Exhibit 99.1

                  STATEMENT UNDER OATH OF PRINCIPAL EXECUTIVE
                   OFFICER REGARDING FACTS AND CIRCUMSTANCES
                       RELATING TO EXCHANGE ACT FILINGS


I, James S. Tisch, President and Chief Executive Officer (principal executive
officer), of Loews Corporation, state and attest that:

   (1)   To the best of my knowledge, based upon a review of the covered
reports of Loews Corporation, and, except as corrected or
supplemented in a subsequent covered report:

No covered report contained an untrue statement of a material fact as
of the end of the period covered by such report (or in the case of a
report on Form 8-K or definitive proxy materials, as of the date on
which it was filed); and

No covered report omitted to state a material fact necessary to make
the statements in the covered report, in light of the circumstances
under which they were made, not misleading as of the end of the
period covered by such report (or in the case of a report on Form 8-K
or definitive proxy materials, as of the date on which it was filed).

   (2)   I have reviewed the contents of this statement with the Company's
audit committee.

   (3)   In this statement under oath, each of the following, if filed on or
before the date of this statement, is a "covered report":

Annual Report on Form 10-K for the year ended December 31, 2001 of
Loews Corporation;

All reports on Form 10-Q, all reports on Form 8-K and all definitive
proxy materials of Loews Corporation filed with the Commission
subsequent to the filing of the Form 10-K identified above; and

Any amendments to any of the foregoing.

/s/ James S. Tisch
- ------------------------              Subscribed and sworn to before
James S. Tisch                        me this 13th day of August, 2002



                                      /s/ Carol Doktorski
August 13, 2002                       --------------------------
                                      Notary Public

                                      My Commission Expires:

                                      June 30, 2006
                                      --------------------------