Loews Corporation is focused on creating superior long-term returns for shareholders through a unique structure of diversified public and non-public holdings. Today, Loews is made up of four principal subsidiaries: CNA Financial Corporation, Diamond Offshore Drilling, Inc., Boardwalk Pipeline Partners and Loews Hotels Resorts. Our corporate structure, investment philosophy and financial strength reflect managements commitment to adhere to timeless principles of value investing. With strong cash flow and a large portfolio of cash and investments, Loews has the freedom to seize investment opportunities where we see value вЂ» and the resources to weather cyclical downturns. At Loews, we believe creating long-term value requires discipline, conservative financial policies, a management team with keen financial and analytical capabilities, subsidiary managers who are both experienced and empowered, and a forward-thinking vision to pursue constant reinvention. Loews is traded on the New York Stock Exchange under the symbol L.