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Loews Corporation (NYSE:L ) Q1 2022 Earnings Conference Call May 2, 2022 10:00 AM ET Company Participants Mary Skafidas - Vice President, Investor Relations and Corporate Communications Jim Tisch - Chief Executive Officer David Edelson - Chief Financial Officer Operator Good day, everyone and welcome to today's Loews Corporation Q1 Earnings Conference Call. [Operator Instructions] Please note that this call maybe recorded and I will be standing by if you need any assistance.

Loews Corp. L, -2.69% reported Monday net income that rose from a year ago but revenue and book value per share that fell, as lower net unrealized investment gains resulted from the rise in interest rates. Net income increased to $338 million, or $1.36 a share, from $261 million, or 97 cents a share, in the year-ago period, as the diversified company said its CNA Financial, Boardwalk Pipelines and Loews Hotels businesses all saw earnings rise.