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Loews L Total property & casualty operations — Loss from catastrophes

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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:LossFromCatastrophes.

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

(a) Significant segment expenses within Insurance claims and policyholders’ benefits include catastrophe losses of $88 million and unfavorable net prior year loss reserve development of $100 million. Net prior year loss reserve development does not include the effects of interest accretion and change in allowance for uncollectible reinsurance and deductible amounts.

Item 1. Financial Statements (unaudited)

FAQ

What is Loews's total property & casualty operations — loss from catastrophes?
Loews (L) reported total property & casualty operations — loss from catastrophes of $88M in Q1 2026.
How has Loews's total property & casualty operations — loss from catastrophes changed year-over-year?
Loews's total property & casualty operations — loss from catastrophes decreased by 9.3% year-over-year, from $97M to $88M.
What is the long-term trend for Loews's total property & casualty operations — loss from catastrophes?
Over 3 years (2022 to 2025), Loews's total property & casualty operations — loss from catastrophes has grown at a -1.0% compound annual growth rate (CAGR), from $247M to $240M.
What does total property & casualty operations — loss from catastrophes mean?
This metric quantifies the pretax financial impact of large-scale, unpredictable events such as natural disasters, hurricanes, or wildfires on the property and casualty insurance portfolio. It measures the volatility of underwriting results caused by external environmental factors that fall outside of normal operational loss expectations. Monitoring this helps investors assess the company's exposure to catastrophic risk and the effectiveness of its reinsurance strategy.

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