Loews 1Q Profit Falls on Higher Insurance Claims

Dow Jones

05/04

By Nicholas G. Miller

Loews reported lower first-quarter profit dragged down by higher insurance claims and policyholders' benefits for the company's CNA Financial business.

The New York-based operator of insurance, energy and hotel businesses posted net income of $337 million, or $1.63 a share, down from $370 million, or $1.74 a share, the year prior.

Net income for the company's CNA Financial business, which provides business insurance, fell to $194 million from $252 million the year before. Insurance claims and policyholders' benefits increased to $2.18 billion from $2.03 billion.

Total company revenue rose to $4.56 billion from $4.49 billion a year earlier.

Write to Nicholas G. Miller at nicholas.miller@wsj.com.

(END) Dow Jones Newswires

May 04, 2026 06:17 ET (10:17 GMT)

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Miller \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Loews reported lower first-quarter profit dragged down by higher insurance claims and policyholders' benefits for the company's CNA Financial business. \n</p>\n<p>\n  The New York-based operator of insurance, energy and hotel businesses posted net income of $337 million, or $1.63 a share, down from $370 million, or $1.74 a share, the year prior. \n</p>\n<p>\n  Net income for the company's CNA Financial business, which provides business insurance, fell to $194 million from $252 million the year before. Insurance claims and policyholders' benefits increased to $2.18 billion from $2.03 billion. \n</p>\n<p>\n  Total company revenue rose to $4.56 billion from $4.49 billion a year earlier. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Nicholas G. Miller at nicholas.miller@wsj.com. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 04, 2026 06:17 ET (10:17 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"L","symbol_name":"洛斯公司","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2632934745","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2632934745","pubTimestamp":1777889820,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Loews reported lower first-quarter profit dragged down by higher insurance claims and policyholders' benefits for the company's CNA Financial business.The New York-based operator of insurance, energy and hotel businesses posted net income of $337 million, or $1.63 a share, down from $370 million, or $1.74 a share, the year prior.Net income for the company's CNA Financial business, which provides business insurance, fell to $194 million from $252 million the year before. Insurance claims and policyholders' benefits increased to $2.18 billion from $2.03 billion.Total company revenue rose to $4.56 billion from $4.49 billion a year earlier.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"L":"洛斯公司","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4107":"财产与意外伤害保险","BK4588":"碎股","LU2487616109.SGD":"JPM AMERICA EQUITY \"A\" (SGD) ACC","BK4585":"ETF&股票定投概念","LU0210528500.USD":"JPM AMERICA EQUITY \"A\" ACC"},"translate_title":"Loews第一季度利润因保险索赔增加而下降","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"L":0.9},"content_text":"By Nicholas G. Miller \n\n\n \n\n\n  Loews reported lower first-quarter profit dragged down by higher insurance claims and policyholders' benefits for the company's CNA Financial business. \n\n\n  The New York-based operator of insurance, energy and hotel businesses posted net income of $337 million, or $1.63 a share, down from $370 million, or $1.74 a share, the year prior. \n\n\n  Net income for the company's CNA Financial business, which provides business insurance, fell to $194 million from $252 million the year before. Insurance claims and policyholders' benefits increased to $2.18 billion from $2.03 billion. \n\n\n  Total company revenue rose to $4.56 billion from $4.49 billion a year earlier. \n\n\n \n\n\n  Write to Nicholas G. Miller at nicholas.miller@wsj.com. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 04, 2026 06:17 ET (10:17 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}