Loews Corporation

Who owns Loews Corporation?

Loews is publicly traded on the NYSE under ticker L, but the Tisch family exercises effective control through large insider shareholdings accumulated over three generations since 1946.

What companies does Loews own?

Its three principal holdings are CNA Financial (commercial insurance, ~90% owned), Boardwalk Pipelines (natural gas transmission, wholly owned), and Loews Hotels (luxury hotels, wholly owned).

Is Loews related to Loew's Theatres?

Yes, historically. The company was built on the movie theater chain Laurence Tisch acquired in 1959, which gave Loews its name. The theaters were sold long ago; the hotel and holding company arms kept the name.

Who runs Loews?

James Tisch serves as Chairman and CEO and Benjamin Tisch as President, the third generation of family leadership following Laurence Tisch and Preston Robert Tisch.

Laurence and Preston Robert Tisch bought a New Jersey resort hotel in 1946 and parlayed it into Loew's Theatres, the movie chain that gave the company its name. Through the 1960s and 1970s, Larry Tisch turned Loews into a diversified holding company, acquiring CNA Financial in 1974 and later building positions in shipping, cigarettes through Lorillard, and CBS, where Tisch served as CEO and sold the network to Westinghouse in 1995.

The modern portfolio settled into its current shape through divestitures: Lorillard was spun to shareholders in 2008 and later sold to Reynolds, Bulova was sold in 2007, and Loews exited several energy and hotel positions. What remained is a focused trio: insurance through CNA, energy infrastructure through Boardwalk, and hospitality through Loews Hotels.

The third Tisch generation now runs the company: James Tisch as Chairman and CEO alongside Benjamin Tisch as President. Fiscal 2025 produced $1.67 billion of net income, with CNA contributing $1.17 billion and Boardwalk a record $444 million on $19.6 billion of project backlog.

Loews reports sustainability activities at the subsidiary level rather than a unified corporate program, consistent with its hands-off holding structure. CNA publishes underwriting ESG frameworks, Boardwalk reports pipeline emissions and safety metrics under federal pipeline regulation, and Loews Hotels runs property-level sustainability programs. The company is not a certified B Corporation.

Loews's record is notably quiet for a company of its age. Historical matters include the legacy of Lorillard's tobacco business, which Loews owned for decades before the 2008 spin-off, and periodic regulatory examinations at CNA common to large insurers. Boardwalk operates under FERC and PHMSA pipeline safety jurisdiction. Under the Tisch family the company has avoided the activist battles and scandals that mark many conglomerates.