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

                                    FORM 13F

                               FORM 13F COVER PAGE

Report for the Calendar Year or Quarter Ended:       December 31, 2003

Check here if Amendment [ ];  Amendment Number:
                                                   --------------------
  This Amendment  (Check only one.): [ ]  is a restatement.
                                     [ ]  adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:         The Chubb Corporation
Address:      15 Mountain View Road
              P. O. Box 1615
              Warren, NJ  07061-1615

Form 13F File Number:  28-327

The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:

Name:    Henry B. Schram
Title:   Senior Vice President and Chief Accounting Officer
Phone:   908-903-2301

Signature, Place, and Date of Signing:

/s/ Henry B. Schram              Warren, New Jersey            February 13, 2004
---------------------            ------------------           ------------------
[Signature]                        [City, State]                    [Date]

Report Type (Check only one.):

[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
are reported in this report.)

[ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all
holdings are reported by other reporting manager(s).)

[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this
reporting manager are reported in this report and a portion are reported by
other reporting manager(s).)

List of Other Managers Reporting for this Manager:   None

                              FORM 13F SUMMARY PAGE

Report Summary:



                                        
Number of Other Included Managers:                 2
                                            --------

Form 13F Information Table Entry Total:          198
                                            --------

Form 13F Information Table Value Total:     $622,289
                                            --------
                                           (thousands)



List of Other Included Managers:

Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.




   No.     Form 13F File Number        Name
                                 
   01      28 - 2490                   Federal Insurance Company

   02      28 - 2804                   Pacific Indemnity Company




 NAME OF REPORTING MANAGER THE CHUBB CORPORATION PERIOD ENDING DECEMBER 31, 2003

PAGE     1     FORM 13F      FILE NUMBER:     28  -  327




                                                                INVESTMENT DISCRETION            VOTING AUTHORITY
                                                                                                    (SHARES)

                                                 FAIR
                                                MARKET
                                                VALUE                        SHARED
NAME OF ISSUER               CLASS   CUSIP      (000)    SHARES  SOLE SHARED OTHERS MANAGER    SOLE   SHARED  NONE
--------------               -----   -----      ------   ------  ---- ------ ------ -------    ----   ------  ----
                                                                             
AMDOC'S LTD (DOX)            COM   G02602-10-3   2,023    90,000         X              1      90,000
AMDOC'S LTD (DOX)            COM   G02602-10-3     674    30,000         X              2      30,000
AXIS CAPITAL HOLDINGS LTD    COM   G0692U-10-9  65,044 2,221,446         X              1   2,221,446
GLOBALSANTAFE CORP           COM   G3930E-10-1   2,356    94,890         X              1      94,890
GLOBALSANTAFE CORP           COM   G3930E-10-1     372    15,000         X              2      15,000
WEATHERFORD INTL LTD         COM   G95089-10-1   2,160    60,000         X              1      60,000
ADC TELECOMMUNICATIONS       COM   000886-10-1     428   144,115         X              1     144,115
ADC TELECOMMUNICATIONS       COM   000886-10-1      89    30,000         X              2      30,000
AT&T WIRELESS SVCS INC       COM   00209A-10-6     400    50,000         X                     50,000
AT&T WIRELESS SVCS INC       COM   00209A-10-6     724    90,625         X              1      90,625
AT&T WIRELESS SVCS INC       COM   00209A-10-6     320    40,000         X              2      40,000
ADVANCED MICRO               COM   007903-10-7   1,842   123,635         X              1     123,635
ADVANCED MICRO               COM   007903-10-7     969    65,000         X              2      65,000
ALCOA INC                    COM   013817-10-1   3,040    80,000         X              1      80,000
ALCOA INC                    COM   013817-10-1     950    25,000         X              2      25,000
AMERADA HESS                 COM   023551-10-4   3,190    60,000         X              1      60,000
AMEREN CORPORATION           COM   023608-10-2   8,584   186,600         X              1     186,600
AMEREN CORPORATION           COM   023608-10-2   4,296    93,400         X              2      93,400
AMERICAN ELEC PWR            COM   025537-10-1   4,577   150,000         X                    150,000
AMERICAN ELEC PWR            COM   025537-10-1   5,339   175,000         X              1     175,000
AMERICAN ELEC PWR            COM   025537-10-1   3,051   100,000         X              2     100,000
AMERISOURCEBERGEN CORP       COM   03073E-10-5   2,808    50,000         X              1      50,000
BJ'S WHOLESALE CLUB INC      COM   05548J-10-6   1,518    66,100         X              1      66,100
BJ'S WHOLESALE CLUB INC      COM   05548J-10-6   1,010    44,000         X              2      44,000
BMC SOFTWARE INC             COM   055921-10-0   2,797   150,000         X              1     150,000
BANK OF AMERICA              COM   060505-10-4   3,217    40,000         X              1      40,000
BANK ONE CORP                COM   06423A-10-3   2,735    60,000         X              1      60,000
BARNES AND NOBLE             COM   067774-10-9   2,458    74,818         X              1      74,818
BARNES AND NOBLE             COM   067774-10-9     821    25,000         X              2      25,000
BELLSOUTH CORP               COM   079860-10-2     849    30,000         X                     30,000
BELLSOUTH CORP               COM   079860-10-2   3,679   130,000         X              1     130,000
BELLSOUTH CORP               COM   079860-10-2   5,943   210,000         X              2     210,000
BOWATER INC                  COM   102183-10-0   2,779    60,000         X              1      60,000
BRINKER INTL                 COM   109641-10-0   3,316   100,000         X              1     100,000
BRISTOL MYERS SQUIBB         COM   110122-10-8   3,561   124,500         X              1     124,500
CSX CORP                     COM   126408-10-3   2,221    61,800         X              1      61,800
CSX CORP                     COM   126408-10-3     359    10,000         X              2      10,000
CVS CORP                     COM   126650-10-0   1,318    36,500         X              1      36,500
CVS CORP                     COM   126650-10-0   1,571    43,500         X              2      43,500
CATERPILLAR INC -UK          COM   149123-10-1     606     8,800         X              1       8,800
CELESTICA INC                COM   15101Q-10-8   1,507   100,000         X              1     100,000
CELESTICA INC                COM   15101Q-10-8     603    40,000         X              2      40,000
CHEVRONTEXACO CORP           COM   166764-10-0  17,278   200,000         X              1     200,000
CINERGY CORP                 COM   172474-10-8   5,045   130,000         X                    130,000
CINERGY CORP                 COM   172474-10-8   4,855   125,100         X              1     125,100


 NAME OF REPORTING MANAGER THE CHUBB CORPORATION PERIOD ENDING DECEMBER 31, 2003

PAGE     2     FORM 13F      FILE NUMBER:     28  -  327




                                                                INVESTMENT DISCRETION            VOTING AUTHORITY
                                                                                                    (SHARES)

                                                 FAIR
                                                MARKET
                                                VALUE                        SHARED
NAME OF ISSUER               CLASS   CUSIP      (000)    SHARES  SOLE SHARED OTHERS MANAGER    SOLE   SHARED  NONE
--------------               -----   -----      ------   ------  ---- ------ ------ -------    ----   ------  ----
                                                                             
CINERGY CORP                 COM   172474-10-8   6,012   154,900         X              2     154,900
CISCO SYSTEMS INC            COM   17275R-10-2   2,392    98,731         X              1      98,731
CISCO SYSTEMS INC            COM   17275R-10-2     582    24,000         X              2      24,000
CITIGROUP INC                COM   172967-10-1     291     6,000         X                      6,000
CITIGROUP INC                COM   172967-10-1   2,136    44,000         X              1      44,000
CITIGROUP INC                COM   172967-10-1   1,942    40,000         X              2      40,000
COCA COLA ENTERPRISES        COM   191219-10-4   2,314   105,800         X              1     105,800
COCA COLA ENTERPRISES        COM   191219-10-4     656    30,000         X              2      30,000
COMCAST CORP NEW CL A SPL    COM   20030N-20-0   1,877    60,000         X              1      60,000
COMCAST CORP NEW CL A SPL    COM   20030N-20-0     939    30,000         X              2      30,000
CONSOLIDATED EDISON INC      COM   209115-10-4   2,151    50,000         X                     50,000
CONSOLIDATED EDISON INC      COM   209115-10-4   7,032   163,500         X              1     163,500
CONSOLIDATED EDISON INC      COM   209115-10-4   4,301   100,000         X              2     100,000
COSTCO WHOLESALE CORP        COM   22160K-10-5   2,788    75,000         X              1      75,000
DTE ENERGY COMPANY           COM   233331-10-7   5,910   150,000         X                    150,000
DTE ENERGY COMPANY           COM   233331-10-7   3,940   100,000         X              1     100,000
DTE ENERGY COMPANY           COM   233331-10-7   3,928    99,700         X              2      99,700
DARDEN RESTAURANTS INC       COM   237194-10-5   2,462   117,000         X              1     117,000
DARDEN RESTAURANTS INC       COM   237194-10-5     421    20,000         X              2      20,000
DOMINION RESOURCES INC/VA    COM   25746U-10-9   8,630   135,200         X              1     135,200
DOMINION RESOURCES INC/VA    COM   25746U-10-9   2,553    40,000         X              2      40,000
DU PONT E I DE NEMOURS & CO  COM   263534-10-9   2,753    60,000         X              1      60,000
ENSCO INTERNATIONAL INC      COM   26874Q-10-0   1,902    70,000         X              2      70,000
ENERGY EAST CORPORATION      COM   29266M-10-9   2,164    96,600         X                     96,600
ENERGY EAST CORPORATION      COM   29266M-10-9   9,280   414,300         X              1     414,300
ENERGY EAST CORPORATION      COM   29266M-10-9   3,707   165,500         X              2     165,500
FPL GROUP                    COM   302571-10-4   7,850   120,000         X              1     120,000
FPL GROUP                    COM   302571-10-4   3,271    50,000         X              2      50,000
FIRSTENERGY CORP             COM   337932-10-7   2,112    60,000         X                     60,000
FIRSTENERGY CORP             COM   337932-10-7   4,601   130,700         X              1     130,700
FIRSTENERGY CORP             COM   337932-10-7   4,727   134,300         X              2     134,300
GENERAL ELECTRIC             COM   369604-10-3   2,570    82,968         X              1      82,968
GENERAL ELECTRIC             COM   369604-10-3   2,169    70,000         X              2      70,000
HCA INC                      COM   404119-10-9   3,007    70,000         X              1      70,000
HARTFORD FINANCIAL SERVICES  COM   416515-10-4   2,361    40,000         X                     40,000
HEWLETT PACKARD              COM   428236-10-3   2,871   125,000         X              1     125,000
HEWLETT PACKARD              COM   428236-10-3     574    25,000         X              2      25,000
HOME DEPOT INC               COM   437076-10-2   1,065    30,000         X              1      30,000
HOME DEPOT INC               COM   437076-10-2   1,420    40,000         X              2      40,000
HONEYWELL INTERNATIONAL INC  COM   438516-10-6   1,066    31,878         X              1      31,878
HONEYWELL INTERNATIONAL INC  COM   438516-10-6   1,672    50,000         X              2      50,000
INTEL CORP                   COM   458140-10-0   1,923    60,000         X              1      60,000
INTEL CORP                   COM   458140-10-0   1,763    55,000         X              2      55,000
INTERNATIONAL BUSINESS MACHI COM   459200-10-1   2,317    25,000         X              1      25,000
JP MORGAN CHASE & CO         COM   46625H-10-0   2,204    60,000         X              1      60,000


 NAME OF REPORTING MANAGER THE CHUBB CORPORATION PERIOD ENDING DECEMBER 31, 2003

PAGE     3     FORM 13F      FILE NUMBER:     28  -  327




                                                                INVESTMENT DISCRETION            VOTING AUTHORITY
                                                                                                    (SHARES)

                                                 FAIR
                                                MARKET
                                                VALUE                        SHARED
NAME OF ISSUER               CLASS   CUSIP      (000)    SHARES  SOLE SHARED OTHERS MANAGER    SOLE   SHARED  NONE
--------------               -----   -----      ------   ------  ---- ------ ------ -------    ----   ------  ----
                                                                             
JP MORGAN CHASE & CO         COM   46625H-10-0   1,469    40,000         X              2      40,000
JOHNSON & JOHNSON            COM   478160-10-4   2,841    55,000         X              1      55,000
JONES APPAREL GROUP INC      COM   480074-10-3   2,466    70,000         X              1      70,000
KEYCORP                      COM   493267-10-8   2,199    75,000         X              1      75,000
KEYSPAN CORP                 COM   49337W-10-0   2,164    58,800         X                     58,800
KEYSPAN CORP                 COM   49337W-10-0   4,342   118,000         X              1     118,000
KEYSPAN CORP                 COM   49337W-10-0   5,152   140,000         X              2     140,000
LABORATORY CRP OF AMER HLDG  COM   50540R-40-9   2,291    62,000         X              1      62,000
LABORATORY CRP OF AMER HLDG  COM   50540R-40-9   1,035    28,000         X              2      28,000
LUCENT                       COM   549463-10-7     227    80,000         X                     80,000
LUCENT                       COM   549463-10-7     178    62,823         X              1      62,823
LUCENT                       COM   549463-10-7     142    50,000         X              2      50,000
MBNA CORP                    COM   55262L-10-0   1,545    62,157         X              1      62,157
MBNA CORP                    COM   55262L-10-0     746    30,000         X              2      30,000
MARCONI CORP ADR             COM   56630M-101      338    16,642         X              1      16,642
MCKESSON CORP                COM   58155Q-10-3   2,412    75,000         X              1      75,000
MCKESSON CORP                COM   58155Q-10-3     643    20,000         X              2      20,000
MERCK & CO                   COM   589331-10-7   1,617    35,000         X              1      35,000
MERCK & CO                   COM   589331-10-7     462    10,000         X              2      10,000
MERRILL LYNCH & CO           COM   590188-10-8   3,226    55,000         X              1      55,000
MICROSOFT CORP               COM   594918-10-4   2,737   100,000         X              1     100,000
MICROSOFT CORP               COM   594918-10-4   2,190    80,000         X              2      80,000
NATIONAL CITY CORP           COM   635405-10-3   2,376    70,000         X                     70,000
NATIONAL CITY CORP           COM   635405-10-3   6,404   188,700         X              1     188,700
NATIONAL CITY CORP           COM   635405-10-3   2,885    85,000         X              2      85,000
NATIONAL-OILWELL             COM   637071-10-1   1,268    56,700         X              1      56,700
NATIONAL-OILWELL             COM   637071-10-1     559    25,000         X              2      25,000
NISOURCE INC                 COM   65473P-10-5   7,352   335,100         X              1     335,100
NISOURCE INC                 COM   65473P-10-5   5,812   264,900         X              2     264,900
NOKIA OXJ                    COM   654902-20-4     875    51,494         X              1      51,494
NOKIA OXJ                    COM   654902-20-4   1,465    86,200         X              2      86,200
NORFOLK SOUTHERN CORPORATION COM   655844-10-8   2,129    90,000         X              1      90,000
NORFOLK SOUTHERN CORPORATION COM   655844-10-8   1,419    60,000         X              2      60,000
NORTEL NETWORKS CORP         COM   656568-10-2   1,050   248,255         X              1     248,255
NORTEL NETWORKS CORP         COM   656568-10-2     212    50,000         X              2      50,000
NORTHROP GRUMMAN CORP        COM   666807-10-2   3,824    40,000         X              1      40,000
NSTAR                        COM   67019E-10-7     742    15,300         X                     15,300
NSTAR                        COM   67019E-10-7   8,706   179,500         X              1     179,500
NSTAR                        COM   67019E-10-7   4,123    85,000         X              2      85,000
OFFICE DEPOT INC             COM   676220-10-6   1,639    98,100         X              1      98,100
OFFICE DEPOT INC             COM   676220-10-6   1,034    61,900         X              2      61,900
ORACLE CORP                  COM   68389X-10-5     662    50,000         X                     50,000
ORACLE CORP                  COM   68389X-10-5     794    60,000         X              1      60,000
ORACLE CORP                  COM   68389X-10-5   1,058    80,000         X              2      80,000
ORTHODONTIC CENTERS          COM   68750P-10-3     362    45,000         X              1      45,000


 NAME OF REPORTING MANAGER THE CHUBB CORPORATION PERIOD ENDING DECEMBER 31, 2003

PAGE     4     FORM 13F      FILE NUMBER:     28  -  327




                                                                INVESTMENT DISCRETION            VOTING AUTHORITY
                                                                                                    (SHARES)

                                                 FAIR
                                                MARKET
                                                VALUE                        SHARED
NAME OF ISSUER               CLASS   CUSIP      (000)    SHARES  SOLE SHARED OTHERS MANAGER    SOLE   SHARED  NONE
--------------               -----   -----      ------   ------  ---- ------ ------ -------    ----   ------  ----
                                                                             
ORTHODONTIC CENTERS          COM   68750P-10-3     362    45,000         X              2      45,000
PNC FINANCIAL                COM   693475-10-5   1,642    30,000         X                     30,000
PNC FINANCIAL                COM   693475-10-5   8,757   160,000         X              1     160,000
PNC FINANCIAL                COM   693475-10-5   2,737    50,000         X              2      50,000
PPL CORPORATION              COM   69351T-10-6   4,813   110,000         X              1     110,000
PPL CORPORATION              COM   69351T-10-6   3,938    90,000         X              2      90,000
PEPCO HOLDINGS INC           COM   713291-10-2   1,954   100,000         X                    100,000
PEPCO HOLDINGS INC           COM   713291-10-2   6,401   327,600         X              1     327,600
PEPCO HOLDINGS INC           COM   713291-10-2   5,678   290,600         X              2     290,600
PEPSI BOTTLING GROUP INC     COM   713409-10-0   2,418   100,000         X              1     100,000
PEPSI BOTTLING GROUP INC     COM   713409-10-0     725    30,000         X              2      30,000
PEPSICO                      COM   713448-10-8   2,331    50,000         X              1      50,000
PFIZER INC                   COM   717081-10-3   3,180    90,000         X              1      90,000
PFIZER INC                   COM   717081-10-3   1,590    45,000         X              2      45,000
PINNACLE WEST CAPITAL        COM   723484-10-1   2,001    50,000         X                     50,000
PINNACLE WEST CAPITAL        COM   723484-10-1  10,405   260,000         X              1     260,000
PINNACLE WEST CAPITAL        COM   723484-10-1   2,801    70,000         X              2      70,000
PITNEY BOWES INC             COM   724479-10-0   3,046    75,000         X              1      75,000
PROGRESS ENERGY INC          COM   743263-10-5     905    20,000         X                     20,000
PROGRESS ENERGY INC          COM   743263-10-5   7,341   162,200         X              1     162,200
PROGRESS ENERGY INC          COM   743263-10-5   5,902   130,400         X              2     130,400
PUBLIC SVC ENTERPRISE GROUP  COM   744573-10-6   4,380   100,000         X                    100,000
PUBLIC SVC ENTERPRISE GROUP  COM   744573-10-6   2,190    50,000         X              1      50,000
PUBLIC SVC ENTERPRISE GROUP  COM   744573-10-6   8,760   200,000         X              2     200,000
QUEST DIAGNOSTICS INC        COM   74834L-10-0   3,655    50,000         X              1      50,000
RAYTHEON COMPANY             COM   755111-50-7   3,004   100,000         X              1     100,000
RAYTHEON COMPANY             COM   755111-50-7     601    20,000         X              2      20,000
SBC COMMUNICATIONS INC       COM   78387G-10-3   2,607   100,000         X                    100,000
SBC COMMUNICATIONS INC       COM   78387G-10-3   5,475   210,000         X              1     210,000
SBC COMMUNICATIONS INC       COM   78387G-10-3   9,907   380,000         X              2     380,000
SARA LEE CORP                COM   803111-10-3   2,171   100,000         X              1     100,000
SARA LEE CORP                COM   803111-10-3     651    30,000         X              2      30,000
SCANA CORP                   COM   80589M-10-2   2,593    75,700         X                     75,700
SCANA CORP                   COM   80589M-10-2   7,121   207,900         X              2     207,900
SOUTHERN CO                  COM   842587-10-7   2,087    69,000         X                     69,000
SOUTHERN CO                  COM   842587-10-7   6,625   219,000         X              1     219,000
SOUTHERN CO                  COM   842587-10-7   3,388   112,000         X              2     112,000
STAGE STORES                 COM   85254C-30-5     219     7,842         X                      7,842
TAIWAN SEMICONDUCTOR         COM   874039-10-0   2,048   200,000         X              1     200,000
TENET HEALTHCARE CORP        COM   88033G-10-0     321    20,000         X              1      20,000
TENET HEALTHCARE CORP        COM   88033G-10-0   1,766   110,000         X              2     110,000
TEXTRON INC                  COM   883203-10-1   3,424    60,000         X              1      60,000
TIME WARNER INC              COM   887317-10-5   1,320    73,375         X              1      73,375
TRAVELERS PROPERTY CASUALTY  COM   89420G-10-9     676    40,259         X                     40,259
TRAVELERS PROPERTY CASUALTY  COM   89420G-10-9   1,710   101,900         X              1     101,900


 NAME OF REPORTING MANAGER THE CHUBB CORPORATION PERIOD ENDING DECEMBER 31, 2003

PAGE     5     FORM 13F      FILE NUMBER:     28  -  327




                                                                INVESTMENT DISCRETION            VOTING AUTHORITY
                                                                                                    (SHARES)

                                                 FAIR
                                                MARKET
                                                VALUE                        SHARED
NAME OF ISSUER               CLASS   CUSIP      (000)    SHARES  SOLE SHARED OTHERS MANAGER    SOLE   SHARED  NONE
--------------               -----   -----      ------   ------  ---- ------ ------ -------    ----   ------  ----
                                                                             
TRAVELERS PROPERTY CASUALTY  COM   89420G-10-9     518    30,864         X              2      30,864
TYCO INTERNATIONAL           COM   902124-10-6   3,180   120,000         X              1     120,000
US BANCORP                   COM   902973-30-4   2,978   100,000         X              1     100,000
US BANCORP                   COM   902973-30-4     893    30,000         X              2      30,000
USI HOLDINGS CORP            COM   90333H-10-1   4,881   374,028         X                    374,028
UNITED GLOBAL COM            COM   913247-50-8   1,857   219,040         X              1     219,040
VERIZON COMMUNICATIONS       COM   92343V-10-4     877    25,000         X                     25,000
VERIZON COMMUNICATIONS       COM   92343V-10-4   6,455   184,000         X              1     184,000
VERIZON COMMUNICATIONS       COM   92343V-10-4   7,542   215,000         X              2     215,000
VIACOM INC-CL B              COM   925524-30-8   3,107    70,000         X              1      70,000
WACHOVIA CORP                COM   929903-10-2   2,562    55,000         X              1      55,000
WASTE MANAGEMENT INC         COM   94106L-10-9   2,960   100,000         X              1     100,000
WELLS FARGO & COMPANY        COM   949746-10-1   3,533    60,000         X              1      60,000
WILMINGTON TRUST CORP        COM   971807-10-2   2,246    62,400         X                     62,400
WILMINGTON TRUST CORP        COM   971807-10-2   4,327   120,200         X              1     120,200
WILMINGTON TRUST CORP        COM   971807-10-2   3,704   102,900         X              2     102,900
WYETH US                     COM   983024-10-0   1,698    40,000         X              1      40,000
ZIMMER HOLDINGS INC          COM   98956P-10-2     285     4,050         X              1       4,050
                                               -------
                                   TOTAL       622,289
                                               =======