Company: L
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0000060086-25-000181
Chunk: 47

Company: LOEWS CORP
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 1
Chunk 47
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503 575 137 1,215  Other performance metrics:Loss ratio60.7%68.7%60.3%65.0%Expense ratio33.026.932.929.7Dividend ratio0.30.50.4Combined ratio94.0%96.1%93.2%95.1%Less: Effect of catastrophe impacts4.3 1.8 2.6 Less: Effect of unfavorable development-related items0.4 1.30.8 Underlying combined ratio93.6%90.5%91.4%91.7%Underlying loss ratio60.3%63.1%58.5%61.6%Rate3%5%(4)%3%Renewal premium change47(1)5Retention87 82 85 83 New business$365 $1,114 $280 $1,759 

Nine Months Ended September 30, 2024    Gross written premiums$5,153 $5,160 $1,096 $11,409 Gross written premiums excluding third-party captives2,846 5,022 1,096 8,964 Net written premiums2,511 4,017 896 7,424 Net earned premiums2,493 3,774 937 7,204 Underwriting gain195 65 58 318 Net investment income461 534 95 1,090 Core income517 464 117 1,098  Other performance metrics:Loss ratio59.3%69.7%60.6%64.9%Expense ratio32.528.133.130.3Dividend ratio0.30.50.4Combined ratio92.1%98.3%93.7%95.6%Less: Effect of catastrophe impacts7.5 3.0 4.3 Less: Effect of favorable development-related items(0.3)(0.5)(0.2)Underlying combined ratio92.4%90.8%91.2%91.5%Underlying loss ratio59.6%62.2%58.1%60.8% Rate1%6%4%Renewal premium change282%5Retention89848185New business$341 $1,117 $213 $1,671 

Three Months Ended September 30