Loews Corporation (0JVI.L) LSE

Currency In USD

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Loews Corporation

Address

667 Madison Avenue

New York City, NY 10065-8087

United States of America (the)

Phone

212 521 2000

Sector

Financial Services

Industry

Insurance - Property & Casualty

Employees

13000

First IPO Date

January 29, 2018

Key Executives

NameTitlePayYear Born
Benjamin J. TischChief Executive Officer, President & Director3.76M1983
Peter W. KeeganSenior Advisor to the President2.72M1945
Jane J. WangSenior Vice President & Chief Financial Officer3.61M1982
Alexander H. TischVP & Director3.77M1978
David Eugene CzernieckiSenior Vice President & Chief Investment Officer4.02M1965
Kenneth I. SiegelSenior Vice President5.89M1957
Chris NugentVice President of Investor Relations & Corporate Development0N/A
Ira AltmanVice President of Human Resources0N/A
Marc A. AlpertSenior Vice President, General Counsel & Corporate Secretary01963
Mark S. SchwartzVice President, Chief Accounting Officer & Treasurer0N/A
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Description

Operating both domestically and globally, Loews Corporation delivers a comprehensive suite of commercial property and casualty insurance solutions. Their offerings span specialty coverages, including professional and management liability, along with surety and fidelity bonds. Property-related policies encompass general property, marine, boiler, and machinery protection, while casualty options feature workers' compensation, general and product liability, commercial auto, and umbrella coverage. Beyond core policies, Loews also provides adjustable loss-sensitive programs, warranty services, risk management consultation, data provision, and claims processing. These insurance products and services reach clients via a network of independent agents, brokers, and managing general underwriters. Furthermore, the company plays a significant role in the energy sector, focusing on the movement and warehousing of natural gas, natural gas liquids (NGLs), and various hydrocarbons. Its extensive infrastructure includes roughly 13,615 miles of interconnected natural gas pipelines, complemented by 450 miles of NGL pipelines specifically located in Louisiana and Texas. For storage, Loews maintains 14 subterranean fields capable of holding an estimated 213 billion cubic feet of natural gas, alongside eleven salt dome caverns equipped with brine infrastructure for supply operations. The corporation also manages a portfolio of 26 hotel properties. Additionally, Loews is engaged in the development, production, and distribution of diverse plastic containers, utilizing both extrusion blow-molding and injection molding techniques. These containers serve a broad clientele across industries such as pharmaceuticals, dairy, household and industrial chemicals, food/nutraceuticals, and the water/beverage/juice sectors. The company also produces both standard and specialized plastic resins, notably from recycled plastic sources. Established in 1969, Loews Corporation maintains its primary corporate offices in New York, New York.

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