Loews Corporation is a holding company run by the Tisch Family whose subsidiaries are engaged in the following lines of business:
- property and casualty insurance (CNA Financial Corporation, a 90%-owned subsidiary)
- the operation of hotels (Loews Hotels, a wholly owned subsidiary)
- the operation of offshore oil and gas drilling rigs (Diamond Offshore Drilling, Inc., a 50.4%-owned subsidiary)
- the operation of an interstate natural gas transmission pipeline system (Boardwalk Pipeline Partners, an 66%-owned subsidiary)
- the exploration, production and marketing of natural gas, natural gas liquid (NGLs) (predominantly ethane and propane) and, to a small extent, oil (HighMount Exploration & Production LLC, a wholly owned subsidiary)
Read more about Loews Corporation: History, Management
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