Investor Presentation - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
October 31, 2022 Newswires
Share
Share
Post
Email

Investor Presentation

U.S. Regulated Equity Markets (Alternative Disclosure) via PUBT

Investor Presentation

October 2022

2022 Q3

Legal Disclaimers

Forward Looking Statements and Risk Factors. The information presented herein is generally available from public sources, including our and our subsidiaries' earnings releases and SEC filings. We urge you to read those documents, and we specifically direct you to the forward-looking statements, disclaimers and risk factors they contain. The primary purpose of this presentation is to help you understand how we view our Company and our subsidiaries, not to update our or our subsidiaries' filings or correct any forecasts - we categorically do not give guidance. Conditions faced by our various businesses may have changed - for better or worse - since the time periods reflected in this presentation and we disclaim any obligation to update the information presented herein. Any statements made in addressing our or our subsidiaries' results are not meant as an indication of the Company's or our subsidiaries' performance since the time of our or our subsidiaries' latest public filings and disclosures.

There are a number of important risk factors that could cause the actual results for each of the companies discussed in this presentation to differ from those expressed in forward-looking statements contained herein, including those risk factors discussed in detail in annual and quarterly reports and other filings made with the SEC by Loews Corporation and its consolidated subsidiaries: CNA Financial Corporation and Boardwalk Pipelines. Given these risk factors, investors and analysts should not place undue reliance on forward-looking statements.

Non-GAAPFinancial Measures. Certain financial information presented herein includes non-GAAP financial measures. Management believes some investors may find these measures useful in evaluating our and our subsidiaries' performance. These non-GAAP measures are reconciled to GAAP numbers herein. We present non-GAAP measures only as a supplement to our financial statements based on GAAP. Please note that because all companies do not use identical calculations for non-GAAP measures, our presentation of these non-GAAP measures may not be comparable to similarly titled measures of other companies.

Where You Can Find More Information. Annual, quarterly and other reports filed with the SEC by Loews Corporation and its consolidated subsidiaries: CNA Financial Corporation and Boardwalk Pipeline Partners, LP contain important additional information about those companies and we urge you to read this presentation together with those filings, copies of which are available, as applicable, at the corporate websites of Loews Corporation at www.loews.comand such subsidiaries at www.cna.comand www.bwpipelines.com, or at the SEC's website at www.sec.gov.

  • To view the most recent SEC filings ofLoews Corporation,http://ir.loews.com/phoenix.zhtml?c=102789&p=irol-sec
  • To view the most recent SEC filings ofCNA Financial Corporation,https://investor-relations.cna.com/financial/latest-financials
  • To view the most recent SEC filings ofBoardwalk Pipeline Partners, LPhttps://www.bwpipelines.com/news-and-media/sec-filings/

2

Loews Corporation Overview

Loews is a diversified holding company operating in the insurance, energy, hospitality and

packaging industries.

Long-term

view,

diversified

portfolio, one class of stock

$3.2 billion Cash

& Investments

$2.3 billion Debt

$13.8 billion Market Cap

Publicly

Traded

Privately

Held

Property &

$8.2 billion

90.0%

Net Earned Premiums

Casualty

Ownership

$11.4 billion

Insurance

Market Cap

Natural Gas &

100%

$834 million

NGL Midstream

Ownership

EBITDA1

Deluxe & Luxury

100%

16,445 System-wide

Hotels

Ownership

Guest Rooms2

Balance sheet and ownership data is as of September 30, 2022, unless noted. Market cap data is as of October 28, 2022. All other data is for the year ended December 31, 2021.

  1. See Appendix - "Boardwalk EBITDA" for reconciliation of EBITDA, a non-GAAP measure, to pretax income.
  2. See page titled "Loews Hotels & Co - Portfolio" for additional disclosure.

Rigid Plastic

53%

$1.2 billion

Packaging

Ownership

Net Sales

3

Loews Investment Highlights

  • Long history of conservative financial management and shareholder value creation
  • Strong and consistent dividends from subsidiaries
  • Prudent capital allocation strategy
  • Strong liquidity with a portfolio of cash and investments in excess of parent company debt
  • Focus on maintaining single-A credit ratings at parent company

4

Financial Performance

2022 Q3

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Loews Corporation published this content on 29 October 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 October 2022 10:30:36 UTC.

Older

Earnings Document

Newer

Renalytix Reports Full Year Fiscal 2022 Results

Advisor News

  • A rising retirement challenge: The license to spend
  • Financial stress leaves less room for retirement saving
  • Giving while you’re living: 3 frequently asked questions about gifting
  • Helping clients prepare for one of their biggest retirement expenses
  • Important year-end financial conversations every advisor must have
More Advisor News

Annuity News

  • A rising retirement challenge: The license to spend
  • What lower interest rates mean to annuity payouts
  • AM Best downgrades A-Cap insurers amid financial and regulatory troubles
  • Lawsuit claims Delaware Life hid billions in insurer-linked investments
  • AM Best to Deliver Presentation at 2026 ACLI Annual Conference
More Annuity News

Health/Employee Benefits News

  • Healthcare workers see rising insurance costs Healthcare workers face soaring health insurance costs
  • Franklin County Seeks Case Aide for Children and Youth Services
  • As immigrant Medicaid cuts take effect, some in WA can keep their coverage
  • WNY urology practice plans ‘fresh start’ outside Kaleida, with insurance questions ahead
  • This Edina doctor isn’t dead, no matter what UnitedHealth told you
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • AM Best Affirms Credit Ratings of Protective Life Corporation and Its Key Subsidiaries
  • ICICI Life Insurance names Sidharatha Mishra managing director, CEO
  • Lawsuit alleges companies collected $30 million in ‘illegal wager on human life’
  • Florida suspends Atlantic Coast Life from writing policies in the state
  • U.S. News & World Report Announces Winners of the 2027 Life Insurance Companies Awards
Sponsor
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
  • Classic Car Insurer OpenRoad Insurance Expands to 40 U.S. States in Two Years
  • How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber
  • Adjusto launches AI-Native contents claims services powered by its technology platform
  • URL Insurance Group Celebrates 40 Years of Service, Growth, and Industry Leadership
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.