LOEWS CORP — Director's Dealing 2009

Nov 17, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LOEWS CORP (L)
CIK: 0000060086
Period of Report: 2009-11-13

Reporting Person: HOFMANN HERBERT C (Sr. Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-11-13	Common Stock	M	4000	$19.43	Acquired	4000	Direct
2009-11-13	Common Stock	S	4000	$35.64	Disposed	0	Direct
2009-11-16	Common Stock	M	750	$19.43	Acquired	750	Direct
2009-11-16	Common Stock	M	3250	$24.32	Acquired	4000	Direct
2009-11-16	Common Stock	S	4000	$36.32	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-11-13	Stock Option	$19.43	M	4000	Disposed	2014-01-16	Common Stock (4000)	Direct
2009-11-16	Stock Option	$19.43	M	750	Disposed	2014-01-16	Common Stock (750)	Direct
2009-11-16	Stock Option	$24.32	M	3250	Disposed	2015-01-20	Common Stock (3250)	Direct

Footnotes

F1: Represents the weighted average price of multiple transactions with a range of prices between $36.31 and $36.32. The Reporting Person, upon request by the Commission Staff, the Issuer or a security holder of the Issuer, undertakes to provide further information regarding the number of securities sold at each separate price.

F2: The option became exercisable in four equal annual installments beginning on January 16, 2005.

F3: The Reporting Person received the Derivative Security pursuant to a stock option grant at no cost.

F4: The option became exercisable in four equal annual installments beginning on January 20, 2006.