UK Markets closed

Loews Corporation (L)

NYSE - Nasdaq Real-time price. Currency in USD
Add to watchlist
62.79-0.15 (-0.24%)
As of 04:00PM EDT. Market open.

Loews Corporation

667 Madison Avenue
New York, NY 10065-8087
United States
212 521 2000
https://www.loews.com

Sector(s)Financial Services
IndustryInsurance—Property & Casualty
Full-time employees10,340

Key executives

NameTitlePayExercisedYear born
Mr. Jonathan M. TischCo-Chairman & Member of the Office of the Pres4.46M302.31k1954
Mr. James S. TischPres, CEO & Director5.22M1.04M1953
Mr. David B. EdelsonSr. VP & CFO4.95M917.06k1959
Mr. Kenneth I. SiegelSr. VP4.82M647.35k1957
Mr. Richard Waldo ScottSr. VP & Chief Investment OfficerN/AN/A1953
Mr. Mark S. SchwartzVP, Chief Accounting Officer & TreasurerN/AN/AN/A
Ms. Mary SkafidasVP of IR & Corp. CommunicationsN/AN/AN/A
Mr. Marc A. Alpert J.D.Sr. VP, Gen. Counsel & Corp. Sec.N/AN/A1963
Mr. Benjamin J. TischVP of Corp. Devel.N/AN/A1983
Ms. Laura K. CushingVP of HRN/AN/AN/A
Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Loews Corporation provides commercial property and casualty insurance in the United States and internationally. The company offers specialty insurance products, such as management and professional liability, and other coverage products; surety and fidelity bonds; property insurance products that include property, marine and boiler, and machinery coverages; and casualty insurance products, such as workers' compensation, general and product liability, and commercial auto and umbrella coverages. It also provides loss-sensitive insurance programs; and warranty, risk management, information, and claims administration services. The company markets its insurance products and services through independent agents, brokers, and managing general underwriters. In addition, the company is involved in the transportation and storage of natural gas and natural gas liquids(NGLs), and hydrocarbons through natural gas pipelines covering approximately 13,615 miles of interconnected pipelines; 450 miles of NGL pipelines in Louisiana and Texas; 14 underground storage fields with an aggregate gas capacity of approximately 213 billion cubic feet of natural gas; and eleven salt dome caverns and related brine infrastructure for providing brine supply services. Further, the company operates a chain of 26 hotels; and develops, manufactures, and markets a range of extrusion blow-molded and injection molded plastic containers for customers in the pharmaceutical, dairy, household chemicals, food/nutraceuticals, industrial/specialty chemicals, and water and beverage/juice segments, as well as manufactures commodity and differentiated plastic resins from recycled plastic materials. Loews Corporation was incorporated in 1969 and is headquartered in New York, New York.

Corporate governance

Loews Corporation’s ISS governance QualityScore as of 1 May 2022 is 8. The pillar scores are Audit: 10; Board: 9; Shareholder rights: 5; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.