May 2014 Sanford C. Bernstein & Co. Strategic Decisions Conference 1
What is Loews Holding company with a 17 billion market capitalization The Loews goal: Create long-term value for shareholders Our diversified portfolio sets us apart, although at any time our subsidiaries may face vastly different…
Building shareholder value Over the past 50 years, Loews common stock has posted a compound annual growth rate of 16%, compared with 7% growth for the S&P 500 50-Year Relative Price Performance of Loews Common Stock (December 31, 1963…
Our subsidiaries We are asset allocators striving to achieve attractive long term returns for our shareholders through diversified, value-based investments Loews owns: Other (90%) (51%) (51% LP / 2% GP) (100%) (100%) Property…
CNA Financial CNA is a major commercial P&C P&C Ops Underlying Loss Ratio1 insurer and an industry leader in specialty lines 69.6% 68.8% Improving underwriting performance 67.7% and risk selection 63.8% Strong capital position…
Diamond Offshore Drilling Strongest balance sheet and best Diamond Offshore Fleet credit rating in the offshore industry Leads the industry in paying dividends Jack-ups (7) Semisubmersible Rigs (33) Drillships(5) 0 to shareholders…
Boardwalk Pipeline Partners 2020 Forecasted Growth in Shale Gas Supply Increased natural gas production could provide Boardwalk with Overall Supply is Forecasted to Grow significant opportunities for Marcellus and Utica production…
Loews Hotels & Resorts Since 2012 added 5 hotels in key Chain-wide Guest Rooms cities 8,885 Boston, MA Washington, DC 8,293 Los Angeles, CA 8,088 Orlando, FL Chicago, IL* 7,641 1,800 more Loews Hotels guest rooms coming…
How we think about our 5.0 billion cash Our top priority is effective capital allocation through: 1 Repurchasing Loews shares, thereby enhancing the value of Loews stock Forty year history of share buybacks has given our shareholders…
What is Loews Loews: Creating Long-Term Value For Over 50 Years 11
May 2014 Sanford C. Bernstein & Co. Strategic Decisions Conference 12