middle.news
Loews hotels rebound as CNA reserve shock reshapes the quarter
10:03pm on Monday 2nd of November, 2026 AEDT
•
Financial Services
Read Story
Loews hotels rebound as CNA reserve shock reshapes the quarter
10:03pm on Monday 2nd of November, 2026 AEDT
Key Points
Third-quarter net income fell to US$306 million from US$504 million
CNA long-term care reserve review reduced earnings by US$125 million after tax
CNA property and casualty combined ratio worsened to 97.0%
Loews Hotels adjusted EBITDA rose 25% to US$86 million
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Loews (NYSE:L)
OPEN ARTICLE