Company Background:
Loews Corporation (NYSE:L) is a holding company and the company’s subsidiaries are generated in include commercial property and casualty insurance (CAN Financial Corporation) (CNA), an approximately 90% owned subsidiary), which is operating offshore oil and gas drilling rigs (Diamond Offshore Drilling Inc, approximately 50.4% owned subsidiary); exploration, production and marketing of natural gas and natural gas liquids and other subsidies. Loews was incorporated in 1954 and its headquartered situated in New York, New York.
Regards,
Don
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