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1.
Loews Corporation is a holding company run by the Tisch Family whose
subsidiaries are engaged in the following lines of business:
2.
property and casualty insurance (CNA Financial Corporation, a 90%-owned
subsidiary)
3.
the operation of hotels (Loews Hotels, a wholly owned subsidiary)
4.
the operation of offshore oil and gas drilling rigs (Diamond Offshore
Drilling, Inc., a 50.4%-owned subsidiary)
5.
the operation of an interstate natural gas transmission pipeline system
(Boardwalk Pipeline Partners, an 66%-owned subsidiary)
6.
the exploration, production and marketing of natural gas, natural gas
liquid (NGLs) (predominantly ethane and propane) and, to a small extent, oil (HighMount
Exploration & Production LLC, a wholly owned subsidiary)
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