Loews Corp on Monday reported weakness in most of its business units including its flagship insurance business due to softer underwriting which was partially offset by returns on investments.
Its insurance unit’s core income decreased to $317 million in the fourth-quarter, from $342 million a year earlier, driven by lower underwriting and an unfavorable non-economic charge related to the asbestos and environmental pollution loss portfolio… [818 chars]
Source: Reuters | Published: 2026-02-09T14:29:46Z
Credit: Reuters
