==============================================================================
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
--------------
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): December 5, 2001
---------------------
LOEWS CORPORATION
------------------------------------------------------------------------------
(Exact name of registrant as specified in its charter)
Delaware 1-6541 13-2646102
------------------------------------------------------------------------------
(State or other jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
667 Madison Avenue, New York, N.Y. 10021-8087
------------------------------------------------------------------------------
(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code (212) 521-2000
--------------------
NOT APPLICABLE
------------------------------------------------------------------------------
(Former Name or Former Address, if Changed Since Last Report)
==============================================================================
Item 5. Other Events
On December 5, 2001, Registrant's 89% owned subsidiary, CNA Financial
Corporation ("CNA"), filed two Current Reports on Form 8-K. One Report related
to the issuance by CNA of a press release announcing that CNA will record
fourth quarter charges related principally to restructuring its Property-
Casualty and Life Operations, discontinuation of variable life and annuity
business, and consolidation of real estate locations and related corporate
staff departments reductions. The second Report related to the issuance by CNA
of a press release announcing CNA's estimate for potential losses associated
with the recent filing by certain Enron entities for reorganization under
Chapter 11 of the Bankruptcy Code.
A copy of the press releases are attached hereto as Exhibits 99.1 and 99.2
and are incorporated herein by reference.
Item 7. Financial Statements and Exhibits
(a) Not applicable.
(b) Not applicable.
(c) Exhibits:
Exhibit No. Description
---------- -----------
99.1 Press Release issued by CNA Financial Corporation,
announcing that it will record fourth quarter
charges related principally to restructuring its
Property-Casualty and Life Operations,
discontinuation of variable life and annuity
business, and consolidation of real estate
locations and related corporate staff departments
reductions.
99.2 Press Release issued by CNA Financial Corporation
related to its estimate for potential losses
associated with the recent filing by certain Enron
entities for reorganization under Chapter 11 of the
Bankruptcy Code.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
LOEWS CORPORATION
----------------------
Dated: December 6, 2001 By: /s/ Barry Hirsch
----------------------
Barry Hirsch,
Senior Vice President,
General Counsel and
Secretary