| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Fixed maturities available-for-sale-Fixed Maturities Available For Sale | 43,180 | NaN | NaN | NaN |
| Fair Value Inputs Level1 | 390 | NaN | NaN | NaN |
| Fair Value Inputs Level2 | 0 | NaN | NaN | NaN |
| Fair Value Inputs Level3 | 0 | NaN | NaN | NaN |
| Fixed maturities trading-Fixed Maturities Trading | 390 | NaN | NaN | NaN |
| Fixed maturities, amortized cost of 45,250 and 44,196, less allowance for credit loss of 69 and 45 | NaN | 43,984 | 44,116 | 43,357 |
| Fixed maturities, amortized cost of 45,400 and 45,250, less allowance for credit loss of 75 and 69 | 43,570 | NaN | NaN | NaN |
| Equity securities, cost of 1,372 and 1,201 | 1,354 | 1,292 | 1,295 | 1,294 |
| Limited partnership investments | 2,912 | 2,861 | 2,801 | 2,754 |
| Other invested assets, primarily mortgage loans, less allowance for credit loss of 15 and 15 | 1,177 | 1,195 | 1,163 | 1,138 |
| Short-term investments | 5,274 | 6,044 | 5,383 | 4,452 |
| Total investments | 54,287 | 55,376 | 54,758 | 52,995 |
| Cash | 843 | 495 | 567 | 447 |
| Reinsurance (note 16) | NaN | 6,408 | NaN | NaN |
| Insurance | NaN | 3,764 | NaN | NaN |
| Receivable from brokers | NaN | 58 | NaN | NaN |
| Accrued investment income | NaN | 485 | NaN | NaN |
| Income taxes | NaN | 3 | NaN | NaN |
| Other, primarily customer accounts | NaN | 318 | NaN | NaN |
| Total | NaN | 11,036 | NaN | NaN |
| Less allowance for doubtful accounts on reinsurance receivables | NaN | 27 | NaN | NaN |
| Less allowance for other doubtful accounts | NaN | 26 | NaN | NaN |
| Receivables | 10,990 | 10,983 | 10,936 | 11,357 |
| Property, plant and equipment | 10,775 | 10,695 | 10,668 | 10,666 |
| Goodwill | 348 | 349 | 349 | 349 |
| Deferred non-insurance warranty acquisition expenses | 3,098 | 3,220 | 3,340 | 3,441 |
| Deferred acquisition costs of insurance subsidiaries | 1,008 | 986 | 985 | 1,021 |
| Other assets | 4,303 | 4,244 | 4,338 | 4,392 |
| Total assets | 85,652 | 86,348 | 85,941 | 84,668 |
| Claim and claim adjustment expense | 26,933 | 26,599 | 26,525 | 26,203 |
| Future policy benefits | 13,195 | 13,448 | 13,546 | 13,329 |
| Unearned premiums | 7,646 | 7,635 | 7,578 | 7,890 |
| Total insurance reserves | 47,774 | 47,682 | 47,649 | 47,422 |
| Payable to brokers | 206 | 53 | 133 | 374 |
| Short-term debt | 1 | 1,052 | 1,005 | 1,005 |
| Long-term debt | 8,933 | 8,437 | 8,438 | 7,942 |
| Deferred income taxes | 793 | 839 | 836 | 633 |
| Deferred non-insurance warranty revenue | 3,976 | 4,138 | 4,294 | 4,421 |
| Other liabilities | 4,378 | 4,506 | 4,363 | 4,482 |
| Total liabilities | 66,061 | 66,707 | 66,718 | 66,279 |
| Preferred stock | 0 | 0 | 0 | 0 |
| Common stock | 2 | 2 | 2 | 2 |
| Additional paid-in capital | 2,330 | 2,374 | 2,469 | 2,467 |
| Retained earnings | 17,701 | 17,377 | 17,690 | 17,198 |
| Accumulated other comprehensive loss | -1,298 | -1,067 | -1,161 | -1,502 |
| Shareholders' equity before treasury stock, total | 18,735 | 18,686 | 19,000 | 18,165 |
| Less treasury stock, at cost (285,176 and 0 shares) | 31 | 0 | 708 | 651 |
| Total shareholders equity | 18,704 | 18,686 | 18,292 | 17,514 |
| Noncontrolling interests | 887 | 955 | 931 | 875 |
| Total equity | 19,591 | 19,641 | 19,223 | 18,389 |
| Total liabilities and equity | 85,652 | 86,348 | 85,941 | 84,668 |
LOEWS CORP (L)
LOEWS CORP (L)