Walter Harris - Loews Corp Independent Director

LTR Stock  EUR 80.50  1.00  1.26%   

Director

Mr. Walter L. Harris is an Independent Director of the Company. He is the President and Chief Executive Officer of FOJP Service Corporationrationration, a provider of risk management services to hospitals, longterm care facilities and social service agencies in New York City, and Hospitals Insurance Company, a provider of insurance coverages and services to hospitals, longterm care facilities, physicians and healthcare professionals in New York State. Prior to that, Mr. Harris was an independent consultant, and from December 2010 until June 2013, he was Vice Chairman of Alliant Insurance Services, Inc. and President of its whollyowned subsidiary, TH Group, Inc., an insurance brokerage firm. EXPERIENCE Mr. Harris has extensive experience and knowledge regarding the commercial insurance industry, which is particularly valuable to our Board in light of Loewss significant interest in the insurance industry as represented by one of our principal subsidiaries, CNA. since 2004.
Age 67
Tenure 21 years
Phone212 521 2000
Webhttps://www.loews.com

Loews Corp Management Efficiency

The company has return on total asset (ROA) of 0.0131 % which means that it generated a profit of $0.0131 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0637 %, meaning that it generated $0.0637 on every $100 dollars invested by stockholders. Loews Corp's management efficiency ratios could be used to measure how well Loews Corp manages its routine affairs as well as how well it operates its assets and liabilities.
Loews Corp has accumulated 8.16 B in total debt with debt to equity ratio (D/E) of 0.57, which is about average as compared to similar companies. Loews Corp has a current ratio of 0.46, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Loews Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Loews Corp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Loews Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Loews to invest in growth at high rates of return. When we think about Loews Corp's use of debt, we should always consider it together with cash and equity.

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Loews Corporation provides commercial property and casualty insurance in the United States and internationally. Loews Corporation was incorporated in 1969 and is headquartered in New York, New York. LOEWS CORP operates under InsuranceProperty Casualty classification in Germany and is traded on Frankfurt Stock Exchange. It employs 10340 people. Loews Corp (LTR) is traded on Frankfurt Exchange in Germany and employs 12,050 people.

Management Performance

Loews Corp Leadership Team

Elected by the shareholders, the Loews Corp's board of directors comprises two types of representatives: Loews Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Loews. The board's role is to monitor Loews Corp's management team and ensure that shareholders' interests are well served. Loews Corp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Loews Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Andrew Tisch, Co-Chairman of the Board, Member of the Office of the President
Benjamin Tisch, Sr Strategy
Mark Schwartz, Chief VP
James Tisch, President, Chief Executive Officer, Office of the President , Director
Philip Laskawy, Independent Director
Charles Diker, Independent Director
Anthony Welters, Independent Director
Richard Scott, Senior Vice President and Chief Investment Officer
Marc JD, Gen VP
Ira Altman, VP HR
Ann Berman, Independent Director
Peter Keegan, Advisor Pres
Charles Davidson, Independent Director
Walter Harris, Independent Director
Jonathan Tisch, Co-Chairman of the Board, Member of the Office of the President
Susan Peters, Independent Director
Paul Fribourg, Lead Director, Independent Director
Joseph Bower, Independent Director
Marc Alpert, Senior Vice President General Counsel, Secretary
Jane Wang, VP CFO
David Edelson, Senior Vice President and Chief Financial Officer
Kenneth Siegel, Senior Vice President

Loews Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Loews Corp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in Loews Stock

When determining whether Loews Corp is a strong investment it is important to analyze Loews Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Loews Corp's future performance. For an informed investment choice regarding Loews Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Loews Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Loews Stock please use our How to Invest in Loews Corp guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Please note, there is a significant difference between Loews Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Loews Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Loews Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.