Company: L
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0000060086-25-000181
Chunk: 13

Company: LOEWS CORP
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 1
Chunk 13
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12,365 Due after ten years18,883 18,078 16,908 15,540 Total$44,858 $43,636 $43,430 $41,061 Actual maturities may differ from contractual maturities because certain securities may be called or prepaid. Securities not due at a single date are allocated based on weighted average life.

16

Mortgage LoansThe following table presents the amortized cost basis of mortgage loans for each credit quality indicator by year of origination. The primary credit quality indicators utilized are debt service coverage ratios (“DSCR”) and loan-to-value (“LTV”) ratios.Mortgage Loans Amortized Cost Basis by Origination Year (a)As of September 30, 202520252024202320222021PriorTotal(In millions)               DSCR ≥1.6x       LTV less than 55%$18 $33 $6 $5 $210 $272 LTV 55% to 65%12 15 6 16 49 LTV greater than 65%30 12 42 DSCR 1.2x - 1.6xLTV less than 55%$68 28 5 2 93 196 LTV 55% to 65%55 33 38 21 19 28 194 LTV greater than 65%23 46 69 DSCR ≤1.2xLTV less than 55%6 34 21 61 LTV 55% to 65%37 17 39 15 108 LTV greater than 65%34 22 48 104 Total$133 $101 $134 $230 $66 $431 $1,095 (a)The values in the table above reflect DSCR on a standardized amortization period and LTV ratios based on the most recent appraised values trended forward using changes in a commercial real estate price index.Derivative Financial InstrumentsA summary of the aggregate contractual or notional amounts and gross estimated fair values related to derivative financial instruments follows. The contractual or notional amounts for derivatives are used to calculate the exchange of contractual payments under related agreements and may not be representative of the potential for gain or loss on these instruments. Gross estimated fair values of derivative positions are currently presented in Equity securities, Receivables and Pay