Loews: 26% increase in quarterly net income
Net income attributable to the Group of its CNA Financial insurance division improved by 57% to $336 million, while that of its Boardwalk Pipelines energy division rose by 11% to $92 million.
These increases were partly offset by lower returns on the parent company's equity investments compared with the 2022 period, while Loews Hotels' net income remained virtually stable at $32 million.
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