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LOEWS CORP

For the period ended May 12, 2026. Filed Apr 1, 2026.

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About this filing

What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.

May 12, 2026 · Filed Apr 1, 2026

L$109.71-1.3%Stored close · as of Nov 6, 2026
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 14A

Proxy Statement Pursuant to Section 14(a) of the

Securities Exchange Act of 1934 (Amendment No. )

Filed by the Registrant ☒

Filed by a Party other than the Registrant ☐

Check the appropriate box:

☐ Preliminary Proxy Statement

☐ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))

☒ Definitive Proxy Statement

☐ Definitive Additional Materials

☐ Soliciting Material under §240.14a-12

LOEWS CORPORATION

(Name of Registrant as Specified In Its Charter)

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

Payment of Filing Fee (Check the appropriate box):

☒ No fee required.

☐ Fee paid previously with preliminary materials.

☐ Fee computed on table below per Exchange Act Rules 14a-6(i)(l) and 0-11.

9 West 57th StreetNew York, NY 10019-2714

Notice of 2026 Annual Meeting of Shareholders

AGENDA:DATE:Tuesday, May 12, 2026TIME:11:00 a.m. New York City TimePLACE:Loews Regency New York Hotel540 Park Avenue,New York, New York 10065RECORD DATE:March 17, 2026
1To elect the ten directors named in this proxy statement;
2To approve, on an advisory basis, the company’s executive compensation;
3To ratify the appointment of our independent auditors for 2026; and
4To transact such other business as may properly come before the meeting or any adjournment or postponement thereof.

Shareholders of record at the close of business on March 17, 2026 are entitled to notice of and to vote at the meeting and any adjournment or postponement.

YOUR VOTE IS IMPORTANT. PLEASE VOTE AS PROMPTLY AS POSSIBLE BY USING THE INTERNET OR TELEPHONE, OR IF YOU RECEIVED A PAPER COPY OF THE PROXY MATERIALS, BY SIGNING, DATING AND RETURNING THE ACCOMPANYING PROXY CARD.

By order of the Board of Directors,

Marc A. Alpert

Senior Vice President, General Counsel and Secretary

April 1, 2026

Contents

Proxy Statement Summary1
Proposal No. 1: Election of Directors3
Director Nominating Process3
Director Independence4
Director Nominees5
Board Governance Information9
Corporate Governance9
Board Leadership Structure9
Board Committees10
Board Evaluation Process11
Executive Sessions of Non-Management Directors12
Director Attendance at Meetings12
Board Oversight of Risk Management13
Share Ownership Guidelines for Directors14
Director Compensation14
Transactions with Related Persons15
Stock Ownership16
Principal Shareholders16
Director and Officer Holdings17
Proposal No. 2: Advisory Resolution to Approve Executive Compensation19
Executive Compensation20
Compensation Discussion and Analysis20
Executive Summary20
Compensation Governance23
Compensation Program Structure and Process24
2025 Compensation to Our Named Executive Officers30
Other Considerations34
Compensation Committee Report on Executive Compensation35
Compensation Committee Interlocks and Insider Participation35
2025 Executive Compensation Tables36
2025 Summary Compensation Table36
2025 Grants of Plan-Based Awards38
2025 Outstanding Equity Awards at Fiscal Year-End39
2025 Option Exercises and Stock Vested40
Pension Plans40
Nonqualified Deferred Compensation41
Potential Payments Upon Termination42
Pay Versus Performance43
CEO Pay Ratio46
Proposal No. 3: Ratification of the Appointment of Our Independent Auditors47
Audit Fees and Services47
Auditor Engagement Pre-Approval Policy48
Audit Committee Report49
Additional Information50
Voting50
Other Matters51
Submissions of Nominations or Other Proposals for Our 2027 Annual Meeting52
Communicating with Our Board52

We are providing this Proxy Statement in connection with the solicitation by our Board of Directors (our “Board”) of proxies to be voted at our 2026 Annual Meeting of Shareholders (our “Annual Meeting”), which will be held at the Loews Regency New York Hotel, 540 Park Avenue, New York, New York 10065, on Tuesday, May 12, 2026, at 11:00 a.m. New York City Time.

Our mailing address is 9 West 57th Street, New York, New York 10019. Please note that throughout this Proxy Statement we refer to Loews Corporation as “we,” “us,” “our,” “Loews” or the “company.”

Information and reports on websites that we refer to in this Proxy Statement will not be deemed a part of, or otherwise incorporated by reference in, this Proxy Statement.

ContentsView on SEC.gov

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