Loews Company profile
About Loews Corporation
Loews Corporation is a holding company. The Company’s segments consist individual operating subsidiaries, including CNA Financial Corporation (CAN), Boardwalk Pipeline Partners, LP and Loews Hotels Holding Corporation (Loews Hotels) and Corporate segment. The CNA segment provides insurance products, such as commercial property and casualty coverage, including surety, and its services also include risk management, information services, warranty and claims administration. The CNA segment lead business, commercial property and casualty insurance operations include Specialty, Commercial and International lines of business. The Boardwalk Pipeline segment is engaged in the business of natural gas, natural gas liquids, hydrocarbons transportation and storage. The Boardwalk Pipelines segment is engaged in the business of transportation and storage of natural gas and natural gas liquids and hydrocarbons. Boardwalk owns and operates natural gas and liquids underground storage facilities.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, Loews Corporation revenues increased 16% to $14.69B. Net income totaled $1.58B vs. loss of $931M. Revenues reflect CNA Financial segment increase of 10% to $11.91B. Net Income reflects Expense Ratio -% - Hardy decrease of 7% to 33.1%, Interest decrease of 18% to $424M (expense). Dividend per share remained flat at $0.25.
Equity composition
Common Stock $.01 Par, 03/11, 1.8B auth., 415,136,329 issd., less 4,817,055,shs.,in Treas. @ $202M. Insider own 21.47%. PO:2/86, 4.5M shares @ $63.37 by Salomon Bros. 3/01, 12/95, 2-for-1 stock splits. 6/04 and 6/03 Q's = 6 months. 12/04 Q's = 6months. 05/06, 3-for-1 stock split.
Latest shares articles
![](https://img.capital.com/imgs/articles/384x2000x0/1350x880_-HP-_Newsquawk-light_1.png)
![Lloyds share price forecast: An attractive dividend stock?](https://img.capital.com/imgs/articles/384x2000x0/Hero-image-bank_1.png)
![Exterior of Infosys headquarters](https://img.capital.com/imgs/articles/384x2000x0/shutterstock_2035197281_0_0.jpg)
![Tesla logo atop of a Tesla Dealership illuminated at night.](https://img.capital.com/imgs/articles/384x2000x0/shutterstock_1494516293_0.jpg)