The equations of Loewner type can be derived in two very different contexts: one of them is complex analysis and the theory of parametric conformal maps and the other one is the theory of integrable systems. In this paper we compare the both approach
es. After recalling the derivation of Lowner equations based on complex analysis we review one- and multi-variable reductions of dispersionless integrable hierarhies (dKP, dBKP, dToda, and dDKP). The one-vaiable reductions are described by solutions of differe
