UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2005 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 May 12, 2005 -------------------------- -------------------------- ----------------------- [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: 254 --- Form 13F Information Table Value Total: $1,024,350 ---------- (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 MARCH 31, 2005 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 -------------- ----- ----- ----------- ------ ---- ------ ------ ------- ---- ------ ---- XL CAPITAL LTD CLASS A COM G98255-10-5 2 33 X 33 XL CAPITAL LTD CLASS A COM G98255-10-5 5,790 80,000 X 1 80,000 AGCO CORP COM 001084-10-2 4,015 220,000 X 1 220,000 AGCO CORP COM 001084-10-2 1,825 100,000 X 2 100,000 AGILENT TECHNOLOGIES COM 00846U-10-1 5,550 250,000 X 1 250,000 ALCOA INC COM 013817-10-1 6,078 200,000 X 1 200,000 AMEREN CORPORATION COM 023608-10-2 9,145 186,600 X 1 186,600 AMEREN CORPORATION COM 023608-10-2 4,578 93,400 X 2 93,400 AMERICAN ELEC PWR COM 025537-10-1 5,109 150,000 X 150,000 AMERICAN ELEC PWR COM 025537-10-1 5,961 175,000 X 1 175,000 AMERICAN ELEC PWR COM 025537-10-1 3,406 100,000 X 2 100,000 AMGEN INC COM 031162-10-0 5,821 100,000 X 2 100,000 APPLIED MATERIALS COM 038222-10-5 3,260 200,600 X 1 200,600 ATMOS ENERGY CORP COM 049560-10-5 1,890 70,000 X 1 70,000 ATMOS ENERGY CORP COM 049560-10-5 14,850 550,000 X 2 550,000 AVERY DENNISON CORP COM 053611-10-9 6,812 110,000 X 1 110,000 BJ'S WHOLESALE CLUB INC COM 05548J-10-6 3,295 106,100 X 1 106,100 BJ'S WHOLESALE CLUB INC COM 05548J-10-6 2,298 74,000 X 2 74,000 BMC SOFTWARE INC COM 055921-10-0 2,250 150,000 X 1 150,000 BMC SOFTWARE INC COM 055921-10-0 900 60,000 X 2 60,000 BANK OF AMERICA COM 060505-10-4 882 20,000 X 20,000 BANK OF AMERICA COM 060505-10-4 4,410 100,000 X 1 100,000 BARR PHARMACEUTICALS INC COM 068306-10-9 6,836 140,000 X 2 140,000 BAXTER INTERNATIONAL INC COM 071813-10-9 6,456 190,000 X 1 190,000 BOWATER INC COM 102183-10-0 5,272 140,000 X 1 140,000 BOWATER INC COM 102183-10-0 942 25,000 X 2 25,000 BRINKER INTL COM 109641-10-0 5,795 160,000 X 1 160,000 BRISTOL MYERS SQUIBB COM 110122-10-8 4,837 190,000 X 1 190,000 BRISTOL MYERS SQUIBB COM 110122-10-8 7,638 300,000 X 2 300,000 CSX CORP COM 126408-10-3 4,582 110,000 X 1 110,000 CSX CORP COM 126408-10-3 1,666 40,000 X 2 40,000 CVS CORP COM 126650-10-0 3,236 61,500 X 1 61,500 CVS CORP COM 126650-10-0 3,604 68,500 X 2 68,500 CATERPILLAR INC -UK COM 149123-10-1 858 8,800 X 1 8,800 CELESTICA INC COM 15101Q-10-8 4,999 370,000 X 1 370,000 CELESTICA INC COM 15101Q-10-8 1,351 100,000 X 2 100,000 CENTURYTEL INC COM 156700-10-6 5,254 160,000 X 2 160,000 CHEVRONTEXACO CORP COM 166764-10-0 11,662 200,000 X 1 200,000 CINERGY CORP COM 172474-10-8 5,268 130,000 X 130,000 CINERGY CORP COM 172474-10-8 5,069 125,100 X 1 125,100 CINERGY CORP COM 172474-10-8 6,277 154,900 X 2 154,900 CISCO SYSTEMS INC COM 17275R-10-2 2,254 126,000 X 1 126,000 CISCO SYSTEMS INC COM 17275R-10-2 429 24,000 X 2 24,000 CITIGROUP INC COM 172967-10-1 270 6,000 X 6,000 CITIGROUP INC COM 172967-10-1 6,921 154,000 X 1 154,000 NAME OF REPORTING MANAGER THE CHUBB CORPORATION PERIOD ENDING MARCH 31, 2005 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 -------------- ----- ----- ----------- ------ ---- ------ ------ ------- ---- ------ ---- CITIGROUP INC COM 172967-10-1 1,798 40,000 X 2 40,000 COCA COLA ENTERPRISES COM 191219-10-4 2,171 105,800 X 1 105,800 COCA COLA ENTERPRISES COM 191219-10-4 616 30,000 X 2 30,000 COLGATE PALMOLIVE COM 194162-10-3 6,260 120,000 X 1 120,000 COMCAST CORP-CL A COM 20030N-10-1 1,013 30,000 X 2 30,000 COMCAST CORP NEW CL A SPL COM 20030N-20-0 2,006 60,000 X 1 60,000 COMCAST CORP NEW CL A SPL COM 20030N-20-0 1,003 30,000 X 2 30,000 COMERICA INC COM 200340-10-7 4,406 80,000 X 1 80,000 COMERICA INC COM 200340-10-7 1,102 20,000 X 2 20,000 COMMUNITY HEALTH SYSTEMS INC COM 203668-10-8 8,727 250,000 X 1 250,000 CONSECO INC PREF 208464-86-7 382 14,400 X 1 14,400 CONSOL ENERGY INC COM 20854P-10-9 6,404 136,200 X 1 136,200 CONSOLIDATED EDISON INC COM 209115-10-4 2,109 50,000 X 50,000 CONSOLIDATED EDISON INC COM 209115-10-4 6,896 163,500 X 1 163,500 CONSOLIDATED EDISON INC COM 209115-10-4 4,218 100,000 X 2 100,000 COOPER TIRE COM 216831-10-7 459 25,000 X 1 25,000 COOPER TIRE COM 216831-10-7 3,397 185,000 X 2 185,000 COTT CORPORATION COM 22163N-10-6 6,300 260,000 X 1 260,000 COUNTRYWIDE FINANCIAL CORP COM 222372-10-4 3,895 120,000 X 1 120,000 CONVENTRY HEALTH CARE INC COM 222862-10-4 366 5,373 X 5,373 CONVENTRY HEALTH CARE INC COM 222862-10-4 2,807 41,194 X 1 41,194 CONVENTRY HEALTH CARE INC COM 222862-10-4 610 8,955 X 2 8,955 DPL INC COM 233293-10-9 7,594 303,755 X 1 303,755 DPL INC COM 233293-10-9 5,906 236,245 X 2 236,245 DTE ENERGY COMPANY COM 233331-10-7 6,822 150,000 X 150,000 DTE ENERGY COMPANY COM 233331-10-7 4,548 100,000 X 1 100,000 DTE ENERGY COMPANY COM 233331-10-7 4,534 99,700 X 2 99,700 DEAN FOODS CO COM 242370-10-4 5,488 160,000 X 1 160,000 DEAN FOODS CO COM 242370-10-4 1,029 30,000 X 2 30,000 DEVON ENERGY CORPORATION COM 25179M-10-3 4,774 100,000 X 100,000 DEVON ENERGY CORPORATION COM 25179M-10-3 3,343 70,000 X 1 70,000 DIRECTV GROUP INC/THE COM 25459L-10-6 2,163 150,000 X 1 150,000 DIRECTV GROUP INC/THE COM 25459L-10-6 2,163 150,000 X 2 150,000 DOLLAR TREE STORES INC COM 256747-10-6 6,895 240,000 X 1 240,000 DOMINION RESOURCES INC/VA COM 25746U-10-9 10,063 135,200 X 1 135,200 DOMINION RESOURCES INC/VA COM 25746U-10-9 2,977 40,000 X 2 40,000 EL PASO CORP COM 28336L-10-9 5,290 500,000 X 1 500,000 ENERGY EAST CORPORATION COM 29266M-10-9 2,533 96,600 X 96,600 ENERGY EAST CORPORATION COM 29266M-10-9 8,503 324,300 X 1 324,300 ENERGY EAST CORPORATION COM 29266M-10-9 4,339 165,500 X 2 165,500 ENGELHARD CORP COM 292845-10-4 3,327 110,800 X 1 110,800 FPL GROUP COM 302571-10-4 9,636 240,000 X 1 240,000 FPL GROUP COM 302571-10-4 4,015 100,000 X 2 100,000 FISERVE INC COM 337738-10-8 3,980 100,000 X 1 100,000 FISERVE INC COM 337738-10-8 2,189 55,000 X 2 55,000 NAME OF REPORTING MANAGER THE CHUBB CORPORATION PERIOD ENDING MARCH 31, 2005 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 -------------- ----- ----- ----------- ------ ---- ------ ------ ------- ---- ------ ---- FIRSTENERGY CORP COM 337932-10-7 2,517 60,000 X 60,000 FIRSTENERGY CORP COM 337932-10-7 5,483 130,700 X 1 130,700 FIRSTENERGY CORP COM 337932-10-7 5,634 134,300 X 2 134,300 GENERAL ELECTRIC COM 369604-10-3 6,851 190,000 X 1 190,000 GENERAL ELECTRIC COM 369604-10-3 2,524 70,000 X 2 70,000 GENERAL MILLS INC COM 370334-10-4 5,898 120,000 X 2 120,000 GENWORTH FINANCIAL INC-CL A COM 37247D-10-6 5,504 200,000 X 1 200,000 GENWORTH FINANCIAL INC-CL A COM 37247D-10-6 1,101 40,000 X 2 40,000 GREAT PLAINS ENERGY INC COM 391164-10-0 7,205 235,600 X 1 235,600 GREAT PLAINS ENERGY INC COM 391164-10-0 5,244 171,500 X 2 171,500 HCA INC COM 404119-10-9 8,303 155,000 X 1 155,000 HARTFORD FINANCIAL SERVICES COM 416515-10-4 2,742 40,000 X 40,000 HARTFORD FINANCIAL SERVICES COM 416515-10-4 2,742 40,000 X 1 40,000 HJ HEINZ CO COM 423074-10-3 5,526 150,000 X 1 150,000 HEWLETT PACKARD COM 428236-10-3 3,401 155,000 X 1 155,000 HEWLETT PACKARD COM 428236-10-3 3,181 145,000 X 2 145,000 HONEYWELL INTERNATIONAL INC COM 438516-10-6 3,084 82,878 X 1 82,878 HONEYWELL INTERNATIONAL INC COM 438516-10-6 1,861 50,000 X 2 50,000 INCO LTD COM 453258-40-2 1,990 50,000 X 1 50,000 INCO LTD COM 453258-40-2 5,572 140,000 X 2 140,000 INTEL CORP COM 458140-10-0 1,394 60,000 X 1 60,000 INTEL CORP COM 458140-10-0 2,323 100,000 X 2 100,000 INTERNATIONAL PAPER CO COM 460146-10-3 5,886 160,000 X 1 160,000 INTERPUBLIC GROUP OF COS INC COM 460690-10-0 5,121 417,000 X 1 417,000 INTERPUBLIC GROUP OF COS INC COM 460690-10-0 1,019 83,000 X 2 83,000 IVAX CORP COM 465823-10-2 1,784 90,250 X 90,250 IVAX CORP COM 465823-10-2 5,280 267,050 X 1 267,050 JP MORGAN CHASE & CO COM 46625H-10-0 1,605 46,400 X 46,400 JP MORGAN CHASE & CO COM 46625H-10-0 4,816 139,200 X 1 139,200 JP MORGAN CHASE & CO COM 46625H-10-0 1,384 40,000 X 2 40,000 JONES APPAREL GROUP INC COM 480074-10-3 6,035 180,200 X 1 180,200 KEYSPAN CORP COM 49337W-10-0 2,291 58,800 X 58,800 KEYSPAN CORP COM 49337W-10-0 6,937 178,000 X 1 178,000 KEYSPAN CORP COM 49337W-10-0 5,456 140,000 X 2 140,000 LABORATORY CRP OF AMER HLDG COM 50540R-40-9 5,398 112,000 X 1 112,000 LABORATORY CRP OF AMER HLDG COM 50540R-40-9 1,350 28,000 X 2 28,000 LIZ CLAIBORNE INC COM 539320-10-1 4,013 100,000 X 1 100,000 LIZ CLAIBORNE INC COM 539320-10-1 2,408 60,000 X 2 60,000 LUBRIZOL CORP COM 549271-10-4 6,909 170,000 X 1 170,000 MEMC ELECTRONIC MATERIAL COM 552715-10-4 6,724 500,000 X 1 500,000 MEMC ELECTRONIC MATERIAL COM 552715-10-4 673 50,000 X 2 50,000 MANOR CARE INC COM 564055-10-1 4,363 120,000 X 1 120,000 MANOR CARE INC COM 564055-10-1 2,182 60,000 X 2 60,000 MANULIFE FINANCIAL SERVICE COM 56501R-10-6 2,749 57,367 X 57,367 MARATHON OIL CORP COM 565849-10-6 7,273 155,000 X 1 155,000 NAME OF REPORTING MANAGER THE CHUBB CORPORATION PERIOD ENDING MARCH 31, 2005 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 -------------- ----- ----- ----------- ------ ---- ------ ------ ------- ---- ------ ---- MCDONALDS CORP COM 580135-10-1 2,395 76,900 X 1 76,900 MCDONALDS CORP COM 580135-10-1 3,833 123,100 X 2 123,100 MEDCO HEALTH SOLUTIONS INC COM 58405U-10-2 3,966 80,000 X 1 80,000 MEDCO HEALTH SOLUTIONS INC COM 58405U-10-2 1,983 40,000 X 2 40,000 MERRILL LYNCH & CO COM 590188-10-8 5,094 90,000 X 1 90,000 MERRILL LYNCH & CO COM 590188-10-8 566 10,000 X 2 10,000 MICROSOFT CORP COM 594918-10-4 967 40,000 X 40,000 MICROSOFT CORP COM 594918-10-4 15,469 640,000 X 1 640,000 MICROSOFT CORP COM 594918-10-4 2,900 120,000 X 2 120,000 MORGAN STANLEY DEAN WITTER COM 617446-44-8 6,297 110,000 X 1 110,000 MOTOROLA INC COM 620076-10-9 4,376 292,300 X 1 292,300 NBTY INC COM 628782-10-4 5,771 230,000 X 1 230,000 NATIONAL CITY CORP COM 635405-10-3 3,976 118,700 X 1 118,700 NATIONAL CITY CORP COM 635405-10-3 2,848 85,000 X 2 85,000 NATIONAL SEMICONDUCTOR CORP COM 637640-10-3 4,411 214,000 X 1 214,000 NATIONAL SEMICONDUCTOR CORP COM 637640-10-3 1,031 50,000 X 2 50,000 NEWELL RUBBERMAID INC COM 651229-10-6 3,080 140,400 X 1 140,400 NEWELL RUBBERMAID INC COM 651229-10-6 2,624 119,600 X 2 119,600 NEWTEK BUSINESS SERVICES INC COM 652526-10-4 7 2,000 X 2,000 NEWTEK BUSINESS SERVICES INC COM 652526-10-4 129 34,500 X 1 34,500 NISOURCE INC COM 65473P-10-5 7,637 335,100 X 1 335,100 NISOURCE INC COM 65473P-10-5 6,037 264,900 X 2 264,900 NOKIA OXJ COM 654902-20-4 498 32,306 X 32,306 NOKIA OXJ COM 654902-20-4 795 51,494 X 1 51,494 NOKIA OXJ COM 654902-20-4 1,330 86,200 X 2 86,200 NORFOLK SOUTHERN CORPORATION COM 655844-10-8 4,817 130,000 X 1 130,000 NORFOLK SOUTHERN CORPORATION COM 655844-10-8 3,335 90,000 X 2 90,000 NORTHROP GRUMMAN CORP COM 666807-10-2 7,017 130,000 X 1 130,000 NSTAR COM 67019E-10-7 831 15,300 X 15,300 NSTAR COM 67019E-10-7 9,747 179,500 X 1 179,500 NSTAR COM 67019E-10-7 4,616 85,000 X 2 85,000 OGE ENERGY CORP COM 670837-10-3 943 35,000 X 35,000 OGE ENERGY CORP COM 670837-10-3 5,274 195,700 X 1 195,700 OGE ENERGY CORP COM 670837-10-3 6,578 244,100 X 2 244,100 OFFICE DEPOT INC COM 676220-10-6 4,137 186,500 X 1 186,500 OFFICE DEPOT INC COM 676220-10-6 2,260 101,900 X 2 101,900 OMNICARE INC COM 681904-10-8 4,786 135,000 X 1 135,000 OMNICARE INC COM 681904-10-8 2,304 65,000 X 2 65,000 ORACLE CORP COM 68389X-10-5 624 50,000 X 50,000 ORACLE CORP COM 68389X-10-5 1,997 160,000 X 1 160,000 ORACLE CORP COM 68389X-10-5 998 80,000 X 2 80,000 PNC FINANCIAL COM 693475-10-5 3,604 70,000 X 70,000 PNC FINANCIAL COM 693475-10-5 8,237 160,000 X 1 160,000 PNC FINANCIAL COM 693475-10-5 2,574 50,000 X 2 50,000 PPL CORPORATION COM 69351T-10-6 5,939 110,000 X 1 110,000 NAME OF REPORTING MANAGER THE CHUBB CORPORATION PERIOD ENDING MARCH 31, 2005 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 -------------- ----- ----- ----------- ------ ---- ------ ------ ------- ---- ------ ---- PPL CORPORATION COM 69351T-10-6 4,859 90,000 X 2 90,000 PEPCO HOLDINGS INC COM 713291-10-2 2,099 100,000 X 100,000 PEPCO HOLDINGS INC COM 713291-10-2 6,876 327,600 X 1 327,600 PEPCO HOLDINGS INC COM 713291-10-2 6,100 290,600 X 2 290,600 PFIZER INC COM 717081-10-3 3,678 140,000 X 1 140,000 PFIZER INC COM 717081-10-3 2,102 80,000 X 2 80,000 PINNACLE WEST CAPITAL COM 723484-10-1 2,126 50,000 X 50,000 PINNACLE WEST CAPITAL COM 723484-10-1 11,053 260,000 X 1 260,000 PINNACLE WEST CAPITAL COM 723484-10-1 2,976 70,000 X 2 70,000 PRIDE INTERNATIONAL INC COM 74153Q-10-2 2,732 110,000 X 1 110,000 PRIDE INTERNATIONAL INC COM 74153Q-10-2 2,981 120,000 X 2 120,000 PROGRESS ENERGY INC COM 743263-10-5 839 20,000 X 20,000 PROGRESS ENERGY INC COM 743263-10-5 6,804 162,200 X 1 162,200 PROGRESS ENERGY INC COM 743263-10-5 5,470 130,400 X 2 130,400 PUBLIC SVC ENTERPRISE GROUP COM 744573-10-6 5,439 100,000 X 100,000 PUBLIC SVC ENTERPRISE GROUP COM 744573-10-6 2,720 50,000 X 1 50,000 PUBLIC SVC ENTERPRISE GROUP COM 744573-10-6 10,877 200,000 X 2 200,000 PUGET ENERGY INC COM 745310-10-2 5,830 264,500 X 1 264,500 PUGET ENERGY INC COM 745310-10-2 4,252 192,900 X 2 192,900 ROWAN COMPANIES INC COM 779382-10-0 3,891 130,000 X 1 130,000 ROYAL DUTCH PETRO-NY SHARES COM 780257-80-4 6,004 100,000 X 1 100,000 SBC COMMUNICATIONS INC COM 78387G-10-3 2,369 100,000 X 100,000 SBC COMMUNICATIONS INC COM 78387G-10-3 4,975 210,000 X 1 210,000 SBC COMMUNICATIONS INC COM 78387G-10-3 9,002 380,000 X 2 380,000 ST PAUL TRAVELERS COMPANIES COM 792860-10-8 649 17,678 X 17,678 ST PAUL TRAVELERS COMPANIES COM 792860-10-8 4,058 110,481 X 1 110,481 ST PAUL TRAVELERS COMPANIES COM 792860-10-8 1,904 51,841 X 2 51,841 SANMINA CORP COM 800907-10-7 5,220 1,000,000 X 1 1,000,000 SANMINA CORP COM 800907-10-7 1,044 200,000 X 2 200,000 SARA LEE CORP COM 803111-10-3 665 30,000 X 30,000 SARA LEE CORP COM 803111-10-3 2,216 100,000 X 1 100,000 SARA LEE CORP COM 803111-10-3 1,551 70,000 X 2 70,000 SCANA CORP COM 80589M-10-2 2,893 75,700 X 75,700 SCANA CORP COM 80589M-10-2 4,449 116,400 X 1 116,400 SCANA CORP COM 80589M-10-2 7,946 207,900 X 2 207,900 SOUTHERN CO COM 842587-10-7 2,196 69,000 X 69,000 SOUTHERN CO COM 842587-10-7 6,971 219,000 X 1 219,000 SOUTHERN CO COM 842587-10-7 3,565 112,000 X 2 112,000 STAGE STORES COM 85254C-30-5 301 7,842 X 7,842 STANLEY WORKS/THE COM 854616-10-9 4,527 100,000 X 1 100,000 TEVA PHARMACEUTICAL-SP ADR COM 881624-20-9 5,578 180,000 X 1 180,000 TEVA PHARMACEUTICAL-SP ADR COM 881624-20-9 1,240 40,000 X 2 40,000 TIME WARNER INC COM 887317-10-5 878 50,000 X 50,000 TIME WARNER INC COM 887317-10-5 4,739 270,000 X 1 270,000 TRIAD HOSPITALS INC COM 89579K-10-9 8,016 160,000 X 1 160,000 NAME OF REPORTING MANAGER THE CHUBB CORPORATION PERIOD ENDING MARCH 31, 2005 PAGE 6 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 -------------- ----- ----- ----------- ------ ---- ------ ------ ------- ---- ------ ---- TYCO INTERNATIONAL COM 902124-10-6 4,056 120,000 X 1 120,000 TYSON FOODS INC-CL A COM 902494-10-3 4,464 267,600 X 1 267,600 TYSON FOODS INC-CL A COM 902494-10-3 1,541 92,400 X 2 92,400 US BANCORP COM 902973-30-4 1,729 60,000 X 1 60,000 US BANCORP COM 902973-30-4 2,306 80,000 X 2 80,000 UNION PACIFIC CORP COM 907818-10-8 7,318 105,000 X 1 105,000 UNITED GLOBAL COM COM 913247-50-8 1,934 204,459 X 1 204,459 UNUMPROVIDENT CORP COM 91529Y-10-6 5,957 350,000 X 1 350,000 VERIZON COMMUNICATIONS COM 92343V-10-4 888 25,000 X 25,000 VERIZON COMMUNICATIONS COM 92343V-10-4 6,532 184,000 X 1 184,000 VERIZON COMMUNICATIONS COM 92343V-10-4 9,053 255,000 X 2 255,000 VIACOM INC-CL B COM 925524-30-8 4,876 140,000 X 1 140,000 WACHOVIA CORP COM 929903-10-2 5,091 100,000 X 1 100,000 WASHINGTON MUTUAL INC COM 939322-10-3 4,345 110,000 X 1 110,000 WASTE MANAGEMENT INC COM 94106L-10-9 4,328 150,000 X 1 150,000 WASTE MANAGEMENT INC COM 94106L-10-9 2,020 70,000 X 2 70,000 WATSON PHARMACEUTICALS COM 942683-10-3 4,610 150,000 X 1 150,000 WATSON PHARMACEUTICALS COM 942683-10-3 1,537 50,000 X 2 50,000 WESTERN DIGITAL CORP COM 958102-10-5 5,058 396,700 X 1 396,700 WESTERN DIGITAL CORP COM 958102-10-5 1,317 103,300 X 2 103,300 WILMINGTON TRUST CORP COM 971807-10-2 2,190 62,400 X 62,400 WILMINGTON TRUST CORP COM 971807-10-2 4,219 120,200 X 1 120,200 WILMINGTON TRUST CORP COM 971807-10-2 3,043 86,700 X 2 86,700 WYETH US COM 983024-10-0 844 20,000 X 20,000 WYETH US COM 983024-10-0 3,585 85,000 X 1 85,000 WYETH US COM 983024-10-0 2,742 65,000 X 2 65,000 XCEL ENERGY INC COM 98389B-10-0 7,301 425,000 X 425,000 XCEL ENERGY INC COM 98389B-10-0 5,458 317,700 X 1 317,700 ZIMMER HOLDINGS INC COM 98956P-10-2 315 4,050 X 1 4,050 --------- 1,024,350 =========