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Sankey diagram of Loews Corp. A complete text table follows the diagram.
CNA's insurance engine supplies the scale, while Boardwalk Pipelines and Loews Hotels add infrastructure and hospitality cash flows.
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All Sankey values are reported segment revenue or arithmetic combinations of reported revenue lines. The opening total excludes the Corporate segment's negative $7 million so every flow remains nonnegative; consolidated reconciliation is stated explicitly.
Labels and narrative explain the filing. A category marked “arithmetic bridge” or “residual” is calculated from reported totals, rather than a separately reported line.
| Category | Stage | Value | Notes |
|---|---|---|---|
| Three operating companies | 1 | $4.6B | $4.562B before Corporate revenue |
| CNA Financial | 2 | $3.7B | Insurance, investments and warranties |
| Boardwalk Pipelines | 2 | $631M | Natural-gas infrastructure |
| Loews Hotels & Co | 2 | $254M | Owned and joint-venture hotels |
| Insurance premiums | 3 | $2.7B | CNA's primary revenue engine |
| Net investment result | 3 | $592M | $610M income less $18M losses |
| Non-insurance warranties | 3 | $374M | CNA warranty revenue |
| CNA other revenue | 3 | $10M | Other operating revenue |
| Gas transportation and storage | 3 | $626M | Boardwalk operating revenue |
| Boardwalk interest income | 3 | $5M | $5M |
| Hotel operations | 3 | $218M | Lodging and related services |
| Reimbursable hotel expenses | 3 | $36M | Revenue matched to reimbursable costs |
| From | To | Value |
|---|---|---|
| Three operating companies | CNA Financial | $3.7B |
| Three operating companies | Boardwalk Pipelines | $631M |
| Three operating companies | Loews Hotels & Co | $254M |
| CNA Financial | Insurance premiums | $2.7B |
| CNA Financial | Net investment result | $592M |
| CNA Financial | Non-insurance warranties | $374M |
| CNA Financial | CNA other revenue | $10M |
| Boardwalk Pipelines | Gas transportation and storage | $626M |
| Boardwalk Pipelines | Boardwalk interest income | $5M |
| Loews Hotels & Co | Hotel operations | $218M |
| Loews Hotels & Co | Reimbursable hotel expenses | $36M |