Statement of Changes in Beneficial Ownership (4)

FORM 4

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

OMB APPROVAL

OMB Number:

3235-0287

Estimated average burden
hours per response...

0.5

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person * TISCH ANDREW H	2. Issuer Name and Ticker or Trading Symbol LOEWS CORP [ L ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director                    _____ 10% Owner __X__ Officer (give title below)    _____ Other (specify below) Co-Ch. of Bd/Off. Pres./Ch. EC
(Last)          (First)          (Middle) 667 MADISON AVENUE	3. Date of Earliest Transaction (MM/DD/YYYY) 1/2/2020
(Street) NEW YORK, NY 10065-8087 (City)        (State)        (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)	6. Individual or Joint/Group Filing (Check Applicable Line) _X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	1/2/2020		M		15000	A	$37.92	15000	D
Common Stock	1/2/2020		M		15000	A	$37.26	30000	D
Common Stock	1/2/2020		M		15000	A	$33.12	45000	D
Common Stock	1/2/2020		M		15000	A	$37.82	60000	D
Common Stock	1/2/2020		D		41573	D	$52.72	18427	D
Common Stock	1/2/2020		S		18427	D	$52.75 (1)	0	D
Common Stock								14809184	I	By Trusts

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Appreciation Right	$37.92	1/2/2020		M			15000	(2)	1/12/2020	Common Stock	15000	$0 (3)	0	D
Stock Appreciation Right	$37.26	1/2/2020		M			15000	(2)	1/12/2020	Common Stock	15000	$0 (3)	0	D
Stock Appreciation Right	$33.12	1/2/2020		M			15000	(2)	1/12/2020	Common Stock	15000	$0 (3)	0	D
Stock Appreciation Right	$37.82	1/2/2020		M			15000	(2)	1/12/2020	Common Stock	15000	$0 (3)	0	D

Explanation of Responses:
(1)	Represents the weighted average price of multiple transactions with a range of prices between $52.48 and $52.98. 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.
(2)	The Stock Appreciation Rights became exercisable in four equal installments beginning on January 12, 2011.
(3)	The Reporting Person received the Derivative Security pursuant to a stock appreciation right grant at no cost.

Reporting Owners
Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
TISCH ANDREW H 667 MADISON AVENUE NEW YORK, NY 10065-8087	X		Co-Ch. of Bd/Off. Pres./Ch. EC

Signatures
/s/ Thomas H. Watson, by power of attorney for Andrew H. Tisch		1/6/2020
**Signature of Reporting Person		Date