Loews Corporation on Monday reported higher profit for the third quarter, mainly supported by growth in insurance premiums.
Net income increased to $504 million, or $2.43 per share, from $401 million, or $1.82 per share a year ago.
Income before income tax rose to $689 million from $550 million a year earlier.
Revenue grew 4.6% to $4.671 billion, driven by higher insurance premiums of $2.783 billion, up from $2.593 billion a year ago.
Net investment income, however, slightly declined to $743 million from $776 million last year.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.