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Loews L Total property & casualty operations — Loss from catastrophes
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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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