Company: L
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0000060086-25-000166
Chunk: 86

Company: LOEWS CORP
Filing Date: 2025-08-04
Form: 10-Q
Item: Part I, Item 8
Chunk 86
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 presents available-for-sale fixed maturity securities by contractual maturity.June 30, 2025December 31, 2024Cost or Amortized CostEstimated Fair ValueCost or Amortized CostEstimated Fair Value(In millions)Due in one year or less$1,627 $1,611 $1,761 $1,753 Due after one year through five years12,083 11,843 11,678 11,403 Due after five years through ten years12,814 12,417 13,083 12,365 Due after ten years18,135 16,862 16,908 15,540 Total$44,659 $42,733 $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.

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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 June 30, 202520252024202320222021PriorTotal(In millions)               DSCR ≥1.6x       LTV less than 55%$33 $6 $5 $213 $257 LTV 55% to 65%$12 12 14 6 16 60 LTV greater than 65%30 12 42 DSCR 1.2x - 1.6xLTV less than 55%$68 28 5 2 130 233 LTV 55% to 65%13 33 31 21 30 36 164 LTV greater than 65%46 46 DSCR ≤1.2xLTV less than 55%6 21 27 LTV 55% to 65%37 16 74 20 147 LTV greater than 65%35 21 48 104 Total$62 $101 $126 $231 $76 $484 $1,080 (a)The values in the table above reflect DSCR on a