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Loews L Unearned premiums

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Other financials

Income statement

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Revenue$4.7B+3.9%
Net income$444.0M+13.6%
EPS (diluted)$2.16+15.5%

Balance sheet

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Cash & equivalents$843.0M+50.5%
Total debt$8.9B-0.1%
Total equity$18.7B+8.8%
Total assets$85.7B+3.0%

Cash flow

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Operating cash flow$72.0M-90.2%
CapEx$204.0M+108%
Free cash flow-$132.0M-121%

Valuation

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Market cap$23.66B+21.2%
Enterprise value$31.75B+8.3%
P/E14×-0.4×
P/S1.3×+0.2×

Profitability

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Gross margin92.8%
Net margin9%+1.6pp
FCF margin10.4%-6.4pp

Returns & leverage

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Return on equity9.1%+1.2pp
Debt / equity0.5×0.0×

Where this comes from

Reported directly by Loews in its filing.

Tagged under the XBRL concept us-gaap:UnearnedPremiums.

The source filing: Loews’s 10-Q, filed May 4, 2026.

Filed
May 4, 2026, 9:52 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000060086-26-000032
Line itemMarch 31, 2026December 31, 2025
Insurance reserves:
Claim and claim adjustment expense$26,933$26,599
Future policy benefits13,19513,448
Unearned premiums7,6467,635
Total insurance reserves47,77447,682
Payable to brokers20653
Short-term debt11,052
Long-term debt8,9338,437

Item 1. Financial Statements (unaudited)

FAQ

What is Loews's unearned premiums?
Loews (L) reported unearned premiums of $7.65B in Q1 2026.
How has Loews's unearned premiums changed year-over-year?
Loews's unearned premiums increased by 1.9% year-over-year, from $7.5B to $7.65B.
What is the long-term trend for Loews's unearned premiums?
Over 5 years (2020 to 2025), Loews's unearned premiums has grown at a 8.3% compound annual growth rate (CAGR), from $5.12B to $7.64B.
What does unearned premiums mean?
Unearned premiums represent the portion of insurance premiums collected in advance that relate to the unexpired period of the policy. Because the insurer has not yet provided the coverage for this period, it is recorded as a liability. As time passes and the coverage is provided, this amount is recognized as earned revenue.

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