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His eyesight began to deteriorate from about 1920 and he became totally blind before his death. Shortly before his death he was forced to retire by the Nazi regime since he was Jewish.
Loewy worked on linear groups, the algebraic theory of differential equations and actuarial mathematics. He published 70 papers and a number of books. He edited German translations of works by Abel, Fourier, Charles Sturm and Étienne Pascal.
Among Loewy's most famous works are Lehrbuch der Algebra (1915) and Mathematik des Geld- und Zahlungsverkehrs (1920).
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