---
schema_version: "secwatch.filing_event.v1"
accession: "0000060086-23-000132"
form_type: "8-K"
ticker: "L"
cik: "0000060086"
company_name: "LOEWS CORP"
filed_at: "2023-07-31T23:59:59+00:00"
generated_at: "2026-06-12T22:26:17.551975+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Loews Q2 2023 net income $360M ($1.58) vs $167M ($0.68) YoY; shares repurchased 1.8M for $107M

## Summary
- Net income $360M ($1.58 per share) vs $167M ($0.68) in Q2 2022; increase driven by CNA and parent investment income.
- CNA net income attributable to Loews $255M vs $170M; core income $308M; net written premiums +10% ex-FX; combined ratio 93.8% vs 91.0%.
- Parent company investment income improved to $9M vs -$51M loss; benefiting from short-term rates and equity returns.
- Loews repurchased 1.8M shares for $107M in Q2, plus 0.6M shares for $37M in early Q3.
- Book value per share ex-AOCI rose to $78.56 from $74.88 at Dec 31, 2022; retired $500M senior notes at maturity.

## SEC filing metadata
- accession: 0000060086-23-000132
- form_type: 8-K
- ticker: L
- cik: 0000060086
- company_name: LOEWS CORP
- filed_at: 2023-07-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/60086/000006008623000132/0000060086-23-000132-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/60086/000006008623000132/l-20230731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000060086-23-000132
- JSON: https://secwatch.observer/filing/0000060086-23-000132.json
- Plain text: https://secwatch.observer/filing/0000060086-23-000132.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.