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
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Form 13F Information Table Entry Total: 198
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Form 13F Information Table Value Total: $622,289
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(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
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TOTAL 622,289
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