LOEWS CORP — Director's Dealing 2011

May 2, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LOEWS CORP (L)
CIK: 0000060086
Period of Report: 2011-04-28

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-04-28	Common Stock	M	2813	$34.89	Acquired	2813	Direct
2011-04-28	Common Stock	D	2268	$43.27	Disposed	545	Direct
2011-04-28	Common Stock	S	545	$44.00	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-04-28	Stock Appreciation Right	$34.89	M	2813	Disposed	2016-01-31	Common Stock (2813)	Direct

Footnotes

F1: The derivative security became exercisable in four equal annual installments beginning on January 31, 2007.

F2: The Reporting Person received the Derivative Security pursuant to a stock appreciation right grant at no cost.