The company said Loews Corporation net income attributable to Loews was $370 million ($1.74 per share) for Q1 2025, lower than $457 million ($2.05 per share) for Q1 2024.

1. 01

   The company said Loews Corporation net income attributable to Loews was $370 million ($1.74 per share) for Q1 2025, lower than $457 million ($2.05 per share) for Q1 2024.

2. 02

   CNA Financial's net income attributable to Loews was $252 million, down from $310 million a year earlier, and the Property and Casualty combined ratio rose to 98.4% from 94.6%, the company said. It cited unfavorable development of prior-year loss reserves as the main factor.

3. 03

   Boardwalk Pipelines' net income for Q1 2025 rose to $152 million from $121 million a year earlier, and its EBITDA increased 13% to $346 million, the company said. It attributed the gains to higher transportation revenues from higher re-contracting rates and recently completed growth projects.

4. 04

   The company said it repurchased 5.1 million shares of common stock for a total of $429 million since December 31, 2024. It said the parent company had $3.5 billion of cash and investments and $1.8 billion of debt as of March 31, 2025.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.