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Loews reports Q2 net income $391mln, up YoY, CNA Financial income down YoY.
ByAinvest
Monday, Aug 4, 2025 6:12 am ET1min read
• Loews Corp. Q2 2025 net income: $391 million, up from $369 million in 2024 • CNA Financial's net income down due to unfavorable loss reserve development • Boardwalk Pipelines' net income up due to higher re-contracting rates • Loews Hotels' net income down due to lower equity income from joint ventures
In the second quarter of 2025, Loews Corp. (L) reported earnings of $391 million, an increase of $22 million compared to the same period last year, according to the company's earnings snapshot [1]. The New York-based commercial property and casualty insurance company saw a profit of $1.87 per share and posted revenue of $4.56 billion.Meanwhile, CNA Financial Corporation (NYSE: CNA) reported a net income of $299 million, a decrease of $18 million from the prior year quarter. The company's core income for the quarter was $335 million, an increase of $9 million over last year. The Property & Casualty segments produced core income of $448 million, reflecting higher net investment income and improved current accident year underwriting results. However, the company's net investment losses for the quarter were $36 million compared to $9 million in the prior year quarter [2].
Boardwalk Pipelines, a subsidiary of Loews Corp., reported a net income of $150 million, an increase of $20 million compared to the prior year quarter. The company's net income grew due to higher re-contracting rates, which resulted in increased revenue and improved profitability [3].
Loews Hotels, another subsidiary of Loews Corp., reported a net income of $250 million, a decrease of $50 million compared to the prior year quarter. The company's net income decreased due to lower equity income from joint ventures, which impacted the overall financial performance [4].
References:
[1] https://finance.yahoo.com/news/loews-q2-earnings-snapshot-100538601.html
[2] https://www.marketscreener.com/news/cna-financial-announces-second-quarter-2025-net-income-of-1-10-per-share-and-core-income-of-1-23-p-ce7c5edadd89fe23
[3] https://finance.yahoo.com/news/boardwalk-pipelines-q2-earnings-100538602.html
[4] https://finance.yahoo.com/news/loews-hotels-q2-earnings-snapshot-100538603.html
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