Loews' CEO Discusses Q1 2012 Results - Earnings Call Transcript

Loews (L)

Q1 2012 Earnings Call

April 30, 2012 11:00 am ET

Executives

Mary Skafidas -

James S. Tisch - Chief Executive Officer, President, Member of Office of the President, Director, Member of Executive Committee, Member of Finance Committee, Chairman of Diamond Offshore and Director of CNA

Peter W. Keegan - Chief Financial Officer and Senior Vice President

Analysts

Robert Glasspiegel - Langen McAlenney

David J. Adelman - Morgan Stanley, Research Division

Andrew Baker

Sam Yake - BGB Securities, Inc., Research Division

Michael Millman - Millman Research Associates

Presentation

Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Loews First Quarter 2012 Earnings Call. [Operator Instructions] I would now like to turn the conference over to Mary Skafidas, Vice President of Investor Relations. You may begin your conference.

Mary Skafidas

Thank you, Paula, and good morning, everyone. I'd like to welcome you to Loews Corporation's First Quarter 2012 Earnings Conference Call. A copy of our earnings release may be found on our website, loews.com. In the call this morning, we have our Chief Executive Officer, Jim Tisch; and our Chief Financial Officer, Peter Keegan. Following prepared remarks this morning, we will have a question-and-answer session.

Before we begin, however, I will remind you that this conference call might include statements that are forward-looking in nature. Actual results received by the company may differ materially from those projections made in any forward-looking statements. Forward-looking statements reflect circumstances at the time they were made, and the company expressly disclaims any obligation to update or revise any forward-looking statements. This disclaimer is only a brief summary of the corporation's statutory forward-looking statements disclaimers, which is included in the company's filings with the SEC.

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