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Jun 30, 2022
Loews Q2 2022 Earnings Report
Loews Corporation reported net income for the second quarter of 2022.
Key Takeaways
Loews Corporation reported a net income of $180 million for the second quarter of 2022, a decrease compared to $754 million in the same period of 2021. The decrease was primarily driven by lower net investment income, partially offset by higher property & casualty underwriting income and improved results at Loews Hotels & Co.
Loews Corporation reported net income of $180 million, or $0.73 per share, for the second quarter of 2022.
Net income for the six months ended June 30, 2022 was $518 million, or $2.09 per share.
Loews Hotels & Co achieved its highest net income quarter in over a decade.
CNA’s best ever underlying combined ratio of 90.8%.
Revenue by Segment
Forward Guidance
No specific forward guidance was provided in the press release.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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