LOEWS CORP
For the period ended Dec 31, 2025. Filed Feb 10, 2026.
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FY2025 · Filed Feb 10, 2026
L$109.94+0.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| Assets: | ||
|---|---|---|
| December 31 | 2025 | 2024 |
| (Dollar amounts in millions, except per share data) | ||
| Investments: | ||
| Fixed maturities, amortized cost of $45,250 and $44,196, less allowance for credit loss of $69 and $45 | $43,984 | $41,827 |
| Equity securities, cost of $1,201 and $969 | 1,292 | 1,064 |
| Limited partnership investments | 2,861 | 2,520 |
| Other invested assets, primarily mortgage loans, less allowance for credit loss of $15 and $35 | 1,195 | 1,113 |
| Short-term investments | 6,044 | 4,606 |
| Total investments | 55,376 | 51,130 |
| Cash | 495 | 541 |
| Receivables | 10,983 | 10,522 |
| Property, plant and equipment | 10,695 | 10,738 |
| Goodwill | 349 | 347 |
| Deferred non-insurance warranty acquisition expenses | 3,220 | 3,525 |
| Deferred acquisition costs of insurance subsidiaries | 986 | 959 |
| Other assets | 4,244 | 4,181 |
| Total assets | $86,348 | $81,943 |
| Liabilities and Equity: | ||
|---|---|---|
| December 31 | 2025 | 2024 |
| (Dollar amounts in millions, except per share data) | ||
| Insurance reserves: | ||
| Claim and claim adjustment expense | $26,599 | $24,976 |
| Future policy benefits | 13,448 | 13,158 |
| Unearned premiums | 7,635 | 7,346 |
| Total insurance reserves | 47,682 | 45,480 |
| Payable to brokers | 53 | 110 |
| Short-term debt | 1,052 | 5 |
| Long-term debt | 8,437 | 8,939 |
| Deferred income taxes | 839 | 550 |
| Deferred non-insurance warranty revenue | 4,138 | 4,530 |
| Other liabilities | 4,506 | 4,392 |
| Total liabilities | 66,707 | 64,006 |
| Commitments and contingent liabilities | ||
| Shareholders’ equity: | ||
| Preferred stock, $0.10 par value: | ||
| Authorized – 100,000,000 shares | ||
| Common stock, $0.01 par value: | ||
| Authorized – 1,800,000,000 shares | ||
| Issued – 206,003,999 and 214,912,595 shares | 2 | 2 |
| Additional paid-in capital | 2,374 | 2,490 |
| Retained earnings | 17,377 | 16,459 |
| Accumulated other comprehensive loss | (1,067) | (1,867) |
| 18,686 | 17,084 | |
| Less treasury stock, at cost (0 and 212,251 shares) | — | (18) |
| Total shareholders’ equity | 18,686 | 17,066 |
| Noncontrolling interests | 955 | 871 |
| Total equity | 19,641 | 17,937 |
| Total liabilities and equity | $86,348 | $81,943 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.