Company: L
Filing Date: 2025-02-11
Form Type: 10-K
Source: 0000060086-25-000036
Chunk: 155

Company: LOEWS CORP
Filing Date: 2025-02-11
Form: 10-K
Item: Item 3
Chunk 155
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 416 67 34,377 2020477 466 446 414 393 107 29,481 2021468 454 432 421 116 30,126 2022497 489 478 148 33,428 2023555 551 233 36,822 2024574 325 34,332         Total$4,232 $1,216  Cumulative Net Paid Claim and Allocated Claim Adjustment ExpensesAccident Year          2015$51 $131 $180 $212 $231 $243 $251 $256 $259 $261 201653 129 169 198 219 227 234 235 238 201763 151 207 243 265 279 287 293 201868 163 229 259 280 298 307 201971 169 223 262 291 310 202065 147 200 228 246 202167 164 222 256 202279 192 258 202387 209 2024111  Total$2,489   Net liability for unpaid claim and allocated claim adjustment expenses for the accident years presented$1,743 Net liability for unpaid claim and claim adjustment expenses for accident years prior to 20151,757 Other (b)(22)Liability for unallocated claim adjustment expenses for accident years presented65 Total net liability for unpaid claim and claim adjustment expenses $3,543 Net Strengthening (Releases) of Prior Accident Year ReservesYears Ended December 31         Total Accident Year          2015$9 $(25)$2 $(14)$(12)$(10)$(19)$(19)$(10)$(98)2016 (21)(9)(14)(16)(11)(24)(23)(15)(133) 2017 (8)(11)(21)2 (3)(1)(15)(57) 2018 (10)(12)(13)— (11)(5)(51) 2019 (3)(12)(1)(17)(3)(36) 2020 (11)(20)(32)(21)(84) 2021 (14)(22)(11)(47) 2022 (8)(11)(19) 2023(4)(4) Total net development