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, 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 May 9, 2007 ------------------------------------- ------------------ ----------- [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: 276 --- Form 13F Information Table Value Total: $1,982,938 ----------- (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 THE CHUBB CORPORATION PERIOD ENDING MARCH 31, 2007 REPORTING MANAGER 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 WRLD ASSUR COM HLDG COM G0219G-20-3 399,499 9,345,000 X 9,345,000 ACCENTURE LTD COM G1150G-11-1 11,982 310,900 X 1 310,900 SEAGATE TECHNOLOGY COM G7945J-10-4 2,796 120,000 X 1 120,000 SEAGATE TECHNOLOGY COM G7945J-10-4 6,990 300,000 X 2 300,000 XL CAPITAL LTD CLASS A COM G98255-10-5 2 33 X 33 XL CAPITAL LTD CLASS A COM G98255-10-5 9,092 129,967 X 1 129,967 XL CAPITAL LTD CLASS A COM G98255-10-5 3,498 50,000 X 2 50,000 FLEXTRONICS INTL LTD COM Y2573F-10-2 5,544 506,724 X 1 506,724 FLEXTRONICS INTL LTD COM Y2573F-10-2 3,757 343,376 X 2 343,376 AES CORPORATION COM 00130H-10-5 13,237 615,100 X 1 615,100 AT&T INC COM 00206R-10-2 3,943 100,000 X 100,000 AT&T INC COM 00206R-10-2 8,280 210,000 X 1 210,000 AT&T INC COM 00206R-10-2 14,983 380,000 X 2 380,000 ALCAN ALUMINUM COM 013716-10-5 13,050 250,000 X 1 250,000 ALCOA INC COM 013817-10-1 11,865 350,000 X 1 350,000 ALCOA INC COM 013817-10-1 3,390 100,000 X 2 100,000 ALPHATEC HOLDINGS COM 02081G-10-2 12,599 2,999,834 X 1 2,999,834 AMEREN CORPORATION COM 023608-10-2 9,386 186,600 X 1 186,600 AMEREN CORPORATION COM 023608-10-2 4,698 93,400 X 2 93,400 AMGEN INC COM 031162-10-0 2,794 50,000 X 50,000 AMGEN INC COM 031162-10-0 5,588 100,000 X 2 100,000 ATMOS ENERGY CORP COM 049560-10-5 2,189 70,000 X 1 70,000 ATMOS ENERGY CORP COM 049560-10-5 17,204 550,000 X 2 550,000 AVERY DENNISON CORP COM 053611-10-9 2,268 35,300 X 35,300 AVERY DENNISON CORP COM 053611-10-9 9,292 144,600 X 1 144,600 AVIS BUDGET GROUP COM 053774-10-5 683 25,000 X 1 25,000 AVIS BUDGET GROUP COM 053774-10-5 820 30,000 X 2 30,000 AVON PRODUCTS COM 054303-10-2 11,178 300,000 X 1 300,000 AVON PRODUCTS COM 054303-10-2 4,844 130,000 X 2 130,000 BJ'S WHOLESALE CLUB INC COM 05548J-10-6 3,589 106,100 X 1 106,100 BJ'S WHOLESALE CLUB INC COM 05548J-10-6 2,503 74,000 X 2 74,000 BP PLC-SPONS ADR COM 055622-10-4 7,122 110,000 X 1 110,000 BANK OF AMERICA COM 060505-10-4 1,020 20,000 X 20,000 BANK OF AMERICA COM 060505-10-4 7,653 150,000 X 1 150,000 BANK OF AMERICA COM 060505-10-4 2,551 50,000 X 2 50,000 BARR PHARMACEUTICALS INC COM 068306-10-9 9,270 200,000 X 1 200,000 BARR PHARMACEUTICALS INC COM 068306-10-9 4,635 100,000 X 2 100,000 BAXTER INTERNATIONAL INC COM 071813-10-9 11,587 220,000 X 1 220,000 BAXTER INTERNATIONAL INC COM 071813-10-9 2,634 50,000 X 2 50,000 BIOGEN IDEC INC COM 09062X-10-3 9,324 210,100 X 1 210,100 BOSTON SCIENTIFIC CORP COM 101137-10-7 8,142 560,000 X 1 560,000 BOSTON SCIENTIFIC CORP COM 101137-10-7 2,036 140,000 X 2 140,000 BOWATER INC COM 102183-10-0 5,531 232,200 X 1 232,200 BOWATER INC COM 102183-10-0 3,521 147,800 X 2 147,800 BRISTOL MYERS SQUIBB COM 110122-10-8 5,274 190,000 X 1 190,000 NAME OF THE CHUBB CORPORATION PERIOD ENDING MARCH 31, 2007 REPORTING MANAGER 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 -------------- ----- ----------- ----------- --------- ---- ------ ------ ------- --------- ------ ---- BRISTOL MYERS SQUIBB COM 110122-10-8 8,328 300,000 X 2 300,000 CBS CORP-CL B COM 124857-20-2 9,725 317,900 X 1 317,900 CBS CORP-CL B COM 124857-20-2 1,900 62,100 X 2 62,100 CSX CORP COM 126408-10-3 8,811 220,000 X 1 220,000 CSX CORP COM 126408-10-3 3,204 80,000 X 2 80,000 CVS CORP COM 126650-10-0 4,199 123,000 X 1 123,000 CVS CORP COM 126650-10-0 4,677 137,000 X 2 137,000 CELESTICA INC COM 15101Q-10-8 6,130 1,000,000 X 1 1,000,000 CELESTICA INC COM 15101Q-10-8 613 100,000 X 2 100,000 CISCO SYSTEMS INC COM 17275R-10-2 3,217 126,000 X 1 126,000 CISCO SYSTEMS INC COM 17275R-10-2 6,995 274,000 X 2 274,000 CITIGROUP INC COM 172967-10-1 308 6,000 X 6,000 CITIGROUP INC COM 172967-10-1 11,500 224,000 X 1 224,000 CITIGROUP INC COM 172967-10-1 4,621 90,000 X 2 90,000 COCA COLA ENTERPRISES COM 191219-10-4 7,975 393,847 X 1 393,847 COCA COLA ENTERPRISES COM 191219-10-4 6,200 306,153 X 2 306,153 COLGATE PALMOLIVE COM 194162-10-3 8,015 120,000 X 1 120,000 COMERICA INC COM 200340-10-7 4,730 80,000 X 1 80,000 COMERICA INC COM 200340-10-7 1,182 20,000 X 2 20,000 COMMUNITY HEALTH SYSTEMS INC COM 203668-10-8 8,812 250,000 X 1 250,000 COMMUNITY HEALTH SYSTEMS INC COM 203668-10-8 7,050 200,000 X 2 200,000 CONOCOPHILLIPS COM 20825C-10-4 12,987 190,000 X 1 190,000 CONSOLIDATED EDISON INC COM 209115-10-4 2,553 50,000 X 50,000 CONSOLIDATED EDISON INC COM 209115-10-4 8,348 163,500 X 1 163,500 CONSOLIDATED EDISON INC COM 209115-10-4 5,106 100,000 X 2 100,000 CONSTELLATION BRANDS INC-A COM 21036P-10-8 9,955 470,000 X 1 470,000 CORNING INC COM 219350-10-5 6,822 300,000 X 1 300,000 CORNING INC COM 219350-10-5 4,548 200,000 X 2 200,000 COVENTRY HEALTH CARE INC COM 222862-10-4 452 8,059 X 8,059 COVENTRY HEALTH CARE INC COM 222862-10-4 11,126 198,509 X 1 198,509 COVENTRY HEALTH CARE INC COM 222862-10-4 4,676 83,432 X 2 83,432 DTE ENERGY COMPANY COM 233331-10-7 7,185 150,000 X 150,000 DTE ENERGY COMPANY COM 233331-10-7 4,790 100,000 X 1 100,000 DTE ENERGY COMPANY COM 233331-10-7 4,776 99,700 X 2 99,700 DEAN FOODS CO COM 242370-10-4 11,685 250,000 X 1 250,000 DEAN FOODS CO COM 242370-10-4 1,402 30,000 X 2 30,000 DELL INC COM 24702R-10-1 12,766 550,000 X 1 550,000 DOLLAR GENERAL CORP COM 256669-10-2 3,173 150,000 X 1 150,000 DOLLAR GENERAL CORP COM 256669-10-2 5,288 250,000 X 2 250,000 DOLLAR TREE STORES INC COM 256747-10-6 9,178 240,000 X 1 240,000 DOLLAR TREE STORES INC COM 256747-10-6 4,206 110,000 X 2 110,000 DOW CHEMICAL CO COM 260543-10-3 16,510 360,000 X 1 360,000 DUKE ENERGY CORP COM 26441C-10-5 4,115 202,800 X 202,800 DUKE ENERGY CORP COM 26441C-10-5 3,960 195,156 X 1 195,156 DUKE ENERGY CORP COM 26441C-10-5 4,903 241,644 X 2 241,644 NAME OF THE CHUBB CORPORATION PERIOD ENDING MARCH 31, 2007 REPORTING MANAGER 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 -------------- ----- ----------- ----------- --------- ---- ------ ------ ------- --------- ------ ---- EL PASO CORP COM 28336L-10-9 7,235 500,000 X 1 500,000 EMBARQ CORP COM 29078E-10-5 338 6,000 X 6,000 EMBARQ CORP COM 29078E-10-5 845 15,000 X 1 15,000 ENERGY EAST CORPORATION COM 29266M-10-9 2,353 96,600 X 96,600 ENERGY EAST CORPORATION COM 29266M-10-9 7,900 324,300 X 1 324,300 ENERGY EAST CORPORATION COM 29266M-10-9 4,032 165,500 X 2 165,500 ERICSSON (LM) TEL-SP ADR COM 294821-60-8 5,118 138,000 X 1 138,000 ERICSSON (LM) TEL-SP ADR COM 294821-60-8 8,605 232,000 X 2 232,000 FAMILY DOLLAR STORES COM 307000-10-9 8,886 300,000 X 1 300,000 FAMILY DOLLAR STORES COM 307000-10-9 2,370 80,000 X 2 80,000 FEDERAL HOME LOAN MTG CORP COM 313400-30-1 10,113 170,000 X 1 170,000 FNMA COM 313586-10-9 10,916 200,000 X 1 200,000 FNMA COM 313586-10-9 2,729 50,000 X 2 50,000 FISERVE INC COM 337738-10-8 5,306 100,000 X 1 100,000 FISERVE INC COM 337738-10-8 2,918 55,000 X 2 55,000 GENERAL ELECTRIC COM 369604-10-3 8,486 240,000 X 1 240,000 GENERAL ELECTRIC COM 369604-10-3 6,718 190,000 X 2 190,000 GENERAL MILLS INC COM 370334-10-4 2,911 50,000 X 1 50,000 GENERAL MILLS INC COM 370334-10-4 6,986 120,000 X 2 120,000 GENWORTH FINANCIAL INC-CL A COM 37247D-10-6 6,988 200,000 X 1 200,000 GENWORTH FINANCIAL INC-CL A COM 37247D-10-6 2,795 80,000 X 2 80,000 GLAXOSMITHKLINE PLC-ADR COM 37733W-10-5 10,002 181,000 X 1 181,000 GREAT PLAINS ENERGY INC COM 391164-10-0 7,645 235,600 X 1 235,600 GREAT PLAINS ENERGY INC COM 391164-10-0 5,565 171,500 X 2 171,500 HARTFORD FINANCIAL SERVICES COM 416515-10-4 3,823 40,000 X 40,000 HARTFORD FINANCIAL SERVICES COM 416515-10-4 5,735 60,000 X 1 60,000 HEALTHCARE SERVICES GROUP COM 421906-10-8 242 8,461 X 1 8,461 HJ HEINZ CO COM 423074-10-3 9,424 200,000 X 1 200,000 HONEYWELL INTERNATIONAL INC COM 438516-10-6 3,817 82,878 X 1 82,878 HONEYWELL INTERNATIONAL INC COM 438516-10-6 2,303 50,000 X 2 50,000 IDEARC INC COM 451663-10-8 44 1,250 X 1,250 IDEARC INC COM 451663-10-8 328 9,352 X 1 9,352 IDEARC INC COM 451663-10-8 448 12,750 X 2 12,750 INTEL CORP COM 458140-10-0 4,783 250,000 X 250,000 INTEL CORP COM 458140-10-0 2,870 150,000 X 1 150,000 INTEL CORP COM 458140-10-0 1,913 100,000 X 2 100,000 INTERNATIONAL BUSINESS MACHI COM 459200-10-1 13,196 140,000 X 1 140,000 INTERNATIONAL PAPER CO COM 460146-10-3 11,648 320,000 X 1 320,000 INTERNATIONAL PAPER CO COM 460146-10-3 1,489 40,900 X 2 40,900 INTERPUBLIC GROUP OF COS INC COM 460690-10-0 2,462 200,000 X 200,000 INTERPUBLIC GROUP OF COS INC COM 460690-10-0 8,276 672,300 X 1 672,300 INTERPUBLIC GROUP OF COS INC COM 460690-10-0 1,022 83,000 X 2 83,000 JP MORGAN CHASE & CO COM 46625H-10-0 2,245 46,400 X 46,400 JP MORGAN CHASE & CO COM 46625H-10-0 9,366 193,600 X 1 193,600 JP MORGAN CHASE & CO COM 46625H-10-0 1,935 40,000 X 2 40,000 NAME OF THE CHUBB CORPORATION PERIOD ENDING MARCH 31, 2007 REPORTING MANAGER 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 -------------- ----- ----------- ----------- --------- ---- ------ ------ ------- --------- ------ ---- JABIL CIRCUIT INC COM 466313-10-3 9,420 440,000 X 1 440,000 KEYSPAN CORP COM 49337W-10-0 2,420 58,800 X 58,800 KEYSPAN CORP COM 49337W-10-0 7,325 178,000 X 1 178,000 KEYSPAN CORP COM 49337W-10-0 5,761 140,000 X 2 140,000 LEXMARK INTL GROUP INC COM 529771-10-7 6,331 108,300 X 1 108,300 LIFE POINT HOSPITALS COM 53219L-10-9 8,026 210,000 X 1 210,000 LIFE POINT HOSPITALS COM 53219L-10-9 5,641 147,600 X 2 147,600 LIZ CLAIBORNE INC COM 539320-10-1 4,285 100,000 X 1 100,000 LIZ CLAIBORNE INC COM 539320-10-1 2,571 60,000 X 2 60,000 LORAL SPACE & COMMUNICATIONS COM 543881-10-6 216 4,250 X 1 4,250 LUBRIZOL CORP COM 549271-10-4 8,760 170,000 X 1 170,000 MANOR CARE INC COM 564055-10-1 6,523 120,000 X 1 120,000 MANOR CARE INC COM 564055-10-1 3,262 60,000 X 2 60,000 MANULIFE FINANCIAL SERVICE COM 56501R-10-6 3,952 114,734 X 114,734 MCAFEE INC COM 579064-10-6 7,997 275,000 X 1 275,000 MCAFEE INC COM 579064-10-6 2,478 85,200 X 2 85,200 MCDONALDS CORP COM 580135-10-1 7,969 176,900 X 1 176,900 MCDONALDS CORP COM 580135-10-1 5,546 123,100 X 2 123,100 MEDCO HEALTH SOLUTIONS INC COM 58405U-10-2 5,802 80,000 X 1 80,000 MEDCO HEALTH SOLUTIONS INC COM 58405U-10-2 2,901 40,000 X 2 40,000 MERRILL LYNCH & CO COM 590188-10-8 7,350 90,000 X 1 90,000 MERRILL LYNCH & CO COM 590188-10-8 817 10,000 X 2 10,000 MICROSOFT CORP COM 594918-10-4 1,115 40,000 X 40,000 MICROSOFT CORP COM 594918-10-4 3,902 140,000 X 1 140,000 MICROSOFT CORP COM 594918-10-4 3,344 120,000 X 2 120,000 MORGAN STANLEY DEAN WITTER COM 617446-44-8 8,664 110,000 X 1 110,000 THE MOSAIC CO COM 61945A-10-7 5,708 214,100 X 214,100 THE MOSAIC CO COM 61945A-10-7 9,664 362,500 X 1 362,500 THE MOSAIC CO COM 61945A-10-7 1,157 43,400 X 2 43,400 MOTOROLA INC COM 620076-10-9 10,249 580,000 X 1 580,000 MOTOROLA INC COM 620076-10-9 2,120 120,000 X 2 120,000 NATIONAL CITY CORP COM 635405-10-3 4,421 118,700 X 1 118,700 NATIONAL CITY CORP COM 635405-10-3 3,166 85,000 X 2 85,000 NEWELL RUBBERMAID INC COM 651229-10-6 8,096 260,400 X 1 260,400 NEWELL RUBBERMAID INC COM 651229-10-6 3,718 119,600 X 2 119,600 NEWTEK BUSINESS SERVICES INC COM 652526-10-4 4 2,000 X 2,000 NEWTEK BUSINESS SERVICES INC COM 652526-10-4 131 64,500 X 1 64,500 NISOURCE INC COM 65473P-10-5 8,190 335,100 X 1 335,100 NISOURCE INC COM 65473P-10-5 5,252 214,900 X 2 214,900 NORFOLK SOUTHERN CORPORATION COM 655844-10-8 6,578 130,000 X 1 130,000 NORFOLK SOUTHERN CORPORATION COM 655844-10-8 4,554 90,000 X 2 90,000 NORTHROP GRUMMAN CORP COM 666807-10-2 11,133 150,000 X 1 150,000 NSTAR COM 67019E-10-7 1,075 30,600 X 30,600 NSTAR COM 67019E-10-7 7,003 199,400 X 1 199,400 NSTAR COM 67019E-10-7 5,970 170,000 X 2 170,000 NAME OF THE CHUBB CORPORATION PERIOD ENDING MARCH 31, 2007 REPORTING MANAGER 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 -------------- ----- ----------- ----------- --------- ---- ------ ------ ------- --------- ------ ---- OGE ENERGY CORP COM 670837-10-3 101 2,600 X 2,600 OGE ENERGY CORP COM 670837-10-3 1,009 26,000 X 1 26,000 OFFICE DEPOT INC COM 676220-10-6 10,550 300,224 X 1 300,224 OMNICARE INC COM 681904-10-8 5,369 135,000 X 1 135,000 OMNICARE INC COM 681904-10-8 5,568 140,000 X 2 140,000 ORACLE CORP COM 68389X-10-5 907 50,000 X 50,000 ORACLE CORP COM 68389X-10-5 2,901 160,000 X 1 160,000 ORACLE CORP COM 68389X-10-5 1,450 80,000 X 2 80,000 OWENS ILLINOIS COM 690768-40-3 8,875 344,400 X 1 344,400 OWENS ILLINOIS COM 690768-40-3 10,195 395,600 X 2 395,600 PEPCO HOLDINGS INC COM 713291-10-2 2,902 100,000 X 100,000 PEPCO HOLDINGS INC COM 713291-10-2 9,507 327,600 X 1 327,600 PEPCO HOLDINGS INC COM 713291-10-2 8,433 290,600 X 2 290,600 PFIZER INC COM 717081-10-3 9,927 393,000 X 1 393,000 PFIZER INC COM 717081-10-3 2,021 80,000 X 2 80,000 PINNACLE WEST CAPITAL COM 723484-10-1 2,413 50,000 X 50,000 PINNACLE WEST CAPITAL COM 723484-10-1 12,545 260,000 X 1 260,000 PINNACLE WEST CAPITAL COM 723484-10-1 3,378 70,000 X 2 70,000 PLANTRONICS INC COM 727493-10-8 9,460 400,500 X 1 400,500 PLANTRONICS INC COM 727493-10-8 4,523 191,500 X 2 191,500 PRIDE INTERNATIONAL INC COM 74153Q-10-2 5,719 190,000 X 1 190,000 PRIDE INTERNATIONAL INC COM 74153Q-10-2 5,719 190,000 X 2 190,000 PROGRESS ENERGY INC COM 743263-10-5 1,009 20,000 X 20,000 PROGRESS ENERGY INC COM 743263-10-5 8,181 162,200 X 1 162,200 PROGRESS ENERGY INC COM 743263-10-5 6,577 130,400 X 2 130,400 PUGET ENERGY INC COM 745310-10-2 6,792 264,500 X 1 264,500 PUGET ENERGY INC COM 745310-10-2 4,954 192,900 X 2 192,900 QUEST DIAGNOSTICS INC COM 74834L-10-0 14,961 300,000 X 1 300,000 RADIOSHACK CORP COM 750438-10-3 13,010 481,300 X 1 481,300 RADIOSHACK CORP COM 750438-10-3 7,263 268,700 X 2 268,700 ROWAN COMPANIES INC COM 779382-10-0 8,117 250,000 X 1 250,000 ROYAL DUTCH SHELL PLC COM 780259-20-6 6,630 100,000 X 1 100,000 SANMINA CORP COM 800907-10-7 8,138 2,248,000 X 1 2,248,000 SANMINA CORP COM 800907-10-7 724 200,000 X 2 200,000 SANOFI-AVENTIS-ADR COM 80105N-10-5 13,053 300,000 X 1 300,000 SCANA CORP COM 80589M-10-2 414 9,600 X 9,600 SCANA CORP COM 80589M-10-2 5,025 116,400 X 1 116,400 SCANA CORP COM 80589M-10-2 2,068 47,900 X 2 47,900 SMITHFIELD FOODS INC COM 832248-10-8 10,854 362,400 X 1 362,400 SMITHFIELD FOODS INC COM 832248-10-8 2,624 87,600 X 2 87,600 SOUTHERN CO COM 842587-10-7 2,529 69,000 X 69,000 SOUTHERN CO COM 842587-10-7 8,026 219,000 X 1 219,000 SOUTHERN CO COM 842587-10-7 4,105 112,000 X 2 112,000 SPECTRA ENERGY CORP COM 847560-10-9 2,664 101,400 X 101,400 SPECTRA ENERGY CORP COM 847560-10-9 2,563 97,578 X 1 97,578 NAME OF THE CHUBB CORPORATION PERIOD ENDING MARCH 31, 2007 REPORTING MANAGER 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 -------------- ----- ----------- ----------- --------- ---- ------ ------ ------- --------- ------ ---- SPECTRA ENERGY CORP COM 847560-10-9 3,174 120,822 X 2 120,822 SPRINT CORP COM 852061-10-0 2,275 120,000 X 120,000 SPRINT CORP COM 852061-10-0 8,532 450,000 X 1 450,000 SPRINT CORP COM 852061-10-0 1,138 60,000 X 2 60,000 STAGE STORES COM 85254C-30-5 411 17,642 X 17,642 STAR GAS PARTNERS LP COM 85512C-10-5 375 95,939 X 1 95,939 SYMANTEC CORP COM 871503-10-8 5,190 300,000 X 1 300,000 SYMANTEC CORP COM 871503-10-8 5,190 300,000 X 2 300,000 TEVA PHARMACEUTICAL-SP ADR COM 881624-20-9 11,229 300,000 X 1 300,000 TEVA PHARMACEUTICAL-SP ADR COM 881624-20-9 3,743 100,000 X 2 100,000 THERMO FISHER SCIENTIFIC INC COM 883556-10-2 12,468 266,700 X 1 266,700 TIME WARNER INC COM 887317-10-5 986 50,000 X 50,000 TIME WARNER INC COM 887317-10-5 5,916 300,000 X 1 300,000 TIME WARNER INC COM 887317-10-5 6,902 350,000 X 2 350,000 TOTAL SA-SPON ADR COM 89151E-10-9 13,956 200,000 X 1 200,000 TRAVELERS COS INC COM 89417E-10-9 915 17,678 X 17,678 TRAVELERS COS INC COM 89417E-10-9 5,720 110,481 X 1 110,481 TRAVELERS COS INC COM 89417E-10-9 5,790 111,841 X 2 111,841 TRIAD HOSPITALS INC COM 89579K-10-9 15,675 300,000 X 1 300,000 TYCO INTERNATIONAL COM 902124-10-6 7,887 250,000 X 1 250,000 TYCO INTERNATIONAL COM 902124-10-6 4,417 140,000 X 2 140,000 TYSON FOODS INC-CL A COM 902494-10-3 10,823 557,600 X 1 557,600 TYSON FOODS INC-CL A COM 902494-10-3 4,705 242,400 X 2 242,400 US BANCORP COM 902973-30-4 2,098 60,000 X 1 60,000 US BANCORP COM 902973-30-4 2,798 80,000 X 2 80,000 USI HOLDINGS CORP COM 90333H-10-1 472 28,038 X 1 28,038 UNION PACIFIC CORP COM 907818-10-8 12,186 120,000 X 1 120,000 UNUM GROUP COM 91529Y-10-6 12,667 550,000 X 1 550,000 VECTREN CORPORATION COM 92240G-10-1 8,580 300,000 X 1 300,000 VECTREN CORPORATION COM 92240G-10-1 7,150 250,000 X 2 250,000 VERISIGN COM 92343E-10-2 11,304 450,000 X 1 450,000 VERIZON COMMUNICATIONS COM 92343V-10-4 948 25,000 X 25,000 VERIZON COMMUNICATIONS COM 92343V-10-4 7,093 187,043 X 1 187,043 VERIZON COMMUNICATIONS COM 92343V-10-4 9,670 255,000 X 2 255,000 VIACOM INC CL B COM 92553P-20-1 12,333 300,000 X 1 300,000 WACHOVIA CORP COM 929903-10-2 7,157 130,000 X 1 130,000 WACHOVIA CORP COM 929903-10-2 3,854 70,000 X 2 70,000 WAL-MART COM 931142-10-3 10,335 220,134 X 1 220,134 WASTE MANAGEMENT INC COM 94106L-10-9 5,162 150,000 X 1 150,000 WASTE MANAGEMENT INC COM 94106L-10-9 2,409 70,000 X 2 70,000 WESTERN DIGITAL CORP COM 958102-10-5 6,669 396,700 X 1 396,700 WESTERN DIGITAL CORP COM 958102-10-5 1,736 103,300 X 2 103,300 WILLIAMS COMPANIES COM 969457-10-0 9,961 350,000 X 1 350,000 WYETH US COM 983024-10-0 1,001 20,000 X 20,000 WYETH US COM 983024-10-0 4,253 85,000 X 1 85,000 NAME OF THE CHUBB CORPORATION PERIOD ENDING MARCH 31, 2007 REPORTING MANAGER 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 -------------- ----- ----------- ----------- --------- ---- ------ ------ ------- --------- ------ ---- WYETH US COM 983024-10-0 3,252 65,000 X 2 65,000 WYNDHAM WORLDWIDE CORP COM 98310W-10-8 1,707 50,000 X 1 50,000 WYNDHAM WORLDWIDE CORP COM 98310W-10-8 2,049 60,000 X 2 60,000 XCEL ENERGY INC COM 98389B-10-0 10,493 425,000 X 425,000 XCEL ENERGY INC COM 98389B-10-0 7,844 317,700 X 1 317,700 ZIMMER HOLDINGS INC COM 98956P-10-2 346 4,050 X 1 4,050 --------- 1,982,938 =========