Total Revenue

+7%

Higher premium and net investment income at CNA Financial drove overall revenue growth; Boardwalk Pipelines contributed from re-contracting at higher rates and recent growth projects, while Loews Hotels & Co provided a relatively smaller uplift despite some normalizing of travel demand. " " " Favorable market conditions in insurance and natural gas also supported revenue gains.

CNA Financial

+5%

Insurance premiums rose on both rate increases and exposure growth; net investment income also climbed from improved returns on equity securities and limited partnerships. These gains were partly tempered by catastrophe losses, though less severe than in prior periods. " " "

Boardwalk Pipelines

+13%

Benefited from re-contracting at higher rates, recent expansions, and strength in storage revenues. The Bayou Ethane acquisition continued to drive volumetric and product transport growth. Stable demand for natural gas further supported top-line improvement. " "

Loews Hotels & Co

+14%

Despite normalizing leisure travel, improved group bookings, city-center hotel performance, and new property contributions accelerated revenue. However, rising operating costs, including labor and property expenses, continue to pressure margins. " "

Net Income

-58%

Lapped a strong prior-year period that included one-time benefits and a more favorable catastrophe-loss environment at CNA. Additionally, increased catastrophe activity and certain impairment charges (particularly in hotel investments) adversely affected current results. Higher interest expenses also weighed on profitability. " " "

Earnings Per Share

-57%

Reflects the net income decline, compounded by a smaller offset from share repurchases than in prior periods. Lower year-over-year profitability at CNA and hotel impairment charges reduced overall earnings, while higher interest costs at the parent company further constrained EPS. " " "