Company: L
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0000060086-25-000181
Chunk: 160

Company: LOEWS CORP
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 2
Chunk 160
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867 1,251 319 2,437 Net earned premiums881 1,453 344 2,678 Underwriting gain60 106 28 194 Net investment income162 192 42 396 Core income176 233 47 456 Other performance metrics:Loss ratio60.6%66.1%59.1%63.4%Expense ratio32.526.132.729.1Dividend ratio0.20.50.3Combined ratio93.3%92.7%91.8%92.8%Less: Effect of catastrophe impacts2.7 0.6 1.5 Underlying combined ratio93.3%90.0%91.2%91.3%Underlying loss ratio60.6%63.4%58.5%61.9%Rate3%5%(6)%3%Renewal premium change46(3)4Retention86 79 83 81 New business$131 $324 $94 $549 

Three Months Ended September 30, 2024Gross written premiums$1,743 $1,547 $305 $3,595 Gross written premiums excluding third-party captives982 1,538 305 2,825 Net written premiums862 1,221 277 2,360 Net earned premiums848 1,325 311 2,484 Underwriting gain (loss)59 (3)12 68 Net investment income157 183 32 372 Core income171 139 36 346 Other performance metrics:Loss ratio60.1%72.0%62.5%66.7%Expense ratio32.727.733.630.2Dividend ratio0.20.50.3Combined ratio93.0%100.2%96.1%97.2%Less: Effect of catastrophe impacts9.6 5.1 5.8 Less: Effect of favorable development-related items(0.1)(0.7)(0.2)Underlying combined ratio93.0%90.7%91.7%91.6%Underlying loss ratio60.1%62.5%58.1%61.1%Rate6%(2)%3%Renewal premium change2%815Retention89848285New business$129 $345 $73 $547