Company: L
Filing Date: 2025-02-11
Form Type: 10-K
Source: 0000060086-25-000036
Chunk: 197

Company: LOEWS CORP
Filing Date: 2025-02-11
Form: 10-K
Item: Item 15
Chunk 197
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 109 39  640 1,604 904  Investing Activities:Investments in and advances to subsidiaries2 (217)(137)Change in investments, primarily short-term27 29 30 Other(11)(9)29 (199)(116) Financing Activities:Dividends paid(55)(57)(61)Purchases of treasury shares(608)(849)(729)Payment of debt(500)Other(4)(5)(7) (667)(1,411)(797) Net change in cash2 (6)(9)Cash, beginning of year4 10 19 Cash, end of year$6 $4 $10 (a)Cash dividends paid to the Company by affiliates amounted to approximately $1.3 billion, $1.0 billion and $1.0 billion for the years ended December 31, 2024, 2023 and 2022.

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  SCHEDULE V

LOEWS CORPORATION AND SUBSIDIARIESSupplemental Information Concerning Property and Casualty Insurance OperationsConsolidated Property and Casualty Operations     December 3120242023(In millions)     Deferred acquisition costs$959 $896 Reserves for unpaid claim and claim adjustment expenses24,97623,304Discount deducted from claim and claim adjustment expense reserves above (based on interest rates ranging from 3.5% to 6.6%)615647Unearned premiums7,3466,933Year Ended December 31202420232022(In millions)       Net written premiums$10,605 $9,892 $9,128 Net earned premiums10,211 9,480 8,667 Net investment income2,396 2,163 1,751 Incurred claim and claim adjustment expenses related to current year6,330 5,667 5,181 Incurred claim and claim adjustment expenses related to prior years42 48 (32)Amortization of deferred acquisition costs1,798 1,644 1,490 Paid claim and claim adjustment expenses5,189 4,601 4,302 

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