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 =======