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, 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 May 14, 2003
---------------------------- ------------------ ------------
[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: 1
-
Form 13F Information Table Entry Total: 195
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Form 13F Information Table Value Total: $349,493
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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
NAME OF REPORTING MANAGER THE CHUBB CORPORATION PERIOD ENDING MARCH 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
-------------- ----- ----- ----------- ------ ---- ------ ------ ------- ---- ------ ----
GLOBALSANTAFE CORP COM G3930E-10-1 310 15,000 X 15,000
GLOBALSANTAFE CORP COM G3930E-10-1 1,959 94,890 X 1 94,890
PLATINUM UNDERWRITERS COM G7127P-10-0 234 9,200 X 1 9,200
TRANSOCEAN SEDCO FOREX INC COM G90078-10-9 818 40,000 X 40,000
TRANSOCEAN SEDCO FOREX INC COM G90078-10-9 1,227 60,000 X 1 60,000
WEATHERFORD INTL LTD COM G95089-10-1 1,889 50,000 X 50,000
FLEXTRONICS INT'L COM Y2573F-10-2 523 60,000 X 60,000
FLEXTRONICS INT'L COM Y2573F-10-2 859 98,500 X 1 98,500
ADC TELECOMMUNICATIONS COM 000886-10-1 62 30,000 X 30,000
ADC TELECOMMUNICATIONS COM 000886-10-1 297 144,115 X 1 144,115
AOL TIME WARNER INC COM 00184A-10-5 797 73,375 X 1 73,375
AT&T WIRELESS COM 00209A-10-6 595 90,000 X 90,000
AT&T WIRELESS COM 00209A-10-6 598 90,625 X 1 90,625
ACTEL CORP COM 004934-10-5 214 12,500 X 1 12,500
THE ADVISORY BOARD COM 00762W-10-7 217 6,200 X 1 6,200
ADVANCED MICRO COM 007903-10-7 402 65,000 X 65,000
ADVANCED MICRO COM 007903-10-7 764 123,635 X 1 123,635
ALCOA INC COM 013817-10-1 485 25,000 X 25,000
ALCOA INC COM 013817-10-1 1,551 80,000 X 1 80,000
ALKERMES INC COM 01642T-10-8 140 15,400 X 1 15,400
AMEREN CORPORATION COM 023608-10-2 3,647 93,400 X 93,400
AMEREN CORPORATION COM 023608-10-2 7,287 186,600 X 1 186,600
AMERICAN EAGLE OUTFITTERS COM 02553E-10-6 835 57,500 X 57,500
AMERICAN EAGLE OUTFITTERS COM 02553E-10-6 680 46,818 X 1 46,818
AMERISOURCEBERGEN CORP COM 03073E-10-5 2,625 50,000 X 1 50,000
AMSURG COM 03232P-40-5 212 8,400 X 1 8,400
ANN TAYLOR STORES CORP COM 036115-10-3 1,848 90,000 X 1 90,000
BJ'S WHOLESALE CLUB INC COM 05548J-10-6 497 44,000 X 44,000
BJ'S WHOLESALE CLUB INC COM 05548J-10-6 747 66,100 X 1 66,100
BARNES AND NOBLE COM 067774-10-9 475 25,000 X 25,000
BARNES AND NOBLE COM 067774-10-9 1,421 74,818 X 1 74,818
BAXTER INTERNATIONAL INC COM 071813-10-9 280 15,000 X 15,000
BAXTER INTERNATIONAL INC COM 071813-10-9 1,119 60,000 X 1 60,000
BELLSOUTH CORPORATION COM 079860-10-2 6,068 280,000 X 280,000
BELLSOUTH CORPORATION COM 079860-10-2 4,984 230,000 X 1 230,000
BIOMARIN PHARMACEUTICAL INC COM 09061G-10-1 152 13,400 X 1 13,400
BROOKS AUTOMATION INC COM 114340-10-2 164 16,900 X 1 16,900
CSX CORP COM 126408-10-3 285 10,000 X 10,000
CSX CORP COM 126408-10-3 1,763 61,800 X 1 61,800
CVS CORP COM 126650-10-0 1,037 43,500 X 43,500
CVS CORP COM 126650-10-0 1,348 56,500 X 1 56,500
CALIFORNIA PIZZA COM 13054D-10-9 205 8,900 X 1 8,900
CAREMARK RX COM 141705-10-3 1,476 81,325 X 1 81,325
CATERPILLAR INC -UK COM 149123-10-1 402 8,800 X 1 8,800
CINERGY CORP COM 172474-10-8 6,895 204,900 X 204,900
NAME OF REPORTING MANAGER THE CHUBB CORPORATION PERIOD ENDING MARCH 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 4,210 125,100 X 1 125,100
CISCO SYSTEMS INC COM 17275R-10-2 312 24,000 X 24,000
CISCO SYSTEMS INC COM 17275R-10-2 1,282 98,731 X 1 98,731
CITIGROUP INC COM 172967-10-1 1,585 46,000 X 46,000
CITIGROUP INC COM 172967-10-1 1,516 44,000 X 1 44,000
CITRIX SYSTEMS INC COM 177376-10-0 888 67,500 X 67,500
CITRIX SYSTEMS INC COM 177376-10-0 1,260 95,693 X 1 95,693
COLGATE PALMOLIVE COM 194162-10-3 544 10,000 X 10,000
COLGATE PALMOLIVE COM 194162-10-3 2,178 40,000 X 1 40,000
COMCAST CORP NEW CL A SPL COM 20030N-20-0 825 30,000 X 30,000
COMCAST CORP NEW CL A SPL COM 20030N-20-0 1,650 60,000 X 1 60,000
CONNETICS CORP COM 208192-10-4 263 15,700 X 1 15,700
CONSOLIDATED EDISON INC COM 209115-10-4 5,771 150,000 X 150,000
CONSOLIDATED EDISON INC COM 209115-10-4 8,214 213,500 X 1 213,500
DTE ENERGY COMPANY COM 233331-10-7 7,730 200,000 X 200,000
DTE ENERGY COMPANY COM 233331-10-7 3,865 100,000 X 1 100,000
DARDEN RESTAURANTS INC COM 237194-10-5 357 20,000 X 20,000
DARDEN RESTAURANTS INC COM 237194-10-5 1,785 100,000 X 1 100,000
DOCUMENTUM, INC COM 256159-10-4 143 10,900 X 1 10,900
DOMINION RESOURCES INC/VA COM 25746U-10-9 2,215 40,000 X 40,000
DOMINION RESOURCES INC/VA COM 25746U-10-9 7,486 135,200 X 1 135,200
DU PONT E I DE NEMOURS & CO COM 263534-10-9 3,109 80,000 X 1 80,000
DUANE READE INC COM 263578-10-6 48 3,750 X 3,750
DUANE READE INC COM 263578-10-6 190 15,000 X 1 15,000
ENERGY EAST CORPORATION COM 29266M-10-9 3,419 192,100 X 192,100
ENERGY EAST CORPORATION COM 29266M-10-9 7,375 414,300 X 1 414,300
ENTEGRIS COM 29362U-10-4 143 14,300 X 1 14,300
EXAR CORPORATION DELAWARE COM 300645-10-8 187 14,700 X 1 14,700
FTI CONSULTING INC COM 302941-10-9 240 5,200 X 1 5,200
FANNIE MAE COM 313586-10-9 2,038 31,177 X 1 31,177
FIRSTENERGY CORP COM 337932-10-7 7,875 250,000 X 250,000
FIRSTENERGY CORP COM 337932-10-7 5,355 170,000 X 1 170,000
FLEETBOSTON FINANCIAL COM 339030-10-8 478 20,000 X 20,000
FLEETBOSTON FINANCIAL COM 339030-10-8 1,200 50,228 X 1 50,228
GENERAL DYNAMICS COM 369550-10-8 1,377 25,000 X 1 25,000
GENERAL ELECTRIC COM 369604-10-3 1,275 50,000 X 50,000
GENERAL ELECTRIC COM 369604-10-3 2,116 82,968 X 1 82,968
GENERAL MILLS INC COM 370334-10-4 2,961 65,000 X 1 65,000
GILLETTE CO COM 375766-10-2 619 20,000 X 20,000
GILLETTE CO COM 375766-10-2 1,566 50,625 X 1 50,625
GOLDEN WEST FINL CORP COM 381317-10-6 2,158 30,000 X 30,000
HARTFORD FINANCIAL SERVICES COM 416515-10-4 1,412 40,000 X 40,000
HEALTH MGMT ASSOC COM 421933-10-2 2,280 120,000 X 1 120,000
HOLLYWOOD ENTERTAINMENT
CORP COM 436141-10-5 207 12,900 X 1 12,900
HOME DEPOT INC COM 437076-10-2 974 40,000 X 40,000
NAME OF REPORTING MANAGER THE CHUBB CORPORATION PERIOD ENDING MARCH 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
-------------- ----- ----- ----------- ------ ---- ------ ------ ------- ---- ------ ----
HOME DEPOT INC COM 437076-10-2 731 30,000 X 1 30,000
HONEYWELL INTERNATIONAL INC COM 438516-10-6 1,068 50,000 X 50,000
HONEYWELL INTERNATIONAL INC COM 438516-10-6 681 31,878 X 1 31,878
ITT EDUCATION COM 45068B-10-9 222 7,900 X 1 7,900
INTEL CORP COM 458140-10-0 895 55,000 X 55,000
INTEL CORP COM 458140-10-0 977 60,000 X 1 60,000
INTERNATIONAL BUSINESS
MACHINES COM 459200-10-1 1,961 25,000 X 1 25,000
JDS UNIPHASE CORP COM 46612J-10-1 14 5,000 X 5,000
JDS UNIPHASE CORP COM 46612J-10-1 57 20,000 X 1 20,000
JP MORGAN CHASE & CO COM 46625H-10-0 474 20,000 X 20,000
JP MORGAN CHASE & CO COM 46625H-10-0 1,423 60,000 X 1 60,000
KEYCORP COM 493267-10-8 1,692 75,000 X 1 75,000
KEYSPAN CORP COM 49337W-10-0 6,411 198,800 X 198,800
KEYSPAN CORP COM 49337W-10-0 5,521 171,200 X 1 171,200
KIMBERLY-CLARK CORP COM 494368-10-3 1,600 35,188 X 1 35,188
KRAFT FOODS COM 50075N-10-4 2,820 100,000 X 1 100,000
LABORATORY CRP OF AMER HLDG COM 50540R-40-9 830 28,000 X 28,000
LABORATORY CRP OF AMER HLDG COM 50540R-40-9 1,839 62,000 X 1 62,000
LUCENT COM 549463-10-7 191 130,000 X 130,000
LUCENT COM 549463-10-7 92 62,823 X 1 62,823
MBNA CORP COM 55262L-10-0 452 30,000 X 30,000
MBNA CORP COM 55262L-10-0 935 62,157 X 1 62,157
MACROMEDIA INC COM 556100-10-5 131 10,800 X 1 10,800
MAVERICK TUBE CORPORATION COM 577914-10-4 247 13,300 X 1 13,300
MCDATA CORP CLASS B COM 580031-10-2 205 23,500 X 1 23,500
MCKESSON CORP COM 58155Q-10-3 499 20,000 X 20,000
MCKESSON CORP COM 58155Q-10-3 1,870 75,000 X 1 75,000
MERCK & CO COM 589331-10-7 548 10,000 X 10,000
MERCK & CO COM 589331-10-7 1,917 35,000 X 1 35,000
MERRILL LYNCH & CO COM 590188-10-8 1,947 55,000 X 1 55,000
MICROSOFT CORP COM 594918-10-4 968 40,000 X 40,000
MICROSOFT CORP COM 594918-10-4 2,421 100,000 X 1 100,000
MICROSEMI CORP COM 595137-10-0 137 12,500 X 1 12,500
NII HOLDINGS COM 62913F-20-1 1,448 56,510 X 1 56,510
NATIONAL-OILWELL COM 637071-10-1 560 25,000 X 25,000
NATIONAL-OILWELL COM 637071-10-1 1,270 56,700 X 1 56,700
NOKIA OXJ COM 654902-20-4 1,208 86,200 X 86,200
NOKIA OXJ COM 654902-20-4 721 51,494 X 1 51,494
NORFOLK SOUTHERN
CORPORATION COM 655844-10-8 1,114 60,000 X 60,000
NORFOLK SOUTHERN
CORPORATION COM 655844-10-8 1,670 90,000 X 1 90,000
NORTEL NETWORKS CORP COM 656568-10-2 104 50,000 X 50,000
NORTEL NETWORKS CORP COM 656568-10-2 516 248,255 X 1 248,255
NSTAR COM 67019E-10-7 4,014 100,300 X 100,300
NSTAR COM 67019E-10-7 7,184 179,500 X 1 179,500
OCTEL CORP COM 675727-10-1 187 12,900 X 1 12,900
OFFICE DEPOT INC COM 676220-10-6 1,161 98,100 X 1 98,100
NAME OF REPORTING MANAGER THE CHUBB CORPORATION PERIOD ENDING MARCH 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
-------------- ----- ----- ----------- ------ ---- ------ ------ ------- ---- ------ ----
ORACLE CORP COM 68389X-10-5 1,410 130,000 X 130,000
ORACLE CORP COM 68389X-10-5 651 60,000 X 1 60,000
ORTHODONTIC CENTERS COM 68750P-10-3 234 45,000 X 45,000
ORTHODONTIC CENTERS COM 68750P-10-3 234 45,000 X 1 45,000
PMC-SIERRA INC COM 69344F-10-6 215 36,100 X 1 36,100
PEETS COFFEE & TEA INC COM 705560-10-0 204 12,300 X 1 12,300
PEPSICO COM 713448-10-8 2,000 50,000 X 1 50,000
PFIZER INC COM 717081-10-3 1,402 45,000 X 45,000
PFIZER INC COM 717081-10-3 1,558 50,000 X 1 50,000
PINNACLE WEST CAPITAL COM 723484-10-1 3,989 120,000 X 120,000
PINNACLE WEST CAPITAL COM 723484-10-1 8,642 260,000 X 1 260,000
PITNEY BOWES INC COM 724479-10-0 2,394 75,000 X 1 75,000
PROGRESS ENERGY INC COM 743263-10-5 5,399 137,900 X 137,900
PROGRESS ENERGY INC COM 743263-10-5 6,350 162,200 X 1 162,200
QUEST DIAGNOSTICS INC COM 74834L-10-0 2,985 50,000 X 1 50,000
ROHM AND HAAS CO COM 775371-10-7 2,978 100,000 X 1 100,000
SBC COMMUNICATIONS INC COM 78387G-10-3 8,826 440,000 X 440,000
SBC COMMUNICATIONS INC COM 78387G-10-3 4,213 210,000 X 1 210,000
SAFEWAY INC COM 786514-20-8 379 20,000 X 20,000
SAFEWAY INC COM 786514-20-8 1,515 80,000 X 1 80,000
SANMINA CORP COM 800907-10-7 737 182,430 X 1 182,430
SARA LEE CORP COM 803111-10-3 1,870 100,000 X 1 100,000
SCANA CORP COM 80589M-10-2 8,677 290,000 X 290,000
SCANA CORP COM 80589M-10-2 2,094 70,000 X 1 70,000
SELECT MEDICAL CORP COM 816196-10-9 258 18,100 X 1 18,100
SEMTECH CORP COM 816850-10-1 186 12,300 X 1 12,300
SERENA COM 817492-10-1 163 10,200 X 1 10,200
SKYWORKS COM 83088M-10-2 201 32,200 X 1 32,200
SOUTHERN CO COM 842587-10-7 5,148 181,000 X 181,000
SOUTHERN CO COM 842587-10-7 6,228 219,000 X 1 219,000
STERLING BANCSHARES COM 858907-10-8 145 12,200 X 1 12,200
STRAYER EDUCATION COM 863236-10-5 297 5,400 X 1 5,400
TARGET CORP COM 87612E-10-6 293 10,000 X 10,000
TARGET CORP COM 87612E-10-6 1,372 46,900 X 1 46,900
TELIK INC COM 87959M-10-9 167 12,400 X 1 12,400
TENET HEALTHCARE CORP COM 88033G-10-0 1,837 110,000 X 110,000
TENET HEALTHCARE CORP COM 88033G-10-0 334 20,000 X 1 20,000
TERADYNE COM 880770-10-2 466 40,000 X 40,000
TERADYNE COM 880770-10-2 1,630 140,000 X 1 140,000
TEXAS INSTRUMENTS COM 882508-10-4 327 20,000 X 20,000
TEXAS INSTRUMENTS COM 882508-10-4 1,146 70,000 X 1 70,000
TEXTRON INC COM 883203-10-1 1,648 60,000 X 1 60,000
TRAVELERS PROPERTY CASUALTY COM 89420G-10-9 439 31,123 X 31,123
TRAVELERS PROPERTY CASUALTY COM 89420G-10-9 1,436 101,900 X 1 101,900
US BANCORP COM 902973-30-4 569 30,000 X 30,000
US BANCORP COM 902973-30-4 1,898 100,000 X 1 100,000
NAME OF REPORTING MANAGER THE CHUBB CORPORATION PERIOD ENDING MARCH 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
-------------- ----- ----- ----------- ------ ---- ------ ------ ------- ---- ------ ----
VALERO ENERGY CORP COM 91913Y-10-0 2,537 61,300 X 1 61,300
VARCO INTERNATIONAL INC COM 922122-10-6 1,373 75,000 X 75,000
VERIZON COMMUNICATIONS COM 92343V-10-4 8,484 240,000 X 240,000
VERIZON COMMUNICATIONS COM 92343V-10-4 2,828 80,000 X 1 80,000
WACHOVIA CORP COM 929903-10-2 1,874 55,000 X 1 55,000
WAL-MART COM 931142-10-3 2,342 45,000 X 1 45,000
WASHINGTON MUTUAL INC COM 939322-10-3 2,306 65,379 X 1 65,379
WASTE CONNECTIONS COM 941053-10-0 249 7,200 X 1 7,200
WASTE MANAGEMENT INC COM 94106L-10-9 2,118 100,000 X 1 100,000
WENDY'S INTERNATIONAL INC COM 950590-10-9 1,926 70,000 X 70,000
WENDY'S INTERNATIONAL INC COM 950590-10-9 550 20,000 X 1 20,000
WESTPORT RESOURCES CORP COM 961418-10-0 242 12,000 X 1 12,000
WYETH US COM 983024-10-0 1,513 40,000 X 1 40,000
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349,493
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