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 *
BAIRD ZOE
  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)
(Last)
(First)
(Middle)
THE MARKLE FOUNDATION, 10 ROCKEFELLER PLAZA, 16TH FLOOR
3. Date of Earliest Transaction (Month/Day/Year)
03/03/2005
(Street)

NEW YORK, NY 10020
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               500 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
MARKET VALUE UNITS (1) $ 0 03/03/2005   A   19.01     (1)   (1) COMMON 19.01 $ 78.92 1,896.03 D  
MARKET VALUE UNITS (1) $ 0 03/04/2005   A   18.84     (1)   (1) COMMON 18.84 $ 79.6 1,914.87 D  
MARKET VALUE UNITS (1) $ 0 03/04/2005   A   18.84     (1)   (1) COMMON 18.84 $ 79.6 1,933.71 D  
PERFORMANCE SHARES 2004 (2) $ 0 (3)               (2)   (2) COMMON 1,930   1,930 D  
STOCK OPTION (4) $ 60.06             04/27/1999 04/21/2030 COMMON 4,000   4,000 D  
STOCK OPTION (4) $ 64             04/25/2000 04/21/2030 COMMON 4,000   4,000 D  
STOCK OPTION (4) $ 64.9             04/24/2001 04/21/2030 COMMON 4,000   4,000 D  
STOCK OPTION (4) $ 76.32             04/30/2002 04/21/2030 COMMON 4,000   4,000 D  
STOCK OPTION (4) $ 53.02             04/29/2003 04/21/2030 COMMON 4,000   4,000 D  
STOCK UNITS (5) $ 0 (5)               (5)   (5) COMMON 322   322 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
BAIRD ZOE
THE MARKLE FOUNDATION
10 ROCKEFELLER PLAZA, 16TH FLOOR
NEW YORK, NY 10020
  X      

Signatures

 By: Patricia S. Tomczyk, POA   03/07/2005
**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) 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.
(2) 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.
(3) Variable Pricing
(4) All Stock Options are granted in tandem with tax withholding rights.
(5) 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.

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