Loews Corporation
Loews Corporation is a well-established diversified holding company with businesses in the insurance, energy, hospitality and packaging industries. The company is focused on conservative financial management and long-term value creation for its shareholders. Loews operates a conglomerate with investments across four core sectors, each represented by a major subsidiary or operating business. Their subsidiaries include CNA Financial, Boardwalk Pipelines, Loews Hotels and Altium Packaging.
ABOUT LOEWS
Loews Corporation is a diversified conglomerate that has evolved from a single hotel investment into a multifaceted holding company with interests spanning insurance, energy, hospitality, and packaging industries.
The company employs a value investing approach, focusing on acquiring underperforming businesses and enhancing their operations for long-term growth.
They are known for their conservative financial management and have consistently repurchased their own shares when trading below book value.
CORE SUBSIDIARIES
CNA Financial.
CNA is one of the largest U.S. commercial property and casualty insurance companies, offering a broad range of standard and specialized insurance products and services for businesses and professionals in the U.S., Canada, and Europe.
Boardwalk Pipelines.
Fully owned by Loews, Boardwalk Pipelines operates as a master limited partnership in the midstream natural gas and natural gas liquids industry.
Loews Hotels & Co.
This subsidiary owns and operates 26 luxury hotels and resorts across the U.S. and Canada. The portfolio features properties grounded in family heritage and dedicated to delivering unscripted guest moments with a handcrafted approach.
Altium Packaging.
Loews owns a 53% stake in Altium Packaging, a leading manufacturer of rigid plastic packaging solutions in North America. Altium serves a diverse range of industries, including food and beverage, personal care, and household products.