Company: L
Filing Date: 2025-02-11
Form Type: 10-K
Source: 0000060086-25-000036
Chunk: 349

Company: LOEWS CORP
Filing Date: 2025-02-11
Form: 10-K
Item: Item 3
Chunk 349
---
Workers’ compensation3,543 Other property and casualty operations3,257 Total net liability for unpaid claim and claim adjustment expenses$18,334 

127

Medical Professional LiabilityCumulative Net Incurred Claim and Allocated Claim Adjustment ExpensesDecember 31, 2024December 312015 (a)2016 (a)2017 (a)2018 (a)2019 (a)2020 (a)2021 (a)2022 (a)2023 (a)2024 IBNRCumulative Number of Claims(In millions, except reported claims data)Accident Year            2015$433 $499 $510 $494 $488 $510 $501 $498 $494 $494 $11 18,228 2016427 487 485 499 508 510 508 514 513 16 16,195 2017412 449 458 460 455 460 456 463 18 15,384 2018404 429 431 448 470 495 499 28 15,331 2019430 445 458 471 469 481 43 14,515 2020477 476 455 447 419 100 11,289 2021377 376 374 349 117 9,935 2022329 329 333 143 9,965 2023340 350 162 10,424 2024343 278 8,561  Total$4,244 $916 Cumulative Net Paid Claim and Allocated Claim Adjustment ExpensesAccident Year2015$22 $101 $230 $313 $384 $420 $444 $458 $463 $471 201618 121 246 339 401 436 460 483 489 201719 107 235 308 355 388 417 427 201821 115 211 290 349 418 453 201917 91 183 280 349 395 202011 61 139 201 258 202111 49 118 170 202210 57 122 202314 86 202413 Total$2,884 Net liability for unpaid claim and allocated claim adjustment expenses for the accident years presented$1,360 Net liability