Does Loews Corp. have any subsidiaries?
Yes, Loews Corp. has several subsidiaries. As a diversified holding company, Loews operates through its subsidiaries in various industries. One of its major subsidiaries is CNA Financial Corporation, a leading commercial property and casualty insurance company. Loews Corp. also has a subsidiary called Diamond Offshore Drilling Inc., which is a global offshore oil and gas drilling contractor. Boardwalk Pipelines, a transportation and storage company for natural gas, is another subsidiary of Loews. Additionally, Loews owns a hotel subsidiary called Loews Hotels & Co., with a portfolio of luxury hotels across the United States and Canada. These are just a few examples of the subsidiaries that operate under Loews Corp., demonstrating the company's diversified business interests.
Answered May 3, 2024
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