L 📈 Loews - Overview

Loews Corporation is a diversified conglomerate with a significant presence in the insurance industry, providing a wide range of commercial property and casualty insurance products to clients in the United States and internationally. The company's insurance offerings include specialty insurance products, such as management and professional liability, as well as surety and fidelity bonds, which are designed to protect businesses from various types of risks. Additionally, Loews Corporation offers property insurance products, including standard and excess property, marine and boiler, and machinery coverages, which help businesses to mitigate potential losses due to damage or destruction of their assets. The company also provides casualty insurance products, such as workers' compensation, general and product liability, and commercial auto, surplus, and umbrella coverages, which are designed to protect businesses from liabilities arising from accidents, injuries, or other unforeseen events.

Loews Corporation's insurance products and services are marketed through a network of independent agents, brokers, and managing general underwriters, which enables the company to reach a wide range of clients across different industries and geographies. The company also offers loss-sensitive insurance programs, which are designed to provide customized insurance solutions to businesses with unique risk profiles. Furthermore, Loews Corporation provides warranty, risk management, information, and claims administration services, which help businesses to manage and mitigate risks more effectively. The company's insurance operations are supported by a strong underwriting discipline, which enables it to maintain a stable and profitable book of business over the long term.

In addition to its insurance operations, Loews Corporation is also involved in the transportation and storage of natural gas and natural gas liquids, and hydrocarbons through a network of natural gas pipelines covering approximately 13,455 miles of interconnected pipelines. The company also operates 855 miles of NGL pipelines in Louisiana and Texas, as well as 14 underground storage fields with an aggregate gas capacity of approximately 199.5 billion cubic feet of natural gas. This infrastructure enables Loews Corporation to provide a range of energy-related services, including natural gas transportation, storage, and processing. The company's energy operations are supported by a team of experienced professionals, who have a deep understanding of the energy industry and its complexities.

Loews Corporation's diversified business portfolio also includes a chain of 25 hotels, which are operated under various brands and offer a range of accommodations and services to business and leisure travelers. The company's hotel operations are focused on providing high-quality service and amenities to guests, while also maintaining a strong focus on operational efficiency and profitability. Additionally, Loews Corporation is involved in the development, manufacture, and marketing of a range of extrusion blow-molded and injection molded plastic containers, which are used by customers in various industries, including pharmaceuticals, dairy, household chemicals, and food and beverages. The company's plastic container business is supported by a strong research and development capability, which enables it to develop innovative and customized packaging solutions for its clients.

Loews Corporation was incorporated in 1969 and is headquartered in New York, New York. The company's common stock is listed on the New York Stock Exchange under the ticker symbol L, and it is classified as a multi-line insurance company under the Global Industry Classification Standard (GICS). With a long history of operations and a diversified business portfolio, Loews Corporation has established itself as a stable and profitable company, with a strong track record of delivering value to its shareholders and customers. The company's website can be accessed at https://www.loews.com, and its ISIN is US5404241086.