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With a market cap of $21.2 billion, New York-based Loews Corporation (L) provides commercial property and casualty insurance in the US and internationally. The company offers specialty insurance products, such as management & professional liability, coverage products, surety & fidelity bonds, risk management solutions, and more.
Companies worth $10 billion or more are generally described as “large-cap stocks.” Loews fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the insurance industry.