Loews Corporation
| Company type | Public |
|---|---|
| Industry | Conglomerate |
| Founded | 1946 (as hotel business) 1959 (as Loews Corporation) |
| Headquarters | Solow Building New York City, United States |
Key people |
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| Products | insurance, hotels, oil drilling, pipeline transport |
| Revenue | US$17.5 billion (2024) |
| US$1.87 billion (2024) | |
| US$1.41 billion (2024) | |
| Total assets | US$81.9 billion (2024) |
| Total equity | US$17.1 billion (2024) |
Number of employees | 13,000 (2024) |
| Subsidiaries |
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| Website | loews |
| Footnotes / references | |
Loews Corporation is an American conglomerate headquartered in New York City. The company's majority-stake holdings include CNA Financial Corporation, Boardwalk Pipelines, Loews Hotels and Altium Packaging.
Loews positions itself as a value investor with a long-term focus. The company has allocated significant capital for share buybacks, spending $1.3 billion on share repurchases in the three years ending December 31, 2012. Between 1971 and 2020, Loews reduced its shares outstanding from 1.3 billion to 291 million.