Exhibit 21.01

                                LOEWS CORPORATION

                          Subsidiaries of the Registrant

                                December 31, 2002



                                            Organized Under
          Name of Subsidiary                    Laws of        Business Names
          ------------------                ---------------   ----------------

                                                        
CNA Financial Corporation .............     Delaware      )
 Continental Casualty Company .........     Illinois      )
  Continental Assurance Company .......     Illinois      )
  National Fire Insurance Company of                      )
   Hartford ...........................     Connecticut   )
  American Casualty Company of                            )
   Reading, Pennsylvania ..............     Pennsylvania  )   CNA Insurance
  CNA Surety Corporation ..............     Delaware      )
 The Continental Corporation ..........     New York      )
  The Buckeye Union Insurance Company .     Ohio          )
  Firemen's Insurance Company of                          )
   Newark, New Jersey .................     New Jersey    )
  The Continental Insurance Company ...     New Hampshire )
  CNA Group Life Assurance Company ....     Illinois      )

Lorillard, Inc. .......................     Delaware      )   Lorillard
 Lorillard Tobacco Company ............     Delaware      )
 Lorillard Licensing Company, LLC .....     North Carolina)

Diamond Offshore Drilling, Inc. .......     Delaware          Diamond Offshore


  The names of certain subsidiaries which, if considered as a single
subsidiary, would not constitute a "significant subsidiary" as defined in
Regulation S-X, have been omitted.