Overview
Description
Loews Corporation is a diversified holding company that operates through its subsidiaries in various sectors. The company's primary function is to manage a diverse portfolio that includes businesses in the insurance, energy, hospitality, and packaging industries. Through its majority ownership in CNA Financial Corporation, Loews Corporation plays a significant role in the property and casualty insurance sector, offering various commercial insurance solutions. In the energy sector, Loews is involved through its subsidiary, Boardwalk Pipeline Partners, providing natural gas and liquid petroleum infrastructure solutions.
Additionally, Loews owns a controlling interest in Loews Hotels Holding Corporation, which manages and develops hotel properties across North America, adding a component of hospitality to its diverse holdings. The company also holds an interest in Altium Packaging, a manufacturer of plastic packaging solutions. Established in 1946 and headquartered in New York City, Loews Corporation is known for its strategic investments and long-term value creation, contributing significantly to each industry sector it is involved with, thereby solidifying its role as a major player in the diversified holdings space.
About
CEO
Mr. Benjamin J. Tisch
Employees
13000
Address
9 West 57th Street
New York, 10019-2714, NY
United States
New York, 10019-2714, NY
United States
Phone
212 521 2000
Website
Instrument type
Common stock
Sector
Financial Services
Industry
Insurance - Property & Casualty
Country
United States
MIC code
XNYS