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

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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^*

BECK JOHN C

(Last)

(First)

(Middle)

BECK, MACK, OLIVER LLC

360 MADISON AVENUE, 20TH FLOOR

(Street)

NEW YORK

100177111

(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)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/11/2004

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								2,600	D
COMMON								1,000	I⁽¹⁾	HELD IN TRUST

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)
MARKET VALUE UNITS⁽²⁾	$0.00	02/11/2004		A		21.03		⁽²⁾	⁽²⁾	COMMON	21.03	$71.32	20,323.09	D
STOCK OPTION⁽³⁾	$17.11							04/25/1989	04/26/2007	COMMON	4,000		4,000	D
STOCK OPTION⁽³⁾	$22.09							04/24/1990	04/26/2007	COMMON	4,000		4,000	D
STOCK OPTION⁽³⁾	$34.59							04/23/1991	04/26/2007	COMMON	4,000		4,000	D
STOCK OPTION⁽³⁾	$32.59							04/28/1992	04/26/2007	COMMON	4,000		4,000	D
STOCK OPTION⁽³⁾	$43.47							04/27/1993	04/26/2009	COMMON	4,000		4,000	D
STOCK OPTION⁽³⁾	$38.75							04/26/1994	04/26/2009	COMMON	4,000		4,000	D
STOCK OPTION⁽³⁾	$39.38							04/25/1995	04/26/2009	COMMON	4,000		4,000	D
STOCK OPTION⁽³⁾	$46.97							04/23/1996	04/26/2009	COMMON	4,000		4,000	D
STOCK OPTION⁽³⁾	$55.25							04/22/1997	04/26/2009	COMMON	4,000		4,000	D
STOCK OPTION⁽³⁾	$77.56							04/28/1998	04/26/2009	COMMON	4,000		4,000	D
STOCK OPTION⁽³⁾	$60.06							04/27/1999	04/26/2009	COMMON	4,000		4,000	D
STOCK OPTION⁽³⁾	$64							04/25/2000	04/26/2009	COMMON	4,000		4,000	D
STOCK OPTION⁽³⁾	$64.9							04/24/2001	04/26/2009	COMMON	4,000		4,000	D
STOCK OPTION⁽³⁾	$76.32							04/30/2002	04/26/2009	COMMON	4,000		4,000	D
STOCK OPTION⁽³⁾	$53.02							04/29/2003	04/26/2009	COMMON	4,000		4,000	D

Explanation of Responses:

1. Shares are held in trust, of which Mr. Beck is a Beneficiary.

2. Market Value Units in The Chubb Corporation Directors Deferred Compensation Plan. Units are payable in common stock only and the value of such units are based on the market value of the Coporation's common stock.

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

Remarks:

	By: Patricia S. Tomczyk, POA	02/12/2004
	** 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.
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