LOEWS CORP
L · XNYSCIK 60086fmd_0MRA032YQYSR30BGT049SAV55YFinance, Insurance and Real Estate · Fire, Marine & Casualty InsuranceTemplate: Insurance
Coverage: Jan 01, 2007 to Sep 30, 2026, 75 periods
| Line item | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net premiums earned | 6,924 | 6,988 | 7,312 | 7,428 | 7,649 | 8,175 | 8,667 | 9,480 | 10,211 | 10,900 |
| Total revenues | 13,105 | 13,735 | 14,066 | 14,931 | 12,583 | 14,657 | 14,044 | 15,901 | 17,510 | 18,454 |
| Net interest income | – | – | – | – | – | – | – | – | – | – |
| Cost of revenue | 271 | 299 | 923 | 1,082 | – | – | – | – | – | – |
| Net investment income | 2,135 | 2,182 | 1,817 | 2,355 | 1,995 | 2,259 | 1,802 | 2,395 | 2,780 | 2,779 |
| Realized investment gains (losses) | 50 | 122 | (57) | 49 | (1,246) | 660 | (199) | (53) | (81) | (81) |
| Gross profit | 12,834 | 13,436 | 13,143 | 13,849 | – | – | – | – | – | – |
| Provision for credit losses | – | – | – | – | 21 | (10) | 8 | – | – | – |
| Losses and loss adjustment expenses | 5,283 | 5,310 | 5,572 | 5,806 | 6,170 | 6,371 | 6,653 | 7,068 | 7,738 | 8,294 |
| Policy acquisition costs | 1,235 | 1,233 | 1,335 | 1,383 | 1,410 | 1,443 | 1,490 | 1,644 | 1,798 | 1,898 |
| Total benefits, losses and expenses | 12,169 | 12,153 | 13,232 | 13,812 | 14,047 | 12,497 | 12,930 | 13,905 | 15,636 | 16,171 |
| Interest expense | 536 | 646 | 574 | 591 | 515 | 424 | 378 | 376 | 441 | 437 |
| Income before taxes | 936 | 1,582 | 834 | 1,119 | (1,464) | 2,160 | 1,114 | 1,996 | 1,874 | 2,283 |
| Income tax expense | 220 | 170 | 128 | 248 | (173) | 475 | 223 | 451 | 380 | 511 |
| Net income from continuing operations | 716 | 1,412 | 706 | 871 | (1,291) | 1,685 | 891 | 1,545 | 1,494 | 1,772 |
| Net income | 654 | 1,164 | 636 | 932 | (931) | 1,562 | 822 | 1,434 | 1,414 | 1,667 |