Last 7 days
2.5%
Last 30 days
2.4%
Last 90 days
4.7%
Trailing 12 Months
6.1%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-08-02 | LOEWS CORP | bought | 175,078,000 | 39.29 | 4,456,050 | - |
2023-06-28 | Stone Susan Ann | sold (taxes) | -130,540 | 38.53 | -3,388 | evp & general counsel |
2023-05-03 | LOEWS CORP | bought | 190,992 | 39.79 | 4,800 | - |
2023-05-02 | LOEWS CORP | bought | 1,370,060 | 38.89 | 35,229 | - |
2023-05-01 | LOEWS CORP | bought | 1,362,390 | 38.93 | 34,996 | - |
2023-03-15 | Franzetti Daniel Paul | acquired | - | - | 23,322 | evp, claims |
2023-03-15 | Smith Amy Marie | sold (taxes) | -31,129 | 36.84 | -845 | svp & cao |
2023-03-15 | Costonis Michael Anthony | sold (taxes) | -626,206 | 36.84 | -16,998 | evp, head of marketing |
2023-03-15 | Costonis Michael Anthony | acquired | - | - | 33,489 | evp, head of marketing |
2023-03-15 | Aguinaga Elizabeth Ann | acquired | - | - | 20,093 | evp, chief hr officer |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-12 | Farther Finance Advisors, LLC | unchanged | - | -6.00 | 618 | -% |
2023-09-07 | ST GERMAIN D J CO INC | new | - | 5,793 | 5,793 | -% |
2023-08-22 | COMERICA BANK | new | - | - | - | -% |
2023-08-21 | OSAIC HOLDINGS, INC. | reduced | -28.76 | -138,902 | 331,853 | -% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -14.43 | -61,032 | 337,230 | -% |
2023-08-17 | Coppell Advisory Solutions LLC | new | - | 8,215 | 8,215 | -% |
2023-08-16 | Nuveen Asset Management, LLC | reduced | -35.05 | -1,133,100 | 2,038,900 | -% |
2023-08-15 | Parkside Financial Bank & Trust | unchanged | - | -32.00 | 2,974 | -% |
2023-08-15 | GOLDMAN SACHS GROUP INC | reduced | -8.26 | -1,847,950 | 18,179,500 | -% |
2023-08-15 | Vestcor Inc | unchanged | - | -12,000 | 1,105,000 | 0.04% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Aug 02, 2023 | loews corp | 91.7% | 248,414,738 | SC 13D | |
Sep 20, 2022 | loews corp | 90.0% | 243,883,663 | SC 13D/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Aug 09, 2023 | 13F-HR | Fund Holdings Report | |
Aug 04, 2023 | 8-K | Current Report | |
Aug 04, 2023 | 424B2 | Prospectus Filed | |
Aug 03, 2023 | FWP | Prospectus Filed | |
Aug 02, 2023 | SC 13D | 13D - Major Acquisition | |
Aug 02, 2023 | 424B3 | Prospectus Filed | |
Aug 02, 2023 | 4 | Insider Trading | |
Jul 31, 2023 | 8-K | Current Report | |
Jul 31, 2023 | 10-Q | Quarterly Report | |
Jul 27, 2023 | 3 | Insider Trading |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
PGR | 83.3B | 55.3B | 6.38% | 11.93% | 47.79 | 1.51 | 11.39% | 104.72% |
AIG | 45.3B | 50.4B | 7.61% | 15.58% | 10.05 | 0.9 | -9.25% | -63.51% |
ALL | 29.7B | 54.6B | 6.77% | -13.02% | -11.1 | 0.54 | 9.14% | -383.17% |
AFG | 9.7B | 7.5B | 0.28% | -7.28% | 11.39 | 1.3 | 12.86% | -17.26% |
HIG | - | 23.6B | 2.72% | 12.08% | - | - | 5.78% | -4.19% |
TRV | 38.3B | 38.7B | 2.91% | 2.81% | 17.13 | 0.99 | 8.33% | -37.32% |
RE | 25.2B | 13.3B | 0.67% | 24.34% | 20.79 | 1.9 | 12.64% | 55.58% |
MID-CAP | ||||||||
ESGR | 4.0B | 1.3B | -0.18% | 24.18% | 14.4 | 3.07 | 41.34% | 137.60% |
RNR | 10.5B | 7.4B | 15.73% | 34.35% | 25.5 | 1.41 | 62.27% | 144.80% |
SMALL-CAP | ||||||||
PLMR | 1.3B | 348.9M | 2.75% | -38.18% | 23 | 3.82 | 16.85% | 25.90% |
HMN | 1.2B | 1.4B | 1.93% | -21.70% | -111.09 | 0.86 | 3.44% | -114.81% |
PRA | 998.8M | 1.1B | 4.21% | -11.45% | 107.75 | 0.88 | -2.53% | -76.30% |
JRVR | 562.0M | 901.0M | -2.03% | -39.05% | 12.11 | 0.62 | 14.76% | 164.17% |
7.6%
10.2%
3.4%
15.1%
33.9%
19.2%
17.7%
Y-axis is the maximum loss one would have experienced if CNA Financial was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | 3.1% | 12,524 | 12,146 | 11,879 | 11,822 | 11,824 | 11,927 | 11,908 | 11,785 | 11,646 | 11,383 | 10,808 | 10,654 | 10,519 | 10,363 | 10,767 | 10,393 | 10,330 | 10,294 | 10,134 | 10,179 | 9,955 |
EBITDA | -100.0% | - | 1,236 | 1,244 | 1,280 | 1,431 | 1,650 | 1,651 | 1,800 | 1,741 | 1,465 | 1,003 | 865 | 743 | 908 | 1,422 | - | - | - | - | - | - |
EBITDA Margin | -100.0% | - | 0.10* | 0.10* | 0.11* | 0.18* | 0.14* | 0.14* | 0.15* | 0.15* | 0.13* | 0.09* | 0.08* | 0.07* | 0.09* | 0.13* | - | - | - | - | - | - |
Interest Expenses | 2.7% | 115 | 112 | 112 | 112 | 112 | 113 | 113 | 113 | 117 | 119 | 122 | 125 | 125 | 128 | 131 | 134 | 136 | 137 | 138 | 141 | 148 |
Earnings Before Taxes | 12.7% | 1,190 | 1,056 | 1,081 | 1,076 | 1,226 | 1,461 | 1,484 | 1,632 | 1,568 | 1,288 | 821 | 678 | 555 | 715 | 1,223 | 774 | 1,049 | 1,037 | 964 | 1,488 | 1,273 |
EBT Margin | -100.0% | - | 0.09* | 0.09* | 0.09* | 0.16* | 0.12* | 0.12* | 0.14* | 0.13* | 0.11* | 0.08* | 0.06* | 0.05* | 0.07* | 0.11* | - | - | - | - | - | - |
Net Income | 10.8% | 956 | 863 | 894 | 879 | 1,007 | 1,185 | 1,202 | 1,323 | 1,280 | 1,063 | 690 | 576 | 470 | 597 | 1,000 | 643 | 872 | 864 | 813 | 1,120 | 928 |
Net Income Margin | -100.0% | - | 0.07* | 0.08* | 0.08* | 0.13* | 0.10* | 0.10* | 0.11* | 0.11* | 0.09* | 0.06* | 0.05* | 0.04* | 0.06* | 0.09* | - | - | - | - | - | - |
Free Cashflow | -100.0% | - | 2,233 | 2,450 | 2,582 | 2,519 | 2,525 | 1,971 | 1,698 | 1,792 | 1,622 | 1,752 | 1,546 | 1,254 | 1,044 | 1,114 | - | - | - | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Assets | 1.7% | 63,088 | 62,055 | 61,000 | 60,215 | 62,229 | 63,792 | 66,639 | 66,522 | 66,207 | 63,713 | 64,026 | 62,775 | 62,095 | 58,405 | 60,612 | 60,450 | 59,963 | 58,477 | 57,152 | 57,259 | 57,858 |
Cash Equivalents | -25.9% | 358 | 483 | 475 | 503 | 560 | 361 | 536 | 625 | 462 | 588 | 419 | 442 | 586 | 857 | 242 | 340 | 271 | 223 | 310 | 310 | 288 |
Net PPE | 6.0% | 246 | 232 | 226 | 229 | 227 | 225 | 226 | 234 | 234 | 244 | 252 | 256 | 264 | 271 | 282 | 293 | 302 | 314 | 324 | 332 | 347 |
Goodwill | 0.7% | 146 | 145 | 144 | 142 | 145 | 147 | 148 | 148 | 148 | 148 | 148 | 146 | 145 | 145 | 147 | 145 | 146 | 147 | 146 | 147 | 147 |
Liabilities | 1.8% | 54,362 | 53,388 | 52,452 | 52,121 | 52,717 | 52,975 | 53,830 | 53,858 | 53,539 | 51,624 | 51,319 | 50,754 | 50,450 | 48,043 | 48,397 | 48,327 | 47,876 | 47,022 | 45,935 | 45,749 | 46,443 |
Short Term Borrowings | 225.9% | 792 | 243 | 243 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
LT Debt, Current | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 30.00 |
LT Debt, Non Current | -6.1% | 2,384 | 2,539 | 2,538 | 2,780 | 2,780 | 2,779 | 2,779 | 2,778 | 2,777 | 2,777 | 2,776 | 2,776 | 2,680 | 2,680 | 2,679 | 2,678 | 2,678 | 2,681 | 2,680 | 2,680 | 2,679 |
Shareholder's Equity | 0.7% | 8,726 | 8,667 | 8,548 | 8,094 | 9,005 | 9,698 | 12,809 | 12,664 | 12,668 | 12,089 | 12,707 | 12,021 | 11,645 | 10,362 | 12,215 | 12,123 | 12,087 | 11,455 | 11,217 | 11,510 | 11,415 |
Retained Earnings | 1.8% | 9,359 | 9,191 | 9,336 | 9,433 | 9,415 | 9,319 | 9,663 | 9,500 | 9,348 | 9,084 | 9,081 | 8,796 | 8,683 | 8,634 | 9,348 | 9,171 | 9,159 | 8,976 | 9,277 | 9,456 | 9,216 |
Additional Paid-In Capital | 0.4% | 2,204 | 2,196 | 2,220 | 2,211 | 2,203 | 2,195 | 2,215 | 2,208 | 2,201 | 2,194 | 2,211 | 2,202 | 2,196 | 2,187 | 2,203 | 2,197 | 2,190 | 2,184 | 2,192 | 2,186 | 2,179 |
Accumulated Depreciation | 4.2% | 301 | 289 | 280 | 272 | 266 | 264 | 255 | 257 | 252 | 243 | 231 | 224 | 211 | 224 | 215 | 201 | 208 | 214 | 216 | 208 | 234 |
Shares Outstanding | 0.0% | 271 | 271 | 271 | 271 | 272 | 272 | 271 | 272 | 272 | 272 | 271 | 272 | 272 | 272 | 271 | 272 | 272 | 272 | 271 | 272 | 272 |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | -4.7% | 2,186 | 2,293 | 2,502 | 2,633 | 2,565 | 2,560 | 1,997 | 1,721 | 1,810 | 1,645 | 1,775 | 1,568 | 1,276 | 1,065 | 1,140 | 1,339 | 1,387 | 1,296 | 1,227 | 1,228 | 1,093 |
Cashflow From Investing | -45.6% | -1,939 | -1,332 | -1,512 | -1,703 | -1,457 | -1,765 | -1,228 | -895 | -1,382 | -1,384 | -705 | -572 | 17.00 | 573 | -225 | -317 | -383 | -377 | -177 | -126 | -96.00 |
Cashflow From Financing | 45.9% | -446 | -824 | -1,032 | -1,027 | -993 | -1,015 | -648 | -646 | -567 | -548 | -902 | -902 | -976 | -998 | -988 | -983 | -1,018 | -969 | -1,085 | -1,071 | -933 |
Dividend Payments | 0.8% | 776 | 770 | 982 | 977 | 972 | 968 | 621 | 618 | 614 | 611 | 950 | 945 | 941 | 935 | 929 | 929 | 928 | 915 | 896 | 882 | 872 |
Buy Backs | 0% | 42.00 | 42.00 | 39.00 | 39.00 | 21.00 | 36.00 | 18.00 | 18.00 | 18.00 | 3.00 | 18.00 | 23.00 | 25.00 | 27.00 | 23.00 | 18.00 | 16.00 | 14.00 | - | - | - |
Consolidated Statements of Operations - USD ($) shares in Millions, $ in Millions | 3 Months Ended | 6 Months Ended | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | [1] | Jun. 30, 2023 | Jun. 30, 2022 | ||||||||
Revenues | ||||||||||||
Net earned premiums | $ 2,347 | $ 2,155 | $ 4,595 | $ 4,214 | [1] | |||||||
Net investment income | 575 | 432 | 1,100 | 880 | [1] | |||||||
Net investment losses | (32) | (59) | (67) | (70) | [1] | |||||||
Non-insurance warranty revenue | 407 | 392 | 814 | 774 | [1] | |||||||
Other revenues | 7 | 6 | 14 | 13 | [1] | |||||||
Total revenues | 3,304 | 2,926 | 6,456 | 5,811 | ||||||||
Claims, Benefits and Expenses | ||||||||||||
Insurance claims and policyholders’ benefits (re-measurement gain (loss) of $(33), $1, $(34), and $6) | 1,779 | 1,601 | 3,432 | 3,079 | [1] | |||||||
Amortization of deferred acquisition costs | 403 | 374 | 782 | 718 | [1] | |||||||
Non-insurance warranty expense | 384 | 367 | 768 | 721 | [1] | |||||||
Other operating expenses | 346 | 329 | 683 | 655 | [1] | |||||||
Interest | 31 | 28 | 59 | 56 | [1] | |||||||
Total claims, benefits and expenses | 2,943 | 2,699 | 5,724 | 5,229 | ||||||||
Income before income tax | 361 | 227 | 732 | 582 | [1] | |||||||
Income tax expense | (78) | (37) | (152) | (97) | [1] | |||||||
Net income | $ 283 | $ 190 | [2] | $ 580 | $ 485 | [3] | ||||||
Basic earnings per share | ||||||||||||
Basic earnings per share (in usd per share) | $ 1.04 | $ 0.70 | $ 2.14 | $ 1.79 | ||||||||
Diluted earnings per share | ||||||||||||
Diluted earnings per share (in usd per share) | $ 1.04 | $ 0.69 | $ 2.13 | $ 1.78 | ||||||||
Weighted Average Outstanding Common Stock and Common Stock Equivalents | ||||||||||||
Weighted average shares outstanding (in shares) | 271.2 | 271.7 | 271.2 | 271.8 | ||||||||
Diluted (in shares) | 272.0 | 272.6 | 272.1 | 272.7 | ||||||||
|
Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions | Jun. 30, 2023 | Dec. 31, 2022 | |||
---|---|---|---|---|---|
Investments: | |||||
Fixed maturity securities at fair value (amortized cost of $41,838 and $41,032, less allowance for credit loss of $22 and $1) | $ 38,728 | $ 37,627 | [1] | ||
Equity securities at fair value (cost of $700 and $703) | 683 | 674 | [1] | ||
Limited partnership investments | 2,020 | 1,926 | [1] | ||
Other invested assets | 71 | 78 | [1] | ||
Mortgage loans (less allowance for uncollectible receivables of $30 and $24) | 1,009 | 1,040 | [1] | ||
Short term investments | 1,924 | 1,832 | [1] | ||
Total investments | 44,435 | 43,177 | [1] | ||
Cash | 358 | 475 | [1] | ||
Reinsurance receivables (less allowance for uncollectible receivables of $22 and $22) | 5,581 | 5,416 | [1] | ||
Insurance receivables (less allowance for uncollectible receivables of $30 and $29) | 3,521 | 3,158 | [1] | ||
Accrued investment income | 424 | 402 | [1] | ||
Deferred acquisition costs | 885 | 806 | [1] | ||
Deferred income taxes | 1,201 | 1,251 | [1] | ||
Property and equipment at cost (less accumulated depreciation of $301 and $280) | 246 | 226 | [1] | ||
Goodwill | 146 | 144 | [1] | ||
Deferred non-insurance warranty acquisition expense | 3,689 | 3,671 | [1] | ||
Other assets (includes $15 and $18 due from Loews Corporation) | 2,602 | 2,274 | [1] | ||
Total assets | 63,088 | 61,000 | [1] | ||
Insurance reserves: | |||||
Claim and claim adjustment expenses | 22,802 | 22,120 | [1] | ||
Unearned premiums | 6,978 | 6,374 | [1] | ||
Future policy benefits | 13,666 | 13,480 | [1] | ||
Short term debt | 792 | 243 | [1] | ||
Long term debt | 2,384 | 2,538 | [1] | ||
Deferred non-insurance warranty revenue | 4,735 | 4,714 | [1] | ||
Other liabilities (includes $14 and $26 due to Loews Corporation) | 3,005 | 2,983 | [1] | ||
Total liabilities | 54,362 | 52,452 | [1] | ||
Commitments and contingencies (Notes B and F) | [1] | ||||
Stockholders' Equity | |||||
Common stock ($2.50 par value; 500,000,000 shares authorized; 273,040,243 shares issued; 270,861,737 and 270,895,902 shares outstanding) | 683 | 683 | [1] | ||
Additional paid-in capital | 2,204 | 2,220 | [1] | ||
Retained earnings | 9,359 | 9,336 | [1] | ||
Accumulated other comprehensive loss | (3,425) | (3,598) | [1] | ||
Treasury stock (2,178,506 and 2,144,341 shares), at cost | (95) | (93) | [1] | ||
Total stockholders’ equity | 8,726 | 8,548 | [1] | ||
Total liabilities and stockholders' equity | $ 63,088 | $ 61,000 | [1] | ||
|