Company: L
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0000060086-25-000166
Chunk: 83

Company: LOEWS CORP
Filing Date: 2025-08-04
Form: 10-Q
Item: Part I, Item 8
Chunk 83
---
3,039 $45 $41,061 Fixed maturities trading766 766 Total fixed maturity securities$44,196 $715 $3,039 $45 $41,827 

12

The available-for-sale fixed maturity securities in a gross unrealized loss position for which an allowance for credit losses has not been recorded are as follows: Less than 12 Months12 Months or LongerTotalJune 30, 2025Estimated Fair ValueGross Unrealized LossesEstimated Fair ValueGross Unrealized LossesEstimated Fair ValueGross Unrealized Losses(In millions) Fixed maturity securities:Corporate and other bonds$4,252 $135 $9,515 $934 $13,767 $1,069 States, municipalities and political  subdivisions1,424 74 2,938 818 4,362 892 Asset-backed:Residential mortgage-backed372 9 1,966 418 2,338 427 Commercial mortgage-backed49 959 106 1,008 106 Other asset-backed580 18 1,419 195 1,999 213 Total asset-backed1,001 27 4,344 719 5,345 746 U.S. Treasury and obligations of  government-sponsored enterprises55 3 19 2 74 5 Foreign government145 3 294 23 439 26 Total fixed maturity securities$6,877 $242 $17,110 $2,496 $23,987 $2,738 December 31, 2024Fixed maturity securities:Corporate and other bonds$5,846 $165 $10,388 $1,140 $16,234 $1,305 States, municipalities and political  subdivisions1,247 52 2,967 783 4,214 835 Asset-backed:Residential mortgage-backed849 22 2,010 466 2,859 488 Commercial mortgage-backed180 2 988 139 1,168 141 Other asset-backed680 21 1,557 218 2,237 239 Total asset-backed1,709 45 4,555 823 6,264 868 U.S. Treasury and obligations of  government-sponsored enterprises49 1 41 90 1 Foreign government