Report
EUR 152.89 For Business Accounts Only

Moody's affirms Loews Corporation's A3 senior unsecured rating

Rating Action: Moody's affirms Loews Corporation's A3 senior unsecured rating. Global Credit Research- 12 Mar 2021. New York, March 12, 2021-- Moody's Investors Service, affirmed Loews Corporation's senior unsecured rating at A3.
Underlying
Loews Corp.

Loews is a holding company and has five reportable segments comprised of four individual operating subsidiaries: CNA Financial Corporation, which provides commercial property and casualty coverages; Diamond Offshore Drilling, Inc., which provides contract drilling services to the energy industry; Boardwalk Pipeline Partners, LP, which is engaged in the business of natural gas and natural gas liquids and hydrocarbons transportation and storage; Loews Hotels Holding Corporation, which operates a chain of hotels; and the Corporate segment, which includes the operations of Altium Packaging LLC, which is a packaging solutions provider and manufacturer in North America.

Provider
Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
    11,000 corporate issuers
    21,000 public finance issuers
    76,000 structured finance obligations



Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.



Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

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