenses 147 148 300 286  
Depreciation and amortization 24 24 48 45  
Other 55 53 109 103  
Operating expenses and other 226 225 457 434  
Segment Reconciling Items | Corporate          
Revenues:          
Insurance premiums  
Net investment income 47 9 47 63  
Investment losses  
Non-insurance warranty revenue  
Operating revenues and other  
Total 47 9 47 63  
Expenses:          
Insurance claims and policyholders’ benefits  
Amortization of deferred acquisition costs  
Non-insurance warranty expense  
Operating expenses and other 15 18 31 40  
Equity method (income) loss 11 5 18 6  
Interest 18 19 36 38  
Total 44 42 85 84  
Income before income tax 3 (33) (38) (21)  
Income tax (expense) benefit (2) 6 5 4  
Net income 1 (27) (33) (17)  
Amounts attributable to noncontrolling interests  
Net income attributable to Loews Corporation 1 (27) (33) (17)  
Assets:          
Assets 3,252 2,953 3,252 2,953  
Operating Expenses and Other:          
Insurance related administrative expenses  
Operating expenses  
Depreciation and amortization 1 1 1  
Other 15 17 30 39  
Operating expenses and other $ 15 $ 18 $ 31 $ 40