Company: L
Filing Date: 2025-02-11
Form Type: 10-K
Source: 0000060086-25-000036
Chunk: 352

Company: LOEWS CORP
Filing Date: 2025-02-11
Form: 10-K
Item: Item 3
Chunk 352
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— 5 Total$50 $37 $49 (a)Data presented for these calendar years is required supplemental information, which is unaudited.

129

SuretyCumulative Net Incurred Claim and Allocated Claim Adjustment ExpensesDecember 31, 2024December 312015 (a)2016 (a)2017 (a)2018 (a)2019 (a)2020 (a)2021 (a)2022 (a)2023 (a)2024 IBNRCumulative Number of Claims(In millions, except reported claims data)Accident Year            2015$131 $131 $104 $79 $63 $58 $53 $45 $45 $45 $2 5,103 2016124 124 109 84 67 64 58 43 43 3 5,577 2017120 115 103 84 71 66 67 67 3 5,909 2018114 108 91 62 56 51 49 6 6,297 2019119 112 98 87 82 82 8 6,229 2020128 119 81 67 57 3 4,827 2021137 129 110 91 45 4,884 2022155 158 132 74 4,893 2023175 169 138 4,378 2024171 145 2,940  Total$906 $427 Cumulative Net Paid Claim and Allocated Claim Adjustment ExpensesAccident Year2015$7 $26 $38 $40 $42 $44 $42 $42 $43 $43 20165 37 45 45 43 43 41 40 40 201723 37 41 46 49 62 62 63 20185 25 34 39 40 41 41 201912 34 44 59 70 74 20204 20 28 33 44 20215 20 35 42 202212 35 52 20238 27 202420 Total$446 Net liability for unpaid claim and allocated claim adjustment expenses for the accident years presented$460 Net liability for unpaid claim and claim adjustment