Loews Corporation

Loews Corporation

Company type	Public
Traded as	NYSE: L S&P 500 component
Headquarters	New York City, United States
Key people	Andrew Tisch (co-chairman) Jonathan Tisch (co-chairman) James Tisch (president & CEO)
Products	insurance, hotels, oil drilling, pipeline transport
Revenue	US$15.9 billion (2023)
Operating income	US$1.99 billion (2023)
Net income	US$1.43 billion (2023)
Total assets	US$79.2 billion (2023)
Total equity	US$15.7 billion (2023)
Number of employees	12,280 (2023)
Subsidiaries	Altium Packaging (99%) Boardwalk Pipelines CNA Financial (89%) Loews Hotels
Website	loews.com
Footnotes / references [1]

Loews Corporation is an American conglomerate headquartered in New York City. The company's majority-stake holdings include CNA Financial Corporation, Boardwalk Pipeline Partners, Loews Hotels and Altium Packaging.

The corporation positions itself as a value investor with a long-term focus.^[2] In recent years, Loews has also allocated significant capital for share buybacks.^[3] In the three years ended December 31, 2012, Loews spent $1.3 billion repurchasing shares. Between 1971 and 2020, the corporation reduced its shares outstanding from 1.3 billion shares to 291 million shares.^[4]