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

Company: LOEWS CORP
Filing Date: 2025-08-04
Form: 10-Q
Item: Part I, Item 1
Chunk 25
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 June 30, 2024, the portion of losses recognized in a prior period due to NPR exceeding 100% for certain cohorts which, due to favorable development, was reversed through net income were $6 million and $8 million.

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6. Shareholders’ Equity

Accumulated other comprehensive income (loss)The tables below present the changes in Accumulated other comprehensive income (loss) (“AOCI”) by component for the three and six months ended June 30, 2024 and 2025:Net Unrealized Gains (Losses) on Investments with an Allowance for Credit LossesNet Unrealized Gains (Losses) on Other InvestmentsCumulativeimpact ofchanges indiscountrates used tomeasure longdurationcontractsUnrealized Gains (Losses) on Cash Flow HedgesPension and Postretirement BenefitsForeign Currency TranslationTotal Accumulated Other Comprehensive Income (Loss)(In millions)Balance, April 1, 2024$(9)$(1,676)$(17)$10 $(530)$(179)$(2,401)Other comprehensive income (loss) before reclassifications, after tax of $1, $67, $(72), $1, $0 and $0(4)(250)273 (1)(10)8 Reclassification of losses from accumulated other comprehensive loss, after tax of $(1), $(1), $0, $0, $(1) and $04 6 6 16 Other comprehensive income (loss)— (244)273 (1)6 (10)24 Amounts attributable to noncontrolling interests19 (22)(3)Other(1)(2)1 (1)(3)Balance, June 30, 2024$(10)$(1,903)$234 $10 $(525)$(189)$(2,383)Balance, April 1, 2025$(15)$(1,463)$219 $6 $(223)$(209)$(1,685)Other comprehensive income (loss) before reclassifications, after tax of $2, $(12), $0, $1, $0 and $0(5)44 (3)(3) 130 163 Reclassification of losses from accumulated other comprehensive loss, after tax of $(2), $(10), $0, $0, $(1) and $06 30   1  37 Other comprehensive income (loss