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<!-- RR Donnelley Xcelerate Taxonomy Labels Linkbase, based on XBRL 2.1  http://www.rrdonnelley.com/ -->
<!-- Version: 6.23.6 -->
<!-- Round: 6 -->
<!-- Creation date: 2017-02-16T13:57:43Z -->
<!-- Copyright (c) 2005-2013 R.R. Donnelley &amp; Sons Company All Rights Reserved. -->
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="us-gaap_AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract"/>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue" xlink:label="us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_lbl" xml:lang="en-US" id="id_11465422_2022912_1_1">Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition</label>
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue" xlink:to="us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xml:lang="en-US" id="id_11465422_2023126_1_1">Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xml:lang="en-US" id="id_11465422_2023126_2_1">Adjustments to reconcile net income to net cash provided (used) by operating activities:</label>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_AggregateAmountOfQuantifiableGuaranteeAgreements" xlink:label="l_AggregateAmountOfQuantifiableGuaranteeAgreements"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_AggregateAmountOfQuantifiableGuaranteeAgreements_lbl" xml:lang="en-US" id="id_11465422_2158189_3_1">Aggregate amount of quantifiable guarantee agreements.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_AggregateAmountOfQuantifiableGuaranteeAgreements_lbl" xml:lang="en-US" id="id_11465422_2158189_1_1">Aggregate Amount Of Quantifiable Guarantee Agreements</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_AggregateAmountOfQuantifiableGuaranteeAgreements_lbl" xml:lang="en-US" id="id_11465422_2158189_2_1">Aggregate amount related to quantifiable guarantees</label>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_AggregateAmountOfQuantifiableIndemnificationAgreements" xlink:label="l_AggregateAmountOfQuantifiableIndemnificationAgreements"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_AggregateAmountOfQuantifiableIndemnificationAgreements_lbl" xml:lang="en-US" id="id_11465422_2163556_3_1">Aggregate amount of quantifiable indemnification agreements.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_AggregateAmountOfQuantifiableIndemnificationAgreements_lbl" xml:lang="en-US" id="id_11465422_2163556_1_1">Aggregate Amount Of Quantifiable Indemnification Agreements</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_AggregateAmountOfQuantifiableIndemnificationAgreements_lbl" xml:lang="en-US" id="id_11465422_2163556_2_1">Aggregate amount related to indemnification agreements</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_AggregateAmountOfQuantifiableIndemnificationAgreements" xlink:to="l_AggregateAmountOfQuantifiableIndemnificationAgreements_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_AggregateLimit" xlink:label="l_AggregateLimit"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_AggregateLimit_lbl" xml:lang="en-US" id="id_11465422_2052338_3_1">Aggregate Limit</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_AggregateLimit_lbl" xml:lang="en-US" id="id_11465422_2052338_1_1">Aggregate Limit</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_AggregateLimit_lbl" xml:lang="en-US" id="id_11465422_2052338_2_1">Aggregate limit under A&amp;EP Loss Portfolio Transfer</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AllocatedShareBasedCompensationExpense" xlink:label="us-gaap_AllocatedShareBasedCompensationExpense"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_AllocatedShareBasedCompensationExpense_lbl" xml:lang="en-US" id="id_11465422_2023781_2_1">Recognized compensation expense</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AllowanceForDoubtfulAccountsMember" xlink:label="us-gaap_AllowanceForDoubtfulAccountsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AllowanceForDoubtfulAccountsMember_lbl" xml:lang="en-US" id="id_11465422_2022264_1_1">Allowance for Doubtful Accounts [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_AllowanceForDoubtfulAccountsMember_lbl" xml:lang="en-US" id="id_11465422_2022264_2_1">Allowance for Doubtful Accounts [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AllowanceForDoubtfulAccountsMember" xlink:to="us-gaap_AllowanceForDoubtfulAccountsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AllowanceForDoubtfulAccountsReceivable" xlink:label="us-gaap_AllowanceForDoubtfulAccountsReceivable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AllowanceForDoubtfulAccountsReceivable_lbl" xml:lang="en-US" id="id_11465422_2025299_1_1">Allowance for Doubtful Accounts Receivable</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_AllowanceForDoubtfulAccountsReceivable_lbl" xml:lang="en-US" id="id_11465422_2025299_2_1">allowance for other doubtful accounts</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AllowanceForDoubtfulAccountsReceivable" xlink:to="us-gaap_AllowanceForDoubtfulAccountsReceivable_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_AmendmentFlag" xlink:label="dei_AmendmentFlag"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AmendmentFlag_lbl" xml:lang="en-US" id="id_11465422_2024215_1_1">Amendment Flag</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="dei_AmendmentFlag_lbl" xml:lang="en-US" id="id_11465422_2024215_2_1">Amendment Flag</label>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_AmortizedCostAndFairValueDebtSecuritiesAbstract" xlink:label="l_AmortizedCostAndFairValueDebtSecuritiesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_AmortizedCostAndFairValueDebtSecuritiesAbstract_lbl" xml:lang="en-US" id="id_11465422_2150374_3_1">Amortized Cost and Fair Value Debt Securities [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_AmortizedCostAndFairValueDebtSecuritiesAbstract_lbl" xml:lang="en-US" id="id_11465422_2150374_1_1">Amortized Cost and Fair Value Debt Securities [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_AmortizedCostAndFairValueDebtSecuritiesAbstract_lbl" xml:lang="en-US" id="id_11465422_2150374_2_1">Amortized Cost and Fair Value Debt Securities [Abstract]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_AmortizedCostOfFixedMaturities_lbl" xml:lang="en-US" id="id_11465422_2044308_3_1">This item represents the cost of fixed maturity securities, which are categorized as either trading or available-for-sale, net of adjustments made for accretion, amortization, other-than-temporary impairments and hedging, if any.</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_AmortizedCostOfFixedMaturities_lbl" xml:lang="en-US" id="id_11465422_2044308_2_1">Fixed maturities, amortized cost</label>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_AnticipatedAmountsDueFromInsuredsRelatedToLossesUnderDeductiblePolicies" xlink:label="l_AnticipatedAmountsDueFromInsuredsRelatedToLossesUnderDeductiblePolicies"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_AnticipatedAmountsDueFromInsuredsRelatedToLossesUnderDeductiblePolicies_lbl" xml:lang="en-US" id="id_11465422_2156803_3_1">Anticipated amounts due from insureds related to losses under deductible policies.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_AnticipatedAmountsDueFromInsuredsRelatedToLossesUnderDeductiblePolicies_lbl" xml:lang="en-US" id="id_11465422_2156803_1_1">Anticipated Amounts Due From Insureds Related To Losses Under Deductible Policies</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" xlink:label="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AssetsCurrent_lbl" xml:lang="en-US" id="id_11465422_2023790_1_1">Assets, Current</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AssetsFairValueDisclosure_lbl" xml:lang="en-US" id="id_11465422_2022272_1_1">Assets, Fair Value Disclosure</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_AssetsFairValueDisclosure_lbl" xml:lang="en-US" id="id_11465422_2022272_2_1">Estimated Fair Value</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsFairValueDisclosureRecurring" xlink:label="us-gaap_AssetsFairValueDisclosureRecurring"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AssetsFairValueDisclosureRecurring_lbl" xml:lang="en-US" id="id_11465422_2022702_1_1">Assets, Fair Value Disclosure, Recurring</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_AssetsFairValueDisclosureRecurring_lbl" xml:lang="en-US" id="id_11465422_2022702_2_1">Fair value of assets, measured on a recurring basis</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssumedPremiumsEarned" xlink:label="us-gaap_AssumedPremiumsEarned"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis_lbl" xml:lang="en-US" id="id_11465422_2025968_1_1">Available-for-sale Debt Securities, Amortized Cost Basis</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis_lbl" xml:lang="en-US" id="id_11465422_2025968_6_1">Cost or Amortized Cost, Total</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecurities" xlink:label="us-gaap_AvailableForSaleSecurities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AvailableForSaleSecurities_lbl" xml:lang="en-US" id="id_11465422_2027259_1_1">Available-for-sale Securities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_AvailableForSaleSecurities_lbl" xml:lang="en-US" id="id_11465422_2027259_2_1">Estimated Fair Value</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax_lbl" xml:lang="en-US" id="id_11465422_2023358_1_1">Available-for-sale Securities, Accumulated Gross Unrealized Gain, before Tax</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax_lbl" xml:lang="en-US" id="id_11465422_2023358_2_1">Gross Unrealized Gains</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax_lbl" xml:lang="en-US" id="id_11465422_2022275_1_1">Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax_lbl" xml:lang="en-US" id="id_11465422_2022275_2_1">Gross Unrealized Losses</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAmortizedCost" xlink:label="us-gaap_AvailableForSaleSecuritiesAmortizedCost"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AvailableForSaleSecuritiesAmortizedCost_lbl" xml:lang="en-US" id="id_11465422_2024661_1_1">Available-for-sale Securities, Amortized Cost Basis</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_AvailableForSaleSecuritiesAmortizedCost_lbl" xml:lang="en-US" id="id_11465422_2024661_6_1">Cost or Amortized Cost</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesChangeInNetUnrealizedHoldingGainLossNetOfTax" xlink:label="us-gaap_AvailableForSaleSecuritiesChangeInNetUnrealizedHoldingGainLossNetOfTax"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_lbl" xml:lang="en-US" id="id_11465422_2027043_2_1">Gross Unrealized Losses, 12 Months or Longer</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss_lbl" xml:lang="en-US" id="id_11465422_2023796_1_1">Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss_lbl" xml:lang="en-US" id="id_11465422_2023796_6_1">Total Gross Unrealized Losses</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_lbl" xml:lang="en-US" id="id_11465422_2024883_6_1">Total Estimated Fair Value</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue_lbl" xml:lang="en-US" id="id_11465422_2022071_2_1">Estimated Fair Value, Due after one year through five years</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue_lbl" xml:lang="en-US" id="id_11465422_2022497_2_1">Estimated Fair Value, Due after ten years</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost_lbl" xml:lang="en-US" id="id_11465422_2027698_1_1">Available-for-sale Securities, Debt Maturities, Next Twelve Months, Amortized Cost Basis</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue_lbl" xml:lang="en-US" id="id_11465422_2021635_1_1">Available-for-sale Securities, Debt Maturities, Next Twelve Months, Fair Value</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments_lbl" xml:lang="en-US" id="id_11465422_2027918_2_1">Other net investment gains</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossNet_lbl" xml:lang="en-US" id="id_11465422_2026400_2_1">Investment gains (losses)</label>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_BenefitRecognizedUnderRetroactiveReinsuranceAccounting" xlink:label="l_BenefitRecognizedUnderRetroactiveReinsuranceAccounting"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_BenefitRecognizedUnderRetroactiveReinsuranceAccounting_lbl" xml:lang="en-US" id="id_11465422_2306835_3_1">Benefit Recognized Under Retroactive Reinsurance Accounting</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_BenefitRecognizedUnderRetroactiveReinsuranceAccounting_lbl" xml:lang="en-US" id="id_11465422_2306835_1_1">Benefit Recognized Under Retroactive Reinsurance Accounting</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="l_BenefitRecognizedUnderRetroactiveReinsuranceAccounting_lbl" xml:lang="en-US" id="id_11465422_2306835_14_1">Retroactive reinsurance benefit recognized</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_BenefitRecognizedUnderRetroactiveReinsuranceAccounting" xlink:to="l_BenefitRecognizedUnderRetroactiveReinsuranceAccounting_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BenefitsLossesAndExpenses" xlink:label="us-gaap_BenefitsLossesAndExpenses"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_BenefitsLossesAndExpenses_lbl" xml:lang="en-US" id="id_11465422_2025322_1_1">Benefits, Losses and Expenses</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_BenefitsLossesAndExpenses_lbl" xml:lang="en-US" id="id_11465422_2025322_2_1">Total</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_BenefitsLossesAndExpenses_lbl" xml:lang="en-US" id="id_11465422_2025322_6_1">Total</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BenefitsLossesAndExpenses" xlink:to="us-gaap_BenefitsLossesAndExpenses_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BenefitsLossesAndExpensesAbstract" xlink:label="us-gaap_BenefitsLossesAndExpensesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_BenefitsLossesAndExpensesAbstract_lbl" xml:lang="en-US" id="id_11465422_2027269_1_1">Benefits, Losses and Expenses [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_BenefitsLossesAndExpensesAbstract_lbl" xml:lang="en-US" id="id_11465422_2027269_2_1">Expenses:</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BenefitsLossesAndExpensesAbstract" xlink:to="us-gaap_BenefitsLossesAndExpensesAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_BenefitUnrecognizedUnderRetroactiveReinsuranceAccounting" xlink:label="l_BenefitUnrecognizedUnderRetroactiveReinsuranceAccounting"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_BenefitUnrecognizedUnderRetroactiveReinsuranceAccounting_lbl" xml:lang="en-US" id="id_11465422_2295153_3_1">Benefit Unrecognized Under Retroactive Reinsurance Accounting</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_BenefitUnrecognizedUnderRetroactiveReinsuranceAccounting_lbl" xml:lang="en-US" id="id_11465422_2295153_1_1">Benefit Unrecognized Under Retroactive Reinsurance Accounting</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_BenefitUnrecognizedUnderRetroactiveReinsuranceAccounting_lbl" xml:lang="en-US" id="id_11465422_2295153_2_1">Remaining unrecognized retroactive reinsurance benefit</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_BenefitUnrecognizedUnderRetroactiveReinsuranceAccounting" xlink:to="l_BenefitUnrecognizedUnderRetroactiveReinsuranceAccounting_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_BerkshireHathawayGroupMember" xlink:label="l_BerkshireHathawayGroupMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_BerkshireHathawayGroupMember_lbl" xml:lang="en-US" id="id_11465422_2108547_3_1">Berkshire Hathaway Group [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_BerkshireHathawayGroupMember_lbl" xml:lang="en-US" id="id_11465422_2108547_1_1">Berkshire Hathaway Group [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_BerkshireHathawayGroupMember_lbl" xml:lang="en-US" id="id_11465422_2108547_2_1">Berkshire Hathaway Group [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_BerkshireHathawayGroupMember" xlink:to="l_BerkshireHathawayGroupMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_BilledReceivablesPercentOfReinsuranceRecoverables" xlink:label="l_BilledReceivablesPercentOfReinsuranceRecoverables"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_BilledReceivablesPercentOfReinsuranceRecoverables_lbl" xml:lang="en-US" id="id_11465422_2339998_3_1">Billed Receivables Percent Of Reinsurance Recoverables</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_BilledReceivablesPercentOfReinsuranceRecoverables_lbl" xml:lang="en-US" id="id_11465422_2339998_1_1">Billed Receivables Percent Of Reinsurance Recoverables</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_BilledReceivablesPercentOfReinsuranceRecoverables_lbl" xml:lang="en-US" id="id_11465422_2339998_2_1">Billed receivables percentage of total reinsurance receivables</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_BilledReceivablesPercentOfReinsuranceRecoverables" xlink:to="l_BilledReceivablesPercentOfReinsuranceRecoverables_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_BluegrassProjectMember" xlink:label="l_BluegrassProjectMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_BluegrassProjectMember_lbl" xml:lang="en-US" id="id_11465422_2252059_3_1">Bluegrass Project [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_BluegrassProjectMember_lbl" xml:lang="en-US" id="id_11465422_2252059_1_1">Bluegrass Project [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_BluegrassProjectMember_lbl" xml:lang="en-US" id="id_11465422_2252059_2_1">Bluegrass Project [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_BluegrassProjectMember" xlink:to="l_BluegrassProjectMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_BoardwalkPipelineMember" xlink:label="l_BoardwalkPipelineMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_BoardwalkPipelineMember_lbl" xml:lang="en-US" id="id_11465422_2117540_3_1">Boardwalk Pipeline [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_BoardwalkPipelineMember_lbl" xml:lang="en-US" id="id_11465422_2117540_1_1">Boardwalk Pipeline [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_BoardwalkPipelineMember_lbl" xml:lang="en-US" id="id_11465422_2117540_2_1">Boardwalk Pipeline [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_BoardwalkPipelineMember" xlink:to="l_BoardwalkPipelineMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_BoardwalkPipelinePartnersLpMember" xlink:label="l_BoardwalkPipelinePartnersLpMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_BoardwalkPipelinePartnersLpMember_lbl" xml:lang="en-US" id="id_11465422_2241726_3_1">Boardwalk Pipeline Partners, LP [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_BoardwalkPipelinePartnersLpMember_lbl" xml:lang="en-US" id="id_11465422_2241726_1_1">Boardwalk Pipeline Partners LP [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_BoardwalkPipelinePartnersLpMember_lbl" xml:lang="en-US" id="id_11465422_2241726_2_1">Boardwalk Pipeline Partners, LP [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_BoardwalkPipelinePartnersLpMember" xlink:to="l_BoardwalkPipelinePartnersLpMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_Borrowing" xlink:label="l_Borrowing"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_Borrowing_lbl" xml:lang="en-US" id="id_11465422_2194646_3_1">Borrowing</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_Borrowing_lbl" xml:lang="en-US" id="id_11465422_2194646_1_1">Borrowing</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_Borrowing_lbl" xml:lang="en-US" id="id_11465422_2194646_2_1">Borrowings under current and prior credit agreements</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_Borrowing" xlink:to="l_Borrowing_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionAcquireeDomain" xlink:label="us-gaap_BusinessAcquisitionAcquireeDomain"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_BusinessAcquisitionAcquireeDomain_lbl" xml:lang="en-US" id="id_11465422_2022941_1_1">Business Acquisition, Acquiree [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_BusinessAcquisitionAcquireeDomain_lbl" xml:lang="en-US" id="id_11465422_2022941_2_1">Business Acquisition, Acquiree [Domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BusinessAcquisitionAcquireeDomain" xlink:to="us-gaap_BusinessAcquisitionAcquireeDomain_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionAxis" xlink:label="us-gaap_BusinessAcquisitionAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_BusinessAcquisitionAxis_lbl" xml:lang="en-US" id="id_11465422_2027704_1_1">Business Acquisition [Axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_BusinessAcquisitionAxis_lbl" xml:lang="en-US" id="id_11465422_2027704_2_1">Business Acquisition [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BusinessAcquisitionAxis" xlink:to="us-gaap_BusinessAcquisitionAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="us-gaap_BusinessAcquisitionLineItems"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_BusinessAcquisitionLineItems_lbl" xml:lang="en-US" id="id_11465422_2022284_1_1">Business Acquisition [Line Items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_BusinessAcquisitionLineItems_lbl" xml:lang="en-US" id="id_11465422_2022284_2_1">Business Acquisition [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BusinessAcquisitionLineItems" xlink:to="us-gaap_BusinessAcquisitionLineItems_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessCombinationConsiderationTransferred1" xlink:label="us-gaap_BusinessCombinationConsiderationTransferred1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_BusinessCombinationConsiderationTransferred1_lbl" xml:lang="en-US" id="id_11465422_2026621_1_1">Business Combination, Consideration Transferred</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_BusinessCombinationConsiderationTransferred1_lbl" xml:lang="en-US" id="id_11465422_2026621_2_1">Amount paid for acquisition, funded with cash and property-level debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BusinessCombinationConsiderationTransferred1" xlink:to="us-gaap_BusinessCombinationConsiderationTransferred1_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessCombinationsAbstract" xlink:label="us-gaap_BusinessCombinationsAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_BusinessCombinationsAbstract_lbl" xml:lang="en-US" id="id_11465422_2024909_1_1">Business Combinations [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_BusinessCombinationsAbstract_lbl" xml:lang="en-US" id="id_11465422_2024909_2_1">Business Combinations [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BusinessCombinationsAbstract" xlink:to="us-gaap_BusinessCombinationsAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/country/2016/country-2016-01-31.xsd#country_CA" xlink:label="country_CA"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="country_CA_lbl" xml:lang="en-US" id="id_11465422_2021866_1_1">CANADA</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="country_CA_lbl" xml:lang="en-US" id="id_11465422_2021866_2_1">Canada [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="country_CA" xlink:to="country_CA_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CapitalizationOfDeferredPolicyAcquisitionCostsPolicy" xlink:label="us-gaap_CapitalizationOfDeferredPolicyAcquisitionCostsPolicy"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CapitalizationOfDeferredPolicyAcquisitionCostsPolicy_lbl" xml:lang="en-US" id="id_11465422_2022954_1_1">Deferred Policy Acquisition Costs, Policy [Policy Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_CapitalizationOfDeferredPolicyAcquisitionCostsPolicy_lbl" xml:lang="en-US" id="id_11465422_2022954_2_1">Deferred acquisition costs</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CapitalizationOfDeferredPolicyAcquisitionCostsPolicy" xlink:to="us-gaap_CapitalizationOfDeferredPolicyAcquisitionCostsPolicy_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CapitalLeaseObligations" xlink:label="us-gaap_CapitalLeaseObligations"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CapitalLeaseObligations_lbl" xml:lang="en-US" id="id_11465422_2025115_1_1">Capital Lease Obligations</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_CapitalLeaseObligations_lbl" xml:lang="en-US" id="id_11465422_2025115_2_1">Capital lease obligation</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CapitalLeaseObligations" xlink:to="us-gaap_CapitalLeaseObligations_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CapitalRequiredForCapitalAdequacyToRiskWeightedAssets" xlink:label="us-gaap_CapitalRequiredForCapitalAdequacyToRiskWeightedAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CapitalRequiredForCapitalAdequacyToRiskWeightedAssets_lbl" xml:lang="en-US" id="id_11465422_2024470_1_1">Capital Required for Capital Adequacy to Risk Weighted Assets</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_CapitalRequiredForCapitalAdequacyToRiskWeightedAssets_lbl" xml:lang="en-US" id="id_11465422_2024470_2_1">Statutory capital and surplus percentage</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CapitalRequiredForCapitalAdequacyToRiskWeightedAssets" xlink:to="us-gaap_CapitalRequiredForCapitalAdequacyToRiskWeightedAssets_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CarryingReportedAmountFairValueDisclosureMember" xlink:label="us-gaap_CarryingReportedAmountFairValueDisclosureMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CarryingReportedAmountFairValueDisclosureMember_lbl" xml:lang="en-US" id="id_11465422_2026006_1_1">Reported Value Measurement [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_CarryingReportedAmountFairValueDisclosureMember_lbl" xml:lang="en-US" id="id_11465422_2026006_2_1">Carrying Amount [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CarryingReportedAmountFairValueDisclosureMember" xlink:to="us-gaap_CarryingReportedAmountFairValueDisclosureMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Cash" xlink:label="us-gaap_Cash"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_Cash_lbl" xml:lang="en-US" id="id_11465422_2022302_1_1">Cash</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_Cash_lbl" xml:lang="en-US" id="id_11465422_2022302_4_1">Cash, end of year</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_Cash_lbl" xml:lang="en-US" id="id_11465422_2022302_5_1">Cash, beginning of year</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_Cash_lbl" xml:lang="en-US" id="id_11465422_2022302_2_1">Cash</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Cash" xlink:to="us-gaap_Cash_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:label="us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_lbl" xml:lang="en-US" id="id_11465422_2023171_1_1">Cash and Cash Equivalents, Period Increase (Decrease)</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_lbl" xml:lang="en-US" id="id_11465422_2023171_6_1">Net change in cash</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:to="us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndSecuritiesSegregatedUnderSecuritiesExchangeCommissionRegulation" xlink:label="us-gaap_CashAndSecuritiesSegregatedUnderSecuritiesExchangeCommissionRegulation"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CashAndSecuritiesSegregatedUnderSecuritiesExchangeCommissionRegulation_lbl" xml:lang="en-US" id="id_11465422_2025119_1_1">Cash and Securities Segregated under Securities Exchange Commission Regulation</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_CashAndSecuritiesSegregatedUnderSecuritiesExchangeCommissionRegulation_lbl" xml:lang="en-US" id="id_11465422_2025119_2_1">Securities deposited</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashAndSecuritiesSegregatedUnderSecuritiesExchangeCommissionRegulation" xlink:to="us-gaap_CashAndSecuritiesSegregatedUnderSecuritiesExchangeCommissionRegulation_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_CashAndSecuritiesWithCarryingValuesDepositedAsCollateralForLettersOfCredit" xlink:label="l_CashAndSecuritiesWithCarryingValuesDepositedAsCollateralForLettersOfCredit"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_CashAndSecuritiesWithCarryingValuesDepositedAsCollateralForLettersOfCredit_lbl" xml:lang="en-US" id="id_11465422_2152273_3_1">Cash And Securities With Carrying Values Deposited As Collateral For Letters Of Credit</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_CashAndSecuritiesWithCarryingValuesDepositedAsCollateralForLettersOfCredit_lbl" xml:lang="en-US" id="id_11465422_2152273_1_1">Cash And Securities With Carrying Values Deposited As Collateral For Letters Of Credit</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_CashAndSecuritiesWithCarryingValuesDepositedAsCollateralForLettersOfCredit_lbl" xml:lang="en-US" id="id_11465422_2152273_2_1">Cash and securities with carrying values deposited as collateral for letters of credit</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_CashAndSecuritiesWithCarryingValuesDepositedAsCollateralForLettersOfCredit" xlink:to="l_CashAndSecuritiesWithCarryingValuesDepositedAsCollateralForLettersOfCredit_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashDividendsPaidToParentCompany" xlink:label="us-gaap_CashDividendsPaidToParentCompany"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CashDividendsPaidToParentCompany_lbl" xml:lang="en-US" id="id_11465422_2027959_1_1">Cash Dividends Paid to Parent Company</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_CashDividendsPaidToParentCompany_lbl" xml:lang="en-US" id="id_11465422_2027959_2_1">Cash dividends paid to the Company by affiliates</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashDividendsPaidToParentCompany" xlink:to="us-gaap_CashDividendsPaidToParentCompany_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_CatastropheLossesNetOfReinsurance" xlink:label="l_CatastropheLossesNetOfReinsurance"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_CatastropheLossesNetOfReinsurance_lbl" xml:lang="en-US" id="id_11465422_2232913_3_1">Catastrophe Losses Net Of Reinsurance</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_CatastropheLossesNetOfReinsurance_lbl" xml:lang="en-US" id="id_11465422_2232913_1_1">Catastrophe Losses Net Of Reinsurance</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_CatastropheLossesNetOfReinsurance_lbl" xml:lang="en-US" id="id_11465422_2232913_2_1">Catastrophe losses, net of reinsurance</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_CatastropheLossesNetOfReinsurance" xlink:to="l_CatastropheLossesNetOfReinsurance_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CausesOfIncreaseDecreaseInLiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseLineItems" xlink:label="us-gaap_CausesOfIncreaseDecreaseInLiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseLineItems"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CausesOfIncreaseDecreaseInLiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseLineItems_lbl" xml:lang="en-US" id="id_11465422_2022963_1_1">Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_CausesOfIncreaseDecreaseInLiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseLineItems_lbl" xml:lang="en-US" id="id_11465422_2022963_2_1">Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CausesOfIncreaseDecreaseInLiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseLineItems" xlink:to="us-gaap_CausesOfIncreaseDecreaseInLiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseLineItems_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CausesOfIncreaseDecreaseInLiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseTable" xlink:label="us-gaap_CausesOfIncreaseDecreaseInLiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseTable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CausesOfIncreaseDecreaseInLiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseTable_lbl" xml:lang="en-US" id="id_11465422_2023833_1_1">Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Table]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_CausesOfIncreaseDecreaseInLiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseTable_lbl" xml:lang="en-US" id="id_11465422_2023833_2_1">Causes of Increase (Decrease) in Liability for Unpaid Claims and Claims Adjustment Expense [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CausesOfIncreaseDecreaseInLiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseTable" xlink:to="us-gaap_CausesOfIncreaseDecreaseInLiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseTable_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_CededClaimAndClaimAdjustmentExpenses" xlink:label="l_CededClaimAndClaimAdjustmentExpenses"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_CededClaimAndClaimAdjustmentExpenses_lbl" xml:lang="en-US" id="id_11465422_2308279_3_1">Ceded Claim And Claim Adjustment Expenses</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_CededClaimAndClaimAdjustmentExpenses_lbl" xml:lang="en-US" id="id_11465422_2308279_1_1">Ceded Claim And Claim Adjustment Expenses</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="l_CededClaimAndClaimAdjustmentExpenses_lbl" xml:lang="en-US" id="id_11465422_2308279_4_1">Ceded reserves, end of year</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="l_CededClaimAndClaimAdjustmentExpenses_lbl" xml:lang="en-US" id="id_11465422_2308279_5_1">Ceded reserves, beginning of year</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_CededClaimAndClaimAdjustmentExpenses" xlink:to="l_CededClaimAndClaimAdjustmentExpenses_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CededCreditRiskAxis" xlink:label="us-gaap_CededCreditRiskAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CededCreditRiskAxis_lbl" xml:lang="en-US" id="id_11465422_2026011_1_1">Ceded Credit Risk, Reinsurer [Axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_CededCreditRiskAxis_lbl" xml:lang="en-US" id="id_11465422_2026011_2_1">Ceded Credit Risk, Reinsurer [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CededCreditRiskAxis" xlink:to="us-gaap_CededCreditRiskAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CededCreditRiskReinsurerDomain" xlink:label="us-gaap_CededCreditRiskReinsurerDomain"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CededCreditRiskReinsurerDomain_lbl" xml:lang="en-US" id="id_11465422_2025552_1_1">Ceded Credit Risk, Reinsurer [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_CededCreditRiskReinsurerDomain_lbl" xml:lang="en-US" id="id_11465422_2025552_2_1">Ceded Credit Risk, Reinsurer [Domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CededCreditRiskReinsurerDomain" xlink:to="us-gaap_CededCreditRiskReinsurerDomain_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_CededFuturePolicyBenefits" xlink:label="l_CededFuturePolicyBenefits"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_CededFuturePolicyBenefits_lbl" xml:lang="en-US" id="id_11465422_2295962_3_1">Ceded Future Policy Benefits</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_CededFuturePolicyBenefits_lbl" xml:lang="en-US" id="id_11465422_2295962_1_1">Ceded Future Policy Benefits</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_CededFuturePolicyBenefits_lbl" xml:lang="en-US" id="id_11465422_2295962_2_1">Ceded future policy benefits</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_CededFuturePolicyBenefits" xlink:to="l_CededFuturePolicyBenefits_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CededPremiumsEarned" xlink:label="us-gaap_CededPremiumsEarned"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CededPremiumsEarned_lbl" xml:lang="en-US" id="id_11465422_2023835_1_1">Ceded Premiums Earned</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_CededPremiumsEarned_lbl" xml:lang="en-US" id="id_11465422_2023835_2_1">Earned premiums, Ceded</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CededPremiumsEarned" xlink:to="us-gaap_CededPremiumsEarned_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_ChangeInShortTermInvestments" xlink:label="l_ChangeInShortTermInvestments"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_ChangeInShortTermInvestments_lbl" xml:lang="en-US" id="id_11465422_2292196_3_1">The net amount paid (received) by the reporting entity through acquisition (sale/maturities) of short-term investments with an original maturity that is less than 12 months which qualify for treatment as an investing activity based on management's intention and intended by management to be liquidated, if necessary, within the current operating cycle. Includes cash flows from securities classified as trading securities that were acquired for reasons other than sale in the short-term.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_ChangeInShortTermInvestments_lbl" xml:lang="en-US" id="id_11465422_2292196_1_1">Change In Short Term Investments</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_ChangeInShortTermInvestments_lbl" xml:lang="en-US" id="id_11465422_2292196_2_1">Change in investments, primarily short term</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="l_ChangeInShortTermInvestments_lbl" xml:lang="en-US" id="id_11465422_2292196_12_1">Change in short term investments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_ChangeInShortTermInvestments" xlink:to="l_ChangeInShortTermInvestments_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_ChangesInOwnershipPercentageOfAggregatePartnershipEquity" xlink:label="l_ChangesInOwnershipPercentageOfAggregatePartnershipEquity"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_ChangesInOwnershipPercentageOfAggregatePartnershipEquity_lbl" xml:lang="en-US" id="id_11465422_2153576_3_1">Changes In Ownership Percentage Of Aggregate Partnership Equity</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_ChangesInOwnershipPercentageOfAggregatePartnershipEquity_lbl" xml:lang="en-US" id="id_11465422_2153576_1_1">Changes In Ownership Percentage Of Aggregate Partnership Equity</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_ChangesInOwnershipPercentageOfAggregatePartnershipEquity_lbl" xml:lang="en-US" id="id_11465422_2153576_2_1">Changes in ownership percentage of aggregate partnership equity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_ChangesInOwnershipPercentageOfAggregatePartnershipEquity" xlink:to="l_ChangesInOwnershipPercentageOfAggregatePartnershipEquity_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_ChargeRelatedToRecognitionOfPremiumDeficiencyAndSmallDeficiencyInClaimReserves" xlink:label="l_ChargeRelatedToRecognitionOfPremiumDeficiencyAndSmallDeficiencyInClaimReserves"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_ChargeRelatedToRecognitionOfPremiumDeficiencyAndSmallDeficiencyInClaimReserves_lbl" xml:lang="en-US" id="id_11465422_2347993_3_1">Charge related to recognition of premium deficiency and small deficiency in claim reserves.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_ChargeRelatedToRecognitionOfPremiumDeficiencyAndSmallDeficiencyInClaimReserves_lbl" xml:lang="en-US" id="id_11465422_2347993_1_1">Charge Related To Recognition of Premium Deficiency and Small Deficiency in Claim Reserves</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_ChargeRelatedToRecognitionOfPremiumDeficiencyAndSmallDeficiencyInClaimReserves_lbl" xml:lang="en-US" id="id_11465422_2347993_2_1">Charge related to recognition of premium deficiency and small deficiency in claim reserves</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_ChargeRelatedToRecognitionOfPremiumDeficiencyAndSmallDeficiencyInClaimReserves" xlink:to="l_ChargeRelatedToRecognitionOfPremiumDeficiencyAndSmallDeficiencyInClaimReserves_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_ClaimAndAllocatedClaimUnderExistingThirdPartyReinsuranceContracts" xlink:label="l_ClaimAndAllocatedClaimUnderExistingThirdPartyReinsuranceContracts"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_ClaimAndAllocatedClaimUnderExistingThirdPartyReinsuranceContracts_lbl" xml:lang="en-US" id="id_11465422_2047663_3_1">Claim and allocated claim adjustment expense reserves under existing third party reinsurance contracts.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_ClaimAndAllocatedClaimUnderExistingThirdPartyReinsuranceContracts_lbl" xml:lang="en-US" id="id_11465422_2047663_1_1">Claim And Allocated Claim Under Existing Third Party Reinsurance Contracts</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_ClaimAndAllocatedClaimUnderExistingThirdPartyReinsuranceContracts_lbl" xml:lang="en-US" id="id_11465422_2047663_2_1">Ceded A&amp;EP claim and allocated claim adjustment expense reserves</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_ClaimAndAllocatedClaimUnderExistingThirdPartyReinsuranceContracts" xlink:to="l_ClaimAndAllocatedClaimUnderExistingThirdPartyReinsuranceContracts_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_ClaimAndClaimAdjustmentExpenseReservesLineItems" xlink:label="l_ClaimAndClaimAdjustmentExpenseReservesLineItems"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_ClaimAndClaimAdjustmentExpenseReservesLineItems_lbl" xml:lang="en-US" id="id_11465422_2306535_3_1">Claim And Claim Adjustment Expense Reserves [Line Items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_ClaimAndClaimAdjustmentExpenseReservesLineItems_lbl" xml:lang="en-US" id="id_11465422_2306535_1_1">Claim And Claim Adjustment Expense Reserves [Line Items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_ClaimAndClaimAdjustmentExpenseReservesLineItems_lbl" xml:lang="en-US" id="id_11465422_2306535_2_1">Claim And Claim Adjustment Expense Reserves [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_ClaimAndClaimAdjustmentExpenseReservesLineItems" xlink:to="l_ClaimAndClaimAdjustmentExpenseReservesLineItems_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_ClaimAndClaimAdjustmentExpenseReservesTable" xlink:label="l_ClaimAndClaimAdjustmentExpenseReservesTable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_ClaimAndClaimAdjustmentExpenseReservesTable_lbl" xml:lang="en-US" id="id_11465422_2058868_3_1">Claim And Claim Adjustment Expense Reserves [Table]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_ClaimAndClaimAdjustmentExpenseReservesTable_lbl" xml:lang="en-US" id="id_11465422_2058868_1_1">Claim And Claim Adjustment Expense Reserves [Table]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_ClaimAndClaimAdjustmentExpenseReservesTable_lbl" xml:lang="en-US" id="id_11465422_2058868_2_1">Claim And Claim Adjustment Expense Reserves [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_ClaimAndClaimAdjustmentExpenseReservesTable" xlink:to="l_ClaimAndClaimAdjustmentExpenseReservesTable_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClaimsDevelopmentLineItems" xlink:label="us-gaap_ClaimsDevelopmentLineItems"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ClaimsDevelopmentLineItems_lbl" xml:lang="en-US" id="id_11465422_2024046_1_1">Claims Development [Line Items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ClaimsDevelopmentLineItems_lbl" xml:lang="en-US" id="id_11465422_2024046_2_1">Claims Development [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ClaimsDevelopmentLineItems" xlink:to="us-gaap_ClaimsDevelopmentLineItems_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_CnaFinancialCorporationMember" xlink:label="l_CnaFinancialCorporationMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_CnaFinancialCorporationMember_lbl" xml:lang="en-US" id="id_11465422_2108633_3_1">CNA Financial Corporation [Member]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_CnaFinancialMember_lbl" xml:lang="en-US" id="id_11465422_2094776_1_1">CNA Financial [Member]</label>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_CombinedContinentalCasualtyCompaniesMember" xlink:label="l_CombinedContinentalCasualtyCompaniesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_CombinedContinentalCasualtyCompaniesMember_lbl" xml:lang="en-US" id="id_11465422_2072872_3_1">Combined Continental Casualty Companies</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_CombinedContinentalCasualtyCompaniesMember_lbl" xml:lang="en-US" id="id_11465422_2072872_1_1">Combined Continental Casualty Companies [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_CombinedContinentalCasualtyCompaniesMember_lbl" xml:lang="en-US" id="id_11465422_2072872_2_1">Combined Continental Casualty Companies [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_CombinedContinentalCasualtyCompaniesMember" xlink:to="l_CombinedContinentalCasualtyCompaniesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_CombinedStatutoryCapitalAndSurplusAndNetIncomeLossTableTextBlock" xlink:label="l_CombinedStatutoryCapitalAndSurplusAndNetIncomeLossTableTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_CombinedStatutoryCapitalAndSurplusAndNetIncomeLossTableTextBlock_lbl" xml:lang="en-US" id="id_11465422_2421250_3_1">Combined statutory capital and surplus and net income loss.</label>
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_CombinedStatutoryCapitalAndSurplusAndNetIncomeLossTableTextBlock" xlink:to="l_CombinedStatutoryCapitalAndSurplusAndNetIncomeLossTableTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_CommercialAutoMember" xlink:label="l_CommercialAutoMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_CommercialAutoMember_lbl" xml:lang="en-US" id="id_11465422_2420079_3_1">Commercial auto.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_CommercialAutoMember_lbl" xml:lang="en-US" id="id_11465422_2420079_1_1">Commercial Auto [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_CommercialAutoMember_lbl" xml:lang="en-US" id="id_11465422_2420079_2_1">Commercial Auto [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_CommercialAutoMember" xlink:to="l_CommercialAutoMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommercialMortgageBackedSecuritiesMember" xlink:label="us-gaap_CommercialMortgageBackedSecuritiesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommercialMortgageBackedSecuritiesMember_lbl" xml:lang="en-US" id="id_11465422_2026647_1_1">Commercial Mortgage Backed Securities [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_CommercialMortgageBackedSecuritiesMember_lbl" xml:lang="en-US" id="id_11465422_2026647_2_1">Commercial Mortgage-Backed [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommercialMortgageBackedSecuritiesMember" xlink:to="us-gaap_CommercialMortgageBackedSecuritiesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommercialPaperMember" xlink:label="us-gaap_CommercialPaperMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommercialPaperMember_lbl" xml:lang="en-US" id="id_11465422_2022976_1_1">Commercial Paper [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_CommercialPaperMember_lbl" xml:lang="en-US" id="id_11465422_2022976_2_1">Commercial Paper [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommercialPaperMember" xlink:to="us-gaap_CommercialPaperMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommitmentsAndContingencies" xlink:label="us-gaap_CommitmentsAndContingencies"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommitmentsAndContingencies_lbl" xml:lang="en-US" id="id_11465422_2022745_1_1">Commitments and Contingencies</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_CommitmentsAndContingencies_lbl" xml:lang="en-US" id="id_11465422_2022745_2_1">Commitments and contingent liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommitmentsAndContingencies" xlink:to="us-gaap_CommitmentsAndContingencies_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureAbstract_lbl" xml:lang="en-US" id="id_11465422_2026024_1_1">Commitments and Contingencies Disclosure [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureAbstract_lbl" xml:lang="en-US" id="id_11465422_2026024_2_1">Commitments and Contingencies Disclosure [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:to="us-gaap_CommitmentsAndContingenciesDisclosureAbstract_lbl"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_lbl" xml:lang="en-US" id="id_11465422_2027090_1_1">Commitments and Contingencies Disclosure [Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_lbl" xml:lang="en-US" id="id_11465422_2027090_2_1">Commitments and Contingencies</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock" xlink:to="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_lbl"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_CommitmentsAndContingenciesTable_lbl" xml:lang="en-US" id="id_11465422_2074249_3_1">Commitments And Contingencies [Table]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_CommitmentsAndContingenciesTable_lbl" xml:lang="en-US" id="id_11465422_2074249_1_1">Commitments And Contingencies [Table]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_CommitmentsAndContingenciesTable_lbl" xml:lang="en-US" id="id_11465422_2074249_2_1">Commitments And Contingencies [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_CommitmentsAndContingenciesTable" xlink:to="l_CommitmentsAndContingenciesTable_lbl"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_CommitmentsLineItems_lbl" xml:lang="en-US" id="id_11465422_2235206_3_1">Commitments [Line Items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_CommitmentsLineItems_lbl" xml:lang="en-US" id="id_11465422_2235206_1_1">Commitments [Line Items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_CommitmentsLineItems_lbl" xml:lang="en-US" id="id_11465422_2235206_2_1">Commitments [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_CommitmentsLineItems" xlink:to="l_CommitmentsLineItems_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_CommitmentsToPurchaseVariousPrivatelyPlacedDebtSecuritiesIncludingBankLoans" xlink:label="l_CommitmentsToPurchaseVariousPrivatelyPlacedDebtSecuritiesIncludingBankLoans"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_CommitmentsToPurchaseVariousPrivatelyPlacedDebtSecuritiesIncludingBankLoans_lbl" xml:lang="en-US" id="id_11465422_2065035_3_1">Commitments to purchase various privately placed debt securities, including bank loans</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_CommitmentsToPurchaseVariousPrivatelyPlacedDebtSecuritiesIncludingBankLoans_lbl" xml:lang="en-US" id="id_11465422_2065035_1_1">Commitments To Purchase Various Privately Placed Debt Securities Including Bank Loans</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_CommitmentsToPurchaseVariousPrivatelyPlacedDebtSecuritiesIncludingBankLoans_lbl" xml:lang="en-US" id="id_11465422_2065035_2_1">Commitments to purchase various privately placed debt securities, including bank loans</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_CommitmentsToPurchaseVariousPrivatelyPlacedDebtSecuritiesIncludingBankLoans" xlink:to="l_CommitmentsToPurchaseVariousPrivatelyPlacedDebtSecuritiesIncludingBankLoans_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_CommitmentsToSellVariousPrivatelyPlacedDebtSecuritiesIncludingBankLoans" xlink:label="l_CommitmentsToSellVariousPrivatelyPlacedDebtSecuritiesIncludingBankLoans"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_CommitmentsToSellVariousPrivatelyPlacedDebtSecuritiesIncludingBankLoans_lbl" xml:lang="en-US" id="id_11465422_2182368_3_1">Commitments to sell various privately placed debt securities including bank loans</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_CommitmentsToSellVariousPrivatelyPlacedDebtSecuritiesIncludingBankLoans_lbl" xml:lang="en-US" id="id_11465422_2182368_1_1">Commitments To Sell Various Privately Placed Debt Securities Including Bank Loans</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_CommitmentsToSellVariousPrivatelyPlacedDebtSecuritiesIncludingBankLoans_lbl" xml:lang="en-US" id="id_11465422_2182368_2_1">Commitments to sell various privately placed debt securities, including bank loans</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_CommitmentsToSellVariousPrivatelyPlacedDebtSecuritiesIncludingBankLoans" xlink:to="l_CommitmentsToSellVariousPrivatelyPlacedDebtSecuritiesIncludingBankLoans_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_CommoditiesFuturesMember" xlink:label="l_CommoditiesFuturesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_CommoditiesFuturesMember_lbl" xml:lang="en-US" id="id_11465422_2392171_3_1">Commodities Futures [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_CommoditiesFuturesMember_lbl" xml:lang="en-US" id="id_11465422_2392171_1_1">Commodities Futures [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_CommoditiesFuturesMember_lbl" xml:lang="en-US" id="id_11465422_2392171_2_1">Commodities Futures [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_CommoditiesFuturesMember" xlink:to="l_CommoditiesFuturesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockDividendsPerShareCashPaid" xlink:label="us-gaap_CommonStockDividendsPerShareCashPaid"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockDividendsPerShareCashPaid_lbl" xml:lang="en-US" id="id_11465422_2024055_1_1">Common Stock, Dividends, Per Share, Cash Paid</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_CommonStockDividendsPerShareCashPaid_lbl" xml:lang="en-US" id="id_11465422_2024055_2_1">Common stock dividend paid</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_CommonStockDividendsPerShareCashPaid_lbl" xml:lang="en-US" id="id_11465422_2024055_12_1">Dividends per share</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockDividendsPerShareCashPaid" xlink:to="us-gaap_CommonStockDividendsPerShareCashPaid_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockDividendsPerShareDeclared" xlink:label="us-gaap_CommonStockDividendsPerShareDeclared"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockDividendsPerShareDeclared_lbl" xml:lang="en-US" id="id_11465422_2024488_1_1">Common Stock, Dividends, Per Share, Declared</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_CommonStockDividendsPerShareDeclared_lbl" xml:lang="en-US" id="id_11465422_2024488_2_1">Common stock dividend declared</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockDividendsPerShareDeclared" xlink:to="us-gaap_CommonStockDividendsPerShareDeclared_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockMember" xlink:label="us-gaap_CommonStockMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockMember_lbl" xml:lang="en-US" id="id_11465422_2027302_1_1">Common Stock [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_CommonStockMember_lbl" xml:lang="en-US" id="id_11465422_2027302_2_1">Common Stock [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockMember" xlink:to="us-gaap_CommonStockMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockParOrStatedValuePerShare" xlink:label="us-gaap_CommonStockParOrStatedValuePerShare"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockParOrStatedValuePerShare_lbl" xml:lang="en-US" id="id_11465422_2021893_1_1">Common Stock, Par or Stated Value Per Share</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_CommonStockParOrStatedValuePerShare_lbl" xml:lang="en-US" id="id_11465422_2021893_2_1">Common stock, par value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockParOrStatedValuePerShare" xlink:to="us-gaap_CommonStockParOrStatedValuePerShare_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockSharesAuthorized" xlink:label="us-gaap_CommonStockSharesAuthorized"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockSharesAuthorized_lbl" xml:lang="en-US" id="id_11465422_2024271_1_1">Common Stock, Shares Authorized</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_CommonStockSharesAuthorized_lbl" xml:lang="en-US" id="id_11465422_2024271_2_1">Common stock, shares authorized</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockSharesAuthorized" xlink:to="us-gaap_CommonStockSharesAuthorized_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:label="us-gaap_CommonStockSharesIssued"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockSharesIssued_lbl" xml:lang="en-US" id="id_11465422_2022978_1_1">Common Stock, Shares, Issued</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_CommonStockSharesIssued_lbl" xml:lang="en-US" id="id_11465422_2022978_2_1">Common stock, shares issued</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockSharesIssued" xlink:to="us-gaap_CommonStockSharesIssued_lbl"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_lbl" xml:lang="en-US" id="id_11465422_2035324_1_1">Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest</label>
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest" xlink:to="us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_lbl"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_ComputingProvisionsForDepreciationTableTextBlock_lbl" xml:lang="en-US" id="id_11465422_2249773_3_1">Computing Provisions For Depreciation [Table Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_ComputingProvisionsForDepreciationTableTextBlock_lbl" xml:lang="en-US" id="id_11465422_2249773_1_1">Computing Provisions For Depreciation [Table Text Block]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract_lbl" xml:lang="en-US" id="id_11465422_2026860_1_1">Condensed Financial Information of Parent Company Only Disclosure [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract_lbl" xml:lang="en-US" id="id_11465422_2026860_2_1">Condensed Financial Information of Parent Company Only Disclosure [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract" xlink:to="us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock" xlink:label="us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock_lbl" xml:lang="en-US" id="id_11465422_2023411_1_1">Condensed Financial Information of Parent Company Only Disclosure [Text Block]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CondensedFinancialStatementsCaptionsLineItems_lbl" xml:lang="en-US" id="id_11465422_2027522_1_1">Condensed Financial Statements, Captions [Line Items]</label>
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CondensedFinancialStatementsCaptionsLineItems" xlink:to="us-gaap_CondensedFinancialStatementsCaptionsLineItems_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_ConsiderationForAmountsCededUnderLossPortfolioTransfer" xlink:label="l_ConsiderationForAmountsCededUnderLossPortfolioTransfer"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_ConsiderationForAmountsCededUnderLossPortfolioTransfer_lbl" xml:lang="en-US" id="id_11465422_2278244_3_1">Total consideration paid to NICO.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_ConsiderationForAmountsCededUnderLossPortfolioTransfer_lbl" xml:lang="en-US" id="id_11465422_2278244_1_1">Consideration for amounts ceded under Loss Portfolio Transfer</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ConsolidationItemsAxis_lbl" xml:lang="en-US" id="id_11465422_2022117_1_1">Consolidation Items [Axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ConsolidationItemsAxis_lbl" xml:lang="en-US" id="id_11465422_2022117_2_1">Consolidation Items [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ConsolidationItemsAxis" xlink:to="us-gaap_ConsolidationItemsAxis_lbl"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ConsolidationItemsDomain_lbl" xml:lang="en-US" id="id_11465422_2027981_1_1">Consolidation Items [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ConsolidationItemsDomain_lbl" xml:lang="en-US" id="id_11465422_2027981_2_1">Consolidation Items [Domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ConsolidationItemsDomain" xlink:to="us-gaap_ConsolidationItemsDomain_lbl"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ConsolidationPolicyTextBlock_lbl" xml:lang="en-US" id="id_11465422_2023415_1_1">Consolidation, Policy [Policy Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ConsolidationPolicyTextBlock_lbl" xml:lang="en-US" id="id_11465422_2023415_2_1">Principles of consolidation</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ConstructionInProgressGross_lbl" xml:lang="en-US" id="id_11465422_2022984_1_1">Construction in Progress, Gross</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ConstructionInProgressGross_lbl" xml:lang="en-US" id="id_11465422_2022984_2_1">Construction in process</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ConstructionInProgressGross" xlink:to="us-gaap_ConstructionInProgressGross_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_ContinentalAssuranceCompanyMember" xlink:label="l_ContinentalAssuranceCompanyMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_ContinentalAssuranceCompanyMember_lbl" xml:lang="en-US" id="id_11465422_2180308_3_1">Continental Assurance Company [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_ContinentalAssuranceCompanyMember_lbl" xml:lang="en-US" id="id_11465422_2180308_1_1">Continental Assurance Company [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_ContinentalAssuranceCompanyMember_lbl" xml:lang="en-US" id="id_11465422_2180308_2_1">CAC [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_ContinentalAssuranceCompanyMember" xlink:to="l_ContinentalAssuranceCompanyMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ContractRevenueCost" xlink:label="us-gaap_ContractRevenueCost"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ContractRevenueCost_lbl" xml:lang="en-US" id="id_11465422_2027314_1_1">Contract Revenue Cost</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ContractRevenueCost_lbl" xml:lang="en-US" id="id_11465422_2027314_2_1">Contract drilling expenses</label>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_CorporateAndOtherIncludingEliminationsMember" xlink:label="l_CorporateAndOtherIncludingEliminationsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_CorporateAndOtherIncludingEliminationsMember_lbl" xml:lang="en-US" id="id_11465422_2189993_3_1">Corporate And Other Including Eliminations [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_CorporateAndOtherIncludingEliminationsMember_lbl" xml:lang="en-US" id="id_11465422_2189993_1_1">Corporate And Other Including Eliminations [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_CorporateAndOtherIncludingEliminationsMember_lbl" xml:lang="en-US" id="id_11465422_2189993_2_1">Corporate [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_CorporateAndOtherIncludingEliminationsMember" xlink:to="l_CorporateAndOtherIncludingEliminationsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CorporateDebtSecuritiesMember" xlink:label="us-gaap_CorporateDebtSecuritiesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CorporateDebtSecuritiesMember_lbl" xml:lang="en-US" id="id_11465422_2024283_1_1">Corporate Debt Securities [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_CorporateDebtSecuritiesMember_lbl" xml:lang="en-US" id="id_11465422_2024283_2_1">Corporate and Other Bonds [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CorporateDebtSecuritiesMember" xlink:to="us-gaap_CorporateDebtSecuritiesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CorporateMember" xlink:label="us-gaap_CorporateMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CorporateMember_lbl" xml:lang="en-US" id="id_11465422_2022325_1_1">Corporate Segment [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_CorporateMember_lbl" xml:lang="en-US" id="id_11465422_2022325_2_1">Corporate [Member]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_CostEquitySecurities_lbl" xml:lang="en-US" id="id_11465422_2336783_3_1">This item represents the cost of equity securities, which are categorized as either trading or available-for-sale, net of adjustments made for accretion, amortization, other-than-temporary impairments and hedging, if any.</label>
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_CostEquitySecurities" xlink:to="l_CostEquitySecurities_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditFacilityAxis" xlink:label="us-gaap_CreditFacilityAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CreditFacilityAxis_lbl" xml:lang="en-US" id="id_11465422_2024073_1_1">Credit Facility [Axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_CreditFacilityAxis_lbl" xml:lang="en-US" id="id_11465422_2024073_2_1">Credit Facility [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CreditFacilityAxis" xlink:to="us-gaap_CreditFacilityAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditFacilityDomain" xlink:label="us-gaap_CreditFacilityDomain"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CreditFacilityDomain_lbl" xml:lang="en-US" id="id_11465422_2024074_1_1">Credit Facility [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_CreditFacilityDomain_lbl" xml:lang="en-US" id="id_11465422_2024074_2_1">Credit Facility [Domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CreditFacilityDomain" xlink:to="us-gaap_CreditFacilityDomain_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_CumulativeAmountsCededUnderLossPortfolioTransfer" xlink:label="l_CumulativeAmountsCededUnderLossPortfolioTransfer"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_CumulativeAmountsCededUnderLossPortfolioTransfer_lbl" xml:lang="en-US" id="id_11465422_2332472_3_1">Cumulative amounts ceded under loss portfolio transfer.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_CumulativeAmountsCededUnderLossPortfolioTransfer_lbl" xml:lang="en-US" id="id_11465422_2332472_1_1">Cumulative Amounts Ceded Under Loss Portfolio Transfer</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_CumulativeAmountsCededUnderLossPortfolioTransfer_lbl" xml:lang="en-US" id="id_11465422_2332472_2_1">Cumulative amounts ceded under the Loss Portfolio Transfer</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_CumulativeAmountsCededUnderLossPortfolioTransfer" xlink:to="l_CumulativeAmountsCededUnderLossPortfolioTransfer_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_CurrencyForwardsMember" xlink:label="l_CurrencyForwardsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_CurrencyForwardsMember_lbl" xml:lang="en-US" id="id_11465422_2141296_3_1">Currency Forwards [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_CurrencyForwardsMember_lbl" xml:lang="en-US" id="id_11465422_2141296_1_1">Currency Forwards [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_CurrencyForwardsMember_lbl" xml:lang="en-US" id="id_11465422_2141296_2_1">Currency Forwards [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_CurrencyForwardsMember" xlink:to="l_CurrencyForwardsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_CurrencyOptionsMember" xlink:label="l_CurrencyOptionsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_CurrencyOptionsMember_lbl" xml:lang="en-US" id="id_11465422_2287144_3_1">Currency Options [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_CurrencyOptionsMember_lbl" xml:lang="en-US" id="id_11465422_2287144_1_1">Currency Options [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_CurrencyOptionsMember_lbl" xml:lang="en-US" id="id_11465422_2287144_2_1">Currency Options [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_CurrencyOptionsMember" xlink:to="l_CurrencyOptionsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CurrentFederalTaxExpenseBenefit" xlink:label="us-gaap_CurrentFederalTaxExpenseBenefit"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CurrentFederalTaxExpenseBenefit_lbl" xml:lang="en-US" id="id_11465422_2022140_1_1">Current Federal Tax Expense (Benefit)</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_CurrentFederalTaxExpenseBenefit_lbl" xml:lang="en-US" id="id_11465422_2022140_2_1">Federal income tax expense (benefit), Current</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CurrentFederalTaxExpenseBenefit" xlink:to="us-gaap_CurrentFederalTaxExpenseBenefit_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_CurrentFiscalYearEndDate" xlink:label="dei_CurrentFiscalYearEndDate"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xml:lang="en-US" id="id_11465422_2024507_1_1">Current Fiscal Year End Date</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xml:lang="en-US" id="id_11465422_2024507_2_1">Current Fiscal Year End Date</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CurrentFiscalYearEndDate" xlink:to="dei_CurrentFiscalYearEndDate_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CurrentStateAndLocalTaxExpenseBenefit" xlink:label="us-gaap_CurrentStateAndLocalTaxExpenseBenefit"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CurrentStateAndLocalTaxExpenseBenefit_lbl" xml:lang="en-US" id="id_11465422_2026224_1_1">Current State and Local Tax Expense (Benefit)</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_CurrentStateAndLocalTaxExpenseBenefit_lbl" xml:lang="en-US" id="id_11465422_2026224_2_1">State and city income tax expense (benefit), Current</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CurrentStateAndLocalTaxExpenseBenefit" xlink:to="us-gaap_CurrentStateAndLocalTaxExpenseBenefit_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_CurrentYearClaimsAndClaimsAdjustmentExpenses" xlink:label="l_CurrentYearClaimsAndClaimsAdjustmentExpenses"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_CurrentYearClaimsAndClaimsAdjustmentExpenses_lbl" xml:lang="en-US" id="id_11465422_2117290_3_1">Current year claims and claims adjustment expenses.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_CurrentYearClaimsAndClaimsAdjustmentExpenses_lbl" xml:lang="en-US" id="id_11465422_2117290_1_1">Current Year Claims And Claims Adjustment Expenses</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_CurrentYearClaimsAndClaimsAdjustmentExpenses_lbl" xml:lang="en-US" id="id_11465422_2117290_2_1">Provision for insured events of current year</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_CurrentYearClaimsAndClaimsAdjustmentExpenses" xlink:to="l_CurrentYearClaimsAndClaimsAdjustmentExpenses_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="us-gaap_DebtDisclosureAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtDisclosureAbstract_lbl" xml:lang="en-US" id="id_11465422_2026667_1_1">Debt Disclosure [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DebtDisclosureAbstract_lbl" xml:lang="en-US" id="id_11465422_2026667_2_1">Debt Disclosure [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtDisclosureAbstract" xlink:to="us-gaap_DebtDisclosureAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtDisclosureTextBlock" xlink:label="us-gaap_DebtDisclosureTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtDisclosureTextBlock_lbl" xml:lang="en-US" id="id_11465422_2022560_1_1">Debt Disclosure [Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DebtDisclosureTextBlock_lbl" xml:lang="en-US" id="id_11465422_2022560_2_1">Debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtDisclosureTextBlock" xlink:to="us-gaap_DebtDisclosureTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="us-gaap_DebtInstrumentAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentAxis_lbl" xml:lang="en-US" id="id_11465422_2025588_1_1">Debt Instrument [Axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DebtInstrumentAxis_lbl" xml:lang="en-US" id="id_11465422_2025588_2_1">Debt Instrument [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentAxis" xlink:to="us-gaap_DebtInstrumentAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="us-gaap_DebtInstrumentCarryingAmount"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentCarryingAmount_lbl" xml:lang="en-US" id="id_11465422_2022561_1_1">Long-term Debt, Gross</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DebtInstrumentCarryingAmount_lbl" xml:lang="en-US" id="id_11465422_2022561_2_1">Debt, Gross</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_DebtInstrumentCarryingAmount_lbl" xml:lang="en-US" id="id_11465422_2022561_12_1">Principal</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentCarryingAmount" xlink:to="us-gaap_DebtInstrumentCarryingAmount_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentFaceAmount" xlink:label="us-gaap_DebtInstrumentFaceAmount"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentFaceAmount_lbl" xml:lang="en-US" id="id_11465422_2025810_1_1">Debt Instrument, Face Amount</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DebtInstrumentFaceAmount_lbl" xml:lang="en-US" id="id_11465422_2025810_2_1">Debt authorized</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_DebtInstrumentFaceAmount_lbl" xml:lang="en-US" id="id_11465422_2025810_12_1">Debt instrument principal amount</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentFaceAmount" xlink:to="us-gaap_DebtInstrumentFaceAmount_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentInterestRateEffectivePercentage" xlink:label="us-gaap_DebtInstrumentInterestRateEffectivePercentage"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentInterestRateEffectivePercentage_lbl" xml:lang="en-US" id="id_11465422_2025592_1_1">Debt Instrument, Interest Rate, Effective Percentage</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DebtInstrumentInterestRateEffectivePercentage_lbl" xml:lang="en-US" id="id_11465422_2025592_2_1">Effective interest rate</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentInterestRateEffectivePercentage" xlink:to="us-gaap_DebtInstrumentInterestRateEffectivePercentage_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:label="us-gaap_DebtInstrumentInterestRateStatedPercentage"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentInterestRateStatedPercentage_lbl" xml:lang="en-US" id="id_11465422_2022149_1_1">Debt Instrument, Interest Rate, Stated Percentage</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DebtInstrumentInterestRateStatedPercentage_lbl" xml:lang="en-US" id="id_11465422_2022149_2_1">Debt instrument interest rate</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_DebtInstrumentInterestRateStatedPercentage_lbl" xml:lang="en-US" id="id_11465422_2022149_12_1">Stated interest rate</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:to="us-gaap_DebtInstrumentInterestRateStatedPercentage_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="us-gaap_DebtInstrumentLineItems"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentLineItems_lbl" xml:lang="en-US" id="id_11465422_2021687_1_1">Debt Instrument [Line Items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DebtInstrumentLineItems_lbl" xml:lang="en-US" id="id_11465422_2021687_2_1">Debt Instrument [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentLineItems" xlink:to="us-gaap_DebtInstrumentLineItems_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentMaturityDate" xlink:label="us-gaap_DebtInstrumentMaturityDate"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentMaturityDate_lbl" xml:lang="en-US" id="id_11465422_2026454_1_1">Debt Instrument, Maturity Date</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DebtInstrumentMaturityDate_lbl" xml:lang="en-US" id="id_11465422_2026454_2_1">Debt maturity date</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentMaturityDate" xlink:to="us-gaap_DebtInstrumentMaturityDate_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_DebtInstrumentMaturityMonthAndYear" xlink:label="l_DebtInstrumentMaturityMonthAndYear"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_DebtInstrumentMaturityMonthAndYear_lbl" xml:lang="en-US" id="id_11465422_2284074_3_1">Debt instrument maturity month and year.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_DebtInstrumentMaturityMonthAndYear_lbl" xml:lang="en-US" id="id_11465422_2284074_1_1">Debt Instrument Maturity Month And Year</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_DebtInstrumentMaturityMonthAndYear_lbl" xml:lang="en-US" id="id_11465422_2284074_2_1">Revolving credit facility maturity period</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_DebtInstrumentMaturityMonthAndYear" xlink:to="l_DebtInstrumentMaturityMonthAndYear_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_DebtInstrumentMaturityYear" xlink:label="l_DebtInstrumentMaturityYear"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_DebtInstrumentMaturityYear_lbl" xml:lang="en-US" id="id_11465422_2191379_3_1">Debt instrument, maturity year.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_DebtInstrumentMaturityYear_lbl" xml:lang="en-US" id="id_11465422_2191379_1_1">Debt Instrument Maturity Year</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_DebtInstrumentMaturityYear_lbl" xml:lang="en-US" id="id_11465422_2191379_2_1">Maturity year</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_DebtInstrumentMaturityYear" xlink:to="l_DebtInstrumentMaturityYear_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="us-gaap_DebtInstrumentNameDomain"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentNameDomain_lbl" xml:lang="en-US" id="id_11465422_2035345_1_1">Debt Instrument, Name [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DebtInstrumentNameDomain_lbl" xml:lang="en-US" id="id_11465422_2035345_2_1">Debt Instrument, Name [Domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentNameDomain" xlink:to="us-gaap_DebtInstrumentNameDomain_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentRedemptionPeriodAxis" xlink:label="us-gaap_DebtInstrumentRedemptionPeriodAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentRedemptionPeriodAxis_lbl" xml:lang="en-US" id="id_11465422_2025812_1_1">Debt Instrument, Redemption, Period [Axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DebtInstrumentRedemptionPeriodAxis_lbl" xml:lang="en-US" id="id_11465422_2025812_2_1">Debt Instrument, Redemption, Period [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentRedemptionPeriodAxis" xlink:to="us-gaap_DebtInstrumentRedemptionPeriodAxis_lbl"/>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtSecurityAxis" xlink:label="us-gaap_DebtSecurityAxis"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DebtSecurityAxis_lbl" xml:lang="en-US" id="id_11465422_2027999_2_1">Debt Security [Axis]</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtWeightedAverageInterestRate" xlink:label="us-gaap_DebtWeightedAverageInterestRate"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtWeightedAverageInterestRate_lbl" xml:lang="en-US" id="id_11465422_2023642_1_1">Debt, Weighted Average Interest Rate</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DebtWeightedAverageInterestRate_lbl" xml:lang="en-US" id="id_11465422_2023642_2_1">Debt instrument, weighted average interest rate</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtWeightedAverageInterestRate" xlink:to="us-gaap_DebtWeightedAverageInterestRate_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_DeepwaterMember" xlink:label="l_DeepwaterMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_DeepwaterMember_lbl" xml:lang="en-US" id="id_11465422_2066832_3_1">Deepwater.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_DeepwaterMember_lbl" xml:lang="en-US" id="id_11465422_2066832_1_1">Deepwater [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_DeepwaterMember_lbl" xml:lang="en-US" id="id_11465422_2066832_2_1">Deepwater [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_DeepwaterMember" xlink:to="l_DeepwaterMember_lbl"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DeferredFederalIncomeTaxExpenseBenefit_lbl" xml:lang="en-US" id="id_11465422_2024086_2_1">Federal income tax expense (benefit), Deferred</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredFederalIncomeTaxExpenseBenefit" xlink:to="us-gaap_DeferredFederalIncomeTaxExpenseBenefit_lbl"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_DeferredIncomeTaxAndOtherLiabilities_lbl" xml:lang="en-US" id="id_11465422_2354206_3_1">Deferred Income Tax And Other Liabilities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_DeferredIncomeTaxAndOtherLiabilities_lbl" xml:lang="en-US" id="id_11465422_2354206_1_1">Deferred Income Tax And Other Liabilities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_DeferredIncomeTaxAndOtherLiabilities_lbl" xml:lang="en-US" id="id_11465422_2354206_2_1">Deferred income tax and other</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_DeferredIncomeTaxAndOtherLiabilities" xlink:to="l_DeferredIncomeTaxAndOtherLiabilities_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent" xlink:label="us-gaap_DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent_lbl" xml:lang="en-US" id="id_11465422_2022345_1_1">Deferred Income Taxes and Other Tax Liabilities, Noncurrent</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent_lbl" xml:lang="en-US" id="id_11465422_2022345_2_1">Deferred income taxes</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent" xlink:to="us-gaap_DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:label="us-gaap_DeferredIncomeTaxExpenseBenefit"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredIncomeTaxExpenseBenefit_lbl" xml:lang="en-US" id="id_11465422_2028007_1_1">Deferred Income Tax Expense (Benefit)</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DeferredIncomeTaxExpenseBenefit_lbl" xml:lang="en-US" id="id_11465422_2028007_2_1">Provision for deferred income taxes</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:to="us-gaap_DeferredIncomeTaxExpenseBenefit_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredIncomeTaxLiabilities" xlink:label="us-gaap_DeferredIncomeTaxLiabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredIncomeTaxLiabilities_lbl" xml:lang="en-US" id="id_11465422_2023213_1_1">Deferred Tax Liabilities, Gross</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:label="us-gaap_DeferredIncomeTaxLiabilities_lbl" xml:lang="en-US" id="id_11465422_2023213_19_1">Total deferred tax liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredIncomeTaxLiabilities" xlink:to="us-gaap_DeferredIncomeTaxLiabilities_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense" xlink:label="us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense_lbl" xml:lang="en-US" id="id_11465422_2021930_1_1">Deferred Policy Acquisition Cost, Amortization Expense</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense_lbl" xml:lang="en-US" id="id_11465422_2021930_2_1">Amortization of deferred acquisition costs</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense" xlink:to="us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredPolicyAcquisitionCosts" xlink:label="us-gaap_DeferredPolicyAcquisitionCosts"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredPolicyAcquisitionCosts_lbl" xml:lang="en-US" id="id_11465422_2022346_1_1">Deferred Policy Acquisition Costs</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DeferredPolicyAcquisitionCosts_lbl" xml:lang="en-US" id="id_11465422_2022346_2_1">Deferred acquisition costs of insurance subsidiaries</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredPolicyAcquisitionCosts" xlink:to="us-gaap_DeferredPolicyAcquisitionCosts_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit" xlink:label="us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_lbl" xml:lang="en-US" id="id_11465422_2024091_1_1">Deferred State and Local Income Tax Expense (Benefit)</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_lbl" xml:lang="en-US" id="id_11465422_2024091_2_1">State and city income tax expense (benefit), Deferred</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit" xlink:to="us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsGross" xlink:label="us-gaap_DeferredTaxAssetsGross"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredTaxAssetsGross_lbl" xml:lang="en-US" id="id_11465422_2027341_1_1">Deferred Tax Assets, Gross</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DeferredTaxAssetsGross_lbl" xml:lang="en-US" id="id_11465422_2027341_2_1">Deferred tax assets</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_DeferredTaxAssetsGross_lbl" xml:lang="en-US" id="id_11465422_2027341_6_1">Total deferred tax assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsGross" xlink:to="us-gaap_DeferredTaxAssetsGross_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsGrossAbstract" xlink:label="us-gaap_DeferredTaxAssetsGrossAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredTaxAssetsGrossAbstract_lbl" xml:lang="en-US" id="id_11465422_2022571_1_1">Deferred Tax Assets, Gross [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DeferredTaxAssetsGrossAbstract_lbl" xml:lang="en-US" id="id_11465422_2022571_2_1">Deferred tax assets:</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsInvestmentInSubsidiaries" xlink:label="us-gaap_DeferredTaxAssetsInvestmentInSubsidiaries"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredTaxAssetsInvestmentInSubsidiaries_lbl" xml:lang="en-US" id="id_11465422_2027553_1_1">Deferred Tax Assets, Investment in Subsidiaries</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DeferredTaxAssetsInvestmentInSubsidiaries_lbl" xml:lang="en-US" id="id_11465422_2027553_2_1">Basis differential in investment in subsidiary</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DefinedBenefitPlanActualReturnOnPlanAssets_lbl" xml:lang="en-US" id="id_11465422_2026897_2_1">Actual return on plan assets</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_DefinedBenefitPlanAgeOfEligibility_lbl" xml:lang="en-US" id="id_11465422_2239622_1_1">Defined Benefit Plan Age Of Eligibility</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DefinedBenefitPlanAssetsForPlanBenefitsCurrentAndNoncurrent_lbl" xml:lang="en-US" id="id_11465422_2023887_2_1">Other assets</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease_lbl" xml:lang="en-US" id="id_11465422_2024748_1_1">Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Rate of Compensation Increase</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate" xlink:label="us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate_lbl" xml:lang="en-US" id="id_11465422_2022358_1_1">Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Discount Rate</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate_lbl" xml:lang="en-US" id="id_11465422_2022358_2_1">Discount rate</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate" xlink:to="us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets" xlink:label="us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets_lbl" xml:lang="en-US" id="id_11465422_2021700_1_1">Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Expected Long-term Return on Assets</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets_lbl" xml:lang="en-US" id="id_11465422_2021700_2_1">Expected long term rate of return on plan assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets" xlink:to="us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRateOfCompensationIncrease" xlink:label="us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRateOfCompensationIncrease"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRateOfCompensationIncrease_lbl" xml:lang="en-US" id="id_11465422_2022171_1_1">Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Rate of Compensation Increase</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRateOfCompensationIncrease_lbl" xml:lang="en-US" id="id_11465422_2022171_2_1">Rate of compensation increase</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRateOfCompensationIncrease" xlink:to="us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRateOfCompensationIncrease_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanBenefitObligation" xlink:label="us-gaap_DefinedBenefitPlanBenefitObligation"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanBenefitObligation_lbl" xml:lang="en-US" id="id_11465422_2021942_1_1">Defined Benefit Plan, Benefit Obligation</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_DefinedBenefitPlanBenefitObligation_lbl" xml:lang="en-US" id="id_11465422_2021942_4_1">Benefit obligation, ending balance</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_DefinedBenefitPlanBenefitObligation_lbl" xml:lang="en-US" id="id_11465422_2021942_5_1">Benefit obligation, beginning balance</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanBenefitObligation" xlink:to="us-gaap_DefinedBenefitPlanBenefitObligation_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanBenefitsPaid" xlink:label="us-gaap_DefinedBenefitPlanBenefitsPaid"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanBenefitsPaid_lbl" xml:lang="en-US" id="id_11465422_2026246_1_1">Defined Benefit Plan, Benefits Paid</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_DefinedBenefitPlanBenefitsPaid_lbl" xml:lang="en-US" id="id_11465422_2026246_14_1">Benefits paid from plan assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanBenefitsPaid" xlink:to="us-gaap_DefinedBenefitPlanBenefitsPaid_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis" xlink:label="us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis_lbl" xml:lang="en-US" id="id_11465422_2024749_1_1">Defined Benefit Plan, Asset Categories [Axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis_lbl" xml:lang="en-US" id="id_11465422_2024749_2_1">Defined Benefit Plan, Asset Categories [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis" xlink:to="us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanChangeInBenefitObligationRollForward" xlink:label="us-gaap_DefinedBenefitPlanChangeInBenefitObligationRollForward"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanChangeInBenefitObligationRollForward_lbl" xml:lang="en-US" id="id_11465422_2028019_1_1">Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DefinedBenefitPlanChangeInBenefitObligationRollForward_lbl" xml:lang="en-US" id="id_11465422_2028019_2_1">Change in benefit obligation:</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanChangeInBenefitObligationRollForward" xlink:to="us-gaap_DefinedBenefitPlanChangeInBenefitObligationRollForward_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanChangeInFairValueOfPlanAssetsRollForward" xlink:label="us-gaap_DefinedBenefitPlanChangeInFairValueOfPlanAssetsRollForward"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanChangeInFairValueOfPlanAssetsRollForward_lbl" xml:lang="en-US" id="id_11465422_2021474_1_1">Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DefinedBenefitPlanChangeInFairValueOfPlanAssetsRollForward_lbl" xml:lang="en-US" id="id_11465422_2021474_2_1">Change in plan assets:</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanChangeInFairValueOfPlanAssetsRollForward" xlink:to="us-gaap_DefinedBenefitPlanChangeInFairValueOfPlanAssetsRollForward_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanContributionsByEmployer" xlink:label="us-gaap_DefinedBenefitPlanContributionsByEmployer"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanContributionsByEmployer_lbl" xml:lang="en-US" id="id_11465422_2024976_1_1">Defined Benefit Plan, Contributions by Employer</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DefinedBenefitPlanContributionsByEmployer_lbl" xml:lang="en-US" id="id_11465422_2024976_2_1">Company contributions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanContributionsByEmployer" xlink:to="us-gaap_DefinedBenefitPlanContributionsByEmployer_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanContributionsByPlanParticipants" xlink:label="us-gaap_DefinedBenefitPlanContributionsByPlanParticipants"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanContributionsByPlanParticipants_lbl" xml:lang="en-US" id="id_11465422_2021943_1_1">Defined Benefit Plan, Contributions by Plan Participants</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DefinedBenefitPlanContributionsByPlanParticipants_lbl" xml:lang="en-US" id="id_11465422_2021943_2_1">Plan participants' contributions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanContributionsByPlanParticipants" xlink:to="us-gaap_DefinedBenefitPlanContributionsByPlanParticipants_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanCurtailments" xlink:label="us-gaap_DefinedBenefitPlanCurtailments"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanCurtailments_lbl" xml:lang="en-US" id="id_11465422_2022786_1_1">Defined Benefit Plan, Curtailments</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DefinedBenefitPlanCurtailments_lbl" xml:lang="en-US" id="id_11465422_2022786_2_1">Defined benefit plan obligation, curtailment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanCurtailments" xlink:to="us-gaap_DefinedBenefitPlanCurtailments_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_DefinedBenefitPlanCurtailmentsAndAmendments" xlink:label="l_DefinedBenefitPlanCurtailmentsAndAmendments"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_DefinedBenefitPlanCurtailmentsAndAmendments_lbl" xml:lang="en-US" id="id_11465422_2231924_3_1">Defined Benefit Plan Curtailments And Amendments</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_DefinedBenefitPlanCurtailmentsAndAmendments_lbl" xml:lang="en-US" id="id_11465422_2231924_1_1">Defined Benefit Plan Curtailments And Amendments</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="l_DefinedBenefitPlanCurtailmentsAndAmendments_lbl" xml:lang="en-US" id="id_11465422_2231924_14_1">Amendments/curtailments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_DefinedBenefitPlanCurtailmentsAndAmendments" xlink:to="l_DefinedBenefitPlanCurtailmentsAndAmendments_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:label="us-gaap_DefinedBenefitPlanDisclosureLineItems"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanDisclosureLineItems_lbl" xml:lang="en-US" id="id_11465422_2024750_1_1">Defined Benefit Plan Disclosure [Line Items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DefinedBenefitPlanDisclosureLineItems_lbl" xml:lang="en-US" id="id_11465422_2024750_2_1">Defined Benefit Plan Disclosure [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:to="us-gaap_DefinedBenefitPlanDisclosureLineItems_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnAccumulatedPostretirementBenefitObligation1" xlink:label="us-gaap_DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnAccumulatedPostretirementBenefitObligation1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnAccumulatedPostretirementBenefitObligation1_lbl" xml:lang="en-US" id="id_11465422_2026069_1_1">Defined Benefit Plan, Effect of One Percentage Point Decrease on Accumulated Postretirement Benefit Obligation</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnAccumulatedPostretirementBenefitObligation1_lbl" xml:lang="en-US" id="id_11465422_2026069_2_1">Decrease of 1% in each year would decrease the Company's accumulated postretirement benefit obligation</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnAccumulatedPostretirementBenefitObligation1" xlink:to="us-gaap_DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnAccumulatedPostretirementBenefitObligation1_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnAccumulatedPostretirementBenefitObligation" xlink:label="us-gaap_DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnAccumulatedPostretirementBenefitObligation"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnAccumulatedPostretirementBenefitObligation_lbl" xml:lang="en-US" id="id_11465422_2023030_1_1">Defined Benefit Plan, Effect of One Percentage Point Increase on Accumulated Postretirement Benefit Obligation</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnAccumulatedPostretirementBenefitObligation_lbl" xml:lang="en-US" id="id_11465422_2023030_2_1">Increase of 1% in each year would increase the Company's accumulated postretirement benefit obligation</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnAccumulatedPostretirementBenefitObligation" xlink:to="us-gaap_DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnAccumulatedPostretirementBenefitObligation_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter_lbl" xml:lang="en-US" id="id_11465422_2021701_1_1">Defined Benefit Plan, Expected Future Benefit Payments, Five Fiscal Years Thereafter</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter_lbl" xml:lang="en-US" id="id_11465422_2021701_2_1">Expected future benefit payments 2022 - 2026</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter" xlink:to="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths_lbl" xml:lang="en-US" id="id_11465422_2024978_1_1">Defined Benefit Plan, Expected Future Benefit Payments, Next Twelve Months</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths_lbl" xml:lang="en-US" id="id_11465422_2024978_2_1">Expected future benefit payments 2017</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths" xlink:to="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive_lbl" xml:lang="en-US" id="id_11465422_2022787_1_1">Defined Benefit Plan, Expected Future Benefit Payments, Year Five</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive_lbl" xml:lang="en-US" id="id_11465422_2022787_2_1">Expected future benefit payments 2021</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour_lbl" xml:lang="en-US" id="id_11465422_2025614_1_1">Defined Benefit Plan, Expected Future Benefit Payments, Year Four</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour_lbl" xml:lang="en-US" id="id_11465422_2025614_2_1">Expected future benefit payments 2020</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour" xlink:to="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree_lbl" xml:lang="en-US" id="id_11465422_2023225_1_1">Defined Benefit Plan, Expected Future Benefit Payments, Year Three</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree_lbl" xml:lang="en-US" id="id_11465422_2023225_2_1">Expected future benefit payments 2019</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree" xlink:to="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo_lbl" xml:lang="en-US" id="id_11465422_2024103_1_1">Defined Benefit Plan, Expected Future Benefit Payments, Year Two</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo_lbl" xml:lang="en-US" id="id_11465422_2024103_2_1">Expected future benefit payments 2018</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo" xlink:to="us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedReturnOnPlanAssets" xlink:label="us-gaap_DefinedBenefitPlanExpectedReturnOnPlanAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanExpectedReturnOnPlanAssets_lbl" xml:lang="en-US" id="id_11465422_2026901_1_1">Defined Benefit Plan, Expected Return on Plan Assets</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_DefinedBenefitPlanExpectedReturnOnPlanAssets_lbl" xml:lang="en-US" id="id_11465422_2026901_14_1">Expected return on plan assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanExpectedReturnOnPlanAssets" xlink:to="us-gaap_DefinedBenefitPlanExpectedReturnOnPlanAssets_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanFairValueOfPlanAssets" xlink:label="us-gaap_DefinedBenefitPlanFairValueOfPlanAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanFairValueOfPlanAssets_lbl" xml:lang="en-US" id="id_11465422_2026073_1_1">Defined Benefit Plan, Fair Value of Plan Assets</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_DefinedBenefitPlanFairValueOfPlanAssets_lbl" xml:lang="en-US" id="id_11465422_2026073_4_1">Fair value of plan assets, ending balance</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_DefinedBenefitPlanFairValueOfPlanAssets_lbl" xml:lang="en-US" id="id_11465422_2026073_5_1">Fair value of plan assets, beginning balance</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DefinedBenefitPlanFairValueOfPlanAssets_lbl" xml:lang="en-US" id="id_11465422_2026073_2_1">Fair value of plan assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanFairValueOfPlanAssets" xlink:to="us-gaap_DefinedBenefitPlanFairValueOfPlanAssets_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_DefinedBenefitPlanFairValueOfPlanAssetsTableTextBlock" xlink:label="l_DefinedBenefitPlanFairValueOfPlanAssetsTableTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_DefinedBenefitPlanFairValueOfPlanAssetsTableTextBlock_lbl" xml:lang="en-US" id="id_11465422_2150498_3_1">Defined Benefit Plan Fair Value Of Plan Assets [Table Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_DefinedBenefitPlanFairValueOfPlanAssetsTableTextBlock_lbl" xml:lang="en-US" id="id_11465422_2150498_1_1">Defined Benefit Plan Fair Value Of Plan Assets [Table Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_DefinedBenefitPlanFairValueOfPlanAssetsTableTextBlock_lbl" xml:lang="en-US" id="id_11465422_2150498_2_1">Defined Benefit Plan, Fair Value of Plan Assets Measured on Recurring Basis</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_DefinedBenefitPlanFairValueOfPlanAssetsTableTextBlock" xlink:to="l_DefinedBenefitPlanFairValueOfPlanAssetsTableTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesBenefitObligation" xlink:label="us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesBenefitObligation"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesBenefitObligation_lbl" xml:lang="en-US" id="id_11465422_2027563_1_1">Defined Benefit Plan, Foreign Currency Exchange Rate Gain (Loss)</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesBenefitObligation_lbl" xml:lang="en-US" id="id_11465422_2027563_2_1">Foreign exchange</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesBenefitObligation" xlink:to="us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesBenefitObligation_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesPlanAssets" xlink:label="us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesPlanAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesPlanAssets_lbl" xml:lang="en-US" id="id_11465422_2027765_1_1">Defined Benefit Plan, Foreign Currency Exchange Rate Changes, Plan Assets</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesPlanAssets_lbl" xml:lang="en-US" id="id_11465422_2027765_2_1">Foreign exchange</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesPlanAssets" xlink:to="us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesPlanAssets_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanFundedStatusOfPlan" xlink:label="us-gaap_DefinedBenefitPlanFundedStatusOfPlan"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanFundedStatusOfPlan_lbl" xml:lang="en-US" id="id_11465422_2021944_1_1">Defined Benefit Plan, Funded Status of Plan</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DefinedBenefitPlanFundedStatusOfPlan_lbl" xml:lang="en-US" id="id_11465422_2021944_2_1">Funded status</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanFundedStatusOfPlan" xlink:to="us-gaap_DefinedBenefitPlanFundedStatusOfPlan_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanFutureAmortizationOfGainLoss" xlink:label="us-gaap_DefinedBenefitPlanFutureAmortizationOfGainLoss"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanFutureAmortizationOfGainLoss_lbl" xml:lang="en-US" id="id_11465422_2024979_1_1">Defined Benefit Plan, Future Amortization of Gain (Loss)</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_DefinedBenefitPlanFutureAmortizationOfGainLoss_lbl" xml:lang="en-US" id="id_11465422_2024979_14_1">Amortization of net actuarial (gain) loss</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanFutureAmortizationOfGainLoss" xlink:to="us-gaap_DefinedBenefitPlanFutureAmortizationOfGainLoss_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanFutureAmortizationOfPriorServiceCostCredit" xlink:label="us-gaap_DefinedBenefitPlanFutureAmortizationOfPriorServiceCostCredit"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanFutureAmortizationOfPriorServiceCostCredit_lbl" xml:lang="en-US" id="id_11465422_2027129_1_1">Defined Benefit Plan, Future Amortization of Prior Service Cost (Credit)</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DefinedBenefitPlanFutureAmortizationOfPriorServiceCostCredit_lbl" xml:lang="en-US" id="id_11465422_2027129_2_1">Amortization of prior service credit</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanFutureAmortizationOfPriorServiceCostCredit" xlink:to="us-gaap_DefinedBenefitPlanFutureAmortizationOfPriorServiceCostCredit_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanHealthCareCostTrendRateAssumedForNextFiscalYear" xlink:label="us-gaap_DefinedBenefitPlanHealthCareCostTrendRateAssumedForNextFiscalYear"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanHealthCareCostTrendRateAssumedForNextFiscalYear_lbl" xml:lang="en-US" id="id_11465422_2027354_1_1">Defined Benefit Plan, Health Care Cost Trend Rate Assumed for Next Fiscal Year</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DefinedBenefitPlanHealthCareCostTrendRateAssumedForNextFiscalYear_lbl" xml:lang="en-US" id="id_11465422_2027354_2_1">Health care cost trend rate assumed for next year</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanHealthCareCostTrendRateAssumedForNextFiscalYear" xlink:to="us-gaap_DefinedBenefitPlanHealthCareCostTrendRateAssumedForNextFiscalYear_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanInterestCost" xlink:label="us-gaap_DefinedBenefitPlanInterestCost"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanInterestCost_lbl" xml:lang="en-US" id="id_11465422_2025615_1_1">Defined Benefit Plan, Interest Cost</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DefinedBenefitPlanInterestCost_lbl" xml:lang="en-US" id="id_11465422_2025615_2_1">Interest cost</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanInterestCost" xlink:to="us-gaap_DefinedBenefitPlanInterestCost_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_DefinedBenefitPlanMember" xlink:label="l_DefinedBenefitPlanMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_DefinedBenefitPlanMember_lbl" xml:lang="en-US" id="id_11465422_2107355_3_1">Defined Benefit Plan [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_DefinedBenefitPlanMember_lbl" xml:lang="en-US" id="id_11465422_2107355_1_1">Defined Benefit Plan [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_DefinedBenefitPlanMember_lbl" xml:lang="en-US" id="id_11465422_2107355_2_1">Defined Benefit Plan [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_DefinedBenefitPlanMember" xlink:to="l_DefinedBenefitPlanMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost" xlink:label="us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost_lbl" xml:lang="en-US" id="id_11465422_2023033_1_1">Defined Benefit Plan, Net Periodic Benefit Cost</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost_lbl" xml:lang="en-US" id="id_11465422_2023033_6_1">Net periodic benefit cost</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost" xlink:to="us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation" xlink:label="us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation_lbl" xml:lang="en-US" id="id_11465422_2022789_1_1">Defined Benefit Plan, Pension Plans with Accumulated Benefit Obligations in Excess of Plan Assets, Aggregate Accumulated Benefit Obligation</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation_lbl" xml:lang="en-US" id="id_11465422_2022789_2_1">Accumulated benefit obligation</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation" xlink:to="us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets" xlink:label="us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets_lbl" xml:lang="en-US" id="id_11465422_2025416_1_1">Defined Benefit Plan, Pension Plans with Accumulated Benefit Obligations in Excess of Plan Assets, Aggregate Fair Value of Plan Assets</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets_lbl" xml:lang="en-US" id="id_11465422_2025416_2_1">Fair value of plan assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets" xlink:to="us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation" xlink:label="us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation_lbl" xml:lang="en-US" id="id_11465422_2027767_1_1">Defined Benefit Plan, Pension Plans with Accumulated Benefit Obligations in Excess of Plan Assets, Aggregate Projected Benefit Obligation</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation_lbl" xml:lang="en-US" id="id_11465422_2027767_2_1">Projected benefit obligation</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation" xlink:to="us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanPurchasesSalesAndSettlements" xlink:label="us-gaap_DefinedBenefitPlanPurchasesSalesAndSettlements"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DefinedBenefitPlanPurchasesSalesAndSettlements_lbl" xml:lang="en-US" id="id_11465422_2025617_2_1">Net Purchases, Sales, and Settlements</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanSettlementsBenefitObligation" xlink:label="us-gaap_DefinedBenefitPlanSettlementsBenefitObligation"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanSettlementsBenefitObligation_lbl" xml:lang="en-US" id="id_11465422_2021477_1_1">Defined Benefit Plan, Settlements, Benefit Obligation</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DefinedBenefitPlanSettlementsBenefitObligation_lbl" xml:lang="en-US" id="id_11465422_2021477_2_1">Settlement payment</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_DefinedBenefitPlanSettlementsBenefitObligation_lbl" xml:lang="en-US" id="id_11465422_2021477_14_1">Settlements</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanSettlementsBenefitObligation" xlink:to="us-gaap_DefinedBenefitPlanSettlementsBenefitObligation_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanSettlementsPlanAssets" xlink:label="us-gaap_DefinedBenefitPlanSettlementsPlanAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanSettlementsPlanAssets_lbl" xml:lang="en-US" id="id_11465422_2025184_1_1">Defined Benefit Plan, Settlements, Plan Assets</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_DefinedBenefitPlanSettlementsPlanAssets_lbl" xml:lang="en-US" id="id_11465422_2025184_14_1">Settlements</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedBenefitPlanSettlementsPlanAssets" xlink:to="us-gaap_DefinedBenefitPlanSettlementsPlanAssets_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanTargetPlanAssetAllocationsRangeMaximum" xlink:label="us-gaap_DefinedBenefitPlanTargetPlanAssetAllocationsRangeMaximum"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanTargetPlanAssetAllocationsRangeMaximum_lbl" xml:lang="en-US" id="id_11465422_2022177_1_1">Defined Benefit Plan, Target Plan Asset Allocations Range Maximum</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DefinedBenefitPlanTargetPlanAssetAllocationsRangeMaximum_lbl" xml:lang="en-US" id="id_11465422_2022177_2_1">Target allocation of plan assets invested in equity securities and limited partnerships, Maximum</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedBenefitPlanTargetPlanAssetAllocationsRangeMinimum_lbl" xml:lang="en-US" id="id_11465422_2024316_1_1">Defined Benefit Plan, Target Plan Asset Allocations Range Minimum</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DefinedBenefitPlanTargetPlanAssetAllocationsRangeMinimum_lbl" xml:lang="en-US" id="id_11465422_2024316_2_1">Target allocation of plan assets invested in equity securities and limited partnerships, Minimum</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DepositContractsLiabilities_lbl" xml:lang="en-US" id="id_11465422_2022178_2_1">Deposit liabilities</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DepreciationDepletionAndAmortization_lbl" xml:lang="en-US" id="id_11465422_2025422_2_1">Depreciation</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DerivativeInstrumentRiskAxis_lbl" xml:lang="en-US" id="id_11465422_2026703_2_1">Derivative Instrument [Axis]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DerivativeLineItems_lbl" xml:lang="en-US" id="id_11465422_2024117_2_1">Derivative [Line Items]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativeMember_lbl" xml:lang="en-US" id="id_11465422_2028030_1_1">Derivative [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DerivativeMember_lbl" xml:lang="en-US" id="id_11465422_2028030_2_1">Derivative Instruments [Member]</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_DerivativeNotionalAmount" xlink:label="invest_DerivativeNotionalAmount"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="invest_DerivativeNotionalAmount_lbl" xml:lang="en-US" id="id_11465422_2024990_1_1">Derivative, Notional Amount</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="invest_DerivativeNotionalAmount_lbl" xml:lang="en-US" id="id_11465422_2024990_2_1">Contractual/Notional Amount</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativesPolicyTextBlock" xlink:label="us-gaap_DerivativesPolicyTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativesPolicyTextBlock_lbl" xml:lang="en-US" id="id_11465422_2026493_1_1">Derivatives, Policy [Policy Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DerivativesPolicyTextBlock_lbl" xml:lang="en-US" id="id_11465422_2026493_2_1">Hedging</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeTable" xlink:label="us-gaap_DerivativeTable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativeTable_lbl" xml:lang="en-US" id="id_11465422_2023239_1_1">Derivative [Table]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DerivativeTable_lbl" xml:lang="en-US" id="id_11465422_2023239_2_1">Derivative [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeTable" xlink:to="us-gaap_DerivativeTable_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_DiamondOffshoreDrillingIncMember" xlink:label="l_DiamondOffshoreDrillingIncMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_DiamondOffshoreDrillingIncMember_lbl" xml:lang="en-US" id="id_11465422_2108623_3_1">Diamond Offshore Drilling, Inc. [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_DiamondOffshoreDrillingIncMember_lbl" xml:lang="en-US" id="id_11465422_2108623_1_1">Diamond Offshore Drilling Inc [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_DiamondOffshoreDrillingIncMember_lbl" xml:lang="en-US" id="id_11465422_2108623_2_1">Diamond Offshore Drilling, Inc. [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_DiamondOffshoreDrillingIncMember" xlink:to="l_DiamondOffshoreDrillingIncMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_DiamondOffshoreMember" xlink:label="l_DiamondOffshoreMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_DiamondOffshoreMember_lbl" xml:lang="en-US" id="id_11465422_2144636_3_1">Diamond Offshore [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_DiamondOffshoreMember_lbl" xml:lang="en-US" id="id_11465422_2144636_1_1">Diamond Offshore [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_DiamondOffshoreMember_lbl" xml:lang="en-US" id="id_11465422_2144636_2_1">Diamond Offshore [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_DiamondOffshoreMember" xlink:to="l_DiamondOffshoreMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_DirectAndCededEarnedPremiums" xlink:label="l_DirectAndCededEarnedPremiums"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_DirectAndCededEarnedPremiums_lbl" xml:lang="en-US" id="id_11465422_2071677_3_1">Direct and ceded earned premiums.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_DirectAndCededEarnedPremiums_lbl" xml:lang="en-US" id="id_11465422_2071677_1_1">Direct And Ceded Earned Premiums</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_DirectAndCededEarnedPremiums_lbl" xml:lang="en-US" id="id_11465422_2071677_2_1">Direct and ceded earned premiums</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_DirectAndCededEarnedPremiums" xlink:to="l_DirectAndCededEarnedPremiums_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DirectPremiumsEarned" xlink:label="us-gaap_DirectPremiumsEarned"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DirectPremiumsEarned_lbl" xml:lang="en-US" id="id_11465422_2024333_1_1">Direct Premiums Earned</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DirectPremiumsEarned_lbl" xml:lang="en-US" id="id_11465422_2024333_2_1">Earned premiums, Direct</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DirectPremiumsEarned" xlink:to="us-gaap_DirectPremiumsEarned_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_DiscontinuedOperationExpensesAbstract" xlink:label="l_DiscontinuedOperationExpensesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_DiscontinuedOperationExpensesAbstract_lbl" xml:lang="en-US" id="id_11465422_2234580_3_1">Discontinued Operation Expenses [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_DiscontinuedOperationExpensesAbstract_lbl" xml:lang="en-US" id="id_11465422_2234580_1_1">Discontinued Operation Expenses [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_DiscontinuedOperationExpensesAbstract_lbl" xml:lang="en-US" id="id_11465422_2234580_2_1">Expenses:</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax" xlink:label="us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax_lbl" xml:lang="en-US" id="id_11465422_2022596_1_1">Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax_lbl" xml:lang="en-US" id="id_11465422_2022596_2_1">Loss on sale, net of tax benefit</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax" xlink:to="us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax" xlink:label="us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax_lbl" xml:lang="en-US" id="id_11465422_2026090_1_1">Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, before Income Tax</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax_lbl" xml:lang="en-US" id="id_11465422_2026090_6_1">Income (loss) before income tax</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax" xlink:label="us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax_lbl" xml:lang="en-US" id="id_11465422_2027148_1_1">Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax_lbl" xml:lang="en-US" id="id_11465422_2027148_6_1">Results of discontinued operations, net of income tax</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicAndDilutedShare" xlink:label="us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicAndDilutedShare"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicAndDilutedShare_lbl" xml:lang="en-US" id="id_11465422_2025445_1_1">Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Basic and Diluted Share</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicAndDilutedShare_lbl" xml:lang="en-US" id="id_11465422_2025445_2_1">Discontinued operations, net</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicAndDilutedShare" xlink:to="us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicAndDilutedShare_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DiscontinuedOperationProvisionForLossGainOnDisposalNetOfTax" xlink:label="us-gaap_DiscontinuedOperationProvisionForLossGainOnDisposalNetOfTax"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DiscontinuedOperationProvisionForLossGainOnDisposalNetOfTax_lbl" xml:lang="en-US" id="id_11465422_2024336_1_1">Discontinued Operation, Provision for Loss (Gain) on Disposal, Net of Tax</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_DiscontinuedOperationProvisionForLossGainOnDisposalNetOfTax_lbl" xml:lang="en-US" id="id_11465422_2024336_14_1">Impairment loss, net of tax benefit</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DiscontinuedOperationProvisionForLossGainOnDisposalNetOfTax" xlink:to="us-gaap_DiscontinuedOperationProvisionForLossGainOnDisposalNetOfTax_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_DiscontinuedOperationRevenueAbstract" xlink:label="l_DiscontinuedOperationRevenueAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_DiscontinuedOperationRevenueAbstract_lbl" xml:lang="en-US" id="id_11465422_2281370_3_1">Discontinued Operation Revenue [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_DiscontinuedOperationRevenueAbstract_lbl" xml:lang="en-US" id="id_11465422_2281370_1_1">Discontinued Operation Revenue [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_DiscontinuedOperationRevenueAbstract_lbl" xml:lang="en-US" id="id_11465422_2281370_2_1">Revenues:</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DiscontinuedOperationsAndDisposalGroupsAbstract" xlink:label="us-gaap_DiscontinuedOperationsAndDisposalGroupsAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DiscontinuedOperationsAndDisposalGroupsAbstract_lbl" xml:lang="en-US" id="id_11465422_2026505_1_1">Discontinued Operations and Disposal Groups [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DiscontinuedOperationsAndDisposalGroupsAbstract_lbl" xml:lang="en-US" id="id_11465422_2026505_2_1">Discontinued Operations and Disposal Groups [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DiscontinuedOperationsAndDisposalGroupsAbstract" xlink:to="us-gaap_DiscontinuedOperationsAndDisposalGroupsAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DiscontinuedOperationTaxEffectOfIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriod" xlink:label="us-gaap_DiscontinuedOperationTaxEffectOfIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriod"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DiscontinuedOperationTaxEffectOfIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriod_lbl" xml:lang="en-US" id="id_11465422_2023067_1_1">Discontinued Operation, Tax Effect of Income (Loss) from Discontinued Operation During Phase-out Period</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_DiscontinuedOperationTaxEffectOfIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriod_lbl" xml:lang="en-US" id="id_11465422_2023067_14_1">Income tax (expense) benefit</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DiscontinuedOperationTaxEffectOfIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriod" xlink:to="us-gaap_DiscontinuedOperationTaxEffectOfIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriod_lbl"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DiscontinuedOperationTaxEffectOfIncomeLossFromDisposalOfDiscontinuedOperation_lbl" xml:lang="en-US" id="id_11465422_2025006_1_1">Discontinued Operation, Tax Effect of Gain (Loss) from Disposal of Discontinued Operation</label>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_DisposalGroupIncludingDiscontinuedOperationAvailableForSaleSecuritiesGrossRealizedGainLossNet" xlink:label="l_DisposalGroupIncludingDiscontinuedOperationAvailableForSaleSecuritiesGrossRealizedGainLossNet"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_DisposalGroupIncludingDiscontinuedOperationAvailableForSaleSecuritiesGrossRealizedGainLossNet_lbl" xml:lang="en-US" id="id_11465422_2107235_3_1">Disposal Group Including Discontinued Operation Available For Sale Securities Gross Realized Gain Loss Net</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_DisposalGroupIncludingDiscontinuedOperationAvailableForSaleSecuritiesGrossRealizedGainLossNet_lbl" xml:lang="en-US" id="id_11465422_2107235_2_1">Investment gains</label>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_DisposalGroupIncludingDiscontinuedOperationExpensesImpairmentOfNaturalGasAndOilProperties" xlink:label="l_DisposalGroupIncludingDiscontinuedOperationExpensesImpairmentOfNaturalGasAndOilProperties"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_DisposalGroupIncludingDiscontinuedOperationExpensesImpairmentOfNaturalGasAndOilProperties_lbl" xml:lang="en-US" id="id_11465422_2231154_3_1">Disposal Group Including Discontinued Operation Expenses Impairment Of Natural Gas And Oil Properties</label>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_DisposalGroupIncludingDiscontinuedOperationExpensesImpairmentOfNaturalGasAndOilPropertiesNetOfTax" xlink:label="l_DisposalGroupIncludingDiscontinuedOperationExpensesImpairmentOfNaturalGasAndOilPropertiesNetOfTax"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_DisposalGroupIncludingDiscontinuedOperationExpensesImpairmentOfNaturalGasAndOilPropertiesNetOfTax_lbl" xml:lang="en-US" id="id_11465422_2201773_3_1">Disposal Group Including Discontinued Operation Expenses Impairment Of Natural Gas And Oil Properties Net Of Tax</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_DisposalGroupIncludingDiscontinuedOperationExpensesImpairmentOfNaturalGasAndOilPropertiesNetOfTax_lbl" xml:lang="en-US" id="id_11465422_2201773_1_1">Disposal Group Including Discontinued Operation Expenses Impairment Of Natural Gas And Oil Properties Net Of Tax</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DisposalGroupIncludingDiscontinuedOperationInterestExpense_lbl" xml:lang="en-US" id="id_11465422_2023254_1_1">Disposal Group, Including Discontinued Operation, Interest Expense</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DisposalGroupIncludingDiscontinuedOperationInterestExpense_lbl" xml:lang="en-US" id="id_11465422_2023254_2_1">Interest</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_DisposalGroupIncludingDiscontinuedOperationNetInvestmentIncomeAndGainsLossesOnTradingSecurities_lbl" xml:lang="en-US" id="id_11465422_2085879_3_1">Disposal Group Including Discontinued Operation Net Investment Income And Gains Losses On Trading Securities</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DisposalGroupIncludingDiscontinuedOperationOperatingExpense_lbl" xml:lang="en-US" id="id_11465422_2026508_2_1">Operating</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DisposalGroupIncludingDiscontinuedOperationOtherExpense_lbl" xml:lang="en-US" id="id_11465422_2021727_2_1">Other operating expenses</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_DisposalGroupIncludingDiscontinuedOperationOtherOperatingRevenues_lbl" xml:lang="en-US" id="id_11465422_2281291_3_1">Disposal Group Including Discontinued Operation Other Operating Revenues</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_DisposalGroupIncludingDiscontinuedOperationOtherOperatingRevenues_lbl" xml:lang="en-US" id="id_11465422_2281291_1_1">Disposal Group Including Discontinued Operation Other Operating Revenues</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_DisposalGroupIncludingDiscontinuedOperationOtherOperatingRevenues_lbl" xml:lang="en-US" id="id_11465422_2281291_2_1">Other revenue, primarily operating</label>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_DisposalGroupIncludingDiscontinuedOperationPolicyholderBenefitsAndClaimsIncurredNet" xlink:label="l_DisposalGroupIncludingDiscontinuedOperationPolicyholderBenefitsAndClaimsIncurredNet"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_DisposalGroupIncludingDiscontinuedOperationPolicyholderBenefitsAndClaimsIncurredNet_lbl" xml:lang="en-US" id="id_11465422_2195497_3_1">Disposal Group Including Discontinued Operation Policyholder Benefits And Claims Incurred Net</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_DisposalGroupIncludingDiscontinuedOperationPolicyholderBenefitsAndClaimsIncurredNet_lbl" xml:lang="en-US" id="id_11465422_2195497_1_1">Disposal Group Including Discontinued Operation Policyholder Benefits And Claims Incurred Net</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisposalGroupIncludingDiscontinuedOperationRevenue" xlink:label="us-gaap_DisposalGroupIncludingDiscontinuedOperationRevenue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DisposalGroupIncludingDiscontinuedOperationRevenue_lbl" xml:lang="en-US" id="id_11465422_2027794_1_1">Disposal Group, Including Discontinued Operation, Revenue</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_DisposalGroupIncludingDiscontinuedOperationRevenue_lbl" xml:lang="en-US" id="id_11465422_2027794_6_1">Total</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DividendsCash" xlink:label="us-gaap_DividendsCash"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DividendsCash_lbl" xml:lang="en-US" id="id_11465422_2027153_1_1">Dividends, Cash</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_DividendsCash_lbl" xml:lang="en-US" id="id_11465422_2027153_14_1">Dividends paid</label>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_FairValueOfCollateralTrustAccount" xlink:label="l_FairValueOfCollateralTrustAccount"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_FairValueOfCollateralTrustAccount_lbl" xml:lang="en-US" id="id_11465422_2111011_3_1">Fair Value Of Collateral Trust Account</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_FairValueOfCollateralTrustAccount_lbl" xml:lang="en-US" id="id_11465422_2111011_1_1">Fair Value Of Collateral Trust Account</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_FairValueUnobservableInputsDiscountRateRiskPremium_lbl" xml:lang="en-US" id="id_11465422_2306921_3_1">Fair value unobservable inputs discount rate risk premium</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_FairValueUnobservableInputsMortalityAssumption_lbl" xml:lang="en-US" id="id_11465422_2075232_3_1">Fair value unobservable inputs mortality assumption</label>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_FavorableNetPriorYearDevelopment" xlink:label="l_FavorableNetPriorYearDevelopment"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_FavorableNetPriorYearDevelopment_lbl" xml:lang="en-US" id="id_11465422_2065835_3_1">Favorable Net Prior Year Development</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_FavorableNetPriorYearDevelopment_lbl" xml:lang="en-US" id="id_11465422_2065835_1_1">Favorable Net Prior Year Development</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_FivePointEightPercentageNotesDueTwoZeroOneNineMember_lbl" xml:lang="en-US" id="id_11465422_2062428_3_1">Five Point Eight Percentage Notes Due Two Zero One Nine [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_FivePointEightPercentageNotesDueTwoZeroOneNineMember_lbl" xml:lang="en-US" id="id_11465422_2062428_1_1">Five Point Eight Percentage Notes Due Two Zero One Nine [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_FivePointEightPercentageNotesDueTwoZeroOneNineMember_lbl" xml:lang="en-US" id="id_11465422_2062428_2_1">5.8% Notes Due 2019 [Member]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_FivePointEightPercentageNotesDueTwoZeroTwoOneMember_lbl" xml:lang="en-US" id="id_11465422_2345732_3_1">Five Point Eight Percentage Notes Due Two Zero Two One [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_FivePointEightPercentageNotesDueTwoZeroTwoOneMember_lbl" xml:lang="en-US" id="id_11465422_2345732_1_1">Five Point Eight Percentage Notes Due Two Zero Two One [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_FivePointEightPercentageNotesDueTwoZeroTwoOneMember_lbl" xml:lang="en-US" id="id_11465422_2345732_2_1">5.8% Notes Due 2021 [Member]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_FivePointFivePercentageNotesDueTwoZeroOneSevenMember_lbl" xml:lang="en-US" id="id_11465422_2081354_3_1">Five Point Five Percentage Notes Due Two Zero One Seven [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_FivePointFivePercentageNotesDueTwoZeroOneSevenMember_lbl" xml:lang="en-US" id="id_11465422_2081354_1_1">Five Point Five Percentage Notes Due Two Zero One Seven [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_FivePointFivePercentageNotesDueTwoZeroOneSevenMember_lbl" xml:lang="en-US" id="id_11465422_2081354_2_1">5.5% Notes Due 2017 [Member]</label>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_FivePointNinePercentageNotesDueTwoZeroOneNineMember" xlink:label="l_FivePointNinePercentageNotesDueTwoZeroOneNineMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_FivePointNinePercentageNotesDueTwoZeroOneNineMember_lbl" xml:lang="en-US" id="id_11465422_2277419_3_1">Five Point Nine Percentage Notes Due Two Zero One Nine [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_FivePointNinePercentageNotesDueTwoZeroOneNineMember_lbl" xml:lang="en-US" id="id_11465422_2277419_1_1">Five Point Nine Percentage Notes Due Two Zero One Nine [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_FivePointNinePercentageNotesDueTwoZeroOneNineMember_lbl" xml:lang="en-US" id="id_11465422_2277419_2_1">5.9% Notes Due 2019 [Member]</label>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_FivePointNinePercentageNotesDueTwoZeroOneSixMember" xlink:label="l_FivePointNinePercentageNotesDueTwoZeroOneSixMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_FivePointNinePercentageNotesDueTwoZeroOneSixMember_lbl" xml:lang="en-US" id="id_11465422_2205712_3_1">Five Point Nine Percentage Notes Due Two Zero One Six [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_FivePointNinePercentageNotesDueTwoZeroOneSixMember_lbl" xml:lang="en-US" id="id_11465422_2205712_1_1">Five Point Nine Percentage Notes Due Two Zero One Six [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_FivePointNinePercentageNotesDueTwoZeroOneSixMember_lbl" xml:lang="en-US" id="id_11465422_2205712_2_1">5.9% Notes Due 2016 [Member]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_FivePointNinePercentageNotesDueTwoZeroTwoZeroMember_lbl" xml:lang="en-US" id="id_11465422_2096989_3_1">Five Point Nine Percentage Notes Due Two Zero Two Zero [Member].</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_FivePointNinePercentageNotesDueTwoZeroTwoZeroMember_lbl" xml:lang="en-US" id="id_11465422_2096989_1_1">Five Point Nine Percentage Notes Due Two Zero Two Zero [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_FivePointNinePercentageNotesDueTwoZeroTwoZeroMember_lbl" xml:lang="en-US" id="id_11465422_2096989_2_1">5.9% Notes Due 2020 [Member]</label>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_FivePointSevenPercentageNotesDueTwoZeroThreeNineMember" xlink:label="l_FivePointSevenPercentageNotesDueTwoZeroThreeNineMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_FivePointSevenPercentageNotesDueTwoZeroThreeNineMember_lbl" xml:lang="en-US" id="id_11465422_2340907_3_1">Five Point Seven Percentage Notes Due Two Zero Three Nine [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_FivePointSevenPercentageNotesDueTwoZeroThreeNineMember_lbl" xml:lang="en-US" id="id_11465422_2340907_1_1">Five Point Seven Percentage Notes Due Two Zero Three Nine [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_FivePointSevenPercentageNotesDueTwoZeroThreeNineMember_lbl" xml:lang="en-US" id="id_11465422_2340907_2_1">5.7% Notes Due 2039 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_FivePointSevenPercentageNotesDueTwoZeroThreeNineMember" xlink:to="l_FivePointSevenPercentageNotesDueTwoZeroThreeNineMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_FivePointThreePercentageNotesDueTwoZeroOneSixMember" xlink:label="l_FivePointThreePercentageNotesDueTwoZeroOneSixMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_FivePointThreePercentageNotesDueTwoZeroOneSixMember_lbl" xml:lang="en-US" id="id_11465422_2332724_3_1">Five Point Three Percentage Notes Due Two Zero One Six [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_FivePointThreePercentageNotesDueTwoZeroOneSixMember_lbl" xml:lang="en-US" id="id_11465422_2332724_1_1">Five Point Three Percentage Notes Due Two Zero One Six [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_FivePointThreePercentageNotesDueTwoZeroOneSixMember_lbl" xml:lang="en-US" id="id_11465422_2332724_2_1">5.3% Notes Due 2016 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_FivePointThreePercentageNotesDueTwoZeroOneSixMember" xlink:to="l_FivePointThreePercentageNotesDueTwoZeroOneSixMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_FivePointThreePercentSeniorNotesMember" xlink:label="l_FivePointThreePercentSeniorNotesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_FivePointThreePercentSeniorNotesMember_lbl" xml:lang="en-US" id="id_11465422_2130145_3_1">Five point three percent senior notes.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_FivePointThreePercentSeniorNotesMember_lbl" xml:lang="en-US" id="id_11465422_2130145_1_1">Five Point Three Percent Senior Notes [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_FivePointThreePercentSeniorNotesMember_lbl" xml:lang="en-US" id="id_11465422_2130145_2_1">5.3% Senior Notes [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_FivePointThreePercentSeniorNotesMember" xlink:to="l_FivePointThreePercentSeniorNotesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_FivePointTwoPercentageNotesDueTwoZeroOneEightMember" xlink:label="l_FivePointTwoPercentageNotesDueTwoZeroOneEightMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_FivePointTwoPercentageNotesDueTwoZeroOneEightMember_lbl" xml:lang="en-US" id="id_11465422_2356806_3_1">Five Point Two Percentage Notes Due Two Zero One Eight [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_FivePointTwoPercentageNotesDueTwoZeroOneEightMember_lbl" xml:lang="en-US" id="id_11465422_2356806_1_1">Five Point Two Percentage Notes Due Two Zero One Eight [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_FivePointTwoPercentageNotesDueTwoZeroOneEightMember_lbl" xml:lang="en-US" id="id_11465422_2356806_2_1">5.2% Notes Due 2018 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_FivePointTwoPercentageNotesDueTwoZeroOneEightMember" xlink:to="l_FivePointTwoPercentageNotesDueTwoZeroOneEightMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_FivePointZeroPercentageNotesDueTwoZeroTwoFourMember" xlink:label="l_FivePointZeroPercentageNotesDueTwoZeroTwoFourMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_FivePointZeroPercentageNotesDueTwoZeroTwoFourMember_lbl" xml:lang="en-US" id="id_11465422_2246859_3_1">Five Point Zero Percentage Notes Due Two Zero Two Four [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_FivePointZeroPercentageNotesDueTwoZeroTwoFourMember_lbl" xml:lang="en-US" id="id_11465422_2246859_1_1">Five Point Zero Percentage Notes Due Two Zero Two Four [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_FivePointZeroPercentageNotesDueTwoZeroTwoFourMember_lbl" xml:lang="en-US" id="id_11465422_2246859_2_1">5.0% Notes Due 2024 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_FivePointZeroPercentageNotesDueTwoZeroTwoFourMember" xlink:to="l_FivePointZeroPercentageNotesDueTwoZeroTwoFourMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FixedIncomeFundsMember" xlink:label="us-gaap_FixedIncomeFundsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FixedIncomeFundsMember_lbl" xml:lang="en-US" id="id_11465422_2025693_1_1">Fixed Income Funds [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_FixedIncomeFundsMember_lbl" xml:lang="en-US" id="id_11465422_2025693_2_1">Fixed Income Mutual Funds [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FixedIncomeFundsMember" xlink:to="us-gaap_FixedIncomeFundsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FixedIncomeSecuritiesMember" xlink:label="us-gaap_FixedIncomeSecuritiesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FixedIncomeSecuritiesMember_lbl" xml:lang="en-US" id="id_11465422_2022673_1_1">Fixed Income Securities [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_FixedIncomeSecuritiesMember_lbl" xml:lang="en-US" id="id_11465422_2022673_2_1">Fixed Maturity Securities [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FixedIncomeSecuritiesMember" xlink:to="us-gaap_FixedIncomeSecuritiesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_FixedMaturitiesAvailableForSaleMember" xlink:label="l_FixedMaturitiesAvailableForSaleMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_FixedMaturitiesAvailableForSaleMember_lbl" xml:lang="en-US" id="id_11465422_2057639_3_1">Fixed Maturities Available For Sale [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_FixedMaturitiesAvailableForSaleMember_lbl" xml:lang="en-US" id="id_11465422_2057639_1_1">Fixed Maturities Available For Sale [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_FixedMaturitiesAvailableForSaleMember_lbl" xml:lang="en-US" id="id_11465422_2057639_2_1">Total Fixed Maturities Available-for-Sale [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_FixedMaturitiesAvailableForSaleMember" xlink:to="l_FixedMaturitiesAvailableForSaleMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FixedMaturitiesMember" xlink:label="us-gaap_FixedMaturitiesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FixedMaturitiesMember_lbl" xml:lang="en-US" id="id_11465422_2031975_1_1">Fixed Maturities [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_FixedMaturitiesMember_lbl" xml:lang="en-US" id="id_11465422_2031975_2_1">Total Fixed Maturities [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FixedMaturitiesMember" xlink:to="us-gaap_FixedMaturitiesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_FixedMaturitiesTradingMember" xlink:label="l_FixedMaturitiesTradingMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_FixedMaturitiesTradingMember_lbl" xml:lang="en-US" id="id_11465422_2098745_3_1">Fixed Maturities, Trading</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_FixedMaturitiesTradingMember_lbl" xml:lang="en-US" id="id_11465422_2098745_1_1">Fixed Maturities Trading [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_FixedMaturitiesTradingMember_lbl" xml:lang="en-US" id="id_11465422_2098745_2_1">Fixed Maturities Trading [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_FixedMaturitiesTradingMember" xlink:to="l_FixedMaturitiesTradingMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_FixedMaturitySecuritiesFairValueDisclosure" xlink:label="l_FixedMaturitySecuritiesFairValueDisclosure"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_FixedMaturitySecuritiesFairValueDisclosure_lbl" xml:lang="en-US" id="id_11465422_2209209_3_1">Fixed Maturity Securities Fair Value Disclosure</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_FixedMaturitySecuritiesFairValueDisclosure_lbl" xml:lang="en-US" id="id_11465422_2209209_1_1">Fixed Maturity Securities Fair Value Disclosure</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_FixedMaturitySecuritiesFairValueDisclosure_lbl" xml:lang="en-US" id="id_11465422_2209209_2_1">Value of non-income producing fixed maturity securities held</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_FixedMaturitySecuritiesFairValueDisclosure" xlink:to="l_FixedMaturitySecuritiesFairValueDisclosure_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ForeignCountryMember" xlink:label="us-gaap_ForeignCountryMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ForeignCountryMember_lbl" xml:lang="en-US" id="id_11465422_2024390_1_1">Foreign Tax Authority [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ForeignCountryMember_lbl" xml:lang="en-US" id="id_11465422_2024390_2_1">Foreign [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ForeignCountryMember" xlink:to="us-gaap_ForeignCountryMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ForeignCurrencyTransactionGainLossRealized" xlink:label="us-gaap_ForeignCurrencyTransactionGainLossRealized"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ForeignCurrencyTransactionGainLossRealized_lbl" xml:lang="en-US" id="id_11465422_2029610_1_1">Foreign Currency Transaction Gain (Loss), Realized</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ForeignCurrencyTransactionGainLossRealized_lbl" xml:lang="en-US" id="id_11465422_2029610_2_1">Foreign currency transaction gain (loss)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ForeignCurrencyTransactionGainLossRealized" xlink:to="us-gaap_ForeignCurrencyTransactionGainLossRealized_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock" xlink:label="us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock_lbl" xml:lang="en-US" id="id_11465422_2027002_1_1">Foreign Currency Transactions and Translations Policy [Policy Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock_lbl" xml:lang="en-US" id="id_11465422_2027002_2_1">Foreign currency</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock" xlink:to="us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_ForeignGovernmentSecuritiesMember" xlink:label="l_ForeignGovernmentSecuritiesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_ForeignGovernmentSecuritiesMember_lbl" xml:lang="en-US" id="id_11465422_2256424_3_1">Foreign government securities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_ForeignGovernmentSecuritiesMember_lbl" xml:lang="en-US" id="id_11465422_2256424_1_1">Foreign Government Securities [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_ForeignGovernmentSecuritiesMember_lbl" xml:lang="en-US" id="id_11465422_2256424_2_1">Foreign Government [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_ForeignGovernmentSecuritiesMember" xlink:to="l_ForeignGovernmentSecuritiesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ForeignIncomeTaxExpenseBenefitContinuingOperations" xlink:label="us-gaap_ForeignIncomeTaxExpenseBenefitContinuingOperations"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ForeignIncomeTaxExpenseBenefitContinuingOperations_lbl" xml:lang="en-US" id="id_11465422_2031978_1_1">Foreign Income Tax Expense (Benefit), Continuing Operations</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ForeignIncomeTaxExpenseBenefitContinuingOperations_lbl" xml:lang="en-US" id="id_11465422_2031978_2_1">Foreign income tax expense (benefit)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ForeignIncomeTaxExpenseBenefitContinuingOperations" xlink:to="us-gaap_ForeignIncomeTaxExpenseBenefitContinuingOperations_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_FourPointFivePercentageNotesDueTwoThousandTwentySixMember" xlink:label="l_FourPointFivePercentageNotesDueTwoThousandTwentySixMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_FourPointFivePercentageNotesDueTwoThousandTwentySixMember_lbl" xml:lang="en-US" id="id_11465422_2420054_3_1">Four Point Five Percentage Notes Due Two Thousand Twenty Six [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_FourPointFivePercentageNotesDueTwoThousandTwentySixMember_lbl" xml:lang="en-US" id="id_11465422_2420054_1_1">Four Point Five Percentage Notes Due Two Thousand Twenty Six [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_FourPointFivePercentageNotesDueTwoThousandTwentySixMember_lbl" xml:lang="en-US" id="id_11465422_2420054_2_1">4.5% Notes Due 2026 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_FourPointFivePercentageNotesDueTwoThousandTwentySixMember" xlink:to="l_FourPointFivePercentageNotesDueTwoThousandTwentySixMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_FourPointFivePercentageNotesDueTwoZeroTwoOneMember" xlink:label="l_FourPointFivePercentageNotesDueTwoZeroTwoOneMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_FourPointFivePercentageNotesDueTwoZeroTwoOneMember_lbl" xml:lang="en-US" id="id_11465422_2257371_3_1">Four Point Five Percentage Notes Due Two Zero Two One [Member].</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_FourPointFivePercentageNotesDueTwoZeroTwoOneMember_lbl" xml:lang="en-US" id="id_11465422_2257371_1_1">Four Point Five Percentage Notes Due Two Zero Two One [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_FourPointFivePercentageNotesDueTwoZeroTwoOneMember_lbl" xml:lang="en-US" id="id_11465422_2257371_2_1">4.5% Notes Due 2021 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_FourPointFivePercentageNotesDueTwoZeroTwoOneMember" xlink:to="l_FourPointFivePercentageNotesDueTwoZeroTwoOneMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_FourPointFivePercentageSeniorNotesDueJulyFifteenTwoThousandAndTwentySevenMember" xlink:label="l_FourPointFivePercentageSeniorNotesDueJulyFifteenTwoThousandAndTwentySevenMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_FourPointFivePercentageSeniorNotesDueJulyFifteenTwoThousandAndTwentySevenMember_lbl" xml:lang="en-US" id="id_11465422_2420103_3_1">Four point five percentage senior notes due July fifteen two thousand and twenty seven.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_FourPointFivePercentageSeniorNotesDueJulyFifteenTwoThousandAndTwentySevenMember_lbl" xml:lang="en-US" id="id_11465422_2420103_1_1">Four Point Five Percentage Senior Notes Due July Fifteen Two Thousand And Twenty Seven [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_FourPointFivePercentageSeniorNotesDueJulyFifteenTwoThousandAndTwentySevenMember_lbl" xml:lang="en-US" id="id_11465422_2420103_2_1">4.5% senior notes due July 15, 2027 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_FourPointFivePercentageSeniorNotesDueJulyFifteenTwoThousandAndTwentySevenMember" xlink:to="l_FourPointFivePercentageSeniorNotesDueJulyFifteenTwoThousandAndTwentySevenMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_FourPointFivePercentageSeniorNotesDueMarchOneTwoThousandAndTwentySixMember" xlink:label="l_FourPointFivePercentageSeniorNotesDueMarchOneTwoThousandAndTwentySixMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_FourPointFivePercentageSeniorNotesDueMarchOneTwoThousandAndTwentySixMember_lbl" xml:lang="en-US" id="id_11465422_2070779_3_1">Four Point Five Percentage Senior Notes Due March One Two Thousand and Twenty Six [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_FourPointFivePercentageSeniorNotesDueMarchOneTwoThousandAndTwentySixMember_lbl" xml:lang="en-US" id="id_11465422_2070779_1_1">Four Point Five Percentage Senior Notes Due March One Two Thousand and Twenty Six [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_FourPointFivePercentageSeniorNotesDueMarchOneTwoThousandAndTwentySixMember_lbl" xml:lang="en-US" id="id_11465422_2070779_2_1">4.5% Senior Notes Due March 1, 2026 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_FourPointFivePercentageSeniorNotesDueMarchOneTwoThousandAndTwentySixMember" xlink:to="l_FourPointFivePercentageSeniorNotesDueMarchOneTwoThousandAndTwentySixMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_FourPointNinePercentageNotesDueTwoZeroFourThreeMember" xlink:label="l_FourPointNinePercentageNotesDueTwoZeroFourThreeMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_FourPointNinePercentageNotesDueTwoZeroFourThreeMember_lbl" xml:lang="en-US" id="id_11465422_2161798_3_1">Four Point Nine Percentage Notes Due Two Zero Four Three [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_FourPointNinePercentageNotesDueTwoZeroFourThreeMember_lbl" xml:lang="en-US" id="id_11465422_2161798_1_1">Four Point Nine Percentage Notes Due Two Zero Four Three [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_FourPointNinePercentageNotesDueTwoZeroFourThreeMember_lbl" xml:lang="en-US" id="id_11465422_2161798_2_1">4.9% Notes Due 2043 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_FourPointNinePercentageNotesDueTwoZeroFourThreeMember" xlink:to="l_FourPointNinePercentageNotesDueTwoZeroFourThreeMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_FourPointOnePercentageNotesDueTwoZeroFourThreeMember" xlink:label="l_FourPointOnePercentageNotesDueTwoZeroFourThreeMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_FourPointOnePercentageNotesDueTwoZeroFourThreeMember_lbl" xml:lang="en-US" id="id_11465422_2129175_3_1">Four Point One Percentage Notes Due Two Zero Four Three [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_FourPointOnePercentageNotesDueTwoZeroFourThreeMember_lbl" xml:lang="en-US" id="id_11465422_2129175_1_1">Four Point One Percentage Notes Due Two Zero Four Three [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_FourPointOnePercentageNotesDueTwoZeroFourThreeMember_lbl" xml:lang="en-US" id="id_11465422_2129175_2_1">4.1% Notes Due 2043 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_FourPointOnePercentageNotesDueTwoZeroFourThreeMember" xlink:to="l_FourPointOnePercentageNotesDueTwoZeroFourThreeMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_FourPointZeroPercentageNotesDueTwoZeroTwoFourMember" xlink:label="l_FourPointZeroPercentageNotesDueTwoZeroTwoFourMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_FourPointZeroPercentageNotesDueTwoZeroTwoFourMember_lbl" xml:lang="en-US" id="id_11465422_2091861_3_1">Four Point Zero Percentage Notes Due Two Zero Two Four [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_FourPointZeroPercentageNotesDueTwoZeroTwoFourMember_lbl" xml:lang="en-US" id="id_11465422_2091861_1_1">Four Point Zero Percentage Notes Due Two Zero Two Four [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_FourPointZeroPercentageNotesDueTwoZeroTwoFourMember_lbl" xml:lang="en-US" id="id_11465422_2091861_2_1">4.0% Notes Due 2024 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_FourPointZeroPercentageNotesDueTwoZeroTwoFourMember" xlink:to="l_FourPointZeroPercentageNotesDueTwoZeroTwoFourMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_FourPointZeroPercentageNotesDueTwoZeroTwoTwoMember" xlink:label="l_FourPointZeroPercentageNotesDueTwoZeroTwoTwoMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_FourPointZeroPercentageNotesDueTwoZeroTwoTwoMember_lbl" xml:lang="en-US" id="id_11465422_2342207_3_1">Four Point Zero Percentage Notes Due Two Zero Two Two [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_FourPointZeroPercentageNotesDueTwoZeroTwoTwoMember_lbl" xml:lang="en-US" id="id_11465422_2342207_1_1">Four Point Zero Percentage Notes Due Two Zero Two Two [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_FourPointZeroPercentageNotesDueTwoZeroTwoTwoMember_lbl" xml:lang="en-US" id="id_11465422_2342207_2_1">4.0% Notes Due 2022 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_FourPointZeroPercentageNotesDueTwoZeroTwoTwoMember" xlink:to="l_FourPointZeroPercentageNotesDueTwoZeroTwoTwoMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_FutureCapitalCallCommitments" xlink:label="l_FutureCapitalCallCommitments"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_FutureCapitalCallCommitments_lbl" xml:lang="en-US" id="id_11465422_2207442_3_1">Future Capital Call Commitments</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_FutureCapitalCallCommitments_lbl" xml:lang="en-US" id="id_11465422_2207442_1_1">Future Capital Call Commitments</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_FutureCapitalCallCommitments_lbl" xml:lang="en-US" id="id_11465422_2207442_2_1">Future capital call commitments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_FutureCapitalCallCommitments" xlink:to="l_FutureCapitalCallCommitments_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_FutureCapitalCallsFromVariousThirdPartyLimitedPartnershipInvestments" xlink:label="l_FutureCapitalCallsFromVariousThirdPartyLimitedPartnershipInvestments"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_FutureCapitalCallsFromVariousThirdPartyLimitedPartnershipInvestments_lbl" xml:lang="en-US" id="id_11465422_2191463_3_1">Future Capital Calls From Various Third Party Limited Partnership Investments</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_FutureCapitalCallsFromVariousThirdPartyLimitedPartnershipInvestments_lbl" xml:lang="en-US" id="id_11465422_2191463_1_1">Future Capital Calls From Various Third Party Limited Partnership Investments</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_FutureCapitalCallsFromVariousThirdPartyLimitedPartnershipInvestments_lbl" xml:lang="en-US" id="id_11465422_2191463_2_1">Future capital calls from various third party limited partnership investments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_FutureCapitalCallsFromVariousThirdPartyLimitedPartnershipInvestments" xlink:to="l_FutureCapitalCallsFromVariousThirdPartyLimitedPartnershipInvestments_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_FutureMinimumLeasePaymentsReceiptsTableTextBlock" xlink:label="l_FutureMinimumLeasePaymentsReceiptsTableTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_FutureMinimumLeasePaymentsReceiptsTableTextBlock_lbl" xml:lang="en-US" id="id_11465422_2421241_3_1">Future minimum lease payments receipts.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_FutureMinimumLeasePaymentsReceiptsTableTextBlock_lbl" xml:lang="en-US" id="id_11465422_2421241_1_1">Future Minimum Lease Payments Receipts [Table Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_FutureMinimumLeasePaymentsReceiptsTableTextBlock_lbl" xml:lang="en-US" id="id_11465422_2421241_2_1">Future Minimum Lease Payments to be Made Under Non-Cancelable Operating Leases Along with Lease and Sublease Minimum Receipts to be Received on Owned and Leased Properties</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_FutureMinimumLeasePaymentsReceiptsTableTextBlock" xlink:to="l_FutureMinimumLeasePaymentsReceiptsTableTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FuturePolicyBenefitsLiabilityPolicy" xlink:label="us-gaap_FuturePolicyBenefitsLiabilityPolicy"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FuturePolicyBenefitsLiabilityPolicy_lbl" xml:lang="en-US" id="id_11465422_2024398_1_1">Future Policy Benefits Liability, Policy [Policy Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_FuturePolicyBenefitsLiabilityPolicy_lbl" xml:lang="en-US" id="id_11465422_2024398_2_1">Future policy benefits reserves</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FuturePolicyBenefitsLiabilityPolicy" xlink:to="us-gaap_FuturePolicyBenefitsLiabilityPolicy_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainLossOnInvestments" xlink:label="us-gaap_GainLossOnInvestments"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GainLossOnInvestments_lbl" xml:lang="en-US" id="id_11465422_2028566_1_1">Gain (Loss) on Investments</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_GainLossOnInvestments_lbl" xml:lang="en-US" id="id_11465422_2028566_14_1">Investment (gains) losses</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainLossOnInvestments" xlink:to="us-gaap_GainLossOnInvestments_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainLossOnInvestmentsAbstract" xlink:label="us-gaap_GainLossOnInvestmentsAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GainLossOnInvestmentsAbstract_lbl" xml:lang="en-US" id="id_11465422_2032213_1_1">Gain (Loss) on Investments [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_GainLossOnInvestmentsAbstract_lbl" xml:lang="en-US" id="id_11465422_2032213_2_1">Investment gains (losses):</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainLossOnInvestmentsAbstract" xlink:to="us-gaap_GainLossOnInvestmentsAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainLossOnSaleOfBusiness" xlink:label="us-gaap_GainLossOnSaleOfBusiness"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GainLossOnSaleOfBusiness_lbl" xml:lang="en-US" id="id_11465422_2033048_1_1">Gain (Loss) on Disposition of Business</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_GainLossOnSaleOfBusiness_lbl" xml:lang="en-US" id="id_11465422_2033048_14_1">Loss on sale of subsidiaries</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainLossOnSaleOfBusiness" xlink:to="us-gaap_GainLossOnSaleOfBusiness_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainLossOnSaleOfPropertyPlantEquipment" xlink:label="us-gaap_GainLossOnSaleOfPropertyPlantEquipment"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GainLossOnSaleOfPropertyPlantEquipment_lbl" xml:lang="en-US" id="id_11465422_2033049_1_1">Gain (Loss) on Disposition of Property Plant Equipment</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_GainLossOnSaleOfPropertyPlantEquipment_lbl" xml:lang="en-US" id="id_11465422_2033049_2_1">Gain (loss) on sale sale and leaseback transactions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainLossOnSaleOfPropertyPlantEquipment" xlink:to="us-gaap_GainLossOnSaleOfPropertyPlantEquipment_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainLossOnSaleOfStockInSubsidiaryOrEquityMethodInvestee" xlink:label="us-gaap_GainLossOnSaleOfStockInSubsidiaryOrEquityMethodInvestee"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GainLossOnSaleOfStockInSubsidiaryOrEquityMethodInvestee_lbl" xml:lang="en-US" id="id_11465422_2035456_1_1">Gain (Loss) on Disposition of Stock in Subsidiary or Equity Method Investee</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_GainLossOnSaleOfStockInSubsidiaryOrEquityMethodInvestee_lbl" xml:lang="en-US" id="id_11465422_2035456_2_1">Sale of subsidiaries</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainLossOnSaleOfStockInSubsidiaryOrEquityMethodInvestee" xlink:to="us-gaap_GainLossOnSaleOfStockInSubsidiaryOrEquityMethodInvestee_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_GatewayRiversInsuranceCompanyMember" xlink:label="l_GatewayRiversInsuranceCompanyMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_GatewayRiversInsuranceCompanyMember_lbl" xml:lang="en-US" id="id_11465422_2356447_3_1">Gateway Rivers Insurance Company [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_GatewayRiversInsuranceCompanyMember_lbl" xml:lang="en-US" id="id_11465422_2356447_1_1">Gateway Rivers Insurance Company [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_GatewayRiversInsuranceCompanyMember_lbl" xml:lang="en-US" id="id_11465422_2356447_2_1">Gateway Rivers Insurance Company [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_GatewayRiversInsuranceCompanyMember" xlink:to="l_GatewayRiversInsuranceCompanyMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GeneralAndAdministrativeExpense" xlink:label="us-gaap_GeneralAndAdministrativeExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GeneralAndAdministrativeExpense_lbl" xml:lang="en-US" id="id_11465422_2024630_1_1">General and Administrative Expense</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_GeneralAndAdministrativeExpense_lbl" xml:lang="en-US" id="id_11465422_2024630_2_1">Administrative</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GeneralAndAdministrativeExpense" xlink:to="us-gaap_GeneralAndAdministrativeExpense_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GeneralLiabilityMember" xlink:label="us-gaap_GeneralLiabilityMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GeneralLiabilityMember_lbl" xml:lang="en-US" id="id_11465422_2034623_1_1">General Liability [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_GeneralLiabilityMember_lbl" xml:lang="en-US" id="id_11465422_2034623_2_1">General Liability [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GeneralLiabilityMember" xlink:to="us-gaap_GeneralLiabilityMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_GeOilAndGasMember" xlink:label="l_GeOilAndGasMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_GeOilAndGasMember_lbl" xml:lang="en-US" id="id_11465422_2233961_3_1">Ge oil and gas [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_GeOilAndGasMember_lbl" xml:lang="en-US" id="id_11465422_2233961_1_1">Ge Oil And Gas [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_GeOilAndGasMember_lbl" xml:lang="en-US" id="id_11465422_2233961_2_1">Ge Oil And Gas [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_GeOilAndGasMember" xlink:to="l_GeOilAndGasMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Goodwill" xlink:label="us-gaap_Goodwill"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_Goodwill_lbl" xml:lang="en-US" id="id_11465422_2031370_1_1">Goodwill</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_Goodwill_lbl" xml:lang="en-US" id="id_11465422_2031370_4_1">Goodwill, ending balance</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_Goodwill_lbl" xml:lang="en-US" id="id_11465422_2031370_5_1">Goodwill, beginning balance</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_Goodwill_lbl" xml:lang="en-US" id="id_11465422_2031370_2_1">Goodwill</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Goodwill" xlink:to="us-gaap_Goodwill_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract" xlink:label="us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract_lbl" xml:lang="en-US" id="id_11465422_2024406_1_1">Goodwill and Intangible Assets Disclosure [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract_lbl" xml:lang="en-US" id="id_11465422_2024406_2_1">Goodwill and Intangible Assets Disclosure [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract" xlink:to="us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GoodwillAndIntangibleAssetsPolicyTextBlock" xlink:label="us-gaap_GoodwillAndIntangibleAssetsPolicyTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GoodwillAndIntangibleAssetsPolicyTextBlock_lbl" xml:lang="en-US" id="id_11465422_2021808_1_1">Goodwill and Intangible Assets, Policy [Policy Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_GoodwillAndIntangibleAssetsPolicyTextBlock_lbl" xml:lang="en-US" id="id_11465422_2021808_2_1">Goodwill</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GoodwillAndIntangibleAssetsPolicyTextBlock" xlink:to="us-gaap_GoodwillAndIntangibleAssetsPolicyTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GoodwillDisclosureTextBlock" xlink:label="us-gaap_GoodwillDisclosureTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GoodwillDisclosureTextBlock_lbl" xml:lang="en-US" id="id_11465422_2033056_1_1">Goodwill Disclosure [Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_GoodwillDisclosureTextBlock_lbl" xml:lang="en-US" id="id_11465422_2033056_2_1">Goodwill</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GoodwillDisclosureTextBlock" xlink:to="us-gaap_GoodwillDisclosureTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GoodwillImpairmentLoss" xlink:label="us-gaap_GoodwillImpairmentLoss"/>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_GrossPremiumValuationIndicatingPremiumDeficiency" xlink:label="l_GrossPremiumValuationIndicatingPremiumDeficiency"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_GrossPremiumValuationIndicatingPremiumDeficiency_lbl" xml:lang="en-US" id="id_11465422_2290531_3_1">Gross premium valuation indicating premium deficiency.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_GrossPremiumValuationIndicatingPremiumDeficiency_lbl" xml:lang="en-US" id="id_11465422_2290531_1_1">Gross Premium Valuation Indicating Premium Deficiency</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsMaximumExposure" xlink:label="us-gaap_GuaranteeObligationsMaximumExposure"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GuaranteeObligationsMaximumExposure_lbl" xml:lang="en-US" id="id_11465422_2024410_1_1">Guarantor Obligations, Maximum Exposure, Undiscounted</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_GuaranteeObligationsMaximumExposure_lbl" xml:lang="en-US" id="id_11465422_2024410_2_1">Potential amount of future payments under guarantees</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GuaranteeObligationsMaximumExposure" xlink:to="us-gaap_GuaranteeObligationsMaximumExposure_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_GuarantyFundAndOtherInsuranceRelatedAssessmentsPolicyTextBlock" xlink:label="l_GuarantyFundAndOtherInsuranceRelatedAssessmentsPolicyTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_GuarantyFundAndOtherInsuranceRelatedAssessmentsPolicyTextBlock_lbl" xml:lang="en-US" id="id_11465422_2259513_3_1">Guaranty fund and other insurance-related assessments, policy [Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_GuarantyFundAndOtherInsuranceRelatedAssessmentsPolicyTextBlock_lbl" xml:lang="en-US" id="id_11465422_2259513_1_1">Guaranty Fund And Other Insurance Related Assessments [Policy Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_GuarantyFundAndOtherInsuranceRelatedAssessmentsPolicyTextBlock_lbl" xml:lang="en-US" id="id_11465422_2259513_2_1">Guaranty fund and other insurance-related assessments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_GuarantyFundAndOtherInsuranceRelatedAssessmentsPolicyTextBlock" xlink:to="l_GuarantyFundAndOtherInsuranceRelatedAssessmentsPolicyTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuarantyLiabilities" xlink:label="us-gaap_GuarantyLiabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GuarantyLiabilities_lbl" xml:lang="en-US" id="id_11465422_2033064_1_1">Guaranty Liabilities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_GuarantyLiabilities_lbl" xml:lang="en-US" id="id_11465422_2033064_2_1">Liability balance for guaranty fund</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GuarantyLiabilities" xlink:to="us-gaap_GuarantyLiabilities_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HedgingDesignationAxis" xlink:label="us-gaap_HedgingDesignationAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_HedgingDesignationAxis_lbl" xml:lang="en-US" id="id_11465422_2034079_1_1">Hedging Designation [Axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_HedgingDesignationAxis_lbl" xml:lang="en-US" id="id_11465422_2034079_2_1">Hedging Designation [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_HedgingDesignationAxis" xlink:to="us-gaap_HedgingDesignationAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HedgingDesignationDomain" xlink:label="us-gaap_HedgingDesignationDomain"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_HedgingDesignationDomain_lbl" xml:lang="en-US" id="id_11465422_2030907_1_1">Hedging Designation [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_HedgingDesignationDomain_lbl" xml:lang="en-US" id="id_11465422_2030907_2_1">Hedging Designation [Domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_HedgingDesignationDomain" xlink:to="us-gaap_HedgingDesignationDomain_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_HighMountMember" xlink:label="l_HighMountMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_HighMountMember_lbl" xml:lang="en-US" id="id_11465422_2270727_3_1">High Mount [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_HighMountMember_lbl" xml:lang="en-US" id="id_11465422_2270727_1_1">High Mount [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_HighMountMember_lbl" xml:lang="en-US" id="id_11465422_2270727_2_1">HighMount [Member]</label>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_ImpactOfLossPortfolioTransferOnConsolidatedStatementsOfOperationsTableTextBlock" xlink:label="l_ImpactOfLossPortfolioTransferOnConsolidatedStatementsOfOperationsTableTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_ImpactOfLossPortfolioTransferOnConsolidatedStatementsOfOperationsTableTextBlock_lbl" xml:lang="en-US" id="id_11465422_2420394_3_1">Impact Of Loss Portfolio Transfer On Consolidated Statements Of Operations [Table Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_ImpactOfLossPortfolioTransferOnConsolidatedStatementsOfOperationsTableTextBlock_lbl" xml:lang="en-US" id="id_11465422_2420394_1_1">Impact Of Loss Portfolio Transfer On Consolidated Statements Of Operations [Table Text Block]</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ImpairmentOfInvestments" xlink:label="us-gaap_ImpairmentOfInvestments"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_ImpairmentOfInvestments_lbl" xml:lang="en-US" id="id_11465422_2028322_14_1">Other-than-temporary impairment losses</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ImpairmentOfInvestments" xlink:to="us-gaap_ImpairmentOfInvestments_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ImpairmentOfLongLivedAssetsToBeDisposedOf" xlink:label="us-gaap_ImpairmentOfLongLivedAssetsToBeDisposedOf"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ImpairmentOfLongLivedAssetsToBeDisposedOf_lbl" xml:lang="en-US" id="id_11465422_2032856_1_1">Impairment of Long-Lived Assets to be Disposed of</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock" xlink:label="us-gaap_ImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock_lbl" xml:lang="en-US" id="id_11465422_2031391_1_1">Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock_lbl" xml:lang="en-US" id="id_11465422_2031391_2_1">Impairment of long-lived assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock" xlink:to="us-gaap_ImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeAmountsAttributableToReportingEntityDisclosuresAbstract" xlink:label="us-gaap_IncomeAmountsAttributableToReportingEntityDisclosuresAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeAmountsAttributableToReportingEntityDisclosuresAbstract_lbl" xml:lang="en-US" id="id_11465422_2032243_1_1">Income Amounts Attributable to Parent, Disclosures [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_IncomeAmountsAttributableToReportingEntityDisclosuresAbstract_lbl" xml:lang="en-US" id="id_11465422_2032243_2_1">Net income attributable to Loews Corporation:</label>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_IncomeLossBeforeIncomeTaxAbstract" xlink:label="l_IncomeLossBeforeIncomeTaxAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_IncomeLossBeforeIncomeTaxAbstract_lbl" xml:lang="en-US" id="id_11465422_2250554_3_1">Income Loss Before Income Tax [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_IncomeLossBeforeIncomeTaxAbstract_lbl" xml:lang="en-US" id="id_11465422_2250554_1_1">Income Loss Before Income Tax [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_IncomeLossBeforeIncomeTaxAbstract_lbl" xml:lang="en-US" id="id_11465422_2250554_2_1">Income before income tax:</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeLossFromContinuingOperations" xlink:label="us-gaap_IncomeLossFromContinuingOperations"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeLossFromContinuingOperations_lbl" xml:lang="en-US" id="id_11465422_2040894_1_1">Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_IncomeLossFromContinuingOperations_lbl" xml:lang="en-US" id="id_11465422_2040894_2_1">Income from continuing operations</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeLossFromContinuingOperations" xlink:to="us-gaap_IncomeLossFromContinuingOperations_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic" xlink:label="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic_lbl" xml:lang="en-US" id="id_11465422_2031567_1_1">Income (Loss) from Continuing Operations before Income Taxes, Domestic</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic_lbl" xml:lang="en-US" id="id_11465422_2031567_2_1">Income before income tax, U.S.</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_IncomeTaxReconciliationOtherAdjustments_lbl" xml:lang="en-US" id="id_11465422_2028785_2_1">Other</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxReconciliationOtherReconcilingItemsAbstract_lbl" xml:lang="en-US" id="id_11465422_2028590_1_1">Effective Income Tax Rate Reconciliation, Other Reconciling Items, Amount [Abstract]</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxReconciliationTaxExemptIncome" xlink:label="us-gaap_IncomeTaxReconciliationTaxExemptIncome"/>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts" xlink:label="us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts_lbl" xml:lang="en-US" id="id_11465422_2030279_1_1">Increase (Decrease) in Deferred Policy Acquisition Costs</label>
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts" xlink:to="us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInFuturePolicyBenefitReserves" xlink:label="us-gaap_IncreaseDecreaseInFuturePolicyBenefitReserves"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInFuturePolicyBenefitReserves_lbl" xml:lang="en-US" id="id_11465422_2034292_1_1">Increase (Decrease) in Future Policy Benefit Reserves</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_IncreaseDecreaseInFuturePolicyBenefitReserves_lbl" xml:lang="en-US" id="id_11465422_2034292_2_1">Increase to active life reserves</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInFuturePolicyBenefitReserves" xlink:to="us-gaap_IncreaseDecreaseInFuturePolicyBenefitReserves_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInInsuranceLiabilities" xlink:label="us-gaap_IncreaseDecreaseInInsuranceLiabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInInsuranceLiabilities_lbl" xml:lang="en-US" id="id_11465422_2029446_1_1">Increase (Decrease) in Insurance Liabilities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_IncreaseDecreaseInInsuranceLiabilities_lbl" xml:lang="en-US" id="id_11465422_2029446_2_1">Insurance reserves</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInInsuranceLiabilities" xlink:to="us-gaap_IncreaseDecreaseInInsuranceLiabilities_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" xlink:label="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_lbl" xml:lang="en-US" id="id_11465422_2032424_1_1">Increase (Decrease) in Operating Capital [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_lbl" xml:lang="en-US" id="id_11465422_2032424_2_1">Changes in operating assets and liabilities, net:</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" xlink:to="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInOtherOperatingAssets" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingAssets_lbl" xml:lang="en-US" id="id_11465422_2032258_1_1">Increase (Decrease) in Other Operating Assets</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingAssets_lbl" xml:lang="en-US" id="id_11465422_2032258_14_1">Other assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInOtherOperatingAssets" xlink:to="us-gaap_IncreaseDecreaseInOtherOperatingAssets_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_lbl" xml:lang="en-US" id="id_11465422_2040905_1_1">Increase (Decrease) in Other Operating Assets and Liabilities, Net</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_lbl" xml:lang="en-US" id="id_11465422_2040905_14_1">Other, net</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInOtherOperatingLiabilities" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingLiabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_lbl" xml:lang="en-US" id="id_11465422_2029200_1_1">Increase (Decrease) in Other Operating Liabilities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_lbl" xml:lang="en-US" id="id_11465422_2029200_2_1">Other liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInOtherOperatingLiabilities" xlink:to="us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInReceivables" xlink:label="us-gaap_IncreaseDecreaseInReceivables"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInReceivables_lbl" xml:lang="en-US" id="id_11465422_2030284_1_1">Increase (Decrease) in Receivables</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_IncreaseDecreaseInReceivables_lbl" xml:lang="en-US" id="id_11465422_2030284_14_1">Receivables</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInReceivables" xlink:to="us-gaap_IncreaseDecreaseInReceivables_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_IncreaseDecreaseInShadowAdjustment" xlink:label="l_IncreaseDecreaseInShadowAdjustment"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_IncreaseDecreaseInShadowAdjustment_lbl" xml:lang="en-US" id="id_11465422_2098394_3_1">Increase (Decrease) In Shadow Adjustment</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_IncreaseDecreaseInShadowAdjustment_lbl" xml:lang="en-US" id="id_11465422_2098394_1_1">Increase Decrease In Shadow Adjustment</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_IncreaseDecreaseInShadowAdjustment_lbl" xml:lang="en-US" id="id_11465422_2098394_2_1">Increase (decrease) in Shadow Adjustments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_IncreaseDecreaseInShadowAdjustment" xlink:to="l_IncreaseDecreaseInShadowAdjustment_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInTradingSecurities" xlink:label="us-gaap_IncreaseDecreaseInTradingSecurities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInTradingSecurities_lbl" xml:lang="en-US" id="id_11465422_2031799_1_1">Increase (Decrease) in Trading Securities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_IncreaseDecreaseInTradingSecurities_lbl" xml:lang="en-US" id="id_11465422_2031799_14_1">Trading securities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInTradingSecurities" xlink:to="us-gaap_IncreaseDecreaseInTradingSecurities_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements" xlink:label="us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_lbl" xml:lang="en-US" id="id_11465422_2032261_1_1">Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_lbl" xml:lang="en-US" id="id_11465422_2032261_2_1">Potential shares attributable to exercises included in diluted EPS calculation</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements" xlink:to="us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InsuranceAbstract" xlink:label="us-gaap_InsuranceAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InsuranceAbstract_lbl" xml:lang="en-US" id="id_11465422_2033110_1_1">Insurance [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_InsuranceAbstract_lbl" xml:lang="en-US" id="id_11465422_2033110_2_1">Insurance [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InsuranceAbstract" xlink:to="us-gaap_InsuranceAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_InsuranceReservesIncludingPolicyholdersFunds" xlink:label="l_InsuranceReservesIncludingPolicyholdersFunds"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_InsuranceReservesIncludingPolicyholdersFunds_lbl" xml:lang="en-US" id="id_11465422_2251901_3_1">The aggregate amount of policy reserves (provided for future obligations including unpaid claims and claims adjustment expenses), policy benefits (liability for future policy benefits), unearned premiums and policyholder funds as of the balance sheet date.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_InsuranceReservesIncludingPolicyholdersFunds_lbl" xml:lang="en-US" id="id_11465422_2251901_1_1">Insurance Reserves Including Policyholders Funds</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="l_InsuranceReservesIncludingPolicyholdersFunds_lbl" xml:lang="en-US" id="id_11465422_2251901_6_1">Total insurance reserves</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_InsuranceReservesIncludingPolicyholdersFunds" xlink:to="l_InsuranceReservesIncludingPolicyholdersFunds_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_InterestAndOther" xlink:label="l_InterestAndOther"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_InterestAndOther_lbl" xml:lang="en-US" id="id_11465422_2336798_3_1">Interest And Other</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_InterestAndOther_lbl" xml:lang="en-US" id="id_11465422_2336798_1_1">Interest And Other</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_InterestAndOther_lbl" xml:lang="en-US" id="id_11465422_2336798_2_1">Interest and other</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_InterestAndOther" xlink:to="l_InterestAndOther_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestCostsCapitalized" xlink:label="us-gaap_InterestCostsCapitalized"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InterestCostsCapitalized_lbl" xml:lang="en-US" id="id_11465422_2031156_1_1">Interest Costs Capitalized</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_InterestCostsCapitalized_lbl" xml:lang="en-US" id="id_11465422_2031156_2_1">Capitalized interest related to the construction and upgrade of qualifying assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestCostsCapitalized" xlink:to="us-gaap_InterestCostsCapitalized_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestExpense" xlink:label="us-gaap_InterestExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InterestExpense_lbl" xml:lang="en-US" id="id_11465422_2030293_1_1">Interest Expense</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_InterestExpense_lbl" xml:lang="en-US" id="id_11465422_2030293_2_1">Interest</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestExpense" xlink:to="us-gaap_InterestExpense_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestPaidNet" xlink:label="us-gaap_InterestPaidNet"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InterestPaidNet_lbl" xml:lang="en-US" id="id_11465422_2040921_1_1">Interest Paid, Net</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_InterestPaidNet_lbl" xml:lang="en-US" id="id_11465422_2040921_2_1">Cash payments made for interest on long term debt, net of capitalized interest</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestPaidNet" xlink:to="us-gaap_InterestPaidNet_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_InterestRateFuturesMember" xlink:label="l_InterestRateFuturesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_InterestRateFuturesMember_lbl" xml:lang="en-US" id="id_11465422_2392170_3_1">Interest Rate Futures [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_InterestRateFuturesMember_lbl" xml:lang="en-US" id="id_11465422_2392170_1_1">Interest Rate Futures [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_InterestRateFuturesMember_lbl" xml:lang="en-US" id="id_11465422_2392170_2_1">Interest Rate Futures [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_InterestRateFuturesMember" xlink:to="l_InterestRateFuturesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_InterestRecognizedOnDiscountedReservesForUnfundedStructureSettlements" xlink:label="l_InterestRecognizedOnDiscountedReservesForUnfundedStructureSettlements"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_InterestRecognizedOnDiscountedReservesForUnfundedStructureSettlements_lbl" xml:lang="en-US" id="id_11465422_2420031_3_1">Interest recognized on discounted reserves for unfunded structure settlements.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_InterestRecognizedOnDiscountedReservesForUnfundedStructureSettlements_lbl" xml:lang="en-US" id="id_11465422_2420031_1_1">Interest Recognized On Discounted Reserves For Unfunded Structure Settlements</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_InterestRecognizedOnDiscountedReservesForUnfundedStructureSettlements_lbl" xml:lang="en-US" id="id_11465422_2420031_2_1">Interest recognized on discounted reserves for unfunded structured settlements</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_InterestRecognizedOnDiscountedReservesForUnfundedStructureSettlements" xlink:to="l_InterestRecognizedOnDiscountedReservesForUnfundedStructureSettlements_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_InterestRecognizedOnDiscountedReservesForWorkersCompensationLifetimeClaimReserves" xlink:label="l_InterestRecognizedOnDiscountedReservesForWorkersCompensationLifetimeClaimReserves"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_InterestRecognizedOnDiscountedReservesForWorkersCompensationLifetimeClaimReserves_lbl" xml:lang="en-US" id="id_11465422_2420038_3_1">Interest recognized on discounted reserves for workers compensation lifetime claim reserves.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_InterestRecognizedOnDiscountedReservesForWorkersCompensationLifetimeClaimReserves_lbl" xml:lang="en-US" id="id_11465422_2420038_1_1">Interest Recognized On Discounted Reserves For Workers Compensation Lifetime Claim Reserves</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_InterestRecognizedOnDiscountedReservesForWorkersCompensationLifetimeClaimReserves_lbl" xml:lang="en-US" id="id_11465422_2420038_2_1">Interest recognized on discounted reserves for workers' compensation lifetime claim reserves</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_InterestRecognizedOnDiscountedReservesForWorkersCompensationLifetimeClaimReserves" xlink:to="l_InterestRecognizedOnDiscountedReservesForWorkersCompensationLifetimeClaimReserves_lbl"/>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentIncomeInvestmentExpense" xlink:label="us-gaap_InvestmentIncomeInvestmentExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentIncomeInvestmentExpense_lbl" xml:lang="en-US" id="id_11465422_2028986_1_1">Investment Income, Investment Expense</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentPolicyTextBlock" xlink:label="us-gaap_InvestmentPolicyTextBlock"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_Investments_lbl" xml:lang="en-US" id="id_11465422_2033317_1_1">Investments</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_Investments_lbl" xml:lang="en-US" id="id_11465422_2033317_6_1">Total investments</label>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_InvestmentsAndAdvancesToSubsidiaries" xlink:label="l_InvestmentsAndAdvancesToSubsidiaries"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_InvestmentsAndAdvancesToSubsidiaries_lbl" xml:lang="en-US" id="id_11465422_2234370_3_1">Investments And Advances To Subsidiaries</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_InvestmentsAndAdvancesToSubsidiaries_lbl" xml:lang="en-US" id="id_11465422_2234370_1_1">Investments And Advances To Subsidiaries</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_InvestmentsAndAdvancesToSubsidiaries_lbl" xml:lang="en-US" id="id_11465422_2234370_2_1">Investments in and advances to subsidiaries</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_InvestmentsAndAdvancesToSubsidiaries" xlink:to="l_InvestmentsAndAdvancesToSubsidiaries_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock" xlink:label="us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock_lbl" xml:lang="en-US" id="id_11465422_2028808_1_1">Investments Classified by Contractual Maturity Date [Table Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock_lbl" xml:lang="en-US" id="id_11465422_2028808_2_1">Available-for-Sale Fixed Maturity Securities by Contractual Maturity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock" xlink:to="us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract" xlink:label="us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract_lbl" xml:lang="en-US" id="id_11465422_2032448_1_1">Investments, Debt and Equity Securities [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract_lbl" xml:lang="en-US" id="id_11465422_2032448_2_1">Investments, Debt and Equity Securities [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract" xlink:to="us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_InvestmentsDisclosureTextBlock" xlink:label="l_InvestmentsDisclosureTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_InvestmentsDisclosureTextBlock_lbl" xml:lang="en-US" id="id_11465422_2045686_3_1">Investments Disclosure [Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_InvestmentsDisclosureTextBlock_lbl" xml:lang="en-US" id="id_11465422_2045686_1_1">Investments Disclosure [Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_InvestmentsDisclosureTextBlock_lbl" xml:lang="en-US" id="id_11465422_2045686_2_1">Investments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_InvestmentsDisclosureTextBlock" xlink:to="l_InvestmentsDisclosureTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures" xlink:label="us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_lbl" xml:lang="en-US" id="id_11465422_2032044_1_1">Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_lbl" xml:lang="en-US" id="id_11465422_2032044_2_1">Limited partnership investments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures" xlink:to="us-gaap_InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_InvestmentsInCapitalStocksOfSubsidiariesAtEquity" xlink:label="l_InvestmentsInCapitalStocksOfSubsidiariesAtEquity"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_InvestmentsInCapitalStocksOfSubsidiariesAtEquity_lbl" xml:lang="en-US" id="id_11465422_2105483_3_1">Investments in capital stocks of subsidiaries at equity.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_InvestmentsInCapitalStocksOfSubsidiariesAtEquity_lbl" xml:lang="en-US" id="id_11465422_2105483_1_1">Investments In Capital Stocks Of Subsidiaries At Equity</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_InvestmentsInCapitalStocksOfSubsidiariesAtEquity_lbl" xml:lang="en-US" id="id_11465422_2105483_2_1">Investments in capital stocks of subsidiaries, at equity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_InvestmentsInCapitalStocksOfSubsidiariesAtEquity" xlink:to="l_InvestmentsInCapitalStocksOfSubsidiariesAtEquity_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentsMember" xlink:label="us-gaap_InvestmentsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentsMember_lbl" xml:lang="en-US" id="id_11465422_2033322_1_1">Investments [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_InvestmentsMember_lbl" xml:lang="en-US" id="id_11465422_2033322_2_1">Distressed Investments [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentsMember" xlink:to="us-gaap_InvestmentsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentsScheduleAbstract" xlink:label="invest_InvestmentsScheduleAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="invest_InvestmentsScheduleAbstract_lbl" xml:lang="en-US" id="id_11465422_2031169_1_1">Investments Schedule [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="invest_InvestmentsScheduleAbstract_lbl" xml:lang="en-US" id="id_11465422_2031169_2_1">Investments Schedule [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="invest_InvestmentsScheduleAbstract" xlink:to="invest_InvestmentsScheduleAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="us-gaap_InvestmentTypeAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentTypeAxis_lbl" xml:lang="en-US" id="id_11465422_2030091_1_1">Investment Type [Axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_InvestmentTypeAxis_lbl" xml:lang="en-US" id="id_11465422_2030091_2_1">Investment Type [Axis]</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="us-gaap_InvestmentTypeCategorizationMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentTypeCategorizationMember_lbl" xml:lang="en-US" id="id_11465422_2030520_1_1">Investments [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_InvestmentTypeCategorizationMember_lbl" xml:lang="en-US" id="id_11465422_2030520_2_1">Investments [Domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentTypeCategorizationMember" xlink:to="us-gaap_InvestmentTypeCategorizationMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_JackUpRigsMember" xlink:label="l_JackUpRigsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_JackUpRigsMember_lbl" xml:lang="en-US" id="id_11465422_2093852_3_1">Jack Up Rigs [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_JackUpRigsMember_lbl" xml:lang="en-US" id="id_11465422_2093852_1_1">Jack Up Rigs [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_JackUpRigsMember_lbl" xml:lang="en-US" id="id_11465422_2093852_2_1">Jack-ups [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_JackUpRigsMember" xlink:to="l_JackUpRigsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_KeyProvisionsOfOperatingOrPartnershipAgreementDescription" xlink:label="us-gaap_KeyProvisionsOfOperatingOrPartnershipAgreementDescription"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_KeyProvisionsOfOperatingOrPartnershipAgreementDescription_lbl" xml:lang="en-US" id="id_11465422_2032050_1_1">Key Provisions of Operating or Partnership Agreement, Description</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_KeyProvisionsOfOperatingOrPartnershipAgreementDescription_lbl" xml:lang="en-US" id="id_11465422_2032050_2_1">Withdrawal provisions limited partnership investments, description</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_KeyProvisionsOfOperatingOrPartnershipAgreementDescription" xlink:to="us-gaap_KeyProvisionsOfOperatingOrPartnershipAgreementDescription_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LandBuildingsAndImprovementsMember" xlink:label="us-gaap_LandBuildingsAndImprovementsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LandBuildingsAndImprovementsMember_lbl" xml:lang="en-US" id="id_11465422_2031602_1_1">Land, Buildings and Improvements [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_LandBuildingsAndImprovementsMember_lbl" xml:lang="en-US" id="id_11465422_2031602_2_1">Other [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LandBuildingsAndImprovementsMember" xlink:to="us-gaap_LandBuildingsAndImprovementsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_LargestRecoverablesFromSingleReinsurer" xlink:label="l_LargestRecoverablesFromSingleReinsurer"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_LargestRecoverablesFromSingleReinsurer_lbl" xml:lang="en-US" id="id_11465422_2238338_3_1">Largest recoverables from a single reinsurer</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_LargestRecoverablesFromSingleReinsurer_lbl" xml:lang="en-US" id="id_11465422_2238338_1_1">Largest Recoverables From Single Reinsurer</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_LargestRecoverablesFromSingleReinsurer_lbl" xml:lang="en-US" id="id_11465422_2238338_2_1">Largest recoverables from a single reinsurer</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_LargestRecoverablesFromSingleReinsurer" xlink:to="l_LargestRecoverablesFromSingleReinsurer_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LeaseAndRentalExpense" xlink:label="us-gaap_LeaseAndRentalExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LeaseAndRentalExpense_lbl" xml:lang="en-US" id="id_11465422_2028813_1_1">Operating Leases, Rent Expense</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_LeaseAndRentalExpense_lbl" xml:lang="en-US" id="id_11465422_2028813_2_1">Rent expense</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LeaseAndRentalExpense" xlink:to="us-gaap_LeaseAndRentalExpense_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LeaseOperatingExpense" xlink:label="us-gaap_LeaseOperatingExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LeaseOperatingExpense_lbl" xml:lang="en-US" id="id_11465422_2028140_1_1">Oil and Gas Property, Lease Operating Expense</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_LeaseOperatingExpense_lbl" xml:lang="en-US" id="id_11465422_2028140_2_1">Aggregate equipment lease expense</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LeaseOperatingExpense" xlink:to="us-gaap_LeaseOperatingExpense_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LeasesAbstract" xlink:label="us-gaap_LeasesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LeasesAbstract_lbl" xml:lang="en-US" id="id_11465422_2030961_1_1">Leases [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_LeasesAbstract_lbl" xml:lang="en-US" id="id_11465422_2030961_2_1">Leases [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LeasesAbstract" xlink:to="us-gaap_LeasesAbstract_lbl"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_lbl" xml:lang="en-US" id="id_11465422_2031456_1_1">Liability for Claims and Claims Adjustment Expense</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpenseAbstract_lbl" xml:lang="en-US" id="id_11465422_2028637_1_1">Liability for Claims and Claims Adjustment Expense [Abstract]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpenseLineItems_lbl" xml:lang="en-US" id="id_11465422_2031840_1_1">Liability for Claims and Claims Adjustment Expense [Line Items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpenseLineItems_lbl" xml:lang="en-US" id="id_11465422_2031840_2_1">Liability for Claims and Claims Adjustment Expense [Line Items]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpenseTable_lbl" xml:lang="en-US" id="id_11465422_2040942_1_1">Liability for Claims and Claims Adjustment Expense [Table]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidAbstract_lbl" xml:lang="en-US" id="id_11465422_2034142_1_1">Liability for Unpaid Claims and Claims Adjustment Expense, Claims Paid [Abstract]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LineOfCreditFacilityFairValueOfAmountOutstanding_lbl" xml:lang="en-US" id="id_11465422_2031465_1_1">Line of Credit Facility, Fair Value of Amount Outstanding</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_LineOfCreditFacilityFairValueOfAmountOutstanding_lbl" xml:lang="en-US" id="id_11465422_2031465_2_1">Credit facility, borrowings outstanding</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LineOfCreditFacilityFairValueOfAmountOutstanding" xlink:to="us-gaap_LineOfCreditFacilityFairValueOfAmountOutstanding_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:label="us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_lbl" xml:lang="en-US" id="id_11465422_2032317_1_1">Line of Credit Facility, Maximum Borrowing Capacity</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_lbl" xml:lang="en-US" id="id_11465422_2032317_2_1">Credit facility, maximum borrowing capacity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:to="us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock" xlink:label="us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock_lbl" xml:lang="en-US" id="id_11465422_2032484_1_1">Loans, Notes, Trade and Other Receivables Disclosure [Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock_lbl" xml:lang="en-US" id="id_11465422_2032484_2_1">Receivables</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock" xlink:to="us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_LoewsHotelsMember" xlink:label="l_LoewsHotelsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_LoewsHotelsMember_lbl" xml:lang="en-US" id="id_11465422_2336866_3_1">Loews Hotels [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_LoewsHotelsMember_lbl" xml:lang="en-US" id="id_11465422_2336866_1_1">Loews Hotels [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_LoewsHotelsMember_lbl" xml:lang="en-US" id="id_11465422_2336866_2_1">Loews Hotels [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_LoewsHotelsMember" xlink:to="l_LoewsHotelsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongMember" xlink:label="us-gaap_LongMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LongMember_lbl" xml:lang="en-US" id="id_11465422_2033177_1_1">Long [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_LongMember_lbl" xml:lang="en-US" id="id_11465422_2033177_2_1">Long [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongMember" xlink:to="us-gaap_LongMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_LongTermCareActiveLifeReservesInterestRateRangeMaximum" xlink:label="l_LongTermCareActiveLifeReservesInterestRateRangeMaximum"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_LongTermCareActiveLifeReservesInterestRateRangeMaximum_lbl" xml:lang="en-US" id="id_11465422_2420046_3_1">Long term care active life reserves, interest rate range, maximum.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_LongTermCareActiveLifeReservesInterestRateRangeMaximum_lbl" xml:lang="en-US" id="id_11465422_2420046_1_1">Long term care active life reserves, interest rate range, maximum</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_LongTermCareActiveLifeReservesInterestRateRangeMaximum_lbl" xml:lang="en-US" id="id_11465422_2420046_2_1">Long term care active life reserves, interest rate range, maximum</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_LongTermCareActiveLifeReservesInterestRateRangeMaximum" xlink:to="l_LongTermCareActiveLifeReservesInterestRateRangeMaximum_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_LongTermCareActiveLifeReservesInterestRateRangeMinimum" xlink:label="l_LongTermCareActiveLifeReservesInterestRateRangeMinimum"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_LongTermCareActiveLifeReservesInterestRateRangeMinimum_lbl" xml:lang="en-US" id="id_11465422_2420045_3_1">Long term care active life reserves, interest rate range, minimum.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_LongTermCareActiveLifeReservesInterestRateRangeMinimum_lbl" xml:lang="en-US" id="id_11465422_2420045_1_1">Long term care active life reserves, interest rate range, minimum</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_LongTermCareActiveLifeReservesInterestRateRangeMinimum_lbl" xml:lang="en-US" id="id_11465422_2420045_2_1">Long term care active life reserves, interest rate range, minimum</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_LongTermCareActiveLifeReservesInterestRateRangeMinimum" xlink:to="l_LongTermCareActiveLifeReservesInterestRateRangeMinimum_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_LongTermCareClaimReservesDiscountAmount" xlink:label="l_LongTermCareClaimReservesDiscountAmount"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_LongTermCareClaimReservesDiscountAmount_lbl" xml:lang="en-US" id="id_11465422_2420043_3_1">Long term care claim reserves, discount amount.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_LongTermCareClaimReservesDiscountAmount_lbl" xml:lang="en-US" id="id_11465422_2420043_1_1">Long Term Care Claim Reserves Discount Amount</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_LongTermCareClaimReservesDiscountAmount_lbl" xml:lang="en-US" id="id_11465422_2420043_2_1">Discounted reserves for long term care claim reserves, discount amount</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_LongTermCareClaimReservesDiscountAmount" xlink:to="l_LongTermCareClaimReservesDiscountAmount_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_LongTermCareClaimReservesDiscountedInterestRateMaximum" xlink:label="l_LongTermCareClaimReservesDiscountedInterestRateMaximum"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_LongTermCareClaimReservesDiscountedInterestRateMaximum_lbl" xml:lang="en-US" id="id_11465422_2420041_3_1">Long-term care claim reserves discounted interest rate, maximum.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_LongTermCareClaimReservesDiscountedInterestRateMaximum_lbl" xml:lang="en-US" id="id_11465422_2420041_1_1">Long Term Care Claim Reserves Discounted Interest Rate Maximum</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_LongTermCareClaimReservesDiscountedInterestRateMaximum_lbl" xml:lang="en-US" id="id_11465422_2420041_2_1">Interest rate used to discount long term care claim reserves, maximum</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_LongTermCareClaimReservesDiscountedInterestRateMaximum" xlink:to="l_LongTermCareClaimReservesDiscountedInterestRateMaximum_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_LongTermCareClaimReservesDiscountedInterestRateMinimum" xlink:label="l_LongTermCareClaimReservesDiscountedInterestRateMinimum"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_LongTermCareClaimReservesDiscountedInterestRateMinimum_lbl" xml:lang="en-US" id="id_11465422_2420040_3_1">Long-term care claim reserves discounted interest rate, minimum.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_LongTermCareClaimReservesDiscountedInterestRateMinimum_lbl" xml:lang="en-US" id="id_11465422_2420040_1_1">Long Term Care Claim Reserves Discounted Interest Rate Minimum</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_LongTermCareClaimReservesDiscountedInterestRateMinimum_lbl" xml:lang="en-US" id="id_11465422_2420040_2_1">Interest rate used to discount long term care claim reserves, minimum</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_LongTermCareClaimReservesDiscountedInterestRateMinimum" xlink:to="l_LongTermCareClaimReservesDiscountedInterestRateMinimum_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_LongTermCareClaimReservesDiscountedReservesNetOfDiscount" xlink:label="l_LongTermCareClaimReservesDiscountedReservesNetOfDiscount"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_LongTermCareClaimReservesDiscountedReservesNetOfDiscount_lbl" xml:lang="en-US" id="id_11465422_2420059_3_1">Long-term care claim reserves discounted reserves net of discount.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_LongTermCareClaimReservesDiscountedReservesNetOfDiscount_lbl" xml:lang="en-US" id="id_11465422_2420059_1_1">Long Term Care Claim Reserves Discounted Reserves Net Of Discount</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_LongTermCareClaimReservesDiscountedReservesNetOfDiscount_lbl" xml:lang="en-US" id="id_11465422_2420059_2_1">Discounted reserves for long term care claim reserves</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_LongTermCareClaimReservesDiscountedReservesNetOfDiscount" xlink:to="l_LongTermCareClaimReservesDiscountedReservesNetOfDiscount_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_LongTermCareMember" xlink:label="l_LongTermCareMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_LongTermCareMember_lbl" xml:lang="en-US" id="id_11465422_2420120_3_1">Long term care.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_LongTermCareMember_lbl" xml:lang="en-US" id="id_11465422_2420120_1_1">Long Term Care [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_LongTermCareMember_lbl" xml:lang="en-US" id="id_11465422_2420120_2_1">Long Term Care [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_LongTermCareMember" xlink:to="l_LongTermCareMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebt" xlink:label="us-gaap_LongTermDebt"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LongTermDebt_lbl" xml:lang="en-US" id="id_11465422_2029027_1_1">Long-term Debt</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_LongTermDebt_lbl" xml:lang="en-US" id="id_11465422_2029027_6_1">Net</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebt" xlink:to="us-gaap_LongTermDebt_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtAndCapitalLeaseObligations" xlink:label="us-gaap_LongTermDebtAndCapitalLeaseObligations"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LongTermDebtAndCapitalLeaseObligations_lbl" xml:lang="en-US" id="id_11465422_2034353_1_1">Long-term Debt and Capital Lease Obligations</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_LongTermDebtAndCapitalLeaseObligations_lbl" xml:lang="en-US" id="id_11465422_2034353_2_1">Long term debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebtAndCapitalLeaseObligations" xlink:to="us-gaap_LongTermDebtAndCapitalLeaseObligations_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent" xlink:label="us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent_lbl" xml:lang="en-US" id="id_11465422_2032725_1_1">Long-term Debt and Capital Lease Obligations, Current</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent_lbl" xml:lang="en-US" id="id_11465422_2032725_2_1">Short term debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent" xlink:to="us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtCurrent" xlink:label="us-gaap_LongTermDebtCurrent"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LongTermDebtCurrent_lbl" xml:lang="en-US" id="id_11465422_2029699_1_1">Long-term Debt, Current Maturities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_LongTermDebtCurrent_lbl" xml:lang="en-US" id="id_11465422_2029699_2_1">Short term debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebtCurrent" xlink:to="us-gaap_LongTermDebtCurrent_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_LongTermDebtCurrentNonCurrentIncludingCapitalLeaseObligations" xlink:label="l_LongTermDebtCurrentNonCurrentIncludingCapitalLeaseObligations"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_LongTermDebtCurrentNonCurrentIncludingCapitalLeaseObligations_lbl" xml:lang="en-US" id="id_11465422_2315806_3_1">Long Term Debt Current Non Current Including Capital Lease Obligations</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_LongTermDebtCurrentNonCurrentIncludingCapitalLeaseObligations_lbl" xml:lang="en-US" id="id_11465422_2315806_1_1">Long Term Debt Current Non Current Including Capital Lease Obligations</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="l_LongTermDebtCurrentNonCurrentIncludingCapitalLeaseObligations_lbl" xml:lang="en-US" id="id_11465422_2315806_6_1">Debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_LongTermDebtCurrentNonCurrentIncludingCapitalLeaseObligations" xlink:to="l_LongTermDebtCurrentNonCurrentIncludingCapitalLeaseObligations_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtFairValue" xlink:label="us-gaap_LongTermDebtFairValue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LongTermDebtFairValue_lbl" xml:lang="en-US" id="id_11465422_2033178_1_1">Long-term Debt, Fair Value</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_LongTermDebtFairValue_lbl" xml:lang="en-US" id="id_11465422_2033178_2_1">Long term debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebtFairValue" xlink:to="us-gaap_LongTermDebtFairValue_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_lbl" xml:lang="en-US" id="id_11465422_2028389_1_1">Long-term Debt, Maturities, Repayments of Principal after Year Five</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_lbl" xml:lang="en-US" id="id_11465422_2028389_2_1">Aggregate of long term debt maturing, Thereafter</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive" xlink:to="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_lbl" xml:lang="en-US" id="id_11465422_2034713_1_1">Long-term Debt, Maturities, Repayments of Principal in Next Twelve Months</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_lbl" xml:lang="en-US" id="id_11465422_2034713_2_1">Aggregate of long term debt maturing, 2017</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths" xlink:to="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_lbl" xml:lang="en-US" id="id_11465422_2029912_1_1">Long-term Debt, Maturities, Repayments of Principal in Year Five</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_lbl" xml:lang="en-US" id="id_11465422_2029912_2_1">Aggregate of long term debt maturing, 2021</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive" xlink:to="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour"/>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtNoncurrent" xlink:label="us-gaap_LongTermDebtNoncurrent"/>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LossContingencyEstimateOfPossibleLoss" xlink:label="us-gaap_LossContingencyEstimateOfPossibleLoss"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LossContingencyEstimateOfPossibleLoss_lbl" xml:lang="en-US" id="id_11465422_2030135_1_1">Loss Contingency, Estimate of Possible Loss</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_LossContingencyEstimateOfPossibleLoss_lbl" xml:lang="en-US" id="id_11465422_2030135_2_1">Anticipated premium refunds related to affected policies</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LossContingencyEstimateOfPossibleLoss" xlink:to="us-gaap_LossContingencyEstimateOfPossibleLoss_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_LossOnCoInsuranceAgreement" xlink:label="l_LossOnCoInsuranceAgreement"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_LossOnCoInsuranceAgreement_lbl" xml:lang="en-US" id="id_11465422_2192403_3_1">Loss On Co Insurance Agreement</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_LossOnCoInsuranceAgreement_lbl" xml:lang="en-US" id="id_11465422_2192403_1_1">Loss On Co Insurance Agreement</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_LossOnCoInsuranceAgreement_lbl" xml:lang="en-US" id="id_11465422_2192403_2_1">Recognized loss due to difference between market value and book value of funds withheld assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_LossOnCoInsuranceAgreement" xlink:to="l_LossOnCoInsuranceAgreement_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_LossRecognizedOnLifeSettlementPortfolioHeldForSale" xlink:label="l_LossRecognizedOnLifeSettlementPortfolioHeldForSale"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_LossRecognizedOnLifeSettlementPortfolioHeldForSale_lbl" xml:lang="en-US" id="id_11465422_2420048_3_1">Loss recognized on life settlement portfolio held for sale.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_LossRecognizedOnLifeSettlementPortfolioHeldForSale_lbl" xml:lang="en-US" id="id_11465422_2420048_1_1">Loss recognized on life settlement portfolio held for sale</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_LossRecognizedOnLifeSettlementPortfolioHeldForSale_lbl" xml:lang="en-US" id="id_11465422_2420048_2_1">Loss recognized on life settlement portfolio held for sale</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_LossRecognizedOnLifeSettlementPortfolioHeldForSale" xlink:to="l_LossRecognizedOnLifeSettlementPortfolioHeldForSale_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_lbl" xml:lang="en-US" id="id_11465422_2031210_1_1">Major Types of Debt and Equity Securities [Axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_lbl" xml:lang="en-US" id="id_11465422_2031210_2_1">Major Types of Debt and Equity Securities [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:to="us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_lbl" xml:lang="en-US" id="id_11465422_2030355_1_1">Major Types of Debt and Equity Securities [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_lbl" xml:lang="en-US" id="id_11465422_2030355_2_1">Major Types of Debt and Equity Securities [Domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:to="us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtSecuritiesDomain" xlink:label="us-gaap_MajorTypesOfDebtSecuritiesDomain"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_MajorTypesOfDebtSecuritiesDomain_lbl" xml:lang="en-US" id="id_11465422_2028397_1_1">Major Types of Debt Securities [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_MajorTypesOfDebtSecuritiesDomain_lbl" xml:lang="en-US" id="id_11465422_2028397_2_1">Major Types of Debt Securities [Domain]</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MarketableSecurities" xlink:label="us-gaap_MarketableSecurities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_MarketableSecurities_lbl" xml:lang="en-US" id="id_11465422_2029927_1_1">Marketable Securities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_MarketableSecurities_lbl" xml:lang="en-US" id="id_11465422_2029927_2_1">Investments in securities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MarketableSecurities" xlink:to="us-gaap_MarketableSecurities_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MarketableSecuritiesEquitySecurities" xlink:label="us-gaap_MarketableSecuritiesEquitySecurities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_MarketableSecuritiesEquitySecurities_lbl" xml:lang="en-US" id="id_11465422_2031636_1_1">Marketable Securities, Equity Securities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_MarketableSecuritiesEquitySecurities_lbl" xml:lang="en-US" id="id_11465422_2031636_2_1">Equity securities, cost of $571 and $824</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MarketableSecuritiesEquitySecurities" xlink:to="us-gaap_MarketableSecuritiesEquitySecurities_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MarketableSecuritiesFixedMaturities" xlink:label="us-gaap_MarketableSecuritiesFixedMaturities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_MarketableSecuritiesFixedMaturities_lbl" xml:lang="en-US" id="id_11465422_2040982_1_1">Marketable Securities, Fixed Maturities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_MarketableSecuritiesFixedMaturities_lbl" xml:lang="en-US" id="id_11465422_2040982_2_1">Fixed maturities, amortized cost of $38,947 and $37,407</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MaximumMember" xlink:label="us-gaap_MaximumMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_MaximumMember_lbl" xml:lang="en-US" id="id_11465422_2033371_1_1">Maximum [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_MaximumMember_lbl" xml:lang="en-US" id="id_11465422_2033371_2_1">Maximum [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MaximumMember" xlink:to="us-gaap_MaximumMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_MedicalProfessionalLiabilityMember" xlink:label="l_MedicalProfessionalLiabilityMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_MedicalProfessionalLiabilityMember_lbl" xml:lang="en-US" id="id_11465422_2420076_3_1">Medical professional liability.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_MedicalProfessionalLiabilityMember_lbl" xml:lang="en-US" id="id_11465422_2420076_1_1">Medical professional liability [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_MedicalProfessionalLiabilityMember_lbl" xml:lang="en-US" id="id_11465422_2420076_2_1">Medical Professional Liability [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_MedicalProfessionalLiabilityMember" xlink:to="l_MedicalProfessionalLiabilityMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MergersAcquisitionsAndDispositionsDisclosuresTextBlock" xlink:label="us-gaap_MergersAcquisitionsAndDispositionsDisclosuresTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_MergersAcquisitionsAndDispositionsDisclosuresTextBlock_lbl" xml:lang="en-US" id="id_11465422_2034727_1_1">Mergers, Acquisitions and Dispositions Disclosures [Text Block]</label>
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MergersAcquisitionsAndDispositionsDisclosuresTextBlock" xlink:to="us-gaap_MergersAcquisitionsAndDispositionsDisclosuresTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_MidWaterDrillingRigsMember" xlink:label="l_MidWaterDrillingRigsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_MidWaterDrillingRigsMember_lbl" xml:lang="en-US" id="id_11465422_2368378_3_1">Mid Water Drilling Rigs [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_MidWaterDrillingRigsMember_lbl" xml:lang="en-US" id="id_11465422_2368378_1_1">Mid Water Drilling Rigs [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_MidWaterDrillingRigsMember_lbl" xml:lang="en-US" id="id_11465422_2368378_2_1">Mid Water Drilling Rigs [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_MidWaterDrillingRigsMember" xlink:to="l_MidWaterDrillingRigsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_MidWaterFloaterMember" xlink:label="l_MidWaterFloaterMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_MidWaterFloaterMember_lbl" xml:lang="en-US" id="id_11465422_2307507_3_1">Mid Water Floater [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_MidWaterFloaterMember_lbl" xml:lang="en-US" id="id_11465422_2307507_1_1">Mid Water Floater [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_MidWaterFloaterMember_lbl" xml:lang="en-US" id="id_11465422_2307507_2_1">Mid Water Floater [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_MidWaterFloaterMember" xlink:to="l_MidWaterFloaterMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_MidWaterSemiSubmersibleRigsMember" xlink:label="l_MidWaterSemiSubmersibleRigsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_MidWaterSemiSubmersibleRigsMember_lbl" xml:lang="en-US" id="id_11465422_2236495_3_1">Mid Water Semi Submersible Rigs Member</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_MidWaterSemiSubmersibleRigsMember_lbl" xml:lang="en-US" id="id_11465422_2236495_1_1">Mid Water Semi Submersible Rigs [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_MidWaterSemiSubmersibleRigsMember_lbl" xml:lang="en-US" id="id_11465422_2236495_2_1">Mid-Water Rigs [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_MidWaterSemiSubmersibleRigsMember" xlink:to="l_MidWaterSemiSubmersibleRigsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_MilesOfNaturalGasAndNaturalGasLiquidPipelines" xlink:label="l_MilesOfNaturalGasAndNaturalGasLiquidPipelines"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_MinorityInterest_lbl" xml:lang="en-US" id="id_11465422_2031641_1_1">Stockholders' Equity Attributable to Noncontrolling Interest</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_MinorityInterestOwnershipPercentageByParentThreshold_lbl" xml:lang="en-US" id="id_11465422_2295541_3_1">Minority interest ownership percentage by parent threshold.</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_MinorityInterestOwnershipPercentageByParentThreshold_lbl" xml:lang="en-US" id="id_11465422_2295541_2_1">Equity ownership percentage</label>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_MultiStrategyApproachMember" xlink:label="l_MultiStrategyApproachMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_MultiStrategyApproachMember_lbl" xml:lang="en-US" id="id_11465422_2090626_3_1">Multi Strategy Approach [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_MultiStrategyApproachMember_lbl" xml:lang="en-US" id="id_11465422_2090626_1_1">Multi Strategy Approach [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_MultiStrategyApproachMember_lbl" xml:lang="en-US" id="id_11465422_2090626_2_1">Multi-Strategy Approach [Member]</label>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_NetAsbestosAndEnvironmentalPollutionAdverseDevelopmentBeforeConsiderationOfLossPortfolioTransfer" xlink:label="l_NetAsbestosAndEnvironmentalPollutionAdverseDevelopmentBeforeConsiderationOfLossPortfolioTransfer"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_NetAsbestosAndEnvironmentalPollutionAdverseDevelopmentBeforeConsiderationOfLossPortfolioTransfer_lbl" xml:lang="en-US" id="id_11465422_2160478_3_1">Net Asbestos And Environmental Pollution Adverse Development Before Consideration Of Loss Portfolio Transfer</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_NetAsbestosAndEnvironmentalPollutionAdverseDevelopmentBeforeConsiderationOfLossPortfolioTransfer_lbl" xml:lang="en-US" id="id_11465422_2160478_1_1">Net Asbestos And Environmental Pollution Adverse Development Before Consideration Of Loss Portfolio Transfer</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_NetAsbestosAndEnvironmentalPollutionAdverseDevelopmentBeforeConsiderationOfLossPortfolioTransfer_lbl" xml:lang="en-US" id="id_11465422_2160478_2_1">Net A&amp;EP adverse development before consideration of LPT</label>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_NetCaseReserves" xlink:label="l_NetCaseReserves"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_NetCaseReserves_lbl" xml:lang="en-US" id="id_11465422_2055995_3_1">Net Case Reserves</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_NetCaseReserves_lbl" xml:lang="en-US" id="id_11465422_2055995_1_1">Net Case Reserves</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_NetCaseReserves_lbl" xml:lang="en-US" id="id_11465422_2055995_2_1">Net Case Reserves</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities_lbl" xml:lang="en-US" id="id_11465422_2031232_1_1">Net Cash Provided by (Used in) Financing Activities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities_lbl" xml:lang="en-US" id="id_11465422_2031232_6_1">Net cash flow financing activities</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl" xml:lang="en-US" id="id_11465422_2031020_1_1">Net Cash Provided by (Used in) Financing Activities [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl" xml:lang="en-US" id="id_11465422_2031020_2_1">Financing Activities:</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:to="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_lbl" xml:lang="en-US" id="id_11465422_2032942_1_1">Net Cash Provided by (Used in) Financing Activities, Continuing Operations</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_lbl" xml:lang="en-US" id="id_11465422_2032942_6_1">Net cash flow financing activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:to="us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_lbl" xml:lang="en-US" id="id_11465422_2033388_1_1">Net Cash Provided by (Used in) Financing Activities, Continuing Operations [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_lbl" xml:lang="en-US" id="id_11465422_2033388_2_1">Financing Activities:</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:to="us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivities_lbl" xml:lang="en-US" id="id_11465422_2032755_1_1">Net Cash Provided by (Used in) Investing Activities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivities_lbl" xml:lang="en-US" id="id_11465422_2032755_6_1">Net cash flow investing activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:to="us-gaap_NetCashProvidedByUsedInInvestingActivities_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_lbl" xml:lang="en-US" id="id_11465422_2032943_1_1">Net Cash Provided by (Used in) Investing Activities [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_lbl" xml:lang="en-US" id="id_11465422_2032943_2_1">Investing Activities:</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:to="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_lbl" xml:lang="en-US" id="id_11465422_2030371_1_1">Net Cash Provided by (Used in) Investing Activities, Continuing Operations</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_lbl" xml:lang="en-US" id="id_11465422_2030371_6_1">Net cash flow investing activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:to="us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_lbl" xml:lang="en-US" id="id_11465422_2030817_1_1">Net Cash Provided by (Used in) Investing Activities, Continuing Operations [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_lbl" xml:lang="en-US" id="id_11465422_2030817_2_1">Investing Activities:</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:to="us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl" xml:lang="en-US" id="id_11465422_2031021_1_1">Net Cash Provided by (Used in) Operating Activities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl" xml:lang="en-US" id="id_11465422_2031021_6_1">Net cash flow operating activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:to="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xml:lang="en-US" id="id_11465422_2030818_1_1">Net Cash Provided by (Used in) Operating Activities [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xml:lang="en-US" id="id_11465422_2030818_2_1">Operating Activities:</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:to="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_lbl" xml:lang="en-US" id="id_11465422_2034376_1_1">Net Cash Provided by (Used in) Operating Activities, Continuing Operations</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_lbl" xml:lang="en-US" id="id_11465422_2034376_6_1">Net cash flow operating activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:to="us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_lbl" xml:lang="en-US" id="id_11465422_2029047_1_1">Net Cash Provided by (Used in) Operating Activities, Continuing Operations [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_lbl" xml:lang="en-US" id="id_11465422_2029047_2_1">Operating Activities:</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:to="us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_lbl"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_NetIbnrReserves_lbl" xml:lang="en-US" id="id_11465422_2345069_3_1">Net IBNR Reserves</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_NetInvestmentIncomeAndGainsLossesOnTradingSecuritiesBeforeInvestmentExpenses_lbl" xml:lang="en-US" id="id_11465422_2052670_3_1">Net Investment Income And Gains Losses On Trading Securities Before Investment Expenses</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_NetInvestmentIncomeAndGainsLossesOnTradingSecuritiesBeforeInvestmentExpenses_lbl" xml:lang="en-US" id="id_11465422_2052670_1_1">Net Investment Income And Gains Losses On Trading Securities Before Investment Expenses</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_NetInvestmentIncomeAndInvestmentGainsLossesTableTextBlock_lbl" xml:lang="en-US" id="id_11465422_2319112_3_1">Net investment income and investment gains (losses).</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_NetInvestmentIncomeAndInvestmentGainsLossesTableTextBlock_lbl" xml:lang="en-US" id="id_11465422_2319112_1_1">Net Investment Income And Investment Gains Losses [Table Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_NetInvestmentIncomeAndInvestmentGainsLossesTableTextBlock_lbl" xml:lang="en-US" id="id_11465422_2319112_2_1">Net Investment Income and Investment Gains (Losses)</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_NetInvestmentIncomeCumulativeAdjustmentRelatingToPriorPeriods_lbl" xml:lang="en-US" id="id_11465422_2420057_3_1">Net investment income cumulative adjustment relating to prior periods.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_NetInvestmentIncomeCumulativeAdjustmentRelatingToPriorPeriods_lbl" xml:lang="en-US" id="id_11465422_2420057_1_1">Net Investment Income Cumulative Adjustment Relating To Prior Periods</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_NetInvestmentIncomeCumulativeAdjustmentRelatingToPriorPeriods_lbl" xml:lang="en-US" id="id_11465422_2420057_2_1">Net investment income cumulative adjustment relating to prior periods</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_NetPriorYearClaimAndAllocatedClaimAdjustment_lbl" xml:lang="en-US" id="id_11465422_2097911_3_1">Net prior year claim and allocated claim adjustment.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_NetPriorYearClaimAndAllocatedClaimAdjustment_lbl" xml:lang="en-US" id="id_11465422_2097911_1_1">Net Prior Year Claim And Allocated Claim Adjustment</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_NetPriorYearClaimAndAllocatedClaimAdjustment_lbl" xml:lang="en-US" id="id_11465422_2097911_2_1">Commercial auto</label>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_NetPriorYearClaimAndAllocatedClaimAdjustmentExpenseMedicalProfessionalLiability" xlink:label="l_NetPriorYearClaimAndAllocatedClaimAdjustmentExpenseMedicalProfessionalLiability"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_NetPriorYearClaimAndAllocatedClaimAdjustmentExpenseMedicalProfessionalLiability_lbl" xml:lang="en-US" id="id_11465422_2368237_3_1">Net Prior Year Claim and Allocated Claim Adjustment Expense, Medical Professional Liability</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_NetPriorYearClaimAndAllocatedClaimAdjustmentExpenseMedicalProfessionalLiability_lbl" xml:lang="en-US" id="id_11465422_2368237_1_1">Net Prior Year Claim And Allocated Claim Adjustment Expense Medical Professional Liability</label>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_NetPriorYearClaimAndAllocatedClaimAdjustmentExpenseOther" xlink:label="l_NetPriorYearClaimAndAllocatedClaimAdjustmentExpenseOther"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_NetPriorYearClaimAndAllocatedClaimAdjustmentExpenseOther_lbl" xml:lang="en-US" id="id_11465422_2317722_3_1">Net Prior Year Claim and Allocated Claim Adjustment Expense, Other</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_NetPriorYearClaimAndAllocatedClaimAdjustmentExpenseOther_lbl" xml:lang="en-US" id="id_11465422_2317722_1_1">Net Prior Year Claim And Allocated Claim Adjustment Expense Other</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_NetPriorYearClaimAndAllocatedClaimAdjustmentExpenseOther_lbl" xml:lang="en-US" id="id_11465422_2317722_2_1">Other</label>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_NetPriorYearClaimAndAllocatedClaimAdjustmentExpenseOtherProfessionalLiabilityAndManagementLiability" xlink:label="l_NetPriorYearClaimAndAllocatedClaimAdjustmentExpenseOtherProfessionalLiabilityAndManagementLiability"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_NetPriorYearClaimAndAllocatedClaimAdjustmentExpenseOtherProfessionalLiabilityAndManagementLiability_lbl" xml:lang="en-US" id="id_11465422_2049706_3_1">Net Prior Year Claim And Allocated Claim Adjustment Expense Other Professional Liability And Management Liability</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_NetPriorYearClaimAndAllocatedClaimAdjustmentExpenseOtherProfessionalLiabilityAndManagementLiability_lbl" xml:lang="en-US" id="id_11465422_2049706_1_1">Net Prior Year Claim And Allocated Claim Adjustment Expense Other Professional Liability And Management Liability</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_NetPriorYearClaimAndAllocatedClaimAdjustmentExpenseOtherProfessionalLiabilityAndManagementLiability_lbl" xml:lang="en-US" id="id_11465422_2049706_2_1">Other professional liability and management liability</label>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_NetPriorYearClaimAndAllocatedClaimAdjustmentExpenseReserveAndPremiumDevelopmentTableTextBlock" xlink:label="l_NetPriorYearClaimAndAllocatedClaimAdjustmentExpenseReserveAndPremiumDevelopmentTableTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_NetPriorYearClaimAndAllocatedClaimAdjustmentExpenseReserveAndPremiumDevelopmentTableTextBlock_lbl" xml:lang="en-US" id="id_11465422_2420390_3_1">Net Prior Year Claim And Allocated Claim Adjustment Expense Reserve And Premium Development [Table Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_NetPriorYearClaimAndAllocatedClaimAdjustmentExpenseReserveAndPremiumDevelopmentTableTextBlock_lbl" xml:lang="en-US" id="id_11465422_2420390_1_1">Net Prior Year Claim And Allocated Claim Adjustment Expense Reserve And Premium Development [Table Text Block]</label>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_NetPriorYearClaimAndAllocatedClaimAdjustmentExpenseReserveDevelopmentTableTextBlock" xlink:label="l_NetPriorYearClaimAndAllocatedClaimAdjustmentExpenseReserveDevelopmentTableTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_NetPriorYearClaimAndAllocatedClaimAdjustmentExpenseReserveDevelopmentTableTextBlock_lbl" xml:lang="en-US" id="id_11465422_2223814_3_1">Net prior year claim and allocated claim adjustment expense reserve development for CNA commercial segment</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_NetPriorYearClaimAndAllocatedClaimAdjustmentExpenseReserveDevelopmentTableTextBlock_lbl" xml:lang="en-US" id="id_11465422_2223814_1_1">Net Prior Year Claim And Allocated Claim Adjustment Expense Reserve Development [Table Text Block]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_NetPriorYearClaimAndAllocatedClaimAdjustmentExpenseSurety_lbl" xml:lang="en-US" id="id_11465422_2337800_3_1">Net Prior Year Claim and Allocated Claim Adjustment Expense, Surety</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_NetPriorYearClaimAndAllocatedClaimAdjustmentExpenseSurety_lbl" xml:lang="en-US" id="id_11465422_2337800_1_1">Net Prior Year Claim And Allocated Claim Adjustment Expense Surety</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_NetPriorYearClaimAndAllocatedClaimAdjustmentExpenseSurety_lbl" xml:lang="en-US" id="id_11465422_2337800_2_1">Surety</label>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_NetPriorYearClaimAndAllocatedClaimAdjustmentGeneralLiability" xlink:label="l_NetPriorYearClaimAndAllocatedClaimAdjustmentGeneralLiability"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_NetPriorYearClaimAndAllocatedClaimAdjustmentGeneralLiability_lbl" xml:lang="en-US" id="id_11465422_2162733_3_1">Net Prior Year Claim and Allocated Claim Adjustment, General Liability</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_NetPriorYearClaimAndAllocatedClaimAdjustmentGeneralLiability_lbl" xml:lang="en-US" id="id_11465422_2162733_1_1">Net Prior Year Claim And Allocated Claim Adjustment General Liability</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_NetPriorYearClaimAndAllocatedClaimAdjustmentGeneralLiability_lbl" xml:lang="en-US" id="id_11465422_2162733_2_1">General liability</label>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_NetPriorYearClaimAndAllocatedClaimAdjustmentWorkersCompensation" xlink:label="l_NetPriorYearClaimAndAllocatedClaimAdjustmentWorkersCompensation"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_NetPriorYearClaimAndAllocatedClaimAdjustmentWorkersCompensation_lbl" xml:lang="en-US" id="id_11465422_2134780_1_1">Net Prior Year Claim And Allocated Claim Adjustment Workers Compensation</label>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_NetShortdurationInsuranceContractsAccidentYearMember" xlink:label="l_NetShortdurationInsuranceContractsAccidentYearMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_NetShortdurationInsuranceContractsAccidentYearMember_lbl" xml:lang="en-US" id="id_11465422_2420193_3_1">Net short-duration insurance contracts, accident year.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_NetShortdurationInsuranceContractsAccidentYearMember_lbl" xml:lang="en-US" id="id_11465422_2420193_1_1">Net Short-duration Insurance Contracts, Accident Year [Member]</label>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_NetStrengtheningOrReleasesOfPriorAccidentYearReserves" xlink:label="l_NetStrengtheningOrReleasesOfPriorAccidentYearReserves"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_NetStrengtheningOrReleasesOfPriorAccidentYearReserves_lbl" xml:lang="en-US" id="id_11465422_2420126_3_1">Net strengthening or (releases) of prior accident year reserves.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_NetStrengtheningOrReleasesOfPriorAccidentYearReserves_lbl" xml:lang="en-US" id="id_11465422_2420126_1_1">Net Strengthening or (Releases) of Prior Accident Year Reserves</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_NetStrengtheningOrReleasesOfPriorAccidentYearReservesPriorYears_lbl" xml:lang="en-US" id="id_11465422_2420125_2_1">Strengthening or (Releases) of Prior Accident Year Reserves</label>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_NetUnrealizedGainsOnInvestmentsIncludedInAccumulatedOtherComprehensiveIncome" xlink:label="l_NetUnrealizedGainsOnInvestmentsIncludedInAccumulatedOtherComprehensiveIncome"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_NetUnrealizedGainsOnInvestmentsIncludedInAccumulatedOtherComprehensiveIncome_lbl" xml:lang="en-US" id="id_11465422_2346891_3_1">Net Unrealized Gains On Investments Included In Accumulated Other Comprehensive Income</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_NetUnrealizedGainsOnInvestmentsIncludedInAccumulatedOtherComprehensiveIncome_lbl" xml:lang="en-US" id="id_11465422_2346891_1_1">Net Unrealized Gains On Investments Included In Accumulated Other Comprehensive Income</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_NetUnrealizedGainsOnInvestmentsIncludedInAccumulatedOtherComprehensiveIncome_lbl" xml:lang="en-US" id="id_11465422_2346891_2_1">Net unrealized gains on investments included in "AOCI"</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification" xlink:label="us-gaap_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification_lbl" xml:lang="en-US" id="id_11465422_2029736_1_1">New Accounting Pronouncement or Change in Accounting Principle, Effect of Adoption, Quantification</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification_lbl" xml:lang="en-US" id="id_11465422_2029736_2_1">Decrease in other assets and long term debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification" xlink:to="us-gaap_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfChangeOnBasicEarningsPerShare" xlink:label="us-gaap_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfChangeOnBasicEarningsPerShare"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfChangeOnBasicEarningsPerShare_lbl" xml:lang="en-US" id="id_11465422_2029952_1_1">New Accounting Pronouncement or Change in Accounting Principle, Effect of Change on Basic Earnings Per Share</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfChangeOnBasicEarningsPerShare_lbl" xml:lang="en-US" id="id_11465422_2029952_2_1">Decrease in basic net income per share</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfChangeOnBasicEarningsPerShare" xlink:to="us-gaap_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfChangeOnBasicEarningsPerShare_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfChangeOnDilutedEarningsPerShare" xlink:label="us-gaap_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfChangeOnDilutedEarningsPerShare"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfChangeOnDilutedEarningsPerShare_lbl" xml:lang="en-US" id="id_11465422_2034187_1_1">New Accounting Pronouncement or Change in Accounting Principle, Effect of Change on Diluted Earnings Per Share</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfChangeOnDilutedEarningsPerShare_lbl" xml:lang="en-US" id="id_11465422_2034187_2_1">Decrease in diluted net income per share</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfChangeOnDilutedEarningsPerShare" xlink:to="us-gaap_NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfChangeOnDilutedEarningsPerShare_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_NewAccountingPronouncementOrChangeInAccountingPrincipleNetInvestmentIncomeAndFixedMaturitySecurities" xlink:label="l_NewAccountingPronouncementOrChangeInAccountingPrincipleNetInvestmentIncomeAndFixedMaturitySecurities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_NewAccountingPronouncementOrChangeInAccountingPrincipleNetInvestmentIncomeAndFixedMaturitySecurities_lbl" xml:lang="en-US" id="id_11465422_2332122_3_1">New accounting pronouncement or change in accounting principle net investment income and fixed maturity securities.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_NewAccountingPronouncementOrChangeInAccountingPrincipleNetInvestmentIncomeAndFixedMaturitySecurities_lbl" xml:lang="en-US" id="id_11465422_2332122_1_1">New Accounting Pronouncement Or Change In Accounting Principle Net Investment Income And Fixed Maturity Securities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_NewAccountingPronouncementOrChangeInAccountingPrincipleNetInvestmentIncomeAndFixedMaturitySecurities_lbl" xml:lang="en-US" id="id_11465422_2332122_2_1">Net investment income and the amortized cost of fixed maturity securities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_NewAccountingPronouncementOrChangeInAccountingPrincipleNetInvestmentIncomeAndFixedMaturitySecurities" xlink:to="l_NewAccountingPronouncementOrChangeInAccountingPrincipleNetInvestmentIncomeAndFixedMaturitySecurities_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" xlink:label="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_lbl" xml:lang="en-US" id="id_11465422_2032113_1_1">New Accounting Pronouncements, Policy [Policy Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_lbl" xml:lang="en-US" id="id_11465422_2032113_2_1">Recently issued ASUs</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" xlink:to="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance" xlink:label="us-gaap_NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance_lbl" xml:lang="en-US" id="id_11465422_2034386_1_1">Noncontrolling Interest, Increase from Subsidiary Equity Issuance</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance_lbl" xml:lang="en-US" id="id_11465422_2034386_2_1">Issuance of equity securities by subsidiary</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance" xlink:to="us-gaap_NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NoncontrollingInterestMember" xlink:label="us-gaap_NoncontrollingInterestMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NoncontrollingInterestMember_lbl" xml:lang="en-US" id="id_11465422_2041001_1_1">Noncontrolling Interest [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_NoncontrollingInterestMember_lbl" xml:lang="en-US" id="id_11465422_2041001_2_1">Noncontrolling Interests [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NoncontrollingInterestMember" xlink:to="us-gaap_NoncontrollingInterestMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_NonCoreOperationsMember" xlink:label="l_NonCoreOperationsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_NonCoreOperationsMember_lbl" xml:lang="en-US" id="id_11465422_2116985_3_1">Non core operations.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_NonCoreOperationsMember_lbl" xml:lang="en-US" id="id_11465422_2116985_1_1">Non Core Operations [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_NonCoreOperationsMember_lbl" xml:lang="en-US" id="id_11465422_2116985_2_1">Non Core Operations [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_NonCoreOperationsMember" xlink:to="l_NonCoreOperationsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NondesignatedMember" xlink:label="us-gaap_NondesignatedMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NondesignatedMember_lbl" xml:lang="en-US" id="id_11465422_2032948_1_1">Not Designated as Hedging Instrument [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_NondesignatedMember_lbl" xml:lang="en-US" id="id_11465422_2032948_2_1">Without Hedge Designation [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NondesignatedMember" xlink:to="us-gaap_NondesignatedMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_NumberOfColdStackedRigs" xlink:label="l_NumberOfColdStackedRigs"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_NumberOfColdStackedRigs_lbl" xml:lang="en-US" id="id_11465422_2049326_3_1">Number Of Cold Stacked Rigs</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_NumberOfColdStackedRigs_lbl" xml:lang="en-US" id="id_11465422_2049326_1_1">Number Of Cold Stacked Rigs</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_NumberOfColdStackedRigs_lbl" xml:lang="en-US" id="id_11465422_2049326_2_1">Number of cold-stacked rigs</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_NumberOfColdStackedRigs" xlink:to="l_NumberOfColdStackedRigs_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_NumberOfCountriesWhereDrillingRigsLocated" xlink:label="l_NumberOfCountriesWhereDrillingRigsLocated"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_NumberOfCountriesWhereDrillingRigsLocated_lbl" xml:lang="en-US" id="id_11465422_2232725_3_1">Number of countries where drilling rigs located</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_NumberOfCountriesWhereDrillingRigsLocated_lbl" xml:lang="en-US" id="id_11465422_2232725_1_1">Number Of Countries Where Drilling Rigs Located</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_NumberOfCountriesWhereDrillingRigsLocated_lbl" xml:lang="en-US" id="id_11465422_2232725_2_1">Number of countries where drilling rigs are located</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_NumberOfCountriesWhereDrillingRigsLocated" xlink:to="l_NumberOfCountriesWhereDrillingRigsLocated_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_NumberOfHotels" xlink:label="l_NumberOfHotels"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_NumberOfHotels_lbl" xml:lang="en-US" id="id_11465422_2334119_3_1">Number Of Hotels</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_NumberOfHotels_lbl" xml:lang="en-US" id="id_11465422_2334119_1_1">Number Of Hotels</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_NumberOfHotels_lbl" xml:lang="en-US" id="id_11465422_2334119_2_1">Number of hotels</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_NumberOfHotels" xlink:to="l_NumberOfHotels_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_NumberOfImpairedRigsCurrentlyOperatingUnderContract" xlink:label="l_NumberOfImpairedRigsCurrentlyOperatingUnderContract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_NumberOfImpairedRigsCurrentlyOperatingUnderContract_lbl" xml:lang="en-US" id="id_11465422_2417313_3_1">Number of Impaired Rigs Currently Operating Under Contract</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_NumberOfImpairedRigsCurrentlyOperatingUnderContract_lbl" xml:lang="en-US" id="id_11465422_2417313_1_1">Number of Impaired Rigs Currently Operating Under Contract</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_NumberOfImpairedRigsCurrentlyOperatingUnderContract_lbl" xml:lang="en-US" id="id_11465422_2417313_2_1">Number of rigs previously impaired, currently operating</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_NumberOfImpairedRigsCurrentlyOperatingUnderContract" xlink:to="l_NumberOfImpairedRigsCurrentlyOperatingUnderContract_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_NumberOfInvestments" xlink:label="l_NumberOfInvestments"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_NumberOfInvestments_lbl" xml:lang="en-US" id="id_11465422_2065858_3_1">Number Of Investments</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_NumberOfInvestments_lbl" xml:lang="en-US" id="id_11465422_2065858_1_1">Number Of Investments</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_NumberOfInvestments_lbl" xml:lang="en-US" id="id_11465422_2065858_2_1">Number of Investments not exceeds 10% of shareholders equity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_NumberOfInvestments" xlink:to="l_NumberOfInvestments_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_NumberOfNaturalGasAndOilProperties" xlink:label="l_NumberOfNaturalGasAndOilProperties"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_NumberOfNaturalGasAndOilProperties_lbl" xml:lang="en-US" id="id_11465422_2338561_3_1">Number of natural gas and oil properties.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_NumberOfNaturalGasAndOilProperties_lbl" xml:lang="en-US" id="id_11465422_2338561_1_1">Number of Natural Gas and Oil Properties</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_NumberOfNaturalGasAndOilProperties_lbl" xml:lang="en-US" id="id_11465422_2338561_2_1">Number of remaining natural gas and oil properties</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_NumberOfNaturalGasAndOilProperties" xlink:to="l_NumberOfNaturalGasAndOilProperties_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_NumberOfOffshoreDrillingRigs" xlink:label="l_NumberOfOffshoreDrillingRigs"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_NumberOfOffshoreDrillingRigs_lbl" xml:lang="en-US" id="id_11465422_2115343_3_1">Number of offshore drilling rigs</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_NumberOfOffshoreDrillingRigs_lbl" xml:lang="en-US" id="id_11465422_2115343_1_1">Number Of Offshore Drilling Rigs</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_NumberOfOffshoreDrillingRigs_lbl" xml:lang="en-US" id="id_11465422_2115343_2_1">Number of offshore drilling rigs</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_NumberOfOffshoreDrillingRigs" xlink:to="l_NumberOfOffshoreDrillingRigs_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_NumberOfOffshoreRigsSold" xlink:label="l_NumberOfOffshoreRigsSold"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_NumberOfOffshoreRigsSold_lbl" xml:lang="en-US" id="id_11465422_2296691_3_1">Number Of Offshore Rigs Sold</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_NumberOfOffshoreRigsSold_lbl" xml:lang="en-US" id="id_11465422_2296691_1_1">Number Of Offshore Rigs Sold</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_NumberOfOffshoreRigsSold_lbl" xml:lang="en-US" id="id_11465422_2296691_2_1">Number of rigs sold after impaired</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_NumberOfOffshoreRigsSold" xlink:to="l_NumberOfOffshoreRigsSold_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_NumberOfOneYearExtensions" xlink:label="l_NumberOfOneYearExtensions"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_NumberOfOneYearExtensions_lbl" xml:lang="en-US" id="id_11465422_2348238_3_1">Number of one year extensions.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_NumberOfOneYearExtensions_lbl" xml:lang="en-US" id="id_11465422_2348238_1_1">Number Of One Year Extensions</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_NumberOfOneYearExtensions_lbl" xml:lang="en-US" id="id_11465422_2348238_2_1">Number of one-year extensions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_NumberOfOneYearExtensions" xlink:to="l_NumberOfOneYearExtensions_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NumberOfOperatingSegments" xlink:label="us-gaap_NumberOfOperatingSegments"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NumberOfOperatingSegments_lbl" xml:lang="en-US" id="id_11465422_2041010_1_1">Number of Operating Segments</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_NumberOfOperatingSegments_lbl" xml:lang="en-US" id="id_11465422_2041010_2_1">Number of individual operating subsidiaries</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NumberOfOperatingSegments" xlink:to="us-gaap_NumberOfOperatingSegments_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_NumberOfParentHotelsOwned" xlink:label="l_NumberOfParentHotelsOwned"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_NumberOfParentHotelsOwned_lbl" xml:lang="en-US" id="id_11465422_2234235_3_1">Total Number of Parent Hotels Owned.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_NumberOfParentHotelsOwned_lbl" xml:lang="en-US" id="id_11465422_2234235_1_1">Number Of Parent Hotels Owned</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_NumberOfParentHotelsOwned_lbl" xml:lang="en-US" id="id_11465422_2234235_2_1">Total number of hotels owned and/or operated</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_NumberOfParentHotelsOwned" xlink:to="l_NumberOfParentHotelsOwned_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_NumberOfPropertiesAcquired" xlink:label="l_NumberOfPropertiesAcquired"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_NumberOfPropertiesAcquired_lbl" xml:lang="en-US" id="id_11465422_2203511_3_1">Number Of Properties Acquired</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_NumberOfPropertiesAcquired_lbl" xml:lang="en-US" id="id_11465422_2203511_1_1">Number Of Properties Acquired</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_NumberOfPropertiesAcquired_lbl" xml:lang="en-US" id="id_11465422_2203511_2_1">Number of hotel properties acquired</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_NumberOfPropertiesAcquired" xlink:to="l_NumberOfPropertiesAcquired_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_NumberOfPropertyPlantAndEquipmentImpaired" xlink:label="l_NumberOfPropertyPlantAndEquipmentImpaired"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_NumberOfPropertyPlantAndEquipmentImpaired_lbl" xml:lang="en-US" id="id_11465422_2220211_3_1">Number of property plant and equipment impaired.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_NumberOfPropertyPlantAndEquipmentImpaired_lbl" xml:lang="en-US" id="id_11465422_2220211_1_1">Number Of Property Plant And Equipment Impaired</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_NumberOfPropertyPlantAndEquipmentImpaired_lbl" xml:lang="en-US" id="id_11465422_2220211_2_1">Number of equipment impaired</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_NumberOfPropertyPlantAndEquipmentImpaired" xlink:to="l_NumberOfPropertyPlantAndEquipmentImpaired_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_NumberOfPropertyPlantAndEquipmentInConstructionDelivered" xlink:label="l_NumberOfPropertyPlantAndEquipmentInConstructionDelivered"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_NumberOfPropertyPlantAndEquipmentInConstructionDelivered_lbl" xml:lang="en-US" id="id_11465422_2094568_3_1">Number of ultra-deepwater drillships/floaters delivered.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_NumberOfPropertyPlantAndEquipmentInConstructionDelivered_lbl" xml:lang="en-US" id="id_11465422_2094568_1_1">Number Of Property Plant And Equipment In Construction Delivered</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_NumberOfPropertyPlantAndEquipmentInConstructionDelivered_lbl" xml:lang="en-US" id="id_11465422_2094568_2_1">Number of equipment's delivered</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_NumberOfPropertyPlantAndEquipmentInConstructionDelivered" xlink:to="l_NumberOfPropertyPlantAndEquipmentInConstructionDelivered_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NumberOfReportableSegments" xlink:label="us-gaap_NumberOfReportableSegments"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NumberOfReportableSegments_lbl" xml:lang="en-US" id="id_11465422_2034760_1_1">Number of Reportable Segments</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_NumberOfReportableSegments_lbl" xml:lang="en-US" id="id_11465422_2034760_2_1">Number of reportable segments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NumberOfReportableSegments" xlink:to="us-gaap_NumberOfReportableSegments_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_NumberOfRigsEvaluatedForImpairment" xlink:label="l_NumberOfRigsEvaluatedForImpairment"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_NumberOfRigsEvaluatedForImpairment_lbl" xml:lang="en-US" id="id_11465422_2258857_3_1">Number of rigs evaluated for impairment.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_NumberOfRigsEvaluatedForImpairment_lbl" xml:lang="en-US" id="id_11465422_2258857_1_1">Number Of Rigs Evaluated For Impairment</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_NumberOfRigsEvaluatedForImpairment_lbl" xml:lang="en-US" id="id_11465422_2258857_2_1">Number rigs evaluated for impairment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_NumberOfRigsEvaluatedForImpairment" xlink:to="l_NumberOfRigsEvaluatedForImpairment_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_NumberOfRigsRetireAndScrapped" xlink:label="l_NumberOfRigsRetireAndScrapped"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_NumberOfRigsRetireAndScrapped_lbl" xml:lang="en-US" id="id_11465422_2237581_3_1">Number of rigs retire and scrapped.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_NumberOfRigsRetireAndScrapped_lbl" xml:lang="en-US" id="id_11465422_2237581_1_1">Number of Rigs Retire and Scrapped</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_NumberOfRigsRetireAndScrapped_lbl" xml:lang="en-US" id="id_11465422_2237581_2_1">Number of property plant and equipment scrapped</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_NumberOfRigsRetireAndScrapped" xlink:to="l_NumberOfRigsRetireAndScrapped_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_NumberOfSaleLeasebackTransactions" xlink:label="l_NumberOfSaleLeasebackTransactions"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_NumberOfSaleLeasebackTransactions_lbl" xml:lang="en-US" id="id_11465422_2089255_3_1">Number of Sale Leaseback transactions</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_NumberOfSaleLeasebackTransactions_lbl" xml:lang="en-US" id="id_11465422_2089255_1_1">Number of Sale Leaseback transactions</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_NumberOfSaleLeasebackTransactions_lbl" xml:lang="en-US" id="id_11465422_2089255_2_1">Number of sale and leaseback transactions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_NumberOfSaleLeasebackTransactions" xlink:to="l_NumberOfSaleLeasebackTransactions_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_NumberOfStatesHavingNaturalGasStorageFacilities" xlink:label="l_NumberOfStatesHavingNaturalGasStorageFacilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_NumberOfStatesHavingNaturalGasStorageFacilities_lbl" xml:lang="en-US" id="id_11465422_2204981_3_1">Number Of States Having Natural Gas Storage Facilities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_NumberOfStatesHavingNaturalGasStorageFacilities_lbl" xml:lang="en-US" id="id_11465422_2204981_1_1">Number Of States Having Natural Gas Storage Facilities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_NumberOfStatesHavingNaturalGasStorageFacilities_lbl" xml:lang="en-US" id="id_11465422_2204981_2_1">Number of states having natural gas storage facilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_NumberOfStatesHavingNaturalGasStorageFacilities" xlink:to="l_NumberOfStatesHavingNaturalGasStorageFacilities_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingExpenseMember" xlink:label="us-gaap_OperatingExpenseMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingExpenseMember_lbl" xml:lang="en-US" id="id_11465422_2034404_1_1">Operating Expense [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_OperatingExpenseMember_lbl" xml:lang="en-US" id="id_11465422_2034404_2_1">Other Operating Expenses [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingExpenseMember" xlink:to="us-gaap_OperatingExpenseMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLeasedAssetsLineItems" xlink:label="us-gaap_OperatingLeasedAssetsLineItems"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingLeasedAssetsLineItems_lbl" xml:lang="en-US" id="id_11465422_2034980_1_1">Operating Leased Assets [Line Items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_OperatingLeasedAssetsLineItems_lbl" xml:lang="en-US" id="id_11465422_2034980_2_1">Operating Leased Assets [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeasedAssetsLineItems" xlink:to="us-gaap_OperatingLeasedAssetsLineItems_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDue" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDue_lbl" xml:lang="en-US" id="id_11465422_2028198_1_1">Operating Leases, Future Minimum Payments Due</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDue_lbl" xml:lang="en-US" id="id_11465422_2028198_6_1">Operating leases, Future Minimum Lease Payments, Total</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeasesFutureMinimumPaymentsDue" xlink:to="us-gaap_OperatingLeasesFutureMinimumPaymentsDue_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_lbl" xml:lang="en-US" id="id_11465422_2030177_1_1">Operating Leases, Future Minimum Payments Due, Next Twelve Months</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_lbl" xml:lang="en-US" id="id_11465422_2030177_2_1">Operating leases, Future Minimum Lease Payments, 2017</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent" xlink:to="us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_lbl" xml:lang="en-US" id="id_11465422_2028693_1_1">Operating Leases, Future Minimum Payments, Due in Five Years</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_lbl" xml:lang="en-US" id="id_11465422_2028693_2_1">Operating leases, Future Minimum Lease Payments, 2021</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears" xlink:to="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_lbl" xml:lang="en-US" id="id_11465422_2028879_1_1">Operating Leases, Future Minimum Payments, Due in Four Years</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_lbl" xml:lang="en-US" id="id_11465422_2028879_2_1">Operating leases, Future Minimum Lease Payments, 2020</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears" xlink:to="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_lbl" xml:lang="en-US" id="id_11465422_2032535_1_1">Operating Leases, Future Minimum Payments, Due in Three Years</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_lbl" xml:lang="en-US" id="id_11465422_2032535_2_1">Operating leases, Future Minimum Lease Payments, 2019</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears" xlink:to="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_lbl" xml:lang="en-US" id="id_11465422_2034763_1_1">Operating Leases, Future Minimum Payments, Due in Two Years</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_lbl" xml:lang="en-US" id="id_11465422_2034763_2_1">Operating leases, Future Minimum Lease Payments, 2018</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears" xlink:to="us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_lbl" xml:lang="en-US" id="id_11465422_2031666_1_1">Operating Leases, Future Minimum Payments, Due Thereafter</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_lbl" xml:lang="en-US" id="id_11465422_2031666_2_1">Operating leases, Future Minimum Lease Payments, Thereafter</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter" xlink:to="us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsReceivable" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsReceivable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsReceivable_lbl" xml:lang="en-US" id="id_11465422_2041017_1_1">Operating Leases, Future Minimum Payments Receivable</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsReceivable_lbl" xml:lang="en-US" id="id_11465422_2041017_6_1">Operating leases, Future Minimum Lease Receipts, Total</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeasesFutureMinimumPaymentsReceivable" xlink:to="us-gaap_OperatingLeasesFutureMinimumPaymentsReceivable_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableCurrent" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableCurrent"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableCurrent_lbl" xml:lang="en-US" id="id_11465422_2030603_1_1">Operating Leases, Future Minimum Payments Receivable, Current</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableCurrent_lbl" xml:lang="en-US" id="id_11465422_2030603_2_1">Operating leases, Future Minimum Lease Receipts, 2017</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears_lbl" xml:lang="en-US" id="id_11465422_2029307_1_1">Operating Leases, Future Minimum Payments Receivable, in Five Years</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears_lbl" xml:lang="en-US" id="id_11465422_2029307_2_1">Operating leases, Future Minimum Lease Receipts, 2021</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears" xlink:to="us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInFourYears" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInFourYears"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInFourYears_lbl" xml:lang="en-US" id="id_11465422_2032536_1_1">Operating Leases, Future Minimum Payments Receivable, in Four Years</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInFourYears_lbl" xml:lang="en-US" id="id_11465422_2032536_2_1">Operating leases, Future Minimum Lease Receipts, 2020</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInFourYears" xlink:to="us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInFourYears_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears_lbl" xml:lang="en-US" id="id_11465422_2029969_1_1">Operating Leases, Future Minimum Payments Receivable, in Three Years</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears_lbl" xml:lang="en-US" id="id_11465422_2029969_2_1">Operating leases, Future Minimum Lease Receipts, 2019</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears" xlink:to="us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears_lbl" xml:lang="en-US" id="id_11465422_2041018_1_1">Operating Leases, Future Minimum Payments Receivable, in Two Years</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears_lbl" xml:lang="en-US" id="id_11465422_2041018_2_1">Operating leases, Future Minimum Lease Receipts, 2018</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears" xlink:to="us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableThereafter" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableThereafter"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableThereafter_lbl" xml:lang="en-US" id="id_11465422_2033221_1_1">Operating Leases, Future Minimum Payments Receivable, Thereafter</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableThereafter_lbl" xml:lang="en-US" id="id_11465422_2033221_2_1">Operating leases, Future Minimum Lease Receipts, Thereafter</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableThereafter" xlink:to="us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableThereafter_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_OperatingLossCarryforwardsExpirationYearDescription" xlink:label="l_OperatingLossCarryforwardsExpirationYearDescription"/>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingSegmentsMember" xlink:label="us-gaap_OperatingSegmentsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingSegmentsMember_lbl" xml:lang="en-US" id="id_11465422_2033412_1_1">Operating Segments [Member]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherAssetImpairmentCharges_lbl" xml:lang="en-US" id="id_11465422_2032382_1_1">Other Asset Impairment Charges</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_OtherAssetImpairmentCharges_lbl" xml:lang="en-US" id="id_11465422_2032382_2_1">Previous period capitalized costs recorded as charge in present period in other operating expenses</label>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_OtherAssetImpairmentChargesNetOfTaxAndNoncontrollingInterest" xlink:label="l_OtherAssetImpairmentChargesNetOfTaxAndNoncontrollingInterest"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_OtherAssetImpairmentChargesNetOfTaxAndNoncontrollingInterest_lbl" xml:lang="en-US" id="id_11465422_2260168_3_1">Other asset impairment charges net of tax and noncontrolling interest.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_OtherAssetImpairmentChargesNetOfTaxAndNoncontrollingInterest_lbl" xml:lang="en-US" id="id_11465422_2260168_1_1">Other Asset Impairment Charges Net Of Tax And Noncontrolling Interest</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_OtherAssetImpairmentChargesNetOfTaxAndNoncontrollingInterest_lbl" xml:lang="en-US" id="id_11465422_2260168_2_1">Previous period capitalized costs recorded as charge in present period in other operating expenses, net of tax and noncontrolling interest</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherAssets" xlink:label="us-gaap_OtherAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherAssets_lbl" xml:lang="en-US" id="id_11465422_2029068_1_1">Other Assets</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_OtherAssets_lbl" xml:lang="en-US" id="id_11465422_2029068_2_1">Other assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherAssets" xlink:to="us-gaap_OtherAssets_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherAssetsMember" xlink:label="us-gaap_OtherAssetsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherAssetsMember_lbl" xml:lang="en-US" id="id_11465422_2031896_1_1">Other Assets [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_OtherAssetsMember_lbl" xml:lang="en-US" id="id_11465422_2031896_2_1">Other Assets [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherAssetsMember" xlink:to="us-gaap_OtherAssetsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_OtherComprehensiveIncomeEquityMethodInvestment" xlink:label="l_OtherComprehensiveIncomeEquityMethodInvestment"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_OtherComprehensiveIncomeEquityMethodInvestment_lbl" xml:lang="en-US" id="id_11465422_2180540_3_1">Other Comprehensive Income Equity Method Investment</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_OtherComprehensiveIncomeEquityMethodInvestment_lbl" xml:lang="en-US" id="id_11465422_2180540_1_1">Other Comprehensive Income Equity Method Investment</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_OtherComprehensiveIncomeEquityMethodInvestment_lbl" xml:lang="en-US" id="id_11465422_2180540_2_1">Equity in other comprehensive income (loss) of subsidiaries</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_OtherComprehensiveIncomeEquityMethodInvestment" xlink:to="l_OtherComprehensiveIncomeEquityMethodInvestment_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax" xlink:label="us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax_lbl" xml:lang="en-US" id="id_11465422_2030836_1_1">Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax_lbl" xml:lang="en-US" id="id_11465422_2030836_6_1">Total unrealized gains (losses) on available-for-sale investments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax" xlink:to="us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax" xlink:label="us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax_lbl" xml:lang="en-US" id="id_11465422_2028211_1_1">Other Comprehensive Income (Loss), before Reclassifications, Net of Tax</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax_lbl" xml:lang="en-US" id="id_11465422_2028211_2_1">Other comprehensive income (loss) before reclassifications, after tax</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax" xlink:to="us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsTax" xlink:label="us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsTax"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsTax_lbl" xml:lang="en-US" id="id_11465422_2028887_1_1">Other Comprehensive Income (Loss) before Reclassifications, Tax</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsTax_lbl" xml:lang="en-US" id="id_11465422_2028887_14_1">Tax on change in other comprehensive income (loss) before reclassifications</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsTax" xlink:to="us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsTax_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax" xlink:label="us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax_lbl" xml:lang="en-US" id="id_11465422_2031516_1_1">Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax_lbl" xml:lang="en-US" id="id_11465422_2031516_2_1">Unrealized gains (losses) on cash flow hedges</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax" xlink:to="us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax" xlink:label="us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax_lbl" xml:lang="en-US" id="id_11465422_2030613_1_1">Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax_lbl" xml:lang="en-US" id="id_11465422_2030613_2_1">Foreign currency translation</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax" xlink:to="us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTax" xlink:label="us-gaap_OtherComprehensiveIncomeLossNetOfTax"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherComprehensiveIncomeLossNetOfTax_lbl" xml:lang="en-US" id="id_11465422_2032132_1_1">Other Comprehensive Income (Loss), Net of Tax</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_OtherComprehensiveIncomeLossNetOfTax_lbl" xml:lang="en-US" id="id_11465422_2032132_2_1">Other comprehensive income (loss)</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_OtherComprehensiveIncomeLossNetOfTax_lbl" xml:lang="en-US" id="id_11465422_2032132_6_1">Other comprehensive income (loss)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherComprehensiveIncomeLossNetOfTax" xlink:to="us-gaap_OtherComprehensiveIncomeLossNetOfTax_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract" xlink:label="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_lbl" xml:lang="en-US" id="id_11465422_2028212_1_1">Other Comprehensive Income (Loss), Net of Tax [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_lbl" xml:lang="en-US" id="id_11465422_2028212_2_1">Other comprehensive income (loss), after tax Changes in:</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest" xlink:label="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest_lbl" xml:lang="en-US" id="id_11465422_2031043_1_1">Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Noncontrolling Interest</label>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_OtherComprehensiveIncomeUnrealizedGainLossOnDiscontinuedOperationsDuringPeriodNetOfTax" xlink:label="l_OtherComprehensiveIncomeUnrealizedGainLossOnDiscontinuedOperationsDuringPeriodNetOfTax"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_OtherComprehensiveIncomeUnrealizedGainLossOnDiscontinuedOperationsDuringPeriodNetOfTax_lbl" xml:lang="en-US" id="id_11465422_2421253_3_1">Amount after tax, before reclassification adjustments, of unrealized gain (loss) on discontinued operations.</label>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnInvestmentsWithOtherThanTemporaryImpairmentLossesArisingDuringPeriodNetOfTax" xlink:label="l_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnInvestmentsWithOtherThanTemporaryImpairmentLossesArisingDuringPeriodNetOfTax"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnInvestmentsWithOtherThanTemporaryImpairmentLossesArisingDuringPeriodNetOfTax_lbl" xml:lang="en-US" id="id_11465422_2421238_3_1">Other comprehensive income unrealized holding gain loss on investments with other than temporary impairment losses arising during period net of tax.</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnInvestmentsWithOtherThanTemporaryImpairmentLossesArisingDuringPeriodNetOfTax_lbl" xml:lang="en-US" id="id_11465422_2421238_2_1">Net unrealized gains (losses) on investments with other-than-temporary impairments</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax" xlink:label="us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_lbl" xml:lang="en-US" id="id_11465422_2032966_1_1">Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, Net of Tax</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_lbl" xml:lang="en-US" id="id_11465422_2032966_2_1">Net other unrealized gains (losses) on investments</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherCostAndExpenseOperating" xlink:label="us-gaap_OtherCostAndExpenseOperating"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherCostAndExpenseOperating_lbl" xml:lang="en-US" id="id_11465422_2030186_1_1">Other Cost and Expense, Operating</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_OtherCostAndExpenseOperating_lbl" xml:lang="en-US" id="id_11465422_2030186_2_1">Other operating expenses</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherCostAndExpenseOperating" xlink:to="us-gaap_OtherCostAndExpenseOperating_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherEnergyEquipmentMember" xlink:label="us-gaap_OtherEnergyEquipmentMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherEnergyEquipmentMember_lbl" xml:lang="en-US" id="id_11465422_2033999_1_1">Other Energy Equipment [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_OtherEnergyEquipmentMember_lbl" xml:lang="en-US" id="id_11465422_2033999_2_1">Other [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherEnergyEquipmentMember" xlink:to="us-gaap_OtherEnergyEquipmentMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherIncome" xlink:label="us-gaap_OtherIncome"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherIncome_lbl" xml:lang="en-US" id="id_11465422_2030187_1_1">Other Income</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_OtherIncome_lbl" xml:lang="en-US" id="id_11465422_2030187_2_1">Other revenues</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherIncome" xlink:to="us-gaap_OtherIncome_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherIncomeMember" xlink:label="us-gaap_OtherIncomeMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherIncomeMember_lbl" xml:lang="en-US" id="id_11465422_2031259_1_1">Other Income [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_OtherIncomeMember_lbl" xml:lang="en-US" id="id_11465422_2031259_2_1">Other Revenues [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherIncomeMember" xlink:to="us-gaap_OtherIncomeMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_OtherInvestedAssetsMember" xlink:label="l_OtherInvestedAssetsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_OtherInvestedAssetsMember_lbl" xml:lang="en-US" id="id_11465422_2114057_3_1">Other invested assets</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_OtherInvestedAssetsMember_lbl" xml:lang="en-US" id="id_11465422_2114057_1_1">Other Invested Assets [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_OtherInvestedAssetsMember_lbl" xml:lang="en-US" id="id_11465422_2114057_2_1">Other Invested Assets [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_OtherInvestedAssetsMember" xlink:to="l_OtherInvestedAssetsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_OtherInvestedAssetsPrimarilyMortgageLoansFairValueDisclosure" xlink:label="l_OtherInvestedAssetsPrimarilyMortgageLoansFairValueDisclosure"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_OtherInvestedAssetsPrimarilyMortgageLoansFairValueDisclosure_lbl" xml:lang="en-US" id="id_11465422_2173132_3_1">Other Invested Assets, Primarily Mortgage Loans Fair Value Disclosure.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_OtherInvestedAssetsPrimarilyMortgageLoansFairValueDisclosure_lbl" xml:lang="en-US" id="id_11465422_2173132_1_1">Other Invested Assets Primarily Mortgage Loans Fair Value Disclosure</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_OtherInvestedAssetsPrimarilyMortgageLoansFairValueDisclosure_lbl" xml:lang="en-US" id="id_11465422_2173132_2_1">Other invested assets, primarily mortgage loans</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_OtherInvestedAssetsPrimarilyMortgageLoansFairValueDisclosure" xlink:to="l_OtherInvestedAssetsPrimarilyMortgageLoansFairValueDisclosure_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_OtherInvestmentIncomeMember" xlink:label="l_OtherInvestmentIncomeMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_OtherInvestmentIncomeMember_lbl" xml:lang="en-US" id="id_11465422_2073106_3_1">Other Investment Income [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_OtherInvestmentIncomeMember_lbl" xml:lang="en-US" id="id_11465422_2073106_1_1">Other Investment Income [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_OtherInvestmentIncomeMember_lbl" xml:lang="en-US" id="id_11465422_2073106_2_1">Other [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_OtherInvestmentIncomeMember" xlink:to="l_OtherInvestmentIncomeMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherInvestments" xlink:label="us-gaap_OtherInvestments"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherInvestments_lbl" xml:lang="en-US" id="id_11465422_2032385_1_1">Other Investments</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_OtherInvestments_lbl" xml:lang="en-US" id="id_11465422_2032385_2_1">Other invested assets, primarily mortgage loans</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherInvestments" xlink:to="us-gaap_OtherInvestments_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherLiabilities" xlink:label="us-gaap_OtherLiabilities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherLiabilities_lbl" xml:lang="en-US" id="id_11465422_2029082_1_1">Other Liabilities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_OtherLiabilities_lbl" xml:lang="en-US" id="id_11465422_2029082_2_1">Other liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherLiabilities" xlink:to="us-gaap_OtherLiabilities_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_OtherLinesOfBusinessMember" xlink:label="l_OtherLinesOfBusinessMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_OtherLinesOfBusinessMember_lbl" xml:lang="en-US" id="id_11465422_2245246_3_1">Other Lines Of Business [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_OtherLinesOfBusinessMember_lbl" xml:lang="en-US" id="id_11465422_2245246_1_1">Other Lines Of Business [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_OtherLinesOfBusinessMember_lbl" xml:lang="en-US" id="id_11465422_2245246_2_1">Other [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_OtherLinesOfBusinessMember" xlink:to="l_OtherLinesOfBusinessMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherNoncashIncomeExpense" xlink:label="us-gaap_OtherNoncashIncomeExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherNoncashIncomeExpense_lbl" xml:lang="en-US" id="id_11465422_2034415_1_1">Other Noncash Income (Expense)</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_OtherNoncashIncomeExpense_lbl" xml:lang="en-US" id="id_11465422_2034415_14_1">Other non-cash items</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherNoncashIncomeExpense" xlink:to="us-gaap_OtherNoncashIncomeExpense_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherOperatingIncomeExpenseMember" xlink:label="us-gaap_OtherOperatingIncomeExpenseMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherOperatingIncomeExpenseMember_lbl" xml:lang="en-US" id="id_11465422_2029569_1_1">Other Operating Income (Expense) [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_OtherOperatingIncomeExpenseMember_lbl" xml:lang="en-US" id="id_11465422_2029569_2_1">Other Operating Expenses [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherOperatingIncomeExpenseMember" xlink:to="us-gaap_OtherOperatingIncomeExpenseMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember" xlink:label="us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember_lbl" xml:lang="en-US" id="id_11465422_2029989_1_1">Other Postretirement Benefit Plan [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember_lbl" xml:lang="en-US" id="id_11465422_2029989_2_1">Other Postretirement Benefits [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember" xlink:to="us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_OtherProfessionalLiabilityAndManagementLiabilityMember" xlink:label="l_OtherProfessionalLiabilityAndManagementLiabilityMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_OtherProfessionalLiabilityAndManagementLiabilityMember_lbl" xml:lang="en-US" id="id_11465422_2420077_3_1">Other professional liability and management liability.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_OtherProfessionalLiabilityAndManagementLiabilityMember_lbl" xml:lang="en-US" id="id_11465422_2420077_1_1">Other Professional Liability and Management Liability [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_OtherProfessionalLiabilityAndManagementLiabilityMember_lbl" xml:lang="en-US" id="id_11465422_2420077_2_1">Other Professional Liability and Management Liability [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_OtherProfessionalLiabilityAndManagementLiabilityMember" xlink:to="l_OtherProfessionalLiabilityAndManagementLiabilityMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherReceivables" xlink:label="us-gaap_OtherReceivables"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherReceivables_lbl" xml:lang="en-US" id="id_11465422_2034778_1_1">Other Receivables</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_OtherReceivables_lbl" xml:lang="en-US" id="id_11465422_2034778_2_1">Other, primarily customer accounts</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherReceivables" xlink:to="us-gaap_OtherReceivables_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld" xlink:label="us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld_lbl" xml:lang="en-US" id="id_11465422_2034422_1_1">Other than Temporary Impairment, Credit Losses Recognized in Earnings, Credit Losses on Debt Securities Held</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld_lbl" xml:lang="en-US" id="id_11465422_2034422_4_1">Ending balance of credit losses on fixed maturity securities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld_lbl" xml:lang="en-US" id="id_11465422_2034422_5_1">Beginning balance of credit losses on fixed maturity securities</label>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_OwnershipPercentageOfAggregatePartnershipEquity" xlink:label="l_OwnershipPercentageOfAggregatePartnershipEquity"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt_lbl" xml:lang="en-US" id="id_11465422_2030856_1_1">Payments to Acquire Available-for-sale Securities, Debt</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired" xlink:label="us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired"/>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock" xlink:label="us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock"/>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesCurrentAndNoncurrent" xlink:label="us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesCurrentAndNoncurrent"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesCurrentAndNoncurrent_lbl" xml:lang="en-US" id="id_11465422_2034237_1_1">Pension and Other Postretirement Defined Benefit Plans, Liabilities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesCurrentAndNoncurrent_lbl" xml:lang="en-US" id="id_11465422_2034237_14_1">Other liabilities</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PensionAndOtherPostretirementPlansPolicy" xlink:label="us-gaap_PensionAndOtherPostretirementPlansPolicy"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PensionAndOtherPostretirementPlansPolicy_lbl" xml:lang="en-US" id="id_11465422_2032564_1_1">Pension and Other Postretirement Plans, Policy [Policy Text Block]</label>
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PensionAndOtherPostretirementPlansPolicy" xlink:to="us-gaap_PensionAndOtherPostretirementPlansPolicy_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PensionPlansDefinedBenefitMember" xlink:label="us-gaap_PensionPlansDefinedBenefitMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PensionPlansDefinedBenefitMember_lbl" xml:lang="en-US" id="id_11465422_2030639_1_1">Pension Plan [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_PensionPlansDefinedBenefitMember_lbl" xml:lang="en-US" id="id_11465422_2030639_2_1">Pension Benefits [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PensionPlansDefinedBenefitMember" xlink:to="us-gaap_PensionPlansDefinedBenefitMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_PercentageOfAssumedPremiumEarnedToPremiumEarnedNet" xlink:label="l_PercentageOfAssumedPremiumEarnedToPremiumEarnedNet"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_PercentageOfAssumedPremiumEarnedToPremiumEarnedNet_lbl" xml:lang="en-US" id="id_11465422_2094729_3_1">Percentage Of Assumed Premium Earned To Premium Earned Net</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_PercentageOfAssumedPremiumEarnedToPremiumEarnedNet_lbl" xml:lang="en-US" id="id_11465422_2094729_1_1">Percentage Of Assumed Premium Earned To Premium Earned Net</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_PercentageOfAssumedPremiumEarnedToPremiumEarnedNet_lbl" xml:lang="en-US" id="id_11465422_2094729_2_1">Percentage of amount assumed to net</label>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_PercentageOfCarryingValueReportedOnCurrentBasis" xlink:label="l_PercentageOfCarryingValueReportedOnCurrentBasis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_PercentageOfCarryingValueReportedOnCurrentBasis_lbl" xml:lang="en-US" id="id_11465422_2083861_3_1">Percentage of carrying value reported on a current basis</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_PercentageOfCarryingValueReportedOnCurrentBasis_lbl" xml:lang="en-US" id="id_11465422_2083861_1_1">Percentage Of Carrying Value Reported On Current Basis</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_PercentageOfCarryingValueReportedOnCurrentBasis_lbl" xml:lang="en-US" id="id_11465422_2083861_2_1">Percentage of carrying value reported on a current basis</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_PercentageOfCarryingValueReportedOnCurrentBasis" xlink:to="l_PercentageOfCarryingValueReportedOnCurrentBasis_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_PercentageOfCarryingValueReportedOnOneMonthLag" xlink:label="l_PercentageOfCarryingValueReportedOnOneMonthLag"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_PercentageOfCarryingValueReportedOnOneMonthLag_lbl" xml:lang="en-US" id="id_11465422_2276724_3_1">Percentage of carrying value reported on one month lag</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_PercentageOfCarryingValueReportedOnOneMonthLag_lbl" xml:lang="en-US" id="id_11465422_2276724_1_1">Percentage Of Carrying Value Reported On One Month Lag</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_PercentageOfCarryingValueReportedOnOneMonthLag_lbl" xml:lang="en-US" id="id_11465422_2276724_2_1">Percentage of carrying value reported on one month lag</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_PercentageOfCarryingValueReportedOnOneMonthLag" xlink:to="l_PercentageOfCarryingValueReportedOnOneMonthLag_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_PercentageOfCoinsuranceAgreement" xlink:label="l_PercentageOfCoinsuranceAgreement"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_PercentageOfCoinsuranceAgreement_lbl" xml:lang="en-US" id="id_11465422_2125383_3_1">Percentage Of Coinsurance Agreement</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_PercentageOfCoinsuranceAgreement_lbl" xml:lang="en-US" id="id_11465422_2125383_1_1">Percentage Of Coinsurance Agreement</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_PercentageOfCoinsuranceAgreement_lbl" xml:lang="en-US" id="id_11465422_2125383_2_1">Percentage of coinsurance agreement</label>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_PercentageOfInitiallyDepositCollateral" xlink:label="l_PercentageOfInitiallyDepositCollateral"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_PercentageOfInitiallyDepositCollateral_lbl" xml:lang="en-US" id="id_11465422_2245155_3_1">Percentage Of Initially Deposit Collateral</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_PercentageOfInitiallyDepositCollateral_lbl" xml:lang="en-US" id="id_11465422_2245155_1_1">Percentage Of Initially Deposit Collateral</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_PercentageOfInitiallyDepositCollateral_lbl" xml:lang="en-US" id="id_11465422_2245155_2_1">Initial collateral deposit as a percentage of the fair value of the securities loaned</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_PercentageOfInitiallyDepositCollateral" xlink:to="l_PercentageOfInitiallyDepositCollateral_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_PercentageOfLimitedPartnershipsEmployingHedgeFundStrategiesFocusedOnDistressedInvestments" xlink:label="l_PercentageOfLimitedPartnershipsEmployingHedgeFundStrategiesFocusedOnDistressedInvestments"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_PercentageOfLimitedPartnershipsEmployingHedgeFundStrategiesFocusedOnDistressedInvestments_lbl" xml:lang="en-US" id="id_11465422_2233146_3_1">Percentage of limited partnerships employing hedge fund strategies focused on distressed investments</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_PercentageOfLimitedPartnershipsEmployingHedgeFundStrategiesFocusedOnDistressedInvestments_lbl" xml:lang="en-US" id="id_11465422_2233146_1_1">Percentage Of Limited Partnerships Employing Hedge Fund Strategies Focused On Distressed Investments</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_PercentageOfLimitedPartnershipsEmployingHedgeFundStrategiesFocusedOnDistressedInvestments_lbl" xml:lang="en-US" id="id_11465422_2233146_2_1">Percentage of limited partnerships employing hedge fund strategies focused on distressed investments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_PercentageOfLimitedPartnershipsEmployingHedgeFundStrategiesFocusedOnDistressedInvestments" xlink:to="l_PercentageOfLimitedPartnershipsEmployingHedgeFundStrategiesFocusedOnDistressedInvestments_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_PercentageOfLimitedPartnershipsEmployingHedgeFundStrategiesFocusedOnEquityInvestments" xlink:label="l_PercentageOfLimitedPartnershipsEmployingHedgeFundStrategiesFocusedOnEquityInvestments"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_PercentageOfLimitedPartnershipsEmployingHedgeFundStrategiesFocusedOnEquityInvestments_lbl" xml:lang="en-US" id="id_11465422_2116180_3_1">Percentage Of Limited Partnerships Employing Hedge Fund Strategies Focused On Equity Investments</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_PercentageOfLimitedPartnershipsEmployingHedgeFundStrategiesFocusedOnEquityInvestments_lbl" xml:lang="en-US" id="id_11465422_2116180_1_1">Percentage Of Limited Partnerships Employing Hedge Fund Strategies Focused On Equity Investments</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_PercentageOfLimitedPartnershipsEmployingHedgeFundStrategiesFocusedOnEquityInvestments_lbl" xml:lang="en-US" id="id_11465422_2116180_2_1">Percentage of limited partnerships employing hedge fund strategies focused on equity investments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_PercentageOfLimitedPartnershipsEmployingHedgeFundStrategiesFocusedOnEquityInvestments" xlink:to="l_PercentageOfLimitedPartnershipsEmployingHedgeFundStrategiesFocusedOnEquityInvestments_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_PercentageOfLimitedPartnershipsEmployingHedgeFundStrategiesFocusedOnFixedIncomeInvestments" xlink:label="l_PercentageOfLimitedPartnershipsEmployingHedgeFundStrategiesFocusedOnFixedIncomeInvestments"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_PercentageOfLimitedPartnershipsEmployingHedgeFundStrategiesFocusedOnFixedIncomeInvestments_lbl" xml:lang="en-US" id="id_11465422_2283698_3_1">Percentage of limited partnerships employing hedge fund strategies focused on fixed income investments</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_PercentageOfLimitedPartnershipsEmployingHedgeFundStrategiesFocusedOnFixedIncomeInvestments_lbl" xml:lang="en-US" id="id_11465422_2283698_1_1">Percentage Of Limited Partnerships Employing Hedge Fund Strategies Focused On Fixed Income Investments</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_PercentageOfLimitedPartnershipsEmployingHedgeFundStrategiesFocusedOnFixedIncomeInvestments_lbl" xml:lang="en-US" id="id_11465422_2283698_2_1">Percentage of limited partnerships employing hedge fund strategies focused on fixed income investments</label>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_PercentageOfLimitedPartnershipsEmployingHedgeFundStrategiesWithMultiStrategyApproach" xlink:label="l_PercentageOfLimitedPartnershipsEmployingHedgeFundStrategiesWithMultiStrategyApproach"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_PercentageOfLimitedPartnershipsEmployingHedgeFundStrategiesWithMultiStrategyApproach_lbl" xml:lang="en-US" id="id_11465422_2143105_3_1">Percentage of limited partnerships employing hedge fund strategies with a multi-strategy approach</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_PercentageOfLimitedPartnershipsEmployingHedgeFundStrategiesWithMultiStrategyApproach_lbl" xml:lang="en-US" id="id_11465422_2143105_1_1">Percentage Of Limited Partnerships Employing Hedge Fund Strategies With Multi Strategy Approach</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_PercentageOfLimitedPartnershipsEmployingHedgeFundStrategiesWithMultiStrategyApproach_lbl" xml:lang="en-US" id="id_11465422_2143105_2_1">Percentage of limited partnerships employing hedge fund strategies with a multi-strategy approach</label>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_PercentageOfLimitedPartnershipsEmployingInvestmentApproach" xlink:label="l_PercentageOfLimitedPartnershipsEmployingInvestmentApproach"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_PercentageOfLimitedPartnershipsEmployingInvestmentApproach_lbl" xml:lang="en-US" id="id_11465422_2111911_3_1">Percentage Of Limited Partnerships Employing Investment Approach</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_PercentageOfLimitedPartnershipsEmployingInvestmentApproach_lbl" xml:lang="en-US" id="id_11465422_2111911_1_1">Percentage Of Limited Partnerships Employing Investment Approach</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_PercentageOfLimitedPartnershipsEmployingInvestmentApproach_lbl" xml:lang="en-US" id="id_11465422_2111911_2_1">Percentage of hedge fund strategies</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_PercentageOfLimitedPartnershipsEmployingInvestmentApproach" xlink:to="l_PercentageOfLimitedPartnershipsEmployingInvestmentApproach_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_PercentageOfLimitedPartnershipsHeldThatEmployHedgeFundStrategies" xlink:label="l_PercentageOfLimitedPartnershipsHeldThatEmployHedgeFundStrategies"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_PercentageOfLimitedPartnershipsHeldThatEmployHedgeFundStrategies_lbl" xml:lang="en-US" id="id_11465422_2091151_3_1">Percentage Of Limited Partnerships Held That Employ Hedge Fund Strategies</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_PercentageOfLimitedPartnershipsHeldThatEmployHedgeFundStrategies_lbl" xml:lang="en-US" id="id_11465422_2091151_1_1">Percentage Of Limited Partnerships Held That Employ Hedge Fund Strategies</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_PercentageOfLimitedPartnershipsHeldThatEmployHedgeFundStrategies_lbl" xml:lang="en-US" id="id_11465422_2091151_2_1">Percentage of limited partnerships comprising of the carrying value that employ hedge fund strategies</label>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_PercentageOfLimitedPartnershipsInvestedInPrivateDebtAndEquity" xlink:label="l_PercentageOfLimitedPartnershipsInvestedInPrivateDebtAndEquity"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_PercentageOfLimitedPartnershipsInvestedInPrivateDebtAndEquity_lbl" xml:lang="en-US" id="id_11465422_2330829_3_1">Percentage of limited partnerships invested in private debt and equity</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_PercentageOfLimitedPartnershipsInvestedInPrivateDebtAndEquity_lbl" xml:lang="en-US" id="id_11465422_2330829_1_1">Percentage Of Limited Partnerships Invested In Private Debt And Equity</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_PercentageOfLimitedPartnershipsInvestedInPrivateDebtAndEquity_lbl" xml:lang="en-US" id="id_11465422_2330829_2_1">Percentage of limited partnerships comprising of the carrying value that invested in private debt and equity</label>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_PercentageReinsuredOfDirectAndCededEarnedPremiums" xlink:label="l_PercentageReinsuredOfDirectAndCededEarnedPremiums"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_PercentageReinsuredOfDirectAndCededEarnedPremiums_lbl" xml:lang="en-US" id="id_11465422_2175311_3_1">Percentage reinsured of direct and ceded earned premiums.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_PercentageReinsuredOfDirectAndCededEarnedPremiums_lbl" xml:lang="en-US" id="id_11465422_2175311_1_1">Percentage Reinsured Of Direct And Ceded Earned Premiums</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_PercentageReinsuredOfDirectAndCededEarnedPremiums_lbl" xml:lang="en-US" id="id_11465422_2175311_2_1">Percentage reinsured of direct and ceded earned premiums</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_PercentageReinsuredOfDirectAndCededEarnedPremiums" xlink:to="l_PercentageReinsuredOfDirectAndCededEarnedPremiums_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_PercentOfTaxBenefitOfQualifyingPositionOfLargestAmountOfTaxBenefitThresholdRealizedUponSettlement" xlink:label="l_PercentOfTaxBenefitOfQualifyingPositionOfLargestAmountOfTaxBenefitThresholdRealizedUponSettlement"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_PercentOfTaxBenefitOfQualifyingPositionOfLargestAmountOfTaxBenefitThresholdRealizedUponSettlement_lbl" xml:lang="en-US" id="id_11465422_2080341_3_1">Percent Of Tax Benefit Of Qualifying Position Of The Largest Amount Of Tax Benefit Threshold Realized Upon Settlement</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_PercentOfTaxBenefitOfQualifyingPositionOfLargestAmountOfTaxBenefitThresholdRealizedUponSettlement_lbl" xml:lang="en-US" id="id_11465422_2080341_1_1">Percent Of Tax Benefit Of Qualifying Position Of Largest Amount Of Tax Benefit Threshold Realized Upon Settlement</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_PercentOfTaxBenefitOfQualifyingPositionOfLargestAmountOfTaxBenefitThresholdRealizedUponSettlement_lbl" xml:lang="en-US" id="id_11465422_2080341_2_1">Tax benefit of a qualifying position is the largest amount of tax benefit threshold</label>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_PerformanceBasedRestrictedStockUnitsMember" xlink:label="l_PerformanceBasedRestrictedStockUnitsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_PerformanceBasedRestrictedStockUnitsMember_lbl" xml:lang="en-US" id="id_11465422_2371022_3_1">Performance based restricted stock units.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_PerformanceBasedRestrictedStockUnitsMember_lbl" xml:lang="en-US" id="id_11465422_2371022_1_1">Performance Based Restricted Stock Units [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_PerformanceBasedRestrictedStockUnitsMember_lbl" xml:lang="en-US" id="id_11465422_2371022_2_1">Performance-based Restricted Stock Units (PSUs) [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_PerformanceBasedRestrictedStockUnitsMember" xlink:to="l_PerformanceBasedRestrictedStockUnitsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_PeriodExtendedForExistingCreditFacility" xlink:label="l_PeriodExtendedForExistingCreditFacility"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_PeriodExtendedForExistingCreditFacility_lbl" xml:lang="en-US" id="id_11465422_2420114_3_1">Period extended for existing credit facility.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_PeriodExtendedForExistingCreditFacility_lbl" xml:lang="en-US" id="id_11465422_2420114_1_1">Period Extended For Existing Credit Facility</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_PeriodExtendedForExistingCreditFacility_lbl" xml:lang="en-US" id="id_11465422_2420114_2_1">Period extended for existing credit facility</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_PeriodExtendedForExistingCreditFacility" xlink:to="l_PeriodExtendedForExistingCreditFacility_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PipelinesMember" xlink:label="us-gaap_PipelinesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PipelinesMember_lbl" xml:lang="en-US" id="id_11465422_2029596_1_1">Pipelines [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_PipelinesMember_lbl" xml:lang="en-US" id="id_11465422_2029596_2_1">Pipeline Equipment [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PipelinesMember" xlink:to="us-gaap_PipelinesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PlanAssetCategoriesDomain" xlink:label="us-gaap_PlanAssetCategoriesDomain"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PlanAssetCategoriesDomain_lbl" xml:lang="en-US" id="id_11465422_2030002_1_1">Plan Asset Categories [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_PlanAssetCategoriesDomain_lbl" xml:lang="en-US" id="id_11465422_2030002_2_1">Plan Asset Categories [Domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PlanAssetCategoriesDomain" xlink:to="us-gaap_PlanAssetCategoriesDomain_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PlanNameAxis" xlink:label="us-gaap_PlanNameAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PlanNameAxis_lbl" xml:lang="en-US" id="id_11465422_2029102_1_1">Plan Name [Axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_PlanNameAxis_lbl" xml:lang="en-US" id="id_11465422_2029102_2_1">Plan Name [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PlanNameAxis" xlink:to="us-gaap_PlanNameAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PlanNameDomain" xlink:label="us-gaap_PlanNameDomain"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PlanNameDomain_lbl" xml:lang="en-US" id="id_11465422_2039004_1_1">Plan Name [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_PlanNameDomain_lbl" xml:lang="en-US" id="id_11465422_2039004_2_1">Plan Name [Domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PlanNameDomain" xlink:to="us-gaap_PlanNameDomain_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" xlink:label="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_lbl" xml:lang="en-US" id="id_11465422_2032158_1_1">Policyholder Benefits and Claims Incurred, Net</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_lbl" xml:lang="en-US" id="id_11465422_2032158_2_1">Insurance claims and policyholders' benefits</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" xlink:to="us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PortionAtFairValueFairValueDisclosureMember" xlink:label="us-gaap_PortionAtFairValueFairValueDisclosureMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PortionAtFairValueFairValueDisclosureMember_lbl" xml:lang="en-US" id="id_11465422_2039230_1_1">Portion at Fair Value Measurement [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_PortionAtFairValueFairValueDisclosureMember_lbl" xml:lang="en-US" id="id_11465422_2039230_2_1">Portion at Fair Value Measurement [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PortionAtFairValueFairValueDisclosureMember" xlink:to="us-gaap_PortionAtFairValueFairValueDisclosureMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PositionAxis" xlink:label="us-gaap_PositionAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PositionAxis_lbl" xml:lang="en-US" id="id_11465422_2039231_1_1">Position [Axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_PositionAxis_lbl" xml:lang="en-US" id="id_11465422_2039231_2_1">Position [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PositionAxis" xlink:to="us-gaap_PositionAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PositionDomain" xlink:label="us-gaap_PositionDomain"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PositionDomain_lbl" xml:lang="en-US" id="id_11465422_2028464_1_1">Position [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_PositionDomain_lbl" xml:lang="en-US" id="id_11465422_2028464_2_1">Position [Domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PositionDomain" xlink:to="us-gaap_PositionDomain_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PostemploymentBenefitsAbstract" xlink:label="us-gaap_PostemploymentBenefitsAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PostemploymentBenefitsAbstract_lbl" xml:lang="en-US" id="id_11465422_2033447_1_1">Postemployment Benefits [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_PostemploymentBenefitsAbstract_lbl" xml:lang="en-US" id="id_11465422_2033447_2_1">Postemployment Benefits [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PostemploymentBenefitsAbstract" xlink:to="us-gaap_PostemploymentBenefitsAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_PostretirementHealthcareAndLifeInsuranceBenefitPlansMember" xlink:label="l_PostretirementHealthcareAndLifeInsuranceBenefitPlansMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_PostretirementHealthcareAndLifeInsuranceBenefitPlansMember_lbl" xml:lang="en-US" id="id_11465422_2296166_3_1">Postretirement Healthcare And Life Insurance Benefit Plans [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_PostretirementHealthcareAndLifeInsuranceBenefitPlansMember_lbl" xml:lang="en-US" id="id_11465422_2296166_1_1">Postretirement Healthcare And Life Insurance Benefit Plans [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_PostretirementHealthcareAndLifeInsuranceBenefitPlansMember_lbl" xml:lang="en-US" id="id_11465422_2296166_2_1">Postretirement Healthcare and Life Insurance Benefit Plans [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_PostretirementHealthcareAndLifeInsuranceBenefitPlansMember" xlink:to="l_PostretirementHealthcareAndLifeInsuranceBenefitPlansMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_PostretirementMedicalBenefitsAgeForEligibility" xlink:label="l_PostretirementMedicalBenefitsAgeForEligibility"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_PostretirementMedicalBenefitsAgeForEligibility_lbl" xml:lang="en-US" id="id_11465422_2161341_3_1">Postretirement Medical Benefits Age For Eligibility</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_PostretirementMedicalBenefitsAgeForEligibility_lbl" xml:lang="en-US" id="id_11465422_2161341_1_1">Postretirement Medical Benefits Age For Eligibility</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_PostretirementMedicalBenefitsAgeForEligibility_lbl" xml:lang="en-US" id="id_11465422_2161341_2_1">Eligible age for Medicare benefits</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_PostretirementMedicalBenefitsAgeForEligibility" xlink:to="l_PostretirementMedicalBenefitsAgeForEligibility_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockMember" xlink:label="us-gaap_PreferredStockMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PreferredStockMember_lbl" xml:lang="en-US" id="id_11465422_2029109_1_1">Preferred Stock [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_PreferredStockMember_lbl" xml:lang="en-US" id="id_11465422_2029109_2_1">Preferred Stock [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockMember" xlink:to="us-gaap_PreferredStockMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockParOrStatedValuePerShare" xlink:label="us-gaap_PreferredStockParOrStatedValuePerShare"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PreferredStockParOrStatedValuePerShare_lbl" xml:lang="en-US" id="id_11465422_2028253_1_1">Preferred Stock, Par or Stated Value Per Share</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_PreferredStockParOrStatedValuePerShare_lbl" xml:lang="en-US" id="id_11465422_2028253_2_1">Preferred stock, par value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockParOrStatedValuePerShare" xlink:to="us-gaap_PreferredStockParOrStatedValuePerShare_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockSharesAuthorized" xlink:label="us-gaap_PreferredStockSharesAuthorized"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PreferredStockSharesAuthorized_lbl" xml:lang="en-US" id="id_11465422_2028472_1_1">Preferred Stock, Shares Authorized</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_PreferredStockSharesAuthorized_lbl" xml:lang="en-US" id="id_11465422_2028472_2_1">Preferred stock, shares authorized</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockSharesAuthorized" xlink:to="us-gaap_PreferredStockSharesAuthorized_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockValue" xlink:label="us-gaap_PreferredStockValue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PreferredStockValue_lbl" xml:lang="en-US" id="id_11465422_2034043_1_1">Preferred Stock, Value, Issued</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_PreferredStockValue_lbl" xml:lang="en-US" id="id_11465422_2034043_2_1">Preferred stock, $0.10 par value: Authorized - 100,000,000 shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockValue" xlink:to="us-gaap_PreferredStockValue_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsAndOtherReceivablesNet" xlink:label="us-gaap_PremiumsAndOtherReceivablesNet"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PremiumsAndOtherReceivablesNet_lbl" xml:lang="en-US" id="id_11465422_2029354_1_1">Premiums and Other Receivables, Net</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_PremiumsAndOtherReceivablesNet_lbl" xml:lang="en-US" id="id_11465422_2029354_2_1">Receivables</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_PremiumsAndOtherReceivablesNet_lbl" xml:lang="en-US" id="id_11465422_2029354_6_1">Receivables</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PremiumsAndOtherReceivablesNet" xlink:to="us-gaap_PremiumsAndOtherReceivablesNet_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsEarnedNet" xlink:label="us-gaap_PremiumsEarnedNet"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PremiumsEarnedNet_lbl" xml:lang="en-US" id="id_11465422_2031934_1_1">Premiums Earned, Net</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_PremiumsEarnedNet_lbl" xml:lang="en-US" id="id_11465422_2031934_2_1">Earned premiums, Net</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_PremiumsEarnedNet_lbl" xml:lang="en-US" id="id_11465422_2031934_12_1">Insurance premiums</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PremiumsEarnedNet" xlink:to="us-gaap_PremiumsEarnedNet_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsReceivableGross" xlink:label="us-gaap_PremiumsReceivableGross"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PremiumsReceivableGross_lbl" xml:lang="en-US" id="id_11465422_2029803_1_1">Premiums Receivable, Gross</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_PremiumsReceivableGross_lbl" xml:lang="en-US" id="id_11465422_2029803_2_1">Insurance</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PremiumsReceivableGross" xlink:to="us-gaap_PremiumsReceivableGross_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PresentValueOfFutureMinimumLeasePaymentsSaleLeasebackTransactions" xlink:label="us-gaap_PresentValueOfFutureMinimumLeasePaymentsSaleLeasebackTransactions"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PresentValueOfFutureMinimumLeasePaymentsSaleLeasebackTransactions_lbl" xml:lang="en-US" id="id_11465422_2035009_1_1">Present Value of Future Minimum Lease Payments, Sale Leaseback Transactions</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_PresentValueOfFutureMinimumLeasePaymentsSaleLeasebackTransactions_lbl" xml:lang="en-US" id="id_11465422_2035009_2_1">Aggregate amount of future commitments under the operating leases and contractual services agreements</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PresentValueOfFutureMinimumLeasePaymentsSaleLeasebackTransactions" xlink:to="us-gaap_PresentValueOfFutureMinimumLeasePaymentsSaleLeasebackTransactions_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_PretaxFavorableUnfavorableNetPriorYearClaimAndAllocatedClaimAdjustmentExpenseReserveDevelopmentExcludingLifeGroup" xlink:label="l_PretaxFavorableUnfavorableNetPriorYearClaimAndAllocatedClaimAdjustmentExpenseReserveDevelopmentExcludingLifeGroup"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_PretaxFavorableUnfavorableNetPriorYearClaimAndAllocatedClaimAdjustmentExpenseReserveDevelopmentExcludingLifeGroup_lbl" xml:lang="en-US" id="id_11465422_2213202_3_1">Pretax favorable unfavorable net prior year claim and allocated claim adjustment expense reserve development excluding life group.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_PretaxFavorableUnfavorableNetPriorYearClaimAndAllocatedClaimAdjustmentExpenseReserveDevelopmentExcludingLifeGroup_lbl" xml:lang="en-US" id="id_11465422_2213202_1_1">Pretax Favorable Unfavorable Net Prior Year Claim And Allocated Claim Adjustment Expense Reserve Development Excluding Life Group</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="l_PretaxFavorableUnfavorableNetPriorYearClaimAndAllocatedClaimAdjustmentExpenseReserveDevelopmentExcludingLifeGroup_lbl" xml:lang="en-US" id="id_11465422_2213202_6_1">Total pretax (favorable) unfavorable development</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_PretaxFavorableUnfavorableNetPriorYearClaimAndAllocatedClaimAdjustmentExpenseReserveDevelopmentExcludingLifeGroup" xlink:to="l_PretaxFavorableUnfavorableNetPriorYearClaimAndAllocatedClaimAdjustmentExpenseReserveDevelopmentExcludingLifeGroup_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_PretaxImpactOfUnrecognizedDeferredRetroactiveInsuranceBenefit" xlink:label="l_PretaxImpactOfUnrecognizedDeferredRetroactiveInsuranceBenefit"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_PretaxImpactOfUnrecognizedDeferredRetroactiveInsuranceBenefit_lbl" xml:lang="en-US" id="id_11465422_2291796_3_1">Pretax impact of unrecognized deferred retroactive insurance benefit.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_PretaxImpactOfUnrecognizedDeferredRetroactiveInsuranceBenefit_lbl" xml:lang="en-US" id="id_11465422_2291796_1_1">Pretax Impact Of Unrecognized Deferred Retroactive Insurance Benefit</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="l_PretaxImpactOfUnrecognizedDeferredRetroactiveInsuranceBenefit_lbl" xml:lang="en-US" id="id_11465422_2291796_6_1">Pretax impact of A&amp;EP reserve development and the LPT</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_PretaxImpactOfUnrecognizedDeferredRetroactiveInsuranceBenefit" xlink:to="l_PretaxImpactOfUnrecognizedDeferredRetroactiveInsuranceBenefit_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_PriorYearClaimsAndClaimsAdjustmentExpenses" xlink:label="l_PriorYearClaimsAndClaimsAdjustmentExpenses"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_PriorYearClaimsAndClaimsAdjustmentExpenses_lbl" xml:lang="en-US" id="id_11465422_2128589_3_1">Prior year claims and claims adjustment expenses.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_PriorYearClaimsAndClaimsAdjustmentExpenses_lbl" xml:lang="en-US" id="id_11465422_2128589_1_1">Prior Year Claims And Claims Adjustment Expenses</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_PriorYearClaimsAndClaimsAdjustmentExpenses_lbl" xml:lang="en-US" id="id_11465422_2128589_2_1">Decrease in provision for insured events of prior years</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_PriorYearClaimsAndClaimsAdjustmentExpenses" xlink:to="l_PriorYearClaimsAndClaimsAdjustmentExpenses_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromIssuanceOfCommonStock" xlink:label="us-gaap_ProceedsFromIssuanceOfCommonStock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromIssuanceOfCommonStock_lbl" xml:lang="en-US" id="id_11465422_2035013_1_1">Proceeds from Issuance of Common Stock</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ProceedsFromIssuanceOfCommonStock_lbl" xml:lang="en-US" id="id_11465422_2035013_2_1">Issuance of common stock</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_ProceedsFromIssuanceOfCommonStock_lbl" xml:lang="en-US" id="id_11465422_2035013_12_1">Issuance of Loews common stock</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromIssuanceOfCommonStock" xlink:to="us-gaap_ProceedsFromIssuanceOfCommonStock_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromIssuanceOfDebt" xlink:label="us-gaap_ProceedsFromIssuanceOfDebt"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromIssuanceOfDebt_lbl" xml:lang="en-US" id="id_11465422_2031302_1_1">Proceeds from Issuance of Debt</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ProceedsFromIssuanceOfDebt_lbl" xml:lang="en-US" id="id_11465422_2031302_2_1">Issuance of debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromIssuanceOfDebt" xlink:to="us-gaap_ProceedsFromIssuanceOfDebt_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromLimitedPartnershipInvestments" xlink:label="us-gaap_ProceedsFromLimitedPartnershipInvestments"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromLimitedPartnershipInvestments_lbl" xml:lang="en-US" id="id_11465422_2032600_1_1">Proceeds from Limited Partnership Investments</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ProceedsFromLimitedPartnershipInvestments_lbl" xml:lang="en-US" id="id_11465422_2032600_2_1">Proceeds from sales of limited partnership investments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromLimitedPartnershipInvestments" xlink:to="us-gaap_ProceedsFromLimitedPartnershipInvestments_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities" xlink:label="us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities_lbl" xml:lang="en-US" id="id_11465422_2037846_1_1">Proceeds from Maturities, Prepayments and Calls of Available-for-sale Securities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities_lbl" xml:lang="en-US" id="id_11465422_2037846_2_1">Proceeds from maturities of fixed maturities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities" xlink:to="us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromPaymentsForOtherFinancingActivities" xlink:label="us-gaap_ProceedsFromPaymentsForOtherFinancingActivities"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromPaymentsForOtherFinancingActivities_lbl" xml:lang="en-US" id="id_11465422_2039463_1_1">Proceeds from (Payments for) Other Financing Activities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ProceedsFromPaymentsForOtherFinancingActivities_lbl" xml:lang="en-US" id="id_11465422_2039463_2_1">Other</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_ProceedsFromPaymentsForOtherFinancingActivities_lbl" xml:lang="en-US" id="id_11465422_2039463_12_1">Other, net</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromPaymentsForOtherFinancingActivities" xlink:to="us-gaap_ProceedsFromPaymentsForOtherFinancingActivities_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromSaleOfAvailableForSaleSecuritiesDebt" xlink:label="us-gaap_ProceedsFromSaleOfAvailableForSaleSecuritiesDebt"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromSaleOfAvailableForSaleSecuritiesDebt_lbl" xml:lang="en-US" id="id_11465422_2028742_1_1">Proceeds from Sale of Available-for-sale Securities, Debt</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ProceedsFromSaleOfAvailableForSaleSecuritiesDebt_lbl" xml:lang="en-US" id="id_11465422_2028742_2_1">Proceeds from sales of fixed maturities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromSaleOfAvailableForSaleSecuritiesDebt" xlink:to="us-gaap_ProceedsFromSaleOfAvailableForSaleSecuritiesDebt_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromSaleOfProductiveAssets" xlink:label="us-gaap_ProceedsFromSaleOfProductiveAssets"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromSaleOfProductiveAssets_lbl" xml:lang="en-US" id="id_11465422_2031308_1_1">Proceeds from Sale of Productive Assets</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ProceedsFromSaleOfProductiveAssets_lbl" xml:lang="en-US" id="id_11465422_2031308_2_1">Dispositions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromSaleOfProductiveAssets" xlink:to="us-gaap_ProceedsFromSaleOfProductiveAssets_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment" xlink:label="us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_lbl" xml:lang="en-US" id="id_11465422_2035020_1_1">Proceeds from Sale of Property, Plant, and Equipment</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_lbl" xml:lang="en-US" id="id_11465422_2035020_2_1">Proceed from sale and leaseback transactions</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment" xlink:to="us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_ProceedsFromSaleOfSubsidiaryStock" xlink:label="l_ProceedsFromSaleOfSubsidiaryStock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_ProceedsFromSaleOfSubsidiaryStock_lbl" xml:lang="en-US" id="id_11465422_2109722_3_1">Proceeds from sale of subsidiary stock.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_ProceedsFromSaleOfSubsidiaryStock_lbl" xml:lang="en-US" id="id_11465422_2109722_1_1">Proceeds From Sale Of Subsidiary Stock</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_ProceedsFromSaleOfSubsidiaryStock_lbl" xml:lang="en-US" id="id_11465422_2109722_2_1">Proceeds from sale of subsidiary stock</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_ProceedsFromSaleOfSubsidiaryStock" xlink:to="l_ProceedsFromSaleOfSubsidiaryStock_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProductOrServiceAxis" xlink:label="us-gaap_ProductOrServiceAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProductOrServiceAxis_lbl" xml:lang="en-US" id="id_11465422_2035021_1_1">Products and Services [Axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ProductOrServiceAxis_lbl" xml:lang="en-US" id="id_11465422_2035021_2_1">Products and Services [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProductOrServiceAxis" xlink:to="us-gaap_ProductOrServiceAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProductsAndServicesDomain" xlink:label="us-gaap_ProductsAndServicesDomain"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProductsAndServicesDomain_lbl" xml:lang="en-US" id="id_11465422_2034475_1_1">Products and Services [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ProductsAndServicesDomain_lbl" xml:lang="en-US" id="id_11465422_2034475_2_1">Products and Services [Domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProductsAndServicesDomain" xlink:to="us-gaap_ProductsAndServicesDomain_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProfitLoss" xlink:label="us-gaap_ProfitLoss"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProfitLoss_lbl" xml:lang="en-US" id="id_11465422_2039475_1_1">Net Income (Loss), Including Portion Attributable to Noncontrolling Interest</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ProfitLoss_lbl" xml:lang="en-US" id="id_11465422_2039475_2_1">Net income</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_ProfitLoss_lbl" xml:lang="en-US" id="id_11465422_2039475_6_1">Net income</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProfitLoss" xlink:to="us-gaap_ProfitLoss_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyLiabilityAndCasualtyInsuranceSegmentMember" xlink:label="us-gaap_PropertyLiabilityAndCasualtyInsuranceSegmentMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyLiabilityAndCasualtyInsuranceSegmentMember_lbl" xml:lang="en-US" id="id_11465422_2029816_1_1">Property, Liability and Casualty Insurance Product Line [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_PropertyLiabilityAndCasualtyInsuranceSegmentMember_lbl" xml:lang="en-US" id="id_11465422_2029816_2_1">Property and Casualty Operations [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyLiabilityAndCasualtyInsuranceSegmentMember" xlink:to="us-gaap_PropertyLiabilityAndCasualtyInsuranceSegmentMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentAbstract" xlink:label="us-gaap_PropertyPlantAndEquipmentAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentAbstract_lbl" xml:lang="en-US" id="id_11465422_2040239_1_1">Property, Plant and Equipment [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_PropertyPlantAndEquipmentAbstract_lbl" xml:lang="en-US" id="id_11465422_2040239_2_1">Property, Plant and Equipment [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentAbstract" xlink:to="us-gaap_PropertyPlantAndEquipmentAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentAdditions" xlink:label="us-gaap_PropertyPlantAndEquipmentAdditions"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentAdditions_lbl" xml:lang="en-US" id="id_11465422_2031107_1_1">Property, Plant and Equipment, Additions</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_PropertyPlantAndEquipmentAdditions_lbl" xml:lang="en-US" id="id_11465422_2031107_2_1">Capital Expend.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentAdditions" xlink:to="us-gaap_PropertyPlantAndEquipmentAdditions_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentByTypeAxis" xlink:label="us-gaap_PropertyPlantAndEquipmentByTypeAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentByTypeAxis_lbl" xml:lang="en-US" id="id_11465422_2030037_1_1">Property, Plant and Equipment, Type [Axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_PropertyPlantAndEquipmentByTypeAxis_lbl" xml:lang="en-US" id="id_11465422_2030037_2_1">Property, Plant and Equipment, Type [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentByTypeAxis" xlink:to="us-gaap_PropertyPlantAndEquipmentByTypeAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock" xlink:label="us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock_lbl" xml:lang="en-US" id="id_11465422_2029375_1_1">Property, Plant and Equipment Disclosure [Text Block]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentLineItems_lbl" xml:lang="en-US" id="id_11465422_2035053_1_1">Property, Plant and Equipment [Line Items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_PropertyPlantAndEquipmentLineItems_lbl" xml:lang="en-US" id="id_11465422_2035053_2_1">Property, Plant and Equipment [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentLineItems" xlink:to="us-gaap_PropertyPlantAndEquipmentLineItems_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="us-gaap_PropertyPlantAndEquipmentNet"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentNet_lbl" xml:lang="en-US" id="id_11465422_2035024_1_1">Property, Plant and Equipment, Net</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_PropertyPlantAndEquipmentNet_lbl" xml:lang="en-US" id="id_11465422_2035024_2_1">Net book value of equipment</label>
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentNet" xlink:to="us-gaap_PropertyPlantAndEquipmentNet_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentPolicyTextBlock" xlink:label="us-gaap_PropertyPlantAndEquipmentPolicyTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_lbl" xml:lang="en-US" id="id_11465422_2036191_1_1">Property, Plant and Equipment, Policy [Policy Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_lbl" xml:lang="en-US" id="id_11465422_2036191_2_1">Property, plant and equipment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentPolicyTextBlock" xlink:to="us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentTextBlock" xlink:label="us-gaap_PropertyPlantAndEquipmentTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentTextBlock_lbl" xml:lang="en-US" id="id_11465422_2030893_1_1">Property, Plant and Equipment [Table Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_PropertyPlantAndEquipmentTextBlock_lbl" xml:lang="en-US" id="id_11465422_2030893_2_1">Components of Property, Plant and Equipment</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentTextBlock" xlink:to="us-gaap_PropertyPlantAndEquipmentTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentTypeDomain" xlink:label="us-gaap_PropertyPlantAndEquipmentTypeDomain"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentTypeDomain_lbl" xml:lang="en-US" id="id_11465422_2029377_1_1">Property, Plant and Equipment, Type [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_PropertyPlantAndEquipmentTypeDomain_lbl" xml:lang="en-US" id="id_11465422_2029377_2_1">Property, Plant and Equipment, Type [Domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentTypeDomain" xlink:to="us-gaap_PropertyPlantAndEquipmentTypeDomain_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentUsefulLife" xlink:label="us-gaap_PropertyPlantAndEquipmentUsefulLife"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentUsefulLife_lbl" xml:lang="en-US" id="id_11465422_2028944_1_1">Property, Plant and Equipment, Useful Life</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_PropertyPlantAndEquipmentUsefulLife_lbl" xml:lang="en-US" id="id_11465422_2028944_2_1">Principal service life</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentUsefulLife" xlink:to="us-gaap_PropertyPlantAndEquipmentUsefulLife_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_QuarterlyFinancialDataAbstract" xlink:label="us-gaap_QuarterlyFinancialDataAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_QuarterlyFinancialDataAbstract_lbl" xml:lang="en-US" id="id_11465422_2039270_1_1">Quarterly Financial Data [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_QuarterlyFinancialDataAbstract_lbl" xml:lang="en-US" id="id_11465422_2039270_2_1">Quarterly Financial Data [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_QuarterlyFinancialDataAbstract" xlink:to="us-gaap_QuarterlyFinancialDataAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_QuarterlyFinancialDataLineItems" xlink:label="l_QuarterlyFinancialDataLineItems"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_QuarterlyFinancialDataLineItems_lbl" xml:lang="en-US" id="id_11465422_2139708_3_1">Quarterly Financial Data [Line Items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_QuarterlyFinancialDataLineItems_lbl" xml:lang="en-US" id="id_11465422_2139708_1_1">Quarterly Financial Data [Line Items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_QuarterlyFinancialDataLineItems_lbl" xml:lang="en-US" id="id_11465422_2139708_2_1">Quarterly Financial Data [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_QuarterlyFinancialDataLineItems" xlink:to="l_QuarterlyFinancialDataLineItems_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_QuarterlyFinancialDataTable" xlink:label="l_QuarterlyFinancialDataTable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_QuarterlyFinancialDataTable_lbl" xml:lang="en-US" id="id_11465422_2196595_3_1">Quarterly Financial Data [Table]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_QuarterlyFinancialDataTable_lbl" xml:lang="en-US" id="id_11465422_2196595_1_1">Quarterly Financial Data [Table]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_QuarterlyFinancialDataTable_lbl" xml:lang="en-US" id="id_11465422_2196595_2_1">Quarterly Financial Data [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_QuarterlyFinancialDataTable" xlink:to="l_QuarterlyFinancialDataTable_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_QuarterlyFinancialInformationDisclosureAbstract" xlink:label="us-gaap_QuarterlyFinancialInformationDisclosureAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_QuarterlyFinancialInformationDisclosureAbstract_lbl" xml:lang="en-US" id="id_11465422_2028273_1_1">Quarterly Financial Information Disclosure [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_QuarterlyFinancialInformationDisclosureAbstract_lbl" xml:lang="en-US" id="id_11465422_2028273_2_1">Quarterly Financial Information Disclosure [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_QuarterlyFinancialInformationDisclosureAbstract" xlink:to="us-gaap_QuarterlyFinancialInformationDisclosureAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_QuarterlyFinancialInformationTextBlock" xlink:label="us-gaap_QuarterlyFinancialInformationTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_QuarterlyFinancialInformationTextBlock_lbl" xml:lang="en-US" id="id_11465422_2039050_1_1">Quarterly Financial Information [Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_QuarterlyFinancialInformationTextBlock_lbl" xml:lang="en-US" id="id_11465422_2039050_2_1">Quarterly Financial Data (Unaudited)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_QuarterlyFinancialInformationTextBlock" xlink:to="us-gaap_QuarterlyFinancialInformationTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeAxis" xlink:label="us-gaap_RangeAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RangeAxis_lbl" xml:lang="en-US" id="id_11465422_2028497_1_1">Range [Axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_RangeAxis_lbl" xml:lang="en-US" id="id_11465422_2028497_2_1">Range [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RangeAxis" xlink:to="us-gaap_RangeAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="us-gaap_RangeMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RangeMember_lbl" xml:lang="en-US" id="id_11465422_2030442_1_1">Range [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_RangeMember_lbl" xml:lang="en-US" id="id_11465422_2030442_2_1">Range [Domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RangeMember" xlink:to="us-gaap_RangeMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReceivablesAbstract" xlink:label="us-gaap_ReceivablesAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ReceivablesAbstract_lbl" xml:lang="en-US" id="id_11465422_2038046_1_1">Receivables [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ReceivablesAbstract_lbl" xml:lang="en-US" id="id_11465422_2038046_2_1">Receivables [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ReceivablesAbstract" xlink:to="us-gaap_ReceivablesAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReceivablesFromBrokersDealersAndClearingOrganizations" xlink:label="us-gaap_ReceivablesFromBrokersDealersAndClearingOrganizations"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ReceivablesFromBrokersDealersAndClearingOrganizations_lbl" xml:lang="en-US" id="id_11465422_2038047_1_1">Receivables from Brokers-Dealers and Clearing Organizations</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ReceivablesFromBrokersDealersAndClearingOrganizations_lbl" xml:lang="en-US" id="id_11465422_2038047_2_1">Receivable from brokers</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ReceivablesFromBrokersDealersAndClearingOrganizations" xlink:to="us-gaap_ReceivablesFromBrokersDealersAndClearingOrganizations_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_ReceivablesMember" xlink:label="l_ReceivablesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_ReceivablesMember_lbl" xml:lang="en-US" id="id_11465422_2315536_3_1">Receivables [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_ReceivablesMember_lbl" xml:lang="en-US" id="id_11465422_2315536_1_1">Receivables [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_ReceivablesMember_lbl" xml:lang="en-US" id="id_11465422_2315536_2_1">Receivables [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_ReceivablesMember" xlink:to="l_ReceivablesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax" xlink:label="us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax_lbl" xml:lang="en-US" id="id_11465422_2037462_1_1">Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax_lbl" xml:lang="en-US" id="id_11465422_2037462_14_1">Reclassification of (gains) losses from accumulated other comprehensive income, after tax</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax" xlink:to="us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReclassificationFromAociCurrentPeriodTax" xlink:label="us-gaap_ReclassificationFromAociCurrentPeriodTax"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ReclassificationFromAociCurrentPeriodTax_lbl" xml:lang="en-US" id="id_11465422_2029138_1_1">Reclassification from AOCI, Current Period, Tax</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_ReclassificationFromAociCurrentPeriodTax_lbl" xml:lang="en-US" id="id_11465422_2029138_14_1">Tax on reclassification from accumulated other comprehensive income</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ReclassificationFromAociCurrentPeriodTax" xlink:to="us-gaap_ReclassificationFromAociCurrentPeriodTax_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RedeemablePreferredStockMember" xlink:label="us-gaap_RedeemablePreferredStockMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RedeemablePreferredStockMember_lbl" xml:lang="en-US" id="id_11465422_2036395_1_1">Redeemable Preferred Stock [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_RedeemablePreferredStockMember_lbl" xml:lang="en-US" id="id_11465422_2036395_2_1">Redeemable Preferred Stock [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RedeemablePreferredStockMember" xlink:to="us-gaap_RedeemablePreferredStockMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_ReductionInIncomeTaxExpense" xlink:label="l_ReductionInIncomeTaxExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_ReductionInIncomeTaxExpense_lbl" xml:lang="en-US" id="id_11465422_2193564_3_1">Reduction In Income Tax Expense</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_ReductionInIncomeTaxExpense_lbl" xml:lang="en-US" id="id_11465422_2193564_1_1">Reduction In Income Tax Expense</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_ReductionInIncomeTaxExpense_lbl" xml:lang="en-US" id="id_11465422_2193564_2_1">Reduction to income tax expense</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_ReductionInIncomeTaxExpense" xlink:to="l_ReductionInIncomeTaxExpense_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_ReductionOfNetReservesDueToSaleOfSubsidiaries" xlink:label="l_ReductionOfNetReservesDueToSaleOfSubsidiaries"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_ReductionOfNetReservesDueToSaleOfSubsidiaries_lbl" xml:lang="en-US" id="id_11465422_2093784_3_1">Reduction of Net Reserves Due To Sale of Subsidiaries</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_ReductionOfNetReservesDueToSaleOfSubsidiaries_lbl" xml:lang="en-US" id="id_11465422_2093784_1_1">Reduction of Net Reserves Due To Sale of Subsidiaries</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="l_ReductionOfNetReservesDueToSaleOfSubsidiaries_lbl" xml:lang="en-US" id="id_11465422_2093784_14_1">Change in net reserves due to disposition of subsidiaries</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_ReductionOfNetReservesDueToSaleOfSubsidiaries" xlink:to="l_ReductionOfNetReservesDueToSaleOfSubsidiaries_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_RegulatoryAccountingPolicyTextBlock" xlink:label="l_RegulatoryAccountingPolicyTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_RegulatoryAccountingPolicyTextBlock_lbl" xml:lang="en-US" id="id_11465422_2111729_3_1">Regulatory accounting, policy [Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_RegulatoryAccountingPolicyTextBlock_lbl" xml:lang="en-US" id="id_11465422_2111729_1_1">Regulatory Accounting [Policy Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_RegulatoryAccountingPolicyTextBlock_lbl" xml:lang="en-US" id="id_11465422_2111729_2_1">Regulatory accounting</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_RegulatoryAccountingPolicyTextBlock" xlink:to="l_RegulatoryAccountingPolicyTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReinsuranceAccountingPolicy" xlink:label="us-gaap_ReinsuranceAccountingPolicy"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ReinsuranceAccountingPolicy_lbl" xml:lang="en-US" id="id_11465422_2035069_1_1">Reinsurance Accounting Policy [Policy Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ReinsuranceAccountingPolicy_lbl" xml:lang="en-US" id="id_11465422_2035069_2_1">Reinsurance</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ReinsuranceAccountingPolicy" xlink:to="us-gaap_ReinsuranceAccountingPolicy_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_ReinsuranceCollateral" xlink:label="l_ReinsuranceCollateral"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_ReinsuranceCollateral_lbl" xml:lang="en-US" id="id_11465422_2351478_3_1">Reinsurance collateral</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_ReinsuranceCollateral_lbl" xml:lang="en-US" id="id_11465422_2351478_1_1">Reinsurance Collateral</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_ReinsuranceCollateral_lbl" xml:lang="en-US" id="id_11465422_2351478_2_1">Reinsurance collateral</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_ReinsuranceCollateral" xlink:to="l_ReinsuranceCollateral_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReinsuranceDisclosuresAbstract" xlink:label="us-gaap_ReinsuranceDisclosuresAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ReinsuranceDisclosuresAbstract_lbl" xml:lang="en-US" id="id_11465422_2038242_1_1">Reinsurance Disclosures [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ReinsuranceDisclosuresAbstract_lbl" xml:lang="en-US" id="id_11465422_2038242_2_1">Reinsurance receivables related to insurance reserves:</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ReinsuranceDisclosuresAbstract" xlink:to="us-gaap_ReinsuranceDisclosuresAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_ReinsurancePremium" xlink:label="l_ReinsurancePremium"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_ReinsurancePremium_lbl" xml:lang="en-US" id="id_11465422_2058276_3_1">Reinsurance Premium</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_ReinsurancePremium_lbl" xml:lang="en-US" id="id_11465422_2058276_1_1">Reinsurance Premium</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_ReinsurancePremium_lbl" xml:lang="en-US" id="id_11465422_2058276_2_1">Reinsurance premium paid to NICO under A&amp;EP Loss Portfolio Transfer</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_ReinsurancePremium" xlink:to="l_ReinsurancePremium_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentLineItems" xlink:label="us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentLineItems"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentLineItems_lbl" xml:lang="en-US" id="id_11465422_2038831_1_1">Reinsurance Premiums for Insurance Companies, by Product Segment [Line Items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentLineItems_lbl" xml:lang="en-US" id="id_11465422_2038831_2_1">Reinsurance Premiums for Insurance Companies, by Product Segment [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentLineItems" xlink:to="us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentLineItems_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentNetAmountAbstract" xlink:label="us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentNetAmountAbstract"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentNetAmountAbstract_lbl" xml:lang="en-US" id="id_11465422_2038648_1_1">Premiums Earned, Net [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentNetAmountAbstract_lbl" xml:lang="en-US" id="id_11465422_2038648_2_1">Premiums Earned, Net [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentNetAmountAbstract" xlink:to="us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentNetAmountAbstract_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentTable" xlink:label="us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentTable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentTable_lbl" xml:lang="en-US" id="id_11465422_2040263_1_1">Reinsurance Premiums for Insurance Companies, by Product Segment [Table]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentTable_lbl" xml:lang="en-US" id="id_11465422_2040263_2_1">Reinsurance Premiums for Insurance Companies, by Product Segment [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentTable" xlink:to="us-gaap_ReinsurancePremiumsForInsuranceCompaniesByProductSegmentTable_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_ReinsuranceReceivablesNetBookValue" xlink:label="l_ReinsuranceReceivablesNetBookValue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_ReinsuranceReceivablesNetBookValue_lbl" xml:lang="en-US" id="id_11465422_2306057_3_1">Reinsurance Receivables Net Book Value</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_ReinsuranceReceivablesNetBookValue_lbl" xml:lang="en-US" id="id_11465422_2306057_1_1">Reinsurance Receivables Net Book Value</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_ReinsuranceReceivablesNetBookValue_lbl" xml:lang="en-US" id="id_11465422_2306057_2_1">Net reinsurance receivables transferred to NICO under A&amp;EP Loss Portfolio Transfer</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_ReinsuranceReceivablesNetBookValue" xlink:to="l_ReinsuranceReceivablesNetBookValue_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments" xlink:label="us-gaap_ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments_lbl" xml:lang="en-US" id="id_11465422_2038244_1_1">Reinsurance Recoverable for Unpaid Claims and Claims Adjustments</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments_lbl" xml:lang="en-US" id="id_11465422_2038244_2_1">Ceded claim and claim adjustment expenses</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments_lbl" xml:lang="en-US" id="id_11465422_2038244_12_1">Total reinsurance receivables</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments" xlink:to="us-gaap_ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReinsuranceRecoverables" xlink:label="us-gaap_ReinsuranceRecoverables"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ReinsuranceRecoverables_lbl" xml:lang="en-US" id="id_11465422_2029146_1_1">Reinsurance Recoverables, Including Reinsurance Premium Paid</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_ReinsuranceRecoverables_lbl" xml:lang="en-US" id="id_11465422_2029146_6_1">Reinsurance receivables, net of allowance for doubtful accounts</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ReinsuranceRecoverables" xlink:to="us-gaap_ReinsuranceRecoverables_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReinsuranceRecoverablesAllowance" xlink:label="us-gaap_ReinsuranceRecoverablesAllowance"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ReinsuranceRecoverablesAllowance_lbl" xml:lang="en-US" id="id_11465422_2037307_1_1">Reinsurance Recoverables, Allowance</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ReinsuranceRecoverablesAllowance_lbl" xml:lang="en-US" id="id_11465422_2037307_2_1">Less allowance for doubtful accounts</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_ReinsuranceRecoverablesAllowance_lbl" xml:lang="en-US" id="id_11465422_2037307_12_1">Less:allowance for doubtful accounts on reinsurance receivables</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ReinsuranceRecoverablesAllowance" xlink:to="us-gaap_ReinsuranceRecoverablesAllowance_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReinsuranceRecoverablesGross" xlink:label="us-gaap_ReinsuranceRecoverablesGross"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ReinsuranceRecoverablesGross_lbl" xml:lang="en-US" id="id_11465422_2039063_1_1">Reinsurance Recoverables, Gross</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ReinsuranceRecoverablesGross_lbl" xml:lang="en-US" id="id_11465422_2039063_2_1">Reinsurance (Note 15)</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_ReinsuranceRecoverablesGross_lbl" xml:lang="en-US" id="id_11465422_2039063_6_1">Reinsurance receivables</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ReinsuranceRecoverablesGross" xlink:to="us-gaap_ReinsuranceRecoverablesGross_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReinsuranceRecoverablesOnPaidLosses" xlink:label="us-gaap_ReinsuranceRecoverablesOnPaidLosses"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ReinsuranceRecoverablesOnPaidLosses_lbl" xml:lang="en-US" id="id_11465422_2036034_1_1">Reinsurance Recoverable for Paid Claims and Claims Adjustments</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ReinsuranceRecoverablesOnPaidLosses_lbl" xml:lang="en-US" id="id_11465422_2036034_2_1">Reinsurance receivables related to paid losses</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ReinsuranceRecoverablesOnPaidLosses" xlink:to="us-gaap_ReinsuranceRecoverablesOnPaidLosses_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_ReinsuranceRecoveries" xlink:label="l_ReinsuranceRecoveries"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_ReinsuranceRecoveries_lbl" xml:lang="en-US" id="id_11465422_2301703_3_1">Reinsurance recoveries.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_ReinsuranceRecoveries_lbl" xml:lang="en-US" id="id_11465422_2301703_1_1">Reinsurance Recoveries</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_ReinsuranceRecoveries_lbl" xml:lang="en-US" id="id_11465422_2301703_2_1">Reinsurance recoveries</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_ReinsuranceRecoveries" xlink:to="l_ReinsuranceRecoveries_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReinsuranceTextBlock" xlink:label="us-gaap_ReinsuranceTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ReinsuranceTextBlock_lbl" xml:lang="en-US" id="id_11465422_2039497_1_1">Reinsurance [Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ReinsuranceTextBlock_lbl" xml:lang="en-US" id="id_11465422_2039497_2_1">Reinsurance</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ReinsuranceTextBlock" xlink:to="us-gaap_ReinsuranceTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RelatedPartyDomain" xlink:label="us-gaap_RelatedPartyDomain"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RelatedPartyDomain_lbl" xml:lang="en-US" id="id_11465422_2030464_1_1">Related Party [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_RelatedPartyDomain_lbl" xml:lang="en-US" id="id_11465422_2030464_2_1">Related Party [Domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RelatedPartyDomain" xlink:to="us-gaap_RelatedPartyDomain_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RelatedPartyTransactionsByRelatedPartyAxis" xlink:label="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_lbl" xml:lang="en-US" id="id_11465422_2038452_1_1">Related Party [Axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_lbl" xml:lang="en-US" id="id_11465422_2038452_2_1">Related Party [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis" xlink:to="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RepaymentsOfCommercialPaper" xlink:label="us-gaap_RepaymentsOfCommercialPaper"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RepaymentsOfCommercialPaper_lbl" xml:lang="en-US" id="id_11465422_2038454_1_1">Repayments of Commercial Paper</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_RepaymentsOfCommercialPaper_lbl" xml:lang="en-US" id="id_11465422_2038454_2_1">Repayments of commercial paper</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RepaymentsOfCommercialPaper" xlink:to="us-gaap_RepaymentsOfCommercialPaper_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RepaymentsOfDebt" xlink:label="us-gaap_RepaymentsOfDebt"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RepaymentsOfDebt_lbl" xml:lang="en-US" id="id_11465422_2035073_1_1">Repayments of Debt</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_RepaymentsOfDebt_lbl" xml:lang="en-US" id="id_11465422_2035073_14_1">Principal payments in debt</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="us-gaap_RepaymentsOfDebt_lbl" xml:lang="en-US" id="id_11465422_2035073_18_1">Principal payments on debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RepaymentsOfDebt" xlink:to="us-gaap_RepaymentsOfDebt_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ResidentialMortgageBackedSecuritiesMember" xlink:label="us-gaap_ResidentialMortgageBackedSecuritiesMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ResidentialMortgageBackedSecuritiesMember_lbl" xml:lang="en-US" id="id_11465422_2040271_1_1">Residential Mortgage Backed Securities [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ResidentialMortgageBackedSecuritiesMember_lbl" xml:lang="en-US" id="id_11465422_2040271_2_1">Residential Mortgage-Backed [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ResidentialMortgageBackedSecuritiesMember" xlink:to="us-gaap_ResidentialMortgageBackedSecuritiesMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RestrictedStockUnitsRSUMember" xlink:label="us-gaap_RestrictedStockUnitsRSUMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RestrictedStockUnitsRSUMember_lbl" xml:lang="en-US" id="id_11465422_2039074_1_1">Restricted Stock Units (RSUs) [Member]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_SeniorUnsecuredRevolvingCreditFacilityMember_lbl" xml:lang="en-US" id="id_11465422_2085913_1_1">Senior Unsecured Revolving Credit Facility [Member]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_SevenPointFourPercentageNotesDueTwoZeroOneNineMember_lbl" xml:lang="en-US" id="id_11465422_2358591_3_1">Seven Point Four Percentage Notes Due Two Zero One Nine [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_SevenPointFourPercentageNotesDueTwoZeroOneNineMember_lbl" xml:lang="en-US" id="id_11465422_2358591_1_1">Seven Point Four Percentage Notes Due Two Zero One Nine [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_SevenPointFourPercentageNotesDueTwoZeroOneNineMember_lbl" xml:lang="en-US" id="id_11465422_2358591_2_1">7.4% Notes Due 2019 [Member]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_SevenPointThreePercentageDebenturesDueTwoZeroTwoSevenMember_lbl" xml:lang="en-US" id="id_11465422_2076058_3_1">Seven Point Three Percentage Debentures Due Two Zero Two Seven [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_SevenPointThreePercentageDebenturesDueTwoZeroTwoSevenMember_lbl" xml:lang="en-US" id="id_11465422_2076058_1_1">Seven Point Three Percentage Debentures Due Two Zero Two Seven [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_SevenPointThreePercentageDebenturesDueTwoZeroTwoSevenMember_lbl" xml:lang="en-US" id="id_11465422_2076058_2_1">7.3% Debentures Due 2027 [Member]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_SevenPointThreePercentageDebenturesDueTwoZeroTwoThreeMember_lbl" xml:lang="en-US" id="id_11465422_2233837_3_1">Seven Point Three Percentage Debentures Due Two Zero Two Three [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_SevenPointThreePercentageDebenturesDueTwoZeroTwoThreeMember_lbl" xml:lang="en-US" id="id_11465422_2233837_1_1">Seven Point Three Percentage Debentures Due Two Zero Two Three [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_SevenPointThreePercentageDebenturesDueTwoZeroTwoThreeMember_lbl" xml:lang="en-US" id="id_11465422_2233837_2_1">7.3% Debentures Due 2023 [Member]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_SevenPointZeroPercentageNotesDueTwoZeroOneEightMember_lbl" xml:lang="en-US" id="id_11465422_2276055_3_1">Seven Point Zero Percentage Notes Due Two Zero One Eight [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_SevenPointZeroPercentageNotesDueTwoZeroOneEightMember_lbl" xml:lang="en-US" id="id_11465422_2276055_1_1">Seven Point Zero Percentage Notes Due Two Zero One Eight [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_SevenPointZeroPercentageNotesDueTwoZeroOneEightMember_lbl" xml:lang="en-US" id="id_11465422_2276055_2_1">7.0% Notes Due 2018 [Member]</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardRequisiteServicePeriod1" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardRequisiteServicePeriod1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardRequisiteServicePeriod1_lbl" xml:lang="en-US" id="id_11465422_2040492_1_1">Share-based Compensation Arrangement by Share-based Payment Award, Award Requisite Service Period</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardRequisiteServicePeriod1_lbl" xml:lang="en-US" id="id_11465422_2040492_2_1">Share-based payment awards requisite service period</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardRequisiteServicePeriod1" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardRequisiteServicePeriod1_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_lbl" xml:lang="en-US" id="id_11465422_2036265_1_1">Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_lbl" xml:lang="en-US" id="id_11465422_2036265_2_1">Stock-based Compensation, vesting period</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage_lbl" xml:lang="en-US" id="id_11465422_2038869_1_1">Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage_lbl" xml:lang="en-US" id="id_11465422_2038869_2_1">vesting percentage</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage" xlink:to="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExercisableWeightedAverageExercisePrice" xlink:label="l_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExercisableWeightedAverageExercisePrice"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExercisableWeightedAverageExercisePrice_lbl" xml:lang="en-US" id="id_11465422_2184140_3_1">Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Exercisable Weighted Average Exercise Price</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExercisableWeightedAverageExercisePrice_lbl" xml:lang="en-US" id="id_11465422_2184140_1_1">Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Exercisable Weighted Average Exercise Price</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExercisableWeightedAverageExercisePrice_lbl" xml:lang="en-US" id="id_11465422_2184140_2_1">Weighted average grant date fair value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExercisableWeightedAverageExercisePrice" xlink:to="l_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExercisableWeightedAverageExercisePrice_lbl"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_lbl" xml:lang="en-US" id="id_11465422_2037509_1_1">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_lbl" xml:lang="en-US" id="id_11465422_2037509_2_1">Forfeited during the year</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_lbl" xml:lang="en-US" id="id_11465422_2038710_1_1">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_lbl" xml:lang="en-US" id="id_11465422_2038710_2_1">Grants In Period</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_lbl" xml:lang="en-US" id="id_11465422_2035122_1_1">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_lbl" xml:lang="en-US" id="id_11465422_2036267_1_1">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_lbl" xml:lang="en-US" id="id_11465422_2036267_2_1">SARs outstanding</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod_lbl" xml:lang="en-US" id="id_11465422_2036442_1_1">Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod_lbl" xml:lang="en-US" id="id_11465422_2036442_2_1">Stock-based Compensation, expiration period</label>
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumNumberOfSharesPerEmployee" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumNumberOfSharesPerEmployee_lbl"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_lbl" xml:lang="en-US" id="id_11465422_2039920_1_1">Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_lbl" xml:lang="en-US" id="id_11465422_2039920_2_1">Stock-based Compensation, number of shares authorized</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesToBeForfeitedUnderPriorPlan" xlink:label="l_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesToBeForfeitedUnderPriorPlan"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesToBeForfeitedUnderPriorPlan_lbl" xml:lang="en-US" id="id_11465422_2420113_3_1">Share based compensation arrangement by share based payment award number of shares to be forfeited under prior plan.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesToBeForfeitedUnderPriorPlan_lbl" xml:lang="en-US" id="id_11465422_2420113_1_1">Share Based Compensation Arrangement by Share Based Payment Award Number of Shares to be Forfeited under Prior Plan</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesToBeForfeitedUnderPriorPlan_lbl" xml:lang="en-US" id="id_11465422_2420113_2_1">Stock-based Compensation, number of shares to be forfeited under prior plan</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesToBeForfeitedUnderPriorPlan" xlink:to="l_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesToBeForfeitedUnderPriorPlan_lbl"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardTermsOfAward_lbl" xml:lang="en-US" id="id_11465422_2038871_1_1">Share-based Compensation Arrangement by Share-based Payment Award, Terms of Award</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_lbl" xml:lang="en-US" id="id_11465422_2036771_2_1">Equity Award [Domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:to="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy" xlink:label="us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy_lbl" xml:lang="en-US" id="id_11465422_2039538_1_1">Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy_lbl" xml:lang="en-US" id="id_11465422_2039538_2_1">Stock-based compensation</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy" xlink:to="us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_ShareholdersEquityLineItems" xlink:label="l_ShareholdersEquityLineItems"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_ShareholdersEquityLineItems_lbl" xml:lang="en-US" id="id_11465422_2372766_3_1">Shareholders Equity [Line Items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_ShareholdersEquityLineItems_lbl" xml:lang="en-US" id="id_11465422_2372766_1_1">Shareholders Equity [Line Items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_ShareholdersEquityLineItems_lbl" xml:lang="en-US" id="id_11465422_2372766_2_1">Shareholders Equity [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_ShareholdersEquityLineItems" xlink:to="l_ShareholdersEquityLineItems_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_ShortdurationContractsNetCumulativePaidClaimAdjustmentExpensesReconciliationOfTotalLiabilityForUnpaidClaimAndClaimAdjustmentExpenseTableTextBlock" xlink:label="l_ShortdurationContractsNetCumulativePaidClaimAdjustmentExpensesReconciliationOfTotalLiabilityForUnpaidClaimAndClaimAdjustmentExpenseTableTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_ShortdurationContractsNetCumulativePaidClaimAdjustmentExpensesReconciliationOfTotalLiabilityForUnpaidClaimAndClaimAdjustmentExpenseTableTextBlock_lbl" xml:lang="en-US" id="id_11465422_2420392_3_1">Short-Duration Contracts Net Cumulative Paid Claim Adjustment Expenses Reconciliation of Total Liability for Unpaid Claim and Claim Adjustment Expense [Table Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_ShortdurationContractsNetCumulativePaidClaimAdjustmentExpensesReconciliationOfTotalLiabilityForUnpaidClaimAndClaimAdjustmentExpenseTableTextBlock_lbl" xml:lang="en-US" id="id_11465422_2420392_1_1">Short Duration Contracts Net Cumulative Paid Claim Adjustment Expenses Reconciliation of Total Liability for Unpaid Claim and Claim Adjustment Expense [Table Text Block]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_ShortdurationContractsNetIncurredClaimsAndAllocatedClaimAdjustmentExpensesTableTextBlock_lbl" xml:lang="en-US" id="id_11465422_2420391_3_1">Short-Duration Contracts Net Incurred Claims and Allocated Claim Adjustment Expenses [Table Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_ShortdurationContractsNetIncurredClaimsAndAllocatedClaimAdjustmentExpensesTableTextBlock_lbl" xml:lang="en-US" id="id_11465422_2420391_1_1">Short Duration Contracts Net Incurred Claims and Allocated Claim Adjustment Expenses [Table Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_ShortdurationContractsNetIncurredClaimsAndAllocatedClaimAdjustmentExpensesTableTextBlock_lbl" xml:lang="en-US" id="id_11465422_2420391_2_1">Schedule of Net Incurred Claims and Allocated Claim Adjustment Expenses</label>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_ShortdurationContractsReserveDevelopmentTableTextBlock" xlink:label="l_ShortdurationContractsReserveDevelopmentTableTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_ShortdurationContractsReserveDevelopmentTableTextBlock_lbl" xml:lang="en-US" id="id_11465422_2420393_3_1">Short-Duration Contracts Reserve Development [Table Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_ShortdurationContractsReserveDevelopmentTableTextBlock_lbl" xml:lang="en-US" id="id_11465422_2420393_1_1">Short Duration Contracts Reserve Development [Table Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_ShortdurationContractsReserveDevelopmentTableTextBlock_lbl" xml:lang="en-US" id="id_11465422_2420393_2_1">Schedule of Net Strengthening or (Releases) of Prior Accident Year Reserves</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_ShortdurationContractsReserveDevelopmentTableTextBlock" xlink:to="l_ShortdurationContractsReserveDevelopmentTableTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShortdurationInsuranceContractsAccidentYear2007Member" xlink:label="us-gaap_ShortdurationInsuranceContractsAccidentYear2007Member"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortdurationInsuranceContractsAccidentYear2007Member_lbl" xml:lang="en-US" id="id_11465422_2041151_1_1">Short-duration Insurance Contracts, Accident Year 2007 [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShortdurationInsuranceContractsAccidentYear2007Member_lbl" xml:lang="en-US" id="id_11465422_2041151_2_1">2007 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortdurationInsuranceContractsAccidentYear2007Member" xlink:to="us-gaap_ShortdurationInsuranceContractsAccidentYear2007Member_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShortdurationInsuranceContractsAccidentYear2008Member" xlink:label="us-gaap_ShortdurationInsuranceContractsAccidentYear2008Member"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortdurationInsuranceContractsAccidentYear2008Member_lbl" xml:lang="en-US" id="id_11465422_2040126_1_1">Short-duration Insurance Contracts, Accident Year 2008 [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShortdurationInsuranceContractsAccidentYear2008Member_lbl" xml:lang="en-US" id="id_11465422_2040126_2_1">2008 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortdurationInsuranceContractsAccidentYear2008Member" xlink:to="us-gaap_ShortdurationInsuranceContractsAccidentYear2008Member_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShortdurationInsuranceContractsAccidentYear2009Member" xlink:label="us-gaap_ShortdurationInsuranceContractsAccidentYear2009Member"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortdurationInsuranceContractsAccidentYear2009Member_lbl" xml:lang="en-US" id="id_11465422_2039327_1_1">Short-duration Insurance Contracts, Accident Year 2009 [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShortdurationInsuranceContractsAccidentYear2009Member_lbl" xml:lang="en-US" id="id_11465422_2039327_2_1">2009 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortdurationInsuranceContractsAccidentYear2009Member" xlink:to="us-gaap_ShortdurationInsuranceContractsAccidentYear2009Member_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShortdurationInsuranceContractsAccidentYear2010Member" xlink:label="us-gaap_ShortdurationInsuranceContractsAccidentYear2010Member"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortdurationInsuranceContractsAccidentYear2010Member_lbl" xml:lang="en-US" id="id_11465422_2038298_1_1">Short-duration Insurance Contracts, Accident Year 2010 [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShortdurationInsuranceContractsAccidentYear2010Member_lbl" xml:lang="en-US" id="id_11465422_2038298_2_1">2010 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortdurationInsuranceContractsAccidentYear2010Member" xlink:to="us-gaap_ShortdurationInsuranceContractsAccidentYear2010Member_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShortdurationInsuranceContractsAccidentYear2011Member" xlink:label="us-gaap_ShortdurationInsuranceContractsAccidentYear2011Member"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortdurationInsuranceContractsAccidentYear2011Member_lbl" xml:lang="en-US" id="id_11465422_2035870_1_1">Short-duration Insurance Contracts, Accident Year 2011 [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShortdurationInsuranceContractsAccidentYear2011Member_lbl" xml:lang="en-US" id="id_11465422_2035870_2_1">2011 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortdurationInsuranceContractsAccidentYear2011Member" xlink:to="us-gaap_ShortdurationInsuranceContractsAccidentYear2011Member_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShortdurationInsuranceContractsAccidentYear2012Member" xlink:label="us-gaap_ShortdurationInsuranceContractsAccidentYear2012Member"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortdurationInsuranceContractsAccidentYear2012Member_lbl" xml:lang="en-US" id="id_11465422_2040502_1_1">Short-duration Insurance Contracts, Accident Year 2012 [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShortdurationInsuranceContractsAccidentYear2012Member_lbl" xml:lang="en-US" id="id_11465422_2040502_2_1">2012 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortdurationInsuranceContractsAccidentYear2012Member" xlink:to="us-gaap_ShortdurationInsuranceContractsAccidentYear2012Member_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShortdurationInsuranceContractsAccidentYear2013Member" xlink:label="us-gaap_ShortdurationInsuranceContractsAccidentYear2013Member"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortdurationInsuranceContractsAccidentYear2013Member_lbl" xml:lang="en-US" id="id_11465422_2041152_1_1">Short-duration Insurance Contracts, Accident Year 2013 [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShortdurationInsuranceContractsAccidentYear2013Member_lbl" xml:lang="en-US" id="id_11465422_2041152_2_1">2013 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortdurationInsuranceContractsAccidentYear2013Member" xlink:to="us-gaap_ShortdurationInsuranceContractsAccidentYear2013Member_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShortdurationInsuranceContractsAccidentYear2014Member" xlink:label="us-gaap_ShortdurationInsuranceContractsAccidentYear2014Member"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortdurationInsuranceContractsAccidentYear2014Member_lbl" xml:lang="en-US" id="id_11465422_2036448_1_1">Short-duration Insurance Contracts, Accident Year 2014 [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShortdurationInsuranceContractsAccidentYear2014Member_lbl" xml:lang="en-US" id="id_11465422_2036448_2_1">2014 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortdurationInsuranceContractsAccidentYear2014Member" xlink:to="us-gaap_ShortdurationInsuranceContractsAccidentYear2014Member_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShortdurationInsuranceContractsAccidentYear2015Member" xlink:label="us-gaap_ShortdurationInsuranceContractsAccidentYear2015Member"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortdurationInsuranceContractsAccidentYear2015Member_lbl" xml:lang="en-US" id="id_11465422_2038299_1_1">Short-duration Insurance Contracts, Accident Year 2015 [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShortdurationInsuranceContractsAccidentYear2015Member_lbl" xml:lang="en-US" id="id_11465422_2038299_2_1">2015 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortdurationInsuranceContractsAccidentYear2015Member" xlink:to="us-gaap_ShortdurationInsuranceContractsAccidentYear2015Member_lbl"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortdurationInsuranceContractsAccidentYear2016Member_lbl" xml:lang="en-US" id="id_11465422_2037522_1_1">Short-duration Insurance Contracts, Accident Year 2016 [Member]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShortdurationInsuranceContractsAccidentYearAxis_lbl" xml:lang="en-US" id="id_11465422_2039128_2_1">Short-duration Insurance Contracts, Accident Year [Axis]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortdurationInsuranceContractsAccidentYearAxis" xlink:to="us-gaap_ShortdurationInsuranceContractsAccidentYearAxis_lbl"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortdurationInsuranceContractsAccidentYearDomain_lbl" xml:lang="en-US" id="id_11465422_2036778_1_1">Short-duration Insurance Contracts, Accident Year [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShortdurationInsuranceContractsAccidentYearDomain_lbl" xml:lang="en-US" id="id_11465422_2036778_2_1">Short-duration Insurance Contracts, Accident Year [Domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortdurationInsuranceContractsAccidentYearDomain" xlink:to="us-gaap_ShortdurationInsuranceContractsAccidentYearDomain_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_ShortdurationInsuranceContractsAccidentYearPriorTo2007Member" xlink:label="l_ShortdurationInsuranceContractsAccidentYearPriorTo2007Member"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_ShortdurationInsuranceContractsAccidentYearPriorTo2007Member_lbl" xml:lang="en-US" id="id_11465422_2420128_3_1">Total net development for accident years prior to 2007.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_ShortdurationInsuranceContractsAccidentYearPriorTo2007Member_lbl" xml:lang="en-US" id="id_11465422_2420128_1_1">Short-duration Insurance Contracts Accident Year Prior to 2007 [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_ShortdurationInsuranceContractsAccidentYearPriorTo2007Member_lbl" xml:lang="en-US" id="id_11465422_2420128_2_1">Total Net Development for Accident Years Prior to 2007 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_ShortdurationInsuranceContractsAccidentYearPriorTo2007Member" xlink:to="l_ShortdurationInsuranceContractsAccidentYearPriorTo2007Member_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShortdurationInsuranceContractsClaimsDevelopmentTable" xlink:label="us-gaap_ShortdurationInsuranceContractsClaimsDevelopmentTable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortdurationInsuranceContractsClaimsDevelopmentTable_lbl" xml:lang="en-US" id="id_11465422_2035127_1_1">Short-duration Insurance Contracts, Claims Development [Table]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShortdurationInsuranceContractsClaimsDevelopmentTable_lbl" xml:lang="en-US" id="id_11465422_2035127_2_1">Short-duration Insurance Contracts, Claims Development [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortdurationInsuranceContractsClaimsDevelopmentTable" xlink:to="us-gaap_ShortdurationInsuranceContractsClaimsDevelopmentTable_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShortdurationInsuranceContractsCumulativePaidClaimsAndAllocatedClaimAdjustmentExpenseNet" xlink:label="us-gaap_ShortdurationInsuranceContractsCumulativePaidClaimsAndAllocatedClaimAdjustmentExpenseNet"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortdurationInsuranceContractsCumulativePaidClaimsAndAllocatedClaimAdjustmentExpenseNet_lbl" xml:lang="en-US" id="id_11465422_2040503_1_1">Short-duration Insurance Contracts, Cumulative Paid Claims and Allocated Claim Adjustment Expense, Net</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShortdurationInsuranceContractsCumulativePaidClaimsAndAllocatedClaimAdjustmentExpenseNet_lbl" xml:lang="en-US" id="id_11465422_2040503_2_1">Total</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortdurationInsuranceContractsCumulativePaidClaimsAndAllocatedClaimAdjustmentExpenseNet" xlink:to="us-gaap_ShortdurationInsuranceContractsCumulativePaidClaimsAndAllocatedClaimAdjustmentExpenseNet_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationLineItems" xlink:label="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationLineItems"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationLineItems_lbl" xml:lang="en-US" id="id_11465422_2036076_1_1">Short-duration Insurance Contracts, Historical Claims Duration [Line Items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationLineItems_lbl" xml:lang="en-US" id="id_11465422_2036076_2_1">Short-duration Insurance Contracts, Historical Claims Duration [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationLineItems" xlink:to="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationLineItems_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_ShortdurationInsuranceContractsHistoricalClaimsDurationNet" xlink:label="l_ShortdurationInsuranceContractsHistoricalClaimsDurationNet"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_ShortdurationInsuranceContractsHistoricalClaimsDurationNet_lbl" xml:lang="en-US" id="id_11465422_2420082_3_1">Short-duration insurance contracts, historical claims duration, net.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_ShortdurationInsuranceContractsHistoricalClaimsDurationNet_lbl" xml:lang="en-US" id="id_11465422_2420082_1_1">Short-duration Insurance Contracts, Historical Claims Duration, Net</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="l_ShortdurationInsuranceContractsHistoricalClaimsDurationNet_lbl" xml:lang="en-US" id="id_11465422_2420082_6_1">Total</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_ShortdurationInsuranceContractsHistoricalClaimsDurationNet" xlink:to="l_ShortdurationInsuranceContractsHistoricalClaimsDurationNet_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationTable" xlink:label="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationTable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationTable_lbl" xml:lang="en-US" id="id_11465422_2036273_1_1">Short-duration Insurance Contracts, Historical Claims Duration [Table]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationTable_lbl" xml:lang="en-US" id="id_11465422_2036273_2_1">Short-duration Insurance Contracts, Historical Claims Duration [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationTable" xlink:to="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationTable_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearEight" xlink:label="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearEight"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearEight_lbl" xml:lang="en-US" id="id_11465422_2036779_1_1">Short-duration Insurance Contracts, Historical Claims Duration, Year Eight</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearEight_lbl" xml:lang="en-US" id="id_11465422_2036779_2_1">Average Annual Percentage Payout of Claims in Year 8</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearEight" xlink:to="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearEight_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearFive" xlink:label="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearFive"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearFive_lbl" xml:lang="en-US" id="id_11465422_2036780_1_1">Short-duration Insurance Contracts, Historical Claims Duration, Year Five</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearFive_lbl" xml:lang="en-US" id="id_11465422_2036780_2_1">Average Annual Percentage Payout of Claims in Year 5</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearFive" xlink:to="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearFive_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearFour" xlink:label="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearFour"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearFour_lbl" xml:lang="en-US" id="id_11465422_2040753_1_1">Short-duration Insurance Contracts, Historical Claims Duration, Year Four</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearFour_lbl" xml:lang="en-US" id="id_11465422_2040753_2_1">Average Annual Percentage Payout of Claims in Year 4</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearFour" xlink:to="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearFour_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearNine" xlink:label="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearNine"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearNine_lbl" xml:lang="en-US" id="id_11465422_2035729_1_1">Short-duration Insurance Contracts, Historical Claims Duration, Year Nine</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearNine_lbl" xml:lang="en-US" id="id_11465422_2035729_2_1">Average Annual Percentage Payout of Claims in Year 9</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearNine" xlink:to="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearNine_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearOne" xlink:label="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearOne"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearOne_lbl" xml:lang="en-US" id="id_11465422_2036451_1_1">Short-duration Insurance Contracts, Historical Claims Duration, Year One</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearOne_lbl" xml:lang="en-US" id="id_11465422_2036451_2_1">Average Annual Percentage Payout of Claims in Year 1</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearOne" xlink:to="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearOne_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearSeven" xlink:label="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearSeven"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearSeven_lbl" xml:lang="en-US" id="id_11465422_2037352_1_1">Short-duration Insurance Contracts, Historical Claims Duration, Year Seven</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearSeven_lbl" xml:lang="en-US" id="id_11465422_2037352_2_1">Average Annual Percentage Payout of Claims in Year 7</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearSeven" xlink:to="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearSeven_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearSix" xlink:label="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearSix"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearSix_lbl" xml:lang="en-US" id="id_11465422_2034507_1_1">Short-duration Insurance Contracts, Historical Claims Duration, Year Six</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearSix_lbl" xml:lang="en-US" id="id_11465422_2034507_2_1">Average Annual Percentage Payout of Claims in Year 6</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearSix" xlink:to="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearSix_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearTen" xlink:label="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearTen"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearTen_lbl" xml:lang="en-US" id="id_11465422_2033725_1_1">Short-duration Insurance Contracts, Historical Claims Duration, Year Ten</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearTen_lbl" xml:lang="en-US" id="id_11465422_2033725_2_1">Average Annual Percentage Payout of Claims in Year 10</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearTen" xlink:to="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearTen_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearThree" xlink:label="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearThree"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearThree_lbl" xml:lang="en-US" id="id_11465422_2035872_1_1">Short-duration Insurance Contracts, Historical Claims Duration, Year Three</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearThree_lbl" xml:lang="en-US" id="id_11465422_2035872_2_1">Average Annual Percentage Payout of Claims in Year 3</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearThree" xlink:to="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearThree_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearTwo" xlink:label="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearTwo"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearTwo_lbl" xml:lang="en-US" id="id_11465422_2036781_1_1">Short-duration Insurance Contracts, Historical Claims Duration, Year Two</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearTwo_lbl" xml:lang="en-US" id="id_11465422_2036781_2_1">Average Annual Percentage Payout of Claims in Year 2</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearTwo" xlink:to="us-gaap_ShortdurationInsuranceContractsHistoricalClaimsDurationYearTwo_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShortdurationInsuranceContractsIncurredButNotReportedIbnrClaimsLiabilityNet" xlink:label="us-gaap_ShortdurationInsuranceContractsIncurredButNotReportedIbnrClaimsLiabilityNet"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortdurationInsuranceContractsIncurredButNotReportedIbnrClaimsLiabilityNet_lbl" xml:lang="en-US" id="id_11465422_2038717_1_1">Short-duration Insurance Contracts, Incurred but Not Reported (IBNR) Claims Liability, Net</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShortdurationInsuranceContractsIncurredButNotReportedIbnrClaimsLiabilityNet_lbl" xml:lang="en-US" id="id_11465422_2038717_2_1">IBNR</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortdurationInsuranceContractsIncurredButNotReportedIbnrClaimsLiabilityNet" xlink:to="us-gaap_ShortdurationInsuranceContractsIncurredButNotReportedIbnrClaimsLiabilityNet_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShortdurationInsuranceContractsIncurredClaimsAndAllocatedClaimAdjustmentExpenseNet" xlink:label="us-gaap_ShortdurationInsuranceContractsIncurredClaimsAndAllocatedClaimAdjustmentExpenseNet"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortdurationInsuranceContractsIncurredClaimsAndAllocatedClaimAdjustmentExpenseNet_lbl" xml:lang="en-US" id="id_11465422_2039541_1_1">Short-duration Insurance Contracts, Incurred Claims and Allocated Claim Adjustment Expense, Net</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShortdurationInsuranceContractsIncurredClaimsAndAllocatedClaimAdjustmentExpenseNet_lbl" xml:lang="en-US" id="id_11465422_2039541_2_1">Total</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortdurationInsuranceContractsLiabilityForUnpaidClaimsAndAllocatedClaimAdjustmentExpenseNet_lbl" xml:lang="en-US" id="id_11465422_2037708_1_1">Short-duration Insurance Contracts, Liability for Unpaid Claims and Allocated Claim Adjustment Expense, Net</label>
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortdurationInsuranceContractsLiabilityForUnpaidClaimsAndAllocatedClaimAdjustmentExpenseNet" xlink:to="us-gaap_ShortdurationInsuranceContractsLiabilityForUnpaidClaimsAndAllocatedClaimAdjustmentExpenseNet_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShortdurationInsuranceContractsLiabilityForUnpaidClaimsAndClaimAdjustmentExpenseOtherReconcilingItem" xlink:label="us-gaap_ShortdurationInsuranceContractsLiabilityForUnpaidClaimsAndClaimAdjustmentExpenseOtherReconcilingItem"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortdurationInsuranceContractsLiabilityForUnpaidClaimsAndClaimAdjustmentExpenseOtherReconcilingItem_lbl" xml:lang="en-US" id="id_11465422_2039743_1_1">Short-duration Insurance Contracts, Liability for Unpaid Claims and Claim Adjustment Expense, Other Reconciling Item</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShortdurationInsuranceContractsLiabilityForUnpaidClaimsAndClaimAdjustmentExpenseOtherReconcilingItem_lbl" xml:lang="en-US" id="id_11465422_2039743_2_1">Other</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortdurationInsuranceContractsLiabilityForUnpaidClaimsAndClaimAdjustmentExpenseOtherReconcilingItem" xlink:to="us-gaap_ShortdurationInsuranceContractsLiabilityForUnpaidClaimsAndClaimAdjustmentExpenseOtherReconcilingItem_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShortdurationInsuranceContractsLiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseAccumulatedUnallocatedClaimAdjustmentExpense" xlink:label="us-gaap_ShortdurationInsuranceContractsLiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseAccumulatedUnallocatedClaimAdjustmentExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortdurationInsuranceContractsLiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseAccumulatedUnallocatedClaimAdjustmentExpense_lbl" xml:lang="en-US" id="id_11465422_2040316_1_1">Short-duration Insurance Contracts, Liability for Unpaid Claims and Claims Adjustment Expense, Accumulated Unallocated Claim Adjustment Expense</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShortdurationInsuranceContractsLiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseAccumulatedUnallocatedClaimAdjustmentExpense_lbl" xml:lang="en-US" id="id_11465422_2040316_2_1">Liability for unallocated claim adjustment expenses for accident years presented</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortdurationInsuranceContractsLiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseAccumulatedUnallocatedClaimAdjustmentExpense" xlink:to="us-gaap_ShortdurationInsuranceContractsLiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseAccumulatedUnallocatedClaimAdjustmentExpense_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShortdurationInsuranceContractsNumberOfReportedClaims" xlink:label="us-gaap_ShortdurationInsuranceContractsNumberOfReportedClaims"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortdurationInsuranceContractsNumberOfReportedClaims_lbl" xml:lang="en-US" id="id_11465422_2036077_1_1">Short-duration Insurance Contracts, Number of Reported Claims</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShortdurationInsuranceContractsNumberOfReportedClaims_lbl" xml:lang="en-US" id="id_11465422_2036077_2_1">Cumulative number of claims</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortdurationInsuranceContractsNumberOfReportedClaims" xlink:to="us-gaap_ShortdurationInsuranceContractsNumberOfReportedClaims_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShortdurationInsuranceContractsReconciliationOfClaimsDevelopmentToLiabilityLineItems" xlink:label="us-gaap_ShortdurationInsuranceContractsReconciliationOfClaimsDevelopmentToLiabilityLineItems"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortdurationInsuranceContractsReconciliationOfClaimsDevelopmentToLiabilityLineItems_lbl" xml:lang="en-US" id="id_11465422_2036078_1_1">Short-duration Insurance Contracts, Reconciliation of Claims Development to Liability [Line Items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShortdurationInsuranceContractsReconciliationOfClaimsDevelopmentToLiabilityLineItems_lbl" xml:lang="en-US" id="id_11465422_2036078_2_1">Short-duration Insurance Contracts, Reconciliation of Claims Development to Liability [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortdurationInsuranceContractsReconciliationOfClaimsDevelopmentToLiabilityLineItems" xlink:to="us-gaap_ShortdurationInsuranceContractsReconciliationOfClaimsDevelopmentToLiabilityLineItems_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShortdurationInsuranceContractsReconciliationOfClaimsDevelopmentToLiabilityTable" xlink:label="us-gaap_ShortdurationInsuranceContractsReconciliationOfClaimsDevelopmentToLiabilityTable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortdurationInsuranceContractsReconciliationOfClaimsDevelopmentToLiabilityTable_lbl" xml:lang="en-US" id="id_11465422_2039744_1_1">Short-duration Insurance Contracts, Reconciliation of Claims Development to Liability [Table]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShortdurationInsuranceContractsReconciliationOfClaimsDevelopmentToLiabilityTable_lbl" xml:lang="en-US" id="id_11465422_2039744_2_1">Short-duration Insurance Contracts, Reconciliation of Claims Development to Liability [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortdurationInsuranceContractsReconciliationOfClaimsDevelopmentToLiabilityTable" xlink:to="us-gaap_ShortdurationInsuranceContractsReconciliationOfClaimsDevelopmentToLiabilityTable_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShortdurationInsuranceContractsReconciliationOfClaimsDevelopmentToLiabilityTableTextBlock" xlink:label="us-gaap_ShortdurationInsuranceContractsReconciliationOfClaimsDevelopmentToLiabilityTableTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortdurationInsuranceContractsReconciliationOfClaimsDevelopmentToLiabilityTableTextBlock_lbl" xml:lang="en-US" id="id_11465422_2038105_1_1">Short-duration Insurance Contracts, Reconciliation of Claims Development to Liability [Table Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShortdurationInsuranceContractsReconciliationOfClaimsDevelopmentToLiabilityTableTextBlock_lbl" xml:lang="en-US" id="id_11465422_2038105_2_1">Reconciliation of Net Liability for Unpaid Claim and Claim Adjustment Expenses for Property and Casualty Operations to Amount Presented in Consolidated Balance Sheets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortdurationInsuranceContractsReconciliationOfClaimsDevelopmentToLiabilityTableTextBlock" xlink:to="us-gaap_ShortdurationInsuranceContractsReconciliationOfClaimsDevelopmentToLiabilityTableTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShortdurationInsuranceContractsScheduleOfHistoricalClaimsDurationTableTextBlock" xlink:label="us-gaap_ShortdurationInsuranceContractsScheduleOfHistoricalClaimsDurationTableTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortdurationInsuranceContractsScheduleOfHistoricalClaimsDurationTableTextBlock_lbl" xml:lang="en-US" id="id_11465422_2036079_1_1">Short-duration Insurance Contracts, Schedule of Historical Claims Duration [Table Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShortdurationInsuranceContractsScheduleOfHistoricalClaimsDurationTableTextBlock_lbl" xml:lang="en-US" id="id_11465422_2036079_2_1">Schedule of Historical Claims Duration</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortdurationInsuranceContractsScheduleOfHistoricalClaimsDurationTableTextBlock" xlink:to="us-gaap_ShortdurationInsuranceContractsScheduleOfHistoricalClaimsDurationTableTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShortMember" xlink:label="us-gaap_ShortMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortMember_lbl" xml:lang="en-US" id="id_11465422_2040128_1_1">Short [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShortMember_lbl" xml:lang="en-US" id="id_11465422_2040128_2_1">Short [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortMember" xlink:to="us-gaap_ShortMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShortTermBorrowings" xlink:label="us-gaap_ShortTermBorrowings"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortTermBorrowings_lbl" xml:lang="en-US" id="id_11465422_2035873_1_1">Short-term Debt</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShortTermBorrowings_lbl" xml:lang="en-US" id="id_11465422_2035873_2_1">Short term debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortTermBorrowings" xlink:to="us-gaap_ShortTermBorrowings_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShorttermDebtFairValue" xlink:label="us-gaap_ShorttermDebtFairValue"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShorttermDebtFairValue_lbl" xml:lang="en-US" id="id_11465422_2038300_1_1">Short-term Debt, Fair Value</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShorttermDebtFairValue_lbl" xml:lang="en-US" id="id_11465422_2038300_2_1">Short term debt</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShorttermDebtFairValue" xlink:to="us-gaap_ShorttermDebtFairValue_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShortTermInvestments" xlink:label="us-gaap_ShortTermInvestments"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortTermInvestments_lbl" xml:lang="en-US" id="id_11465422_2035132_1_1">Short-term Investments</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShortTermInvestments_lbl" xml:lang="en-US" id="id_11465422_2035132_2_1">Short term investments</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortTermInvestments" xlink:to="us-gaap_ShortTermInvestments_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShortTermInvestmentsMember" xlink:label="us-gaap_ShortTermInvestmentsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortTermInvestmentsMember_lbl" xml:lang="en-US" id="id_11465422_2037183_1_1">Short-term Investments [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShortTermInvestmentsMember_lbl" xml:lang="en-US" id="id_11465422_2037183_2_1">Short Term Investments [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortTermInvestmentsMember" xlink:to="us-gaap_ShortTermInvestmentsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SignificantAccountingPoliciesTextBlock" xlink:label="us-gaap_SignificantAccountingPoliciesTextBlock"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SignificantAccountingPoliciesTextBlock_lbl" xml:lang="en-US" id="id_11465422_2038494_1_1">Significant Accounting Policies [Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_SignificantAccountingPoliciesTextBlock_lbl" xml:lang="en-US" id="id_11465422_2038494_2_1">Summary of Significant Accounting Policies</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SignificantAccountingPoliciesTextBlock" xlink:to="us-gaap_SignificantAccountingPoliciesTextBlock_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_SignificantCaptiveProgramMember" xlink:label="l_SignificantCaptiveProgramMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_SignificantCaptiveProgramMember_lbl" xml:lang="en-US" id="id_11465422_2216857_3_1">Significant captive program [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_SignificantCaptiveProgramMember_lbl" xml:lang="en-US" id="id_11465422_2216857_1_1">Significant Captive Program [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_SignificantCaptiveProgramMember_lbl" xml:lang="en-US" id="id_11465422_2216857_2_1">Significant Captive Program [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_SignificantCaptiveProgramMember" xlink:to="l_SignificantCaptiveProgramMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_SixPointFivePercentageNotesDueTwoZeroOneSixMember" xlink:label="l_SixPointFivePercentageNotesDueTwoZeroOneSixMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_SixPointFivePercentageNotesDueTwoZeroOneSixMember_lbl" xml:lang="en-US" id="id_11465422_2326473_3_1">Six Point Five Percentage Notes Due Two Zero One Six [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_SixPointFivePercentageNotesDueTwoZeroOneSixMember_lbl" xml:lang="en-US" id="id_11465422_2326473_1_1">Six Point Five Percentage Notes Due Two Zero One Six [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_SixPointFivePercentageNotesDueTwoZeroOneSixMember_lbl" xml:lang="en-US" id="id_11465422_2326473_2_1">6.5% Notes Due 2016 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_SixPointFivePercentageNotesDueTwoZeroOneSixMember" xlink:to="l_SixPointFivePercentageNotesDueTwoZeroOneSixMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_SixPointFivePercentageSeniorNotesDueAugustFifteenTwoThousandAndSixteenMember" xlink:label="l_SixPointFivePercentageSeniorNotesDueAugustFifteenTwoThousandAndSixteenMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_SixPointFivePercentageSeniorNotesDueAugustFifteenTwoThousandAndSixteenMember_lbl" xml:lang="en-US" id="id_11465422_2076171_3_1">Six Point Five Percentage Senior Notes Due August Fifteen Two Thousand and Sixteen [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_SixPointFivePercentageSeniorNotesDueAugustFifteenTwoThousandAndSixteenMember_lbl" xml:lang="en-US" id="id_11465422_2076171_1_1">Six Point Five Percentage Senior Notes Due August Fifteen Two Thousand and Sixteen [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_SixPointFivePercentageSeniorNotesDueAugustFifteenTwoThousandAndSixteenMember_lbl" xml:lang="en-US" id="id_11465422_2076171_2_1">6.5% Senior Notes Due August 15, 2016 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_SixPointFivePercentageSeniorNotesDueAugustFifteenTwoThousandAndSixteenMember" xlink:to="l_SixPointFivePercentageSeniorNotesDueAugustFifteenTwoThousandAndSixteenMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_SixPointThreePercentageNotesDueTwoZeroOneSevenMember" xlink:label="l_SixPointThreePercentageNotesDueTwoZeroOneSevenMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_SixPointThreePercentageNotesDueTwoZeroOneSevenMember_lbl" xml:lang="en-US" id="id_11465422_2206195_3_1">Six Point Three Percentage Notes Due Two Zero One Seven [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_SixPointThreePercentageNotesDueTwoZeroOneSevenMember_lbl" xml:lang="en-US" id="id_11465422_2206195_1_1">Six Point Three Percentage Notes Due Two Zero One Seven [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_SixPointThreePercentageNotesDueTwoZeroOneSevenMember_lbl" xml:lang="en-US" id="id_11465422_2206195_2_1">6.3% Notes Due 2017 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_SixPointThreePercentageNotesDueTwoZeroOneSevenMember" xlink:to="l_SixPointThreePercentageNotesDueTwoZeroOneSevenMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_SixPointZeroPercentageNotesDueTwoThousandTwentySixMember" xlink:label="l_SixPointZeroPercentageNotesDueTwoThousandTwentySixMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_SixPointZeroPercentageNotesDueTwoThousandTwentySixMember_lbl" xml:lang="en-US" id="id_11465422_2420175_3_1">Six Point Zero Percentage Notes Due Two Thousand Twenty Six [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_SixPointZeroPercentageNotesDueTwoThousandTwentySixMember_lbl" xml:lang="en-US" id="id_11465422_2420175_1_1">Six Point Zero Percentage Notes Due Two Thousand Twenty Six [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_SixPointZeroPercentageNotesDueTwoThousandTwentySixMember_lbl" xml:lang="en-US" id="id_11465422_2420175_2_1">6.0% Notes Due 2026 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_SixPointZeroPercentageNotesDueTwoThousandTwentySixMember" xlink:to="l_SixPointZeroPercentageNotesDueTwoThousandTwentySixMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_SixPointZeroPercentageNotesDueTwoZeroThreeFiveMember" xlink:label="l_SixPointZeroPercentageNotesDueTwoZeroThreeFiveMember"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_SixPointZeroPercentageNotesDueTwoZeroThreeFiveMember_lbl" xml:lang="en-US" id="id_11465422_2313395_1_1">Six Point Zero Percentage Notes Due Two Zero Three Five [Member]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_StatementTable_lbl" xml:lang="en-US" id="id_11465422_2038726_2_1">Statement [Table]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_StatutoryAccountingPracticesLineItems_lbl" xml:lang="en-US" id="id_11465422_2040512_2_1">Statutory Accounting Practices [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatutoryAccountingPracticesLineItems" xlink:to="us-gaap_StatutoryAccountingPracticesLineItems_lbl"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatutoryAccountingPracticesStatutoryAmountAvailableForDividendPayments_lbl" xml:lang="en-US" id="id_11465422_2036786_1_1">Statutory Accounting Practices, Statutory Amount Available for Dividend Payments</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_StatutoryAccountingPracticesStatutoryAmountAvailableForDividendPayments_lbl" xml:lang="en-US" id="id_11465422_2036786_2_1">Dividends payable without prior supervisory approval</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance_lbl" xml:lang="en-US" id="id_11465422_2039340_1_1">Statutory Accounting Practices, Statutory Capital and Surplus, Balance</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance_lbl" xml:lang="en-US" id="id_11465422_2039340_2_1">Increase in statutory capital and surplus</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_StatutoryAccountingPracticesTable_lbl" xml:lang="en-US" id="id_11465422_2039752_2_1">Statutory Accounting Practices [Table]</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SupplementalInformationForPropertyCasualtyInsuranceUnderwritersReservesForUnpaidClaimsAndClaimsAdjustmentExpense" xlink:label="us-gaap_SupplementalInformationForPropertyCasualtyInsuranceUnderwritersReservesForUnpaidClaimsAndClaimsAdjustmentExpense"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SupplementalInformationForPropertyCasualtyInsuranceUnderwritersReservesForUnpaidClaimsAndClaimsAdjustmentExpense_lbl" xml:lang="en-US" id="id_11465422_2036464_1_1">Supplemental Information for Property, Casualty Insurance Underwriters, Reserves for Unpaid Claims and Claims Adjustment Expense</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SupplementalInformationForPropertyCasualtyInsuranceUnderwritersTable" xlink:label="us-gaap_SupplementalInformationForPropertyCasualtyInsuranceUnderwritersTable"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SupplementalInformationForPropertyCasualtyInsuranceUnderwritersTable_lbl" xml:lang="en-US" id="id_11465422_2036099_1_1">Supplemental Information for Property, Casualty Insurance Underwriters [Table]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_SupplementalInformationForPropertyCasualtyInsuranceUnderwritersTable_lbl" xml:lang="en-US" id="id_11465422_2036099_2_1">Supplemental Information for Property, Casualty Insurance Underwriters [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SupplementalInformationForPropertyCasualtyInsuranceUnderwritersTable" xlink:to="us-gaap_SupplementalInformationForPropertyCasualtyInsuranceUnderwritersTable_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SupplementalInformationForPropertyCasualtyInsuranceUnderwritersUnearnedPremiums" xlink:label="us-gaap_SupplementalInformationForPropertyCasualtyInsuranceUnderwritersUnearnedPremiums"/>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_SupplementaryCashFlowInformationPolicyTextBlock" xlink:label="l_SupplementaryCashFlowInformationPolicyTextBlock"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_SupplementaryCashFlowInformationPolicyTextBlock_lbl" xml:lang="en-US" id="id_11465422_2421240_1_1">Supplementary Cash Flow Information [Policy Text Block]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_SuretyMember_lbl" xml:lang="en-US" id="id_11465422_2420078_3_1">Surety.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_SuretyMember_lbl" xml:lang="en-US" id="id_11465422_2420078_1_1">Surety [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_SuretyMember_lbl" xml:lang="en-US" id="id_11465422_2420078_2_1">Surety [Member]</label>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_SwingLineLoansMember" xlink:label="l_SwingLineLoansMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_SwingLineLoansMember_lbl" xml:lang="en-US" id="id_11465422_2052345_3_1">Swing Line Loans [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_SwingLineLoansMember_lbl" xml:lang="en-US" id="id_11465422_2052345_1_1">Swing Line Loans [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_SwingLineLoansMember_lbl" xml:lang="en-US" id="id_11465422_2052345_2_1">Swing Line Loans [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_SwingLineLoansMember" xlink:to="l_SwingLineLoansMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_TaxCreditCarrybackAmount" xlink:label="l_TaxCreditCarrybackAmount"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_TaxCreditCarrybackAmount_lbl" xml:lang="en-US" id="id_11465422_2336890_3_1">Tax Credit Carryback Amount</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_TaxCreditCarrybackAmount_lbl" xml:lang="en-US" id="id_11465422_2336890_1_1">Tax Credit Carryback Amount</label>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_TenLargestLimitedPartnershipHoldingsMember" xlink:label="l_TenLargestLimitedPartnershipHoldingsMember"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_TenLargestLimitedPartnershipHoldingsMember_lbl" xml:lang="en-US" id="id_11465422_2216694_1_1">Ten Largest Limited Partnership Holdings [Member]</label>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_ThirdAnniversaryMember" xlink:label="l_ThirdAnniversaryMember"/>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_ThreePointEightPercentageNotesDueTwoThousandTwentySixMember_lbl" xml:lang="en-US" id="id_11465422_2420053_2_1">3.8% Notes Due 2026 [Member]</label>
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    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_ThreePointFourPercentageNotesDueTwoThousandTwentyThreeMember" xlink:label="l_ThreePointFourPercentageNotesDueTwoThousandTwentyThreeMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_ThreePointFourPercentageNotesDueTwoThousandTwentyThreeMember_lbl" xml:lang="en-US" id="id_11465422_2067668_3_1">Three Point Four Percentage Notes Due Two Thousand Twenty Three [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_ThreePointFourPercentageNotesDueTwoThousandTwentyThreeMember_lbl" xml:lang="en-US" id="id_11465422_2067668_1_1">Three Point Four Percentage Notes Due Two Thousand Twenty Three [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_ThreePointFourPercentageNotesDueTwoThousandTwentyThreeMember_lbl" xml:lang="en-US" id="id_11465422_2067668_2_1">3.4% Notes Due 2023 [Member]</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_TradingSymbol" xlink:label="dei_TradingSymbol"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_TradingSymbol_lbl" xml:lang="en-US" id="id_11465422_2038518_1_1">Trading Symbol</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" xlink:label="us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_lbl" xml:lang="en-US" id="id_11465422_2037020_1_1">Financial Instruments [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_lbl" xml:lang="en-US" id="id_11465422_2037020_2_1">Financial Instruments [Domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" xlink:to="us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockMember" xlink:label="us-gaap_TreasuryStockMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TreasuryStockMember_lbl" xml:lang="en-US" id="id_11465422_2037023_1_1">Treasury Stock [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_TreasuryStockMember_lbl" xml:lang="en-US" id="id_11465422_2037023_2_1">Common Stock Held in Treasury [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TreasuryStockMember" xlink:to="us-gaap_TreasuryStockMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockRetiredCostMethodAmount" xlink:label="us-gaap_TreasuryStockRetiredCostMethodAmount"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TreasuryStockRetiredCostMethodAmount_lbl" xml:lang="en-US" id="id_11465422_2037738_1_1">Treasury Stock, Retired, Cost Method, Amount</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_TreasuryStockRetiredCostMethodAmount_lbl" xml:lang="en-US" id="id_11465422_2037738_14_1">Retirement of treasury stock</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TreasuryStockRetiredCostMethodAmount" xlink:to="us-gaap_TreasuryStockRetiredCostMethodAmount_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockSharesAcquired" xlink:label="us-gaap_TreasuryStockSharesAcquired"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TreasuryStockSharesAcquired_lbl" xml:lang="en-US" id="id_11465422_2038134_1_1">Treasury Stock, Shares, Acquired</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_TreasuryStockSharesAcquired_lbl" xml:lang="en-US" id="id_11465422_2038134_2_1">Treasury stock repurchased, shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TreasuryStockSharesAcquired" xlink:to="us-gaap_TreasuryStockSharesAcquired_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockValueAcquiredCostMethod" xlink:label="us-gaap_TreasuryStockValueAcquiredCostMethod"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TreasuryStockValueAcquiredCostMethod_lbl" xml:lang="en-US" id="id_11465422_2035576_1_1">Treasury Stock, Value, Acquired, Cost Method</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_TreasuryStockValueAcquiredCostMethod_lbl" xml:lang="en-US" id="id_11465422_2035576_2_1">Purchase of Loews treasury stock</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_TreasuryStockValueAcquiredCostMethod_lbl" xml:lang="en-US" id="id_11465422_2035576_14_1">Purchases of Loews treasury stock</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TreasuryStockValueAcquiredCostMethod" xlink:to="us-gaap_TreasuryStockValueAcquiredCostMethod_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_TwoPointSixPercentageNotesDueTwoZeroTwoThreeMember" xlink:label="l_TwoPointSixPercentageNotesDueTwoZeroTwoThreeMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_TwoPointSixPercentageNotesDueTwoZeroTwoThreeMember_lbl" xml:lang="en-US" id="id_11465422_2349534_3_1">Two Point Six Percentage Notes Due Two Zero Two Three [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_TwoPointSixPercentageNotesDueTwoZeroTwoThreeMember_lbl" xml:lang="en-US" id="id_11465422_2349534_1_1">Two Point Six Percentage Notes Due Two Zero Two Three [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_TwoPointSixPercentageNotesDueTwoZeroTwoThreeMember_lbl" xml:lang="en-US" id="id_11465422_2349534_2_1">2.6% Notes Due 2023 [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_TwoPointSixPercentageNotesDueTwoZeroTwoThreeMember" xlink:to="l_TwoPointSixPercentageNotesDueTwoZeroTwoThreeMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_TwoThousandSixteenLoewsPlanMember" xlink:label="l_TwoThousandSixteenLoewsPlanMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_TwoThousandSixteenLoewsPlanMember_lbl" xml:lang="en-US" id="id_11465422_2420111_3_1">Two thousand sixteen Loews plan.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_TwoThousandSixteenLoewsPlanMember_lbl" xml:lang="en-US" id="id_11465422_2420111_1_1">Two Thousand Sixteen Loews Plan [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_TwoThousandSixteenLoewsPlanMember_lbl" xml:lang="en-US" id="id_11465422_2420111_2_1">2016 Loews Plan [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_TwoThousandSixteenLoewsPlanMember" xlink:to="l_TwoThousandSixteenLoewsPlanMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TypeOfAdoptionMember" xlink:label="us-gaap_TypeOfAdoptionMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TypeOfAdoptionMember_lbl" xml:lang="en-US" id="id_11465422_2037381_1_1">Type of Adoption [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_TypeOfAdoptionMember_lbl" xml:lang="en-US" id="id_11465422_2037381_2_1">Type of Adoption [Domain]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TypeOfAdoptionMember" xlink:to="us-gaap_TypeOfAdoptionMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_UltradeepwaterDrillshipsMember" xlink:label="l_UltradeepwaterDrillshipsMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_UltradeepwaterDrillshipsMember_lbl" xml:lang="en-US" id="id_11465422_2236589_3_1">Ultra-deepwater Drillships [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_UltradeepwaterDrillshipsMember_lbl" xml:lang="en-US" id="id_11465422_2236589_1_1">Ultra-deepwater Drillships [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_UltradeepwaterDrillshipsMember_lbl" xml:lang="en-US" id="id_11465422_2236589_2_1">Ultra-deepwater Drillships [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_UltradeepwaterDrillshipsMember" xlink:to="l_UltradeepwaterDrillshipsMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_UltraDeepwaterMember" xlink:label="l_UltraDeepwaterMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_UltraDeepwaterMember_lbl" xml:lang="en-US" id="id_11465422_2369055_3_1">Ultra Deepwater.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_UltraDeepwaterMember_lbl" xml:lang="en-US" id="id_11465422_2369055_1_1">Ultra Deepwater [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_UltraDeepwaterMember_lbl" xml:lang="en-US" id="id_11465422_2369055_2_1">Ultra Deepwater [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_UltraDeepwaterMember" xlink:to="l_UltraDeepwaterMember_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_UltradeepwaterSemisubmersibleRigMember" xlink:label="l_UltradeepwaterSemisubmersibleRigMember"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_UltradeepwaterSemisubmersibleRigMember_lbl" xml:lang="en-US" id="id_11465422_2421639_3_1">Ultra-deepwater Semisubmersible Rig [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_UltradeepwaterSemisubmersibleRigMember_lbl" xml:lang="en-US" id="id_11465422_2421639_1_1">Ultra-deepwater Semisubmersible Rig [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_UltradeepwaterSemisubmersibleRigMember_lbl" xml:lang="en-US" id="id_11465422_2421639_2_1">Ultra-deepwater Semisubmersible Rig [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="l_UltradeepwaterSemisubmersibleRigMember" xlink:to="l_UltradeepwaterSemisubmersibleRigMember_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic" xlink:label="us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic_lbl" xml:lang="en-US" id="id_11465422_2038906_1_1">Undistributed Earnings (Loss) Allocated to Participating Securities, Basic</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic_lbl" xml:lang="en-US" id="id_11465422_2038906_2_1">Undistributed earnings of limited partnerships</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic" xlink:to="us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UndistributedEarningsOfForeignSubsidiaries" xlink:label="us-gaap_UndistributedEarningsOfForeignSubsidiaries"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_UndistributedEarningsOfForeignSubsidiaries_lbl" xml:lang="en-US" id="id_11465422_2040152_1_1">Undistributed Earnings of Foreign Subsidiaries</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_UndistributedEarningsOfForeignSubsidiaries_lbl" xml:lang="en-US" id="id_11465422_2040152_2_1">Undistributed earning related to foreign subsidiaries</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UndistributedEarningsOfForeignSubsidiaries" xlink:to="us-gaap_UndistributedEarningsOfForeignSubsidiaries_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnearnedPremiums" xlink:label="us-gaap_UnearnedPremiums"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_UnearnedPremiums_lbl" xml:lang="en-US" id="id_11465422_2040802_1_1">Unearned Premiums</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_UnearnedPremiums_lbl" xml:lang="en-US" id="id_11465422_2040802_2_1">Unearned premiums</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnearnedPremiums" xlink:to="us-gaap_UnearnedPremiums_lbl"/>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnpaidPolicyClaimsAndClaimsAdjustmentExpensePolicy" xlink:label="us-gaap_UnpaidPolicyClaimsAndClaimsAdjustmentExpensePolicy"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_UnpaidPolicyClaimsAndClaimsAdjustmentExpensePolicy_lbl" xml:lang="en-US" id="id_11465422_2035175_1_1">Unpaid Policy Claims and Claims Adjustment Expense, Policy [Policy Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_UnpaidPolicyClaimsAndClaimsAdjustmentExpensePolicy_lbl" xml:lang="en-US" id="id_11465422_2035175_2_1">Claim and claim adjustment expense reserves</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnpaidPolicyClaimsAndClaimsAdjustmentExpensePolicy" xlink:to="us-gaap_UnpaidPolicyClaimsAndClaimsAdjustmentExpensePolicy_lbl"/>
    <loc xlink:type="locator" xlink:href="l-20161231.xsd#l_UnrealizedGainsLossesRecognizedInNetIncomeOnLevel3AssetsAndLiabilitiesHeld" xlink:label="l_UnrealizedGainsLossesRecognizedInNetIncomeOnLevel3AssetsAndLiabilitiesHeld"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="l_UnrealizedGainsLossesRecognizedInNetIncomeOnLevel3AssetsAndLiabilitiesHeld_lbl" xml:lang="en-US" id="id_11465422_2375047_3_1">Unrealized gains (losses) Recognized in Net Income on Level 3 Assets and Liabilities Held</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="l_UnrealizedGainsLossesRecognizedInNetIncomeOnLevel3AssetsAndLiabilitiesHeld_lbl" xml:lang="en-US" id="id_11465422_2375047_1_1">Unrealized Gains Losses Recognized In Net Income On Level 3 Assets And Liabilities Held</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="l_UnrealizedGainsLossesRecognizedInNetIncomeOnLevel3AssetsAndLiabilitiesHeld_lbl" xml:lang="en-US" id="id_11465422_2375047_2_1">Unrealized Gains (Losses) Recognized in Net Income on Level 3 Assets and Liabilities Held at December 31</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnrecognizedTaxBenefits" xlink:label="us-gaap_UnrecognizedTaxBenefits"/>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_UnrecognizedTaxBenefits_lbl" xml:lang="en-US" id="id_11465422_2037031_1_1">Unrecognized Tax Benefits</label>
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