Loews Q3 2021 Earnings Report
Key Takeaways
Loews Corporation reported a net income of $220 million for the third quarter of 2021, an increase compared to the $139 million net income in the third quarter of 2020. The positive results were driven by contributions from CNA Financial Corporation, Boardwalk Pipelines, and Loews Hotels & Co.
Loews Corporation reported a net income of $220 million for Q3 2021, compared to $139 million for Q3 2020.
CNA benefited from higher Property & Casualty non-catastrophe underwriting results and improved Life & Group business results.
Boardwalk Pipelines' revenues increased due to growth projects and higher system utilization.
Loews Hotels' results improved significantly due to the rebound in leisure travel.
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Loews Revenue by Segment
Forward Guidance
This document does not contain forward guidance. The section about forward looking statement describes the nature of forward looking statements and provides pointers to where further information can be found.
Revenue & Expenses
Visualization of income flow from segment revenue to net income