Loews reports quarterly weakness as insurance underwriting struggles

Loews Corp reported core income declines in its insurance business due to softer underwriting. Higher investment returns helped offset the quarterly losses.

洞察:
Loews Corporation reported weaker fourth-quarter performance in its insurance business on Monday, as lower underwriting results at its flagship subsidiary and an unfavorable non-economic charge weighed on consolidated earnings. According to the company’s earnings release, core insurance income was reduced by a charge tied to an asbestos and environmental pollution loss portfolio transfer at CNA Financial Corporation . While higher net investment income partially offset the weakness in underwriting, the combined impact resulted in a decrease in reported results for the period ending December 31, 2025.
The CNA Financial logo and a rising stock graph are seen in this illustration taken on January 31, 2025. REUTERS/Dado Ruvic/Illustration/File Photo
The CNA Financial logo and a rising stock graph are seen in this illustration taken on January 31, 2025. REUTERS/Dado Ruvic/Illustration/File Photo
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