Company: L
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0000060086-25-000166
Chunk: 85

Company: LOEWS CORP
Filing Date: 2025-08-04
Form: 10-Q
Item: Part I, Item 8
Chunk 85
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 and Other Bonds Asset-backedTotal (In millions)Allowance for credit losses:Balance as of April 1, 2025$15 $32 $47 Additions to the allowance for credit losses:Securities for which credit losses were not previously recorded3 3 Reductions to the allowance for credit losses:Securities disposed during the period (realized)6 6 Additional increases to the allowance for credit losses on securities that had an allowance recorded in a previous period2 5 7 Total allowance for credit losses$14 $37 $51 

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Three months ended June 30, 2024Corporate and Other BondsAsset-backedTotal(In millions)Allowance for credit losses:Balance as of April 1, 2024$3 $17 $20 Reductions to the allowance for credit losses:Securities disposed during the period (realized)3 1 4 Additional increases to the allowance for credit losses on securities that had an allowance recorded in a previous period1 1 Total allowance for credit losses$— $17 $17 Six months ended June 30, 2025Corporate and Other BondsAsset-backedTotal(In millions)   Allowance for credit losses:   Balance as of January 1, 2025$13 $32 $45 Additions to the allowance for credit losses:Securities for which credit losses were not previously recorded3 3 Reductions to the allowance for credit losses:Securities disposed during the period (realized)6 6 Additional increases to the allowance for credit losses on securities that had an allowance recorded in a previous period4 5 9 Total allowance for credit losses$14 $37 $51 Six months ended June 30, 2024Corporate and Other BondsAsset-backedTotal(In millions)   Allowance for credit losses:   Balance as of January 1, 2024$4 $12 $16 Reductions to the allowance for credit losses:Securities disposed during the period (realized)3 1 4 Intent to sell or more likely than not will be required to sell thesecurity before recovery of its amortized cost basis1 1 Additional increases to the allowance for credit losses on securities that had an allowance recorded in a previous period6 6 Total allowance for credit losses$— $17 $17 

15

Contractual MaturityThe following table