Ownership Submission
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

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
FINNEGAN JOHN D
  2. Issuer Name and Ticker or Trading Symbol
CHUBB CORP [CB]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chairman, President and C.E.O.
(Last)
(First)
(Middle)
15 MOUNTAIN VIEW ROAD, P.O. BOX 1615
3. Date of Earliest Transaction (Month/Day/Year)
03/03/2005
(Street)

WARREN, NJ 070611615
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction 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               48,692 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction 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
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(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
PERFORMANCE SHARES 2005 (1) $ 0 (2) 03/03/2005   A   144,286     (1)   (1) COMMON 144,286 $ 0 144,286 D  
RESTRICTED STOCK UNIT 2005 (3) $ 0 (2) 03/03/2005   A   24,047     (3)   (3) COMMON 24,047 $ 0 24,047 D  
PERFORMANCE SHARES 2004 (4) $ 0 (2)               (4)   (4) COMMON 162,858   162,858 D  
RESTRICTED STOCK UNIT 2004 (5) $ 0 (2)               (5)   (5) COMMON 27,142   27,142 D  
RESTRICTED STOCK UNITS (6) $ 0 (6)               (6)   (6) COMMON 30,808   30,808 D  
STOCK OPTION (7) $ 73.03             12/02/2003 12/01/2007 COMMON 118,055   118,055 D  
STOCK OPTION (7) $ 73.03             12/02/2004 12/01/2007 COMMON 118,054   118,054 D  
STOCK OPTION $ 58.43             12/02/2003 12/01/2012 COMMON 66,809   66,809 D  
STOCK OPTION $ 58.43             12/02/2003 12/01/2012 COMMON 83,640   83,640 D  
STOCK OPTION $ 58.43             12/02/2004 12/01/2012 COMMON 150,449   150,449 D  
STOCK OPTION $ 58.43             12/02/2005 12/01/2012 COMMON 83,640   83,640 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
FINNEGAN JOHN D
15 MOUNTAIN VIEW ROAD
P.O. BOX 1615
WARREN, NJ 070611615
  X     Chairman, President and C.E.O.  

Signatures

 By: Patricia S. Tomczyk, POA   03/07/2005
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Represents 200% of the target performance share award, which is the maximum number of shares issuable under this award for the performance cycle ending December 31, 2007.
(2) Variable Pricing
(3) Restricted Stock Units generally cliff vest on the third anniversary of the grant date.
(4) Represents 200% of the target performance share award, which is the maximum number of shares issuable under this award for the performance cycle ending December 31, 2006.
(5) Restricted Stock Units generally cliff vest on the third anniversary of the grant date.
(6) The grant of 30,808 restricted stock units is a replacement for the 30,808 shares of restricted stock forfeited by Mr. Finnegan on 12/1/03. The restricted stock units vest on 12/2/04 and are payable on termination of employment.
(7) All Stock Options are granted in tandem with tax withholding rights.

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