Loews reports Q1 2026 net income of $337M, down from $370M in 2025, driven by mixed results across segments.

Loews Corporation reported a net income of $337 million for Q1 2026, down from $370 million in Q1 2025. The decline was mainly due to lower underwriting results and unfavorable loss reserve developments at CNA Financial, partially offset by gains in Boardwalk Pipelines and Loews Hotels. Book value per share slightly increased to $90.90. The company repurchased 0.3 million shares for $31 million during the quarter. Despite some segment challenges, Loews maintains a strong cash position with $4.5 billion in cash and investments.