SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

MOTAMED THOMAS F

(Last)

(First)

(Middle)

15 MOUNTAIN VIEW ROAD

P.O. BOX 1615

(Street)

WARREN

070611615

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
CHUBB CORP [ CB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Vice Chairman & C.O.O.

3. Date of Earliest Transaction (Month/Day/Year)
11/24/2003

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
COMMON	11/24/2003		X		2,348	A	$48.75	53,036.07	D
COMMON	11/24/2003		S		2,348	D	$64.05	50,688.07	D
COMMON	11/24/2003		X		3,100	A	$48.75	56,136.07	D
COMMON	11/24/2003		S		3,100	D	$64.05	53,036.07	D
COMMON	11/24/2003		X		30,000	A	$47.97	86,136.07	D
COMMON	11/24/2003		S		30,000	D	$64.05	56,136.07	D
COMMON								893.62	I	By 401(k) Trustee
COMMON								3,046.96	I	By ESOP

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
STOCK OPTION⁽¹⁾	$48.75	11/24/2003		C			2,348	03/01/1998	02/27/2006	COMMON	2,348	$48.75	0.00	D
STOCK OPTION⁽¹⁾	$48.75	11/24/2003		C			3,100	08/06/1998	08/05/2006	COMMON	3,100	$48.75	0.00	D
STOCK OPTION⁽¹⁾	$47.97	11/24/2003		C			30,000	03/02/2002	03/02/2010	COMMON	30,000	$47.97	58,999	D
STOCK OPTION⁽¹⁾	$60.75							03/06/1999	03/05/2007	COMMON	6,355		6,355	D
STOCK OPTION⁽¹⁾	$78.97							03/05/2000	03/04/2008	COMMON	23,755		23,755	D
STOCK OPTION⁽¹⁾	$59.78							03/11/2001	03/10/2009	COMMON	69,390		69,390	D
STOCK OPTION⁽¹⁾	$70.85							03/01/2003	03/01/2011	COMMON	56,707		56,707	D
STOCK OPTION⁽¹⁾	$73.68							03/07/2003	03/07/2012	COMMON	55,086		55,086	D
STOCK OPTION⁽¹⁾	$46.05							03/06/2004	03/06/2013	COMMON	42,601		42,601	D
STOCK OPTION⁽¹⁾	$46.05							03/06/2005	03/06/2013	COMMON	42,601		42,601	D
STOCK OPTION⁽¹⁾	$46.05							03/06/2004	03/06/2008	COMMON	42,601		42,601	D
STOCK OPTION⁽¹⁾	$46.05							03/06/2005	03/06/2008	COMMON	42,601		42,601	D
PERFORMANCE SHARE	$0.00							08/08/1988	08/08/1988	COMMON	34,397		34,397	D
STOCK OPTION⁽¹⁾	$59.96							03/02/2002	03/02/2005	COMMON	88,999		88,999	D
STOCK OPTION⁽¹⁾	$88.56							03/01/2003	03/01/2006	COMMON	56,707		56,707	D
STOCK OPTION⁽¹⁾	$57.31							09/09/1999	06/08/2005	COMMON	1,744		1,744	D
STOCK OPTION⁽¹⁾	$57.31							09/09/2001	06/08/2004	COMMON	1,029		1,029	D
STOCK OPTION⁽¹⁾	$79.28							09/13/2000	02/27/2006	COMMON	1,068		1,068	D
STOCK OPTION⁽¹⁾	$83.84							12/21/2000	03/10/2009	COMMON	596		596	D
STOCK OPTION⁽¹⁾	$83.84							12/21/2000	03/05/2007	COMMON	1,191		1,191	D
STOCK OPTION⁽¹⁾	$92.1							03/07/2003	03/07/2012	COMMON	27,543		27,543	D
STOCK OPTION⁽¹⁾	$92.1							03/07/2004	03/07/2012	COMMON	27,543		27,543	D

Explanation of Responses:

1. All Stock Options are granted in tandem with tax withholding rights.

Remarks:

	By: Patricia S. Tomczyk, POA	11/25/2003
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.