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667 Madison Ave. New York, NY 10065-8087 NY Tel. 212-521-2000 Fax 212-521-2525 |
Type: Public
On the web:
http://www.loews.com
Employees:
18,400
Employee growth: (0.5%)
When it comes to diversification, Loews definitely has the low-down. The holding company's main interest is insurance through publicly traded subsidiary CNA Financial, which offers commercial property/casualty coverage. Other wholly owned and partially owned holdings include hotels in the US and Canada through its Loews Hotels subsidiary. Its energy holdings include contract oil-drilling operator Diamond Offshore Drilling (which operates roughly 50 offshore oil rigs), interstate natural gas transmission pipeline systems operator Boardwalk Pipelines, and HighMount Exploration & Production (also natural gas).
Key numbers for fiscal year ending December, 2010:
Sales: $14,615.0M
One year growth: 3.5%
Net income: $1,288.0M
Income growth: 128.4%
Officers:
Co-Chairman, Office of the President, and Chairman, Executive Committee: Andrew H. Tisch
Co-Chairman and Office of the President; Chairman and CEO, Loews Hotels: Jonathan M. Tisch
President, CEO, Office of the President, and Director: James S. Tisch
Competitors:
AIG
Transocean
Travelers Companies
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