Edgar Filing: COHEN JOEL J

Ownership Submission

FORM 4

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

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

COHEN JOEL J

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)	__X__ Other (specify below)
Lead Director

(Last)

(First)

(Middle)

SAGENT ADVISORS INC., 299 PARK AVENUE, 24TH FLOOR

3. Date of Earliest Transaction (Month/Day/Year)
04/26/2005

(Street)

NEW YORK, NY 10171

4. If Amendment, Date 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

(City)

(State)

(Zip)

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)
			Code	V	Amount	(A) or (D)	Price
COMMON								8,900	D

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
	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 control number.		SEC 1474 (9-02)

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 Underlying Securities
(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 of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

PERFORMANCE SHARES 2005 ⁽¹⁾

$ 0 ⁽²⁾

04/26/2005

1,722

⁽¹⁾

COMMON

1,722

$ 78.46

1,722

STOCK UNITS 2005 ⁽³⁾

$ 0 ⁽²⁾

04/26/2005

287

⁽³⁾

COMMON

287

$ 78.46

287

MARKET VALUE UNITS ⁽⁴⁾

$ 0 ⁽²⁾

⁽⁴⁾

COMMON

15,925.94

PERFORMANCE SHARES 2004 ⁽⁵⁾

$ 0 ⁽²⁾

⁽⁵⁾

COMMON

1,930

STOCK OPTION

$ 57.78

12/06/2002

12/05/2012

COMMON

36,347

STOCK OPTION ⁽⁶⁾

$ 22.09

04/24/1990

04/26/2013

COMMON

4,000

STOCK OPTION ⁽⁶⁾

$ 34.59

04/23/1991

04/26/2013

COMMON

4,000

STOCK OPTION ⁽⁶⁾

$ 32.59

04/28/1992

04/26/2013

COMMON

4,000

STOCK OPTION ⁽⁶⁾

$ 43.47

04/27/1993

04/26/2015

COMMON

4,000

STOCK OPTION ⁽⁶⁾

$ 38.75

04/26/1994

04/26/2015

COMMON

4,000

STOCK OPTION ⁽⁶⁾

$ 39.38

04/25/1995

04/26/2015

COMMON

4,000

STOCK OPTION ⁽⁶⁾

$ 46.97

04/23/1996

04/26/2015

COMMON

4,000

STOCK OPTION ⁽⁶⁾

$ 55.25

04/22/1997

04/26/2015

COMMON

4,000

STOCK OPTION ⁽⁶⁾

$ 77.56

04/28/1998

04/26/2015

COMMON

4,000

STOCK OPTION ⁽⁶⁾

$ 60.06

04/27/1999

04/26/2015

COMMON

4,000

STOCK OPTION ⁽⁶⁾

$ 64

04/25/2000

04/26/2015

COMMON

4,000

STOCK OPTION ⁽⁶⁾

$ 64.9

04/24/2001

04/26/2015

COMMON

4,000

STOCK OPTION ⁽⁶⁾

$ 76.32

04/30/2002

04/26/2015

COMMON

4,000

STOCK OPTION

$ 53.02

04/29/2003

04/26/2015

COMMON

4,000

STOCK UNITS ⁽³⁾

$ 0 ⁽²⁾

⁽³⁾

COMMON

322

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
COHEN JOEL J SAGENT ADVISORS INC. 299 PARK AVENUE, 24TH FLOOR NEW YORK, NY 10171	X			Lead Director

Signatures

By: Patricia S. Tomczyk, POA		04/28/2005
^**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
(1)	Represents 200% of the target performance share award, which is the maximum number of shares issuable under this award for the performance cycle ending December 31, 2007.
(2)	Variable Pricing
(3)	Stock Units vest on the grant date and are payable in stock at the earlier of the third anniversary of the grant or termination of service as a director, unless subject to a deferral election.
(4)	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.
(5)	Represents 200% of the target performance share award, which is the maximum number of shares issuable under this award for the performance cycle ending December 31, 2006.
(6)	All Stock Options are granted in tandem with tax withholding rights.

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