LOEWS CORP

For the period ended Dec 31, 2024. Filed Feb 11, 2025.

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FY2024 · Filed Feb 11, 2025

L$109.94+0.2%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statements of Operations

Year Ended December 31	2024	2023	2022
(In millions, except per share data)
Revenues:
Insurance premiums	$10,211	$9,480	$8,667
Net investment income	2,780	2,395	1,802
Investment losses	(81)	(53)	(199)
Non-insurance warranty revenue	1,609	1,624	1,574
Operating revenues and other	2,991	2,455	2,200
Total	17,510	15,901	14,044
Expenses:
Insurance claims and policyholders’ benefits (re-measurement loss of $(125), $(88), and $(214))	7,738	7,068	6,653
Amortization of deferred acquisition costs	1,798	1,644	1,490
Non-insurance warranty expense	1,547	1,544	1,471
Operating expenses and other	4,170	3,393	3,077
Equity method income	(58)	(120)	(139)
Interest	441	376	378
Total	15,636	13,905	12,930
Income before income tax	1,874	1,996	1,114
Income tax expense	(380)	(451)	(223)
Net income	1,494	1,545	891
Amounts attributable to noncontrolling interests	(80)	(111)	(69)
Net income attributable to Loews Corporation	$1,414	$1,434	$822
Basic net income per share	$6.42	$6.30	$3.39
Diluted net income per share	$6.41	$6.29	$3.38
Basic weighted average number of shares outstanding	220.26	227.48	242.83
Diluted weighted average number of shares outstanding	220.53	227.81	243.28

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.