L - Loews Corporation

NYSE - NYSE Delayed Price. Currency in USD

Loews Corporation

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

SectorFinancial Services
IndustryInsurance - Property & Casualty
Full Time Employees18,100

Key Executives

NameTitlePayExercisedYear Born
Mr. Jonathan M. TischCo-Chairman3.81MN/A1954
Mr. James S. TischPres, CEO & Director4.5MN/A1953
Mr. David B. EdelsonSr. VP & CFO4.3MN/A1959
Mr. Kenneth I. SiegelSr. VP3.93MN/A1957
Mr. Richard Waldo ScottSr. VP & Chief Investment OfficerN/AN/A1953
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Loews Corporation, through its subsidiaries, provides commercial property and casualty insurance in the United States, Canada, the United Kingdom, Continental Europe, and Singapore. The company offers management and professional liability insurance and risk management services, and other specialized property and casualty coverages; commercial surety and fidelity bonds; and warranty and alternative risk services primarily for vehicles and cell phones. Its commercial property insurance products include standard and excess property, marine, and boiler and machinery coverages; and casualty insurance products comprise workers' compensation, general and product liability, commercial auto, and umbrella coverages. The company also provides loss-sensitive insurance programs; and risk management, information, and claims administration services. It markets its insurance products and services primarily through independent agents, brokers, and managing general underwriters. In addition, the company owns and operates 17 offshore drilling rigs consisting of 4 drillships; and 7 ultra-deepwater, 4 deepwater, and 2 mid-water semisubmersible rigs. Further, it is involved in the transportation and storage of natural gas and natural gas liquids (NGLs). It owns and operates natural gas pipelines covering approximately 13,880 miles of interconnected pipelines; approximately 455 miles of NGL pipelines in Louisiana and Texas; and underground storage fields with aggregate working gas capacity of approximately 205.0 billion cubic feet of natural gas. Additionally, it operates 24 hotels in the United States and Canada. The company was founded in 1954 and is headquartered in New York, New York.

Corporate Governance

Loews Corporation’s ISS Governance QualityScore as of April 1, 2018 is 9. The pillar scores are Audit: 1; Board: 10; Shareholder Rights: 4; Compensation: 9.

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 a 10 indicates higher governance risk.