Company: L
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0000060086-25-000166
Chunk: 44

Company: LOEWS CORP
Filing Date: 2025-08-04
Form: 10-Q
Item: Part I, Item 1
Chunk 44
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,692 $2,065 $437 $4,194 Gross written premiums excluding third-party captives1,013 1,903 437 3,353 Net written premiums892 1,563 391 2,846 Net earned premiums862 1,402 324 2,588 Underwriting gain53 74 23 150 Net investment income170 206 38 414 Core income177 218 53 448 Other performance metrics:Loss ratio60.1%67.1%59.9%63.9%Expense ratio33.227.232.929.8Dividend ratio0.30.50.4Combined ratio93.6%94.8%92.8%94.1%Less: Effect of catastrophe impacts4.2 1.4 2.4 Underlying combined ratio93.6%90.6%91.4%91.7%Underlying loss ratio60.1%62.9%58.5%61.5%Rate3%5%(4)%3%Renewal premium change46(1)5Retention86 81 86 83 New business$122 $420 $103 $645 

Three Months Ended June 30, 2024Gross written premiums$1,728 $1,927 $417 $4,072 Gross written premiums excluding third-party captives984 1,802 417 3,203 Net written premiums857 1,458 359 2,674 Net earned premiums831 1,247 311 2,389 Underwriting gain60 39 25 124 Net investment income154 175 32 361 Core income169 167 44 380 Other performance metrics:Loss ratio59.2%68.0%59.1%63.8%Expense ratio33.228.532.830.7Dividend ratio0.30.50.3Combined ratio92.7%97.0%91.9%94.8%Less: Effect of catastrophe impacts6.1 2.0 3.5 Less: Effect of favorable development-related items(0.4)(0.1)(1.0)(0.3)Underlying combined ratio93.1%91.0%90.9%91.6%Underlying loss ratio59.6%62.