LOEWS CORP — Director's Dealing 2009

Nov 6, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LOEWS CORP (L)
CIK: 0000060086
Period of Report: 2009-11-05

Reporting Person: TISCH ANDREW H (Director, Co-Ch. of Bd/Off. Pres./Ch. EC)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-11-05	Common Stock	M	60000	$10.05	Acquired	468491	Direct
2009-11-05	Common Stock	S	60000	$34.33	Disposed	408491	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-11-05	Stock Option	$10.05	M	60000	Acquired	2010-01-18	Common Stock (60000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	13413325	Indirect
Common Stock	13413325	Indirect

Footnotes

F1: Represents the weighted average price of multiple transactions with a range of prices between $34.07 and $34.53. 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 at each separate price sold.

F2: The stock option became exercisable in four equal annual installments beginning on January 18, 2001.

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