Company: L
Filing Date: 2025-02-11
Form Type: 10-K
Source: 0000060086-25-000036
Chunk: 152

Company: LOEWS CORP
Filing Date: 2025-02-11
Form: 10-K
Item: Item 3
Chunk 152
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 304 298 303 14 29,182 2021397 388 390 393 51 33,028 2022437 465 496 90 37,230 2023554 620 202 42,345 2024726 447 40,718  Total$3,745 $820 Cumulative Net Paid Claim and Allocated Claim Adjustment ExpensesAccident Year2015$52 $96 $130 $153 $172 $175 $178 $179 $180 $182 201652 93 126 154 175 185 190 192 193 201758 107 150 178 203 225 232 235 201866 128 175 212 238 249 256 201977 147 203 257 295 312 202071 134 197 246 276 202183 168 240 305 2022112 236 334 2023127 270 2024153 Total$2,516 Net liability for unpaid claim and allocated claim adjustment expenses for the accident years presented$1,229 Net liability for unpaid claim and claim adjustment expenses for accident years prior to 20151 Liability for unallocated claim adjustment expenses for accident years presented17 Total net liability for unpaid claim and claim adjustment expenses$1,247 Net Strengthening (Releases) of Prior Accident Year ReservesYears Ended December 31Total Accident Year2015$(2)$(9)$— $(7)$(2)$2 $(1)$2 $— $(17)2016(12)— — 4 5 5 (3)(2)(3)2017(1)2 21 11 7 2 — 42 2018(2)— 18 9 1 5 31 20199 23 34 2 2 70 2020(7)1 (6)5 (7)2021(9)2 3 (4)202228 31 59 202366 66 Total net development for the accident years presented above46 28 110 Total net development for accident years prior to 20153 2 (3)Total unallocated claim adjustment expense development— 3 — Total$49 $33 $107 (a)