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, 2007

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 12, 2008
------------------------------------   ---------------------   -----------------
[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:          288
                                                 ---
Form 13F Information Table Value Total:   $2,211,564
                                          ==========
                                          (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, 2007


PAGE   1   FORM 13F   FILE NUMBER: 28 - 327




                                                                         INVESTMENT
                                                                         DISCRETION                VOTING AUTHORITY
                                               FAIR MARKET           ------------------                (SHARES)
                                                  VALUE                          SHARED         ---------------------
NAME OF ISSUER               CLASS    CUSIP       (000)      SHARES  SOLE SHARED OTHERS MANAGER    SOLE   SHARED NONE
--------------               ----- ----------- ----------- --------- ---- ------ ------ ------- --------- ------ ----
                                                                                
ALLIED WORLD ASSURANCE CO HL COM   G0219G-20-3     468,839 9,345,000           X                9,345,000
AMDOCS LTD                   COM   G02602-10-3       9,741   282,600           X              1   282,600
AMDOCS LTD                   COM   G02602-10-3       4,047   117,400           X              2   117,400
ACCENTURE LTD                COM   G1150G-11-1      11,202   310,900           X              1   310,900
COVIDIEN LTD                 COM   G2552X-10-8       3,644    82,288           X                   82,288
COVIDIEN LTD                 COM   G2552X-10-8      12,300   277,712           X              1   277,712
COVIDIEN LTD                 COM   G2552X-10-8       1,550    35,000           X              2    35,000
SEAGATE TECHNOLOGY           COM   G7945J-10-4      10,327   405,000           X              1   405,000
SEAGATE TECHNOLOGY           COM   G7945J-10-4       7,650   300,000           X              2   300,000
TYCO INTERNATIONAL           COM   G9143X-20-8       2,478    62,500           X              1    62,500
TYCO INTERNATIONAL           COM   G9143X-20-8       1,388    35,000           X              2    35,000
TYCO ELECTRONICS LTD         COM   G9144P-10-5       2,321    62,500           X              1    62,500
TYCO ELECTRONICS LTD         COM   G9144P-10-5       1,300    35,000           X              2    35,000
XL CAPITAL LTD CLASS A       COM   G98255-10-5           2        33           X                       33
XL CAPITAL LTD CLASS A       COM   G98255-10-5       6,539   129,967           X              1   129,967
XL CAPITAL LTD CLASS A       COM   G98255-10-5       2,516    50,000           X              2    50,000
FLEXTRONICS INTL LTD         COM   Y2573F-10-2       9,729   806,724           X              1   806,724
FLEXTRONICS INTL LTD         COM   Y2573F-10-2       7,155   593,276           X              2   593,276
AES CORPORATION              COM   00130H-10-5      13,157   615,100           X              1   615,100
AT&T INC                     COM   00206R-10-2       4,156   100,000           X                  100,000
AT&T INC                     COM   00206R-10-2       8,728   210,000           X              1   210,000
AT&T INC                     COM   00206R-10-2      15,793   380,000           X              2   380,000
ALCOA INC                    COM   013817-10-1      12,792   350,000           X              1   350,000
ALCOA INC                    COM   013817-10-1       3,655   100,000           X              2   100,000
ALPHATEC HOLDINGS            COM   02081G-10-2      15,119 2,999,834           X              1 2,999,834
AMEREN CORPORATION           COM   023608-10-2      10,116   186,600           X              1   186,600
AMEREN CORPORATION           COM   023608-10-2       5,063    93,400           X              2    93,400
AMGEN INC                    COM   031162-10-0       2,322    50,000           X                   50,000
AMGEN INC                    COM   031162-10-0       6,966   150,000           X              1   150,000
AMGEN INC                    COM   031162-10-0       4,644   100,000           X              2   100,000
ARCHER DANIELS               COM   039483-10-2      13,929   300,007           X              1   300,007
ARCHER DANIELS               COM   039483-10-2       9,286   199,993           X              2   199,993
ATMOS ENERGY CORP            COM   049560-10-5       1,963    70,000           X              1    70,000
ATMOS ENERGY CORP            COM   049560-10-5      15,422   550,000           X              2   550,000
AVERY DENNISON CORP          COM   053611-10-9       7,577   142,591           X                  142,591
AVERY DENNISON CORP          COM   053611-10-9       9,810   184,600           X              1   184,600
AVERY DENNISON CORP          COM   053611-10-9         681    12,819           X              2    12,819
AVON PRODUCTS                COM   054303-10-2      11,859   300,000           X              1   300,000
AVON PRODUCTS                COM   054303-10-2       5,139   130,000           X              2   130,000
BP PLC-SPONS ADR             COM   055622-10-4       8,049   110,000           X              1   110,000
BP PLC-SPONS ADR             COM   055622-10-4       6,585    90,000           X              2    90,000
BANK OF AMERICA              COM   060505-10-4         825    20,000           X                   20,000
BANK OF AMERICA              COM   060505-10-4       9,490   230,000           X              1   230,000
BANK OF AMERICA              COM   060505-10-4       2,063    50,000           X              2    50,000
BARR PHARMACEUTICALS INC     COM   068306-10-9      12,579   236,900           X              1   236,900




NAME OF REPORTING MANAGER THE CHUBB CORPORATION PERIOD ENDING DECEMBER 31, 2007


PAGE   2   FORM 13F   FILE NUMBER: 28 - 327




                                                                         INVESTMENT
                                                                         DISCRETION                VOTING AUTHORITY
                                               FAIR MARKET           ------------------                (SHARES)
                                                  VALUE                          SHARED         ---------------------
NAME OF ISSUER               CLASS    CUSIP       (000)      SHARES  SOLE SHARED OTHERS MANAGER    SOLE   SHARED NONE
--------------               ----- ----------- ----------- --------- ---- ------ ------ ------- --------- ------ ----
                                                                                
BARR PHARMACEUTICALS INC     COM   068306-10-9       5,310   100,000           X              2   100,000
BAXTER INTERNATIONAL INC     COM   071813-10-9      12,771   220,000           X              1   220,000
BAXTER INTERNATIONAL INC     COM   071813-10-9       2,902    50,000           X              2    50,000
BOSTON SCIENTIFIC CORP       COM   101137-10-7      10,002   860,000           X              1   860,000
BOSTON SCIENTIFIC CORP       COM   101137-10-7       2,791   240,000           X              2   240,000
BRISTOL MYERS SQUIBB         COM   110122-10-8       5,039   190,000           X              1   190,000
BRISTOL MYERS SQUIBB         COM   110122-10-8       7,956   300,000           X              2   300,000
BROADRIDGE FINANCIAL SOLUTIO COM   11133T-10-3      13,458   600,000           X              1   600,000
BROADRIDGE FINANCIAL SOLUTIO COM   11133T-10-3       3,364   150,000           X              2   150,000
CBS CORP-CL B                COM   124857-20-2       8,663   317,900           X              1   317,900
CBS CORP-CL B                COM   124857-20-2       1,692    62,100           X              2    62,100
CVS CAREMARK CORP            COM   126650-10-0       4,889   123,000           X              1   123,000
CVS CAREMARK CORP            COM   126650-10-0       5,446   137,000           X              2   137,000
CELESTICA INC                COM   15101Q-10-8       5,800 1,000,000           X              1 1,000,000
CELESTICA INC                COM   15101Q-10-8         580   100,000           X              2   100,000
CIRCUIT CITY STORES          COM   172737-10-8         462   109,915           X                  109,915
CIRCUIT CITY STORES          COM   172737-10-8       2,898   690,085           X              1   690,085
CISCO SYSTEMS INC            COM   17275R-10-2       6,118   226,000           X              1   226,000
CISCO SYSTEMS INC            COM   17275R-10-2       7,417   274,000           X              2   274,000
CITIGROUP INC                COM   172967-10-1         177     6,000           X                    6,000
CITIGROUP INC                COM   172967-10-1       6,595   224,000           X              1   224,000
CITIGROUP INC                COM   172967-10-1       5,594   190,000           X              2   190,000
COCA COLA ENTERPRISES        COM   191219-10-4      10,252   393,847           X              1   393,847
COCA COLA ENTERPRISES        COM   191219-10-4       7,969   306,153           X              2   306,153
COLGATE PALMOLIVE            COM   194162-10-3       9,355   120,000           X              1   120,000
COMCAST CORP-CL A            COM   20030N-10-1       7,304   400,000           X              1   400,000
COMCAST CORP-CL A            COM   20030N-10-1       3,652   200,000           X              2   200,000
COMMUNITY HEALTH SYSTEMS INC COM   203668-10-8      12,901   350,000           X              1   350,000
COMMUNITY HEALTH SYSTEMS INC COM   203668-10-8       7,372   200,000           X              2   200,000
CONOCOPHILLIPS               COM   20825C-10-4      16,777   190,000           X              1   190,000
CONSOLIDATED EDISON INC      COM   209115-10-4       2,443    50,000           X                   50,000
CONSOLIDATED EDISON INC      COM   209115-10-4       7,987   163,500           X              1   163,500
CONSOLIDATED EDISON INC      COM   209115-10-4       4,885   100,000           X              2   100,000
CONSTELLATION BRANDS INC-A   COM   21036P-10-8      11,111   470,000           X              1   470,000
CONSTELLATION BRANDS INC-A   COM   21036P-10-8       3,662   154,900           X              2   154,900
CORNING INC                  COM   219350-10-5       7,197   300,000           X              1   300,000
CORNING INC                  COM   219350-10-5       4,798   200,000           X              2   200,000
COVENTRY HEALTH CARE INC     COM   222862-10-4         477     8,059           X                    8,059
COVENTRY HEALTH CARE INC     COM   222862-10-4      11,762   198,509           X              1   198,509
COVENTRY HEALTH CARE INC     COM   222862-10-4       4,943    83,432           X              2    83,432
DTE ENERGY COMPANY           COM   233331-10-7       6,594   150,000           X                  150,000
DTE ENERGY COMPANY           COM   233331-10-7       4,396   100,000           X              1   100,000
DTE ENERGY COMPANY           COM   233331-10-7       4,383    99,700           X              2    99,700
DEAN FOODS CO                COM   242370-10-4       1,297    50,156           X                   50,156
DEAN FOODS CO                COM   242370-10-4       7,071   273,434           X              1   273,434




NAME OF REPORTING MANAGER THE CHUBB CORPORATION PERIOD ENDING DECEMBER 31, 2007


PAGE   3   FORM 13F   FILE NUMBER: 28 - 327




                                                                         INVESTMENT
                                                                         DISCRETION                VOTING AUTHORITY
                                               FAIR MARKET           ------------------                (SHARES)
                                                  VALUE                          SHARED         ---------------------
NAME OF ISSUER               CLASS    CUSIP       (000)      SHARES  SOLE SHARED OTHERS MANAGER    SOLE   SHARED NONE
--------------               ----- ----------- ----------- --------- ---- ------ ------ ------- --------- ------ ----
                                                                                
DEAN FOODS CO                COM   242370-10-4       8,445   326,566           X              2   326,566
DELL INC                     COM   24702R-10-1      13,480   550,000           X              1   550,000
DELTA AIRLINES INC DEL       COM   247361-70-2       3,973   266,830           X                  266,830
DELTA AIRLINES INC DEL       COM   247361-70-2       5,227   351,023           X              1   351,023
DOLLAR TREE STORES INC       COM   256747-10-6      10,981   423,650           X                  423,650
DOLLAR TREE STORES INC       COM   256747-10-6         683    26,350           X              1    26,350
DOW CHEMICAL CO              COM   260543-10-3      14,191   360,000           X              1   360,000
DUKE ENERGY CORP             COM   26441C-10-5       4,090   202,800           X                  202,800
DUKE ENERGY CORP             COM   26441C-10-5       3,936   195,156           X              1   195,156
DUKE ENERGY CORP             COM   26441C-10-5       4,874   241,644           X              2   241,644
EBAY INC                     COM   278642-10-3       6,638   200,000           X                  200,000
EBAY INC                     COM   278642-10-3       6,638   200,000           X              2   200,000
EL PASO CORP                 COM   28336L-10-9       8,620   500,000           X              1   500,000
ENERGY EAST CORPORATION      COM   29266M-10-9       2,628    96,600           X                   96,600
ENERGY EAST CORPORATION      COM   29266M-10-9       8,824   324,300           X              1   324,300
ENERGY EAST CORPORATION      COM   29266M-10-9       4,503   165,500           X              2   165,500
ERICSSON (LM) TEL-SP ADR     COM   294821-60-8       6,258   268,000           X              1   268,000
ERICSSON (LM) TEL-SP ADR     COM   294821-60-8       6,585   282,000           X              2   282,000
FAMILY DOLLAR STORES         COM   307000-10-9          65     3,400           X                    3,400
FAMILY DOLLAR STORES         COM   307000-10-9      11,723   609,600           X              1   609,600
FAMILY DOLLAR STORES         COM   307000-10-9       1,673    87,000           X              2    87,000
FEDERAL HOME LOAN MTG CORP   COM   313400-30-1       6,361   186,700           X              1   186,700
FEDERAL HOME LOAN MTG CORP   COM   313400-30-1       3,860   113,300           X              2   113,300
FNMA                         COM   313586-10-9       7,996   200,000           X              1   200,000
FNMA                         COM   313586-10-9       1,999    50,000           X              2    50,000
FISERV INC                   COM   337738-10-8       7,388   133,150           X              1   133,150
FISERV INC                   COM   337738-10-8       3,157    56,900           X              2    56,900
FOREST LABORATORIES INC      COM   345838-10-6       3,645   100,000           X                  100,000
FOREST LABORATORIES INC      COM   345838-10-6       5,468   150,000           X              1   150,000
FOREST LABORATORIES INC      COM   345838-10-6       7,290   200,000           X              2   200,000
GENENTECH INC                COM   368710-40-6      13,414   200,000           X              1   200,000
GENERAL ELECTRIC             COM   369604-10-3       8,897   240,000           X              1   240,000
GENERAL ELECTRIC             COM   369604-10-3       7,043   190,000           X              2   190,000
GENERAL MILLS INC            COM   370334-10-4       2,850    50,000           X              1    50,000
GENERAL MILLS INC            COM   370334-10-4       6,840   120,000           X              2   120,000
GENWORTH FINANCIAL INC-CL A  COM   37247D-10-6       5,090   200,000           X              1   200,000
GENWORTH FINANCIAL INC-CL A  COM   37247D-10-6       2,036    80,000           X              2    80,000
GLAXOSMITHKLINE PLC-ADR      COM   37733W-10-5       9,120   181,000           X              1   181,000
GREAT PLAINS ENERGY INC      COM   391164-10-0       6,908   235,600           X              1   235,600
GREAT PLAINS ENERGY INC      COM   391164-10-0       5,028   171,500           X              2   171,500
HARTFORD FINANCIAL SERVICES  COM   416515-10-4       3,488    40,000           X                   40,000
HARTFORD FINANCIAL SERVICES  COM   416515-10-4       5,231    60,000           X              1    60,000
HEALTHCARE SERVICES GROUP    COM   421906-10-8         269    12,693           X              1    12,693
HEALTH MGMT ASSOC            COM   421933-10-2       3,588   600,000           X              1   600,000
HEALTH MGMT ASSOC            COM   421933-10-2       4,186   700,000           X              2   700,000




NAME OF REPORTING MANAGER THE CHUBB CORPORATION PERIOD ENDING DECEMBER 31, 2007


PAGE   4   FORM 13F   FILE NUMBER: 28 - 327




                                                                         INVESTMENT
                                                                         DISCRETION                VOTING AUTHORITY
                                               FAIR MARKET           ------------------                (SHARES)
                                                  VALUE                          SHARED         ---------------------
NAME OF ISSUER               CLASS    CUSIP       (000)      SHARES  SOLE SHARED OTHERS MANAGER    SOLE   SHARED NONE
--------------               ----- ----------- ----------- --------- ---- ------ ------ ------- --------- ------ ----
                                                                                
HJ HEINZ CO                  COM   423074-10-3       9,336   200,000           X              1   200,000
HONEYWELL INTERNATIONAL INC  COM   438516-10-6       5,103    82,878           X              1    82,878
HONEYWELL INTERNATIONAL INC  COM   438516-10-6       3,079    50,000           X              2    50,000
IDEARC INC                   COM   451663-10-8          22     1,250           X                    1,250
IDEARC INC                   COM   451663-10-8         164     9,352           X              1     9,352
IDEARC INC                   COM   451663-10-8         224    12,750           X              2    12,750
INTEL CORP                   COM   458140-10-0       6,665   250,000           X                  250,000
INTEL CORP                   COM   458140-10-0       9,331   350,000           X              1   350,000
INTEL CORP                   COM   458140-10-0       2,666   100,000           X              2   100,000
INTERNATIONAL BUSINESS MACHI COM   459200-10-1      15,134   140,000           X              1   140,000
INTERNATIONAL PAPER CO       COM   460146-10-3      10,362   320,000           X              1   320,000
INTERNATIONAL PAPER CO       COM   460146-10-3       1,324    40,900           X              2    40,900
INTERPUBLIC GROUP OF COS INC COM   460690-10-0       1,622   200,000           X                  200,000
INTERPUBLIC GROUP OF COS INC COM   460690-10-0       8,248 1,017,000           X              1 1,017,000
INTERPUBLIC GROUP OF COS INC COM   460690-10-0         673    83,000           X              2    83,000
JP MORGAN CHASE & CO         COM   46625H-10-0       2,025    46,400           X                   46,400
JP MORGAN CHASE & CO         COM   46625H-10-0      11,943   273,600           X              1   273,600
JP MORGAN CHASE & CO         COM   46625H-10-0       1,746    40,000           X              2    40,000
JABIL CIRCUIT INC            COM   466313-10-3       8,704   570,000           X              1   570,000
KRAFT FOODS INC-A            COM   50075N-10-4      13,052   400,000           X              1   400,000
KRAFT FOODS INC-A            COM   50075N-10-4       4,895   150,000           X              2   150,000
LEXMARK INTL GROUP INC       COM   529771-10-7       1,823    52,294           X              1    52,294
LIFE POINT HOSPITALS         COM   53219L-10-9       7,506   252,400           X              1   252,400
LIFE POINT HOSPITALS         COM   53219L-10-9       4,390   147,600           X              2   147,600
LIZ CLAIBORNE INC            COM   539320-10-1       7,326   360,000           X              1   360,000
LIZ CLAIBORNE INC            COM   539320-10-1       1,221    60,000           X              2    60,000
MANULIFE FINANCIAL SERVICE   COM   56501R-10-6       4,675   114,734           X                  114,734
MCDONALDS CORP               COM   580135-10-1      10,421   176,900           X              1   176,900
MCDONALDS CORP               COM   580135-10-1       7,252   123,100           X              2   123,100
MEDTRONIC INC                COM   585055-10-6       8,797   175,000           X                  175,000
MEDTRONIC INC                COM   585055-10-6       8,797   175,000           X              2   175,000
MERRILL LYNCH & CO           COM   590188-10-8       4,831    90,000           X              1    90,000
MERRILL LYNCH & CO           COM   590188-10-8       5,905   110,000           X              2   110,000
MICROSOFT CORP               COM   594918-10-4       1,424    40,000           X                   40,000
MICROSOFT CORP               COM   594918-10-4      12,104   340,000           X              1   340,000
MICROSOFT CORP               COM   594918-10-4       4,272   120,000           X              2   120,000
MORGAN STANLEY DEAN WITTER   COM   617446-44-8      11,153   210,000           X              1   210,000
MOTOROLA INC                 COM   620076-10-9       9,303   580,000           X              1   580,000
MOTOROLA INC                 COM   620076-10-9       1,925   120,000           X              2   120,000
NATIONAL CITY CORP           COM   635405-10-3       1,954   118,700           X              1   118,700
NATIONAL CITY CORP           COM   635405-10-3       1,399    85,000           X              2    85,000
NEWELL RUBBERMAID INC        COM   651229-10-6      11,656   450,400           X              1   450,400
NEWELL RUBBERMAID INC        COM   651229-10-6       3,095   119,600           X              2   119,600
NEWTEK BUSINESS SERVICES INC COM   652526-10-4           2     2,000           X                    2,000
NEWTEK BUSINESS SERVICES INC COM   652526-10-4          80    64,500           X              1    64,500




NAME OF REPORTING MANAGER THE CHUBB CORPORATION PERIOD ENDING DECEMBER 31, 2007


PAGE   5   FORM 13F   FILE NUMBER: 28 - 327




                                                                         INVESTMENT
                                                                         DISCRETION                VOTING AUTHORITY
                                               FAIR MARKET           ------------------                (SHARES)
                                                  VALUE                          SHARED         ---------------------
NAME OF ISSUER               CLASS    CUSIP       (000)      SHARES  SOLE SHARED OTHERS MANAGER    SOLE   SHARED NONE
--------------               ----- ----------- ----------- --------- ---- ------ ------ ------- --------- ------ ----
                                                                                
NISOURCE INC                 COM   65473P-10-5       6,330   335,100           X              1   335,100
NISOURCE INC                 COM   65473P-10-5       4,059   214,900           X              2   214,900
NORFOLK SOUTHERN CORPORATION COM   655844-10-8       6,557   130,000           X              1   130,000
NORFOLK SOUTHERN CORPORATION COM   655844-10-8       4,540    90,000           X              2    90,000
NORTHROP GRUMMAN CORP        COM   666807-10-2      11,796   150,000           X              1   150,000
NORTHWEST AIRLINES CORP      COM   667280-40-8         551    37,958           X              1    37,958
NSTAR                        COM   67019E-10-7       1,108    30,600           X                   30,600
NSTAR                        COM   67019E-10-7       7,222   199,400           X              1   199,400
NSTAR                        COM   67019E-10-7       6,157   170,000           X              2   170,000
OGE ENERGY CORP              COM   670837-10-3          94     2,600           X                    2,600
OGE ENERGY CORP              COM   670837-10-3         944    26,000           X              1    26,000
OFFICE DEPOT INC             COM   676220-10-6       2,087   150,000           X                  150,000
OFFICE DEPOT INC             COM   676220-10-6       6,958   500,224           X              1   500,224
OFFICE DEPOT INC             COM   676220-10-6       2,083   149,776           X              2   149,776
OMNICARE INC                 COM   681904-10-8       8,212   360,000           X              1   360,000
OMNICARE INC                 COM   681904-10-8       5,474   240,000           X              2   240,000
ORACLE CORP                  COM   68389X-10-5       1,129    50,000           X                   50,000
ORACLE CORP                  COM   68389X-10-5       3,613   160,000           X              1   160,000
ORACLE CORP                  COM   68389X-10-5       1,806    80,000           X              2    80,000
OWENS ILLINOIS               COM   690768-40-3      12,593   254,400           X              1   254,400
OWENS ILLINOIS               COM   690768-40-3       7,207   145,600           X              2   145,600
PEPCO HOLDINGS INC           COM   713291-10-2       2,933   100,000           X                  100,000
PEPCO HOLDINGS INC           COM   713291-10-2       9,609   327,600           X              1   327,600
PEPCO HOLDINGS INC           COM   713291-10-2       8,523   290,600           X              2   290,600
PFIZER INC                   COM   717081-10-3      11,206   493,000           X              1   493,000
PFIZER INC                   COM   717081-10-3       5,841   257,000           X              2   257,000
PINNACLE WEST CAPITAL        COM   723484-10-1       2,121    50,000           X                   50,000
PINNACLE WEST CAPITAL        COM   723484-10-1      11,027   260,000           X              1   260,000
PINNACLE WEST CAPITAL        COM   723484-10-1       2,969    70,000           X              2    70,000
PLANTRONICS INC              COM   727493-10-8         888    34,158           X              1    34,158
PLANTRONICS INC              COM   727493-10-8         446    17,137           X              2    17,137
PRIDE INTERNATIONAL INC      COM   74153Q-10-2       6,441   190,000           X              1   190,000
PRIDE INTERNATIONAL INC      COM   74153Q-10-2       6,441   190,000           X              2   190,000
PROGRESS ENERGY INC          COM   743263-10-5         969    20,000           X                   20,000
PROGRESS ENERGY INC          COM   743263-10-5       7,855   162,200           X              1   162,200
PROGRESS ENERGY INC          COM   743263-10-5       6,315   130,400           X              2   130,400
PUGET ENERGY INC             COM   745310-10-2       7,255   264,500           X              1   264,500
PUGET ENERGY INC             COM   745310-10-2       5,291   192,900           X              2   192,900
QUEST DIAGNOSTICS INC        COM   74834L-10-0      19,573   370,000           X              1   370,000
RADIOSHACK CORP              COM   750438-10-3       5,058   300,000           X                  300,000
RADIOSHACK CORP              COM   750438-10-3       2,214   131,300           X              1   131,300
RADIOSHACK CORP              COM   750438-10-3       4,530   268,700           X              2   268,700
ROWAN COMPANIES INC          COM   779382-10-0       9,865   250,000           X              1   250,000
ROYAL DUTCH SHELL PLC        COM   780259-20-6       8,420   100,000           X                  100,000
ROYAL DUTCH SHELL PLC        COM   780259-20-6       8,420   100,000           X              1   100,000




NAME OF REPORTING MANAGER THE CHUBB CORPORATION PERIOD ENDING DECEMBER 31, 2007


PAGE   6   FORM 13F   FILE NUMBER: 28 - 327




                                                                         INVESTMENT
                                                                         DISCRETION                VOTING AUTHORITY
                                               FAIR MARKET           ------------------                (SHARES)
                                                  VALUE                          SHARED         ---------------------
NAME OF ISSUER               CLASS    CUSIP       (000)      SHARES  SOLE SHARED OTHERS MANAGER    SOLE   SHARED NONE
--------------               ----- ----------- ----------- --------- ---- ------ ------ ------- --------- ------ ----
                                                                                
ST JUDE MEDICAL              COM   790849-10-3       2,032    50,000           X                   50,000
ST JUDE MEDICAL              COM   790849-10-3      14,224   350,000           X              1   350,000
SANMINA CORP                 COM   800907-10-7       5,096 2,800,000           X              1 2,800,000
SANMINA CORP                 COM   800907-10-7         364   200,000           X              2   200,000
SANOFI-AVENTIS-ADR           COM   80105N-10-5      13,659   300,000           X              1   300,000
SCANA CORP                   COM   80589M-10-2         405     9,600           X                    9,600
SCANA CORP                   COM   80589M-10-2       4,906   116,400           X              1   116,400
SCANA CORP                   COM   80589M-10-2       2,019    47,900           X              2    47,900
SMITHFIELD FOODS INC         COM   832248-10-8      10,481   362,400           X              1   362,400
SMITHFIELD FOODS INC         COM   832248-10-8       2,533    87,600           X              2    87,600
SOUTHERN CO                  COM   842587-10-7       2,674    69,000           X                   69,000
SOUTHERN CO                  COM   842587-10-7       8,486   219,000           X              1   219,000
SOUTHERN CO                  COM   842587-10-7       4,340   112,000           X              2   112,000
SPECTRA ENERGY CORP          COM   847560-10-9       2,618   101,400           X                  101,400
SPECTRA ENERGY CORP          COM   847560-10-9       2,519    97,578           X              1    97,578
SPECTRA ENERGY CORP          COM   847560-10-9       3,120   120,822           X              2   120,822
SPRINT CORP                  COM   852061-10-0       1,576   120,000           X                  120,000
SPRINT CORP                  COM   852061-10-0       5,909   450,000           X              1   450,000
SPRINT CORP                  COM   852061-10-0         788    60,000           X              2    60,000
STAGE STORES                 COM   85254C-30-5         261    17,642           X                   17,642
STAR GAS PARTNERS LP         COM   85512C-10-5         327    82,417           X              1    82,417
SYMANTEC CORP                COM   871503-10-8       4,842   300,000           X              1   300,000
SYMANTEC CORP                COM   871503-10-8       4,842   300,000           X              2   300,000
TEVA PHARMACEUTICAL-SP ADR   COM   881624-20-9      13,944   300,000           X              1   300,000
TEVA PHARMACEUTICAL-SP ADR   COM   881624-20-9       4,648   100,000           X              2   100,000
THERMO FISHER SCIENTIFIC     COM   883556-10-2      15,383   266,700           X              1   266,700
TIME WARNER INC              COM   887317-10-5         826    50,000           X                   50,000
TIME WARNER INC              COM   887317-10-5       4,953   300,000           X              1   300,000
TIME WARNER INC              COM   887317-10-5       9,081   550,000           X              2   550,000
TOTAL SA-SPON ADR            COM   89151E-10-9      16,520   200,000           X              1   200,000
TRAVELERS COS INC            COM   89417E-10-9         951    17,678           X                   17,678
TRAVELERS COS INC            COM   89417E-10-9       5,944   110,481           X              1   110,481
TRAVELERS COS INC            COM   89417E-10-9       6,017   111,841           X              2   111,841
TYSON FOODS INC-CL A         COM   902494-10-3       1,755   114,450           X                  114,450
TYSON FOODS INC-CL A         COM   902494-10-3       9,008   587,600           X              1   587,600
TYSON FOODS INC-CL A         COM   902494-10-3       4,568   297,950           X              2   297,950
UNITEDHEALTH GROUP           COM   91324P-10-2      20,370   350,000           X              1   350,000
UNUM GROUP                   COM   91529Y-10-6      13,084   550,000           X              1   550,000
VECTREN CORPORATION          COM   92240G-10-1       8,703   300,000           X              1   300,000
VECTREN CORPORATION          COM   92240G-10-1       7,252   250,000           X              2   250,000
VERIZON COMMUNICATIONS       COM   92343V-10-4       1,092    25,000           X                   25,000
VERIZON COMMUNICATIONS       COM   92343V-10-4       8,172   187,043           X              1   187,043
VERIZON COMMUNICATIONS       COM   92343V-10-4      11,141   255,000           X              2   255,000
VIACOM INC CL B              COM   92553P-20-1       4,392   100,000           X                  100,000
VIACOM INC CL B              COM   92553P-20-1      15,372   350,000           X              1   350,000




NAME OF REPORTING MANAGER THE CHUBB CORPORATION PERIOD ENDING DECEMBER 31, 2007


PAGE   7   FORM 13F   FILE NUMBER: 28 - 327




                                                                         INVESTMENT
                                                                         DISCRETION                VOTING AUTHORITY
                                               FAIR MARKET           ------------------                (SHARES)
                                                  VALUE                          SHARED         ---------------------
NAME OF ISSUER               CLASS    CUSIP       (000)      SHARES  SOLE SHARED OTHERS MANAGER    SOLE   SHARED NONE
--------------               ----- ----------- ----------- --------- ---- ------ ------ ------- --------- ------ ----
                                                                                
WACHOVIA CORP                COM   929903-10-2       4,944   130,000           X              1   130,000
WACHOVIA CORP                COM   929903-10-2       2,662    70,000           X              2    70,000
WAL-MART                     COM   931142-10-3      14,259   300,000           X              1   300,000
WASTE MANAGEMENT INC         COM   94106L-10-9       4,901   150,000           X              1   150,000
WASTE MANAGEMENT INC         COM   94106L-10-9       2,287    70,000           X              2    70,000
WESTERN DIGITAL CORP         COM   958102-10-5      18,026   596,700           X              1   596,700
WESTERN DIGITAL CORP         COM   958102-10-5       3,121   103,300           X              2   103,300
WILLIAMS COMPANIES           COM   969457-10-0      12,523   350,000           X              1   350,000
WYETH US                     COM   983024-10-0         884    20,000           X                   20,000
WYETH US                     COM   983024-10-0       3,756    85,000           X              1    85,000
WYETH US                     COM   983024-10-0       2,872    65,000           X              2    65,000
WYNDHAM WORLDWIDE CORP       COM   98310W-10-8       1,178    50,000           X              1    50,000
WYNDHAM WORLDWIDE CORP       COM   98310W-10-8       1,414    60,000           X              2    60,000
XCEL ENERGY INC              COM   98389B-10-0       9,592   425,000           X                  425,000
XCEL ENERGY INC              COM   98389B-10-0       7,170   317,700           X              1   317,700
YAHOO INC                    COM   984332-10-6      11,630   500,000           X              1   500,000
YAHOO INC                    COM   984332-10-6       2,326   100,000           X              2   100,000
ZIMMER HOLDINGS INC          COM   98956P-10-2         268     4,050           X              1     4,050
                                               -----------
                                                 2,211,564
                                               ===========