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

                                    FORM 13F

                               FORM 13F COVER PAGE

Report for the Calendar Year or Quarter Ended:      December 31, 2002

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        February 13, 2003
------------------------   ----------------------    ---------------------
[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:                1
                                                  -

Form 13F Information Table Entry Total:         186
                                                ---

Form 13F Information Table Value Total:   $ 232,959
                                          ---------
                                          (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

                 NAME OF REPORTING MANAGER THE CHUBB CORPORATION
                         PERIOD ENDING DECEMBER 31, 2002

PAGE     1     FORM 13F      FILE NUMBER:     28  -  327






                                                                                                                 VOTING AUTHORITY
                                                                             INVESTMENT DISCRETION                   (SHARES)
                                                                           --------------------------            ----------------
                                                           FAIR MARKET
                                                              VALUE                            SHARED
NAME OF ISSUER                         CLASS     CUSIP        (000)        SHARES  SOLE SHARED OTHERS MANAGER   SOLE  SHARED NONE
--------------                         -----  -----------  -----------    -------  ---- ------ ------ ------- ------- ------ ----
                                                                                            
GLOBALSANTAFE CORP                     COM    G3930E-10-1         365      15,000         X                    15,000
GLOBALSANTAFE CORP                     COM    G3930E-10-1       1,457      59,890         X             1      59,890
PLATINUM UNDERWRITERS                  COM    G7127P-10-0         242       9,200         X                     9,200
TRANSOCEAN SEDCO FOREX INC             COM    G90078-10-9         464      20,000         X                    20,000
TRANSOCEAN SEDCO FOREX INC             COM    G90078-10-9       1,392      60,000         X             1      60,000
FLEXTRONICS INT'L                      COM    Y2573F-10-2         491      60,000         X                    60,000
FLEXTRONICS INT'L                      COM    Y2573F-10-2         807      98,500         X             1      98,500
ADC TELECOMMUNICATIONS                 COM    000886-10-1          63      30,000         X                    30,000
ADC TELECOMMUNICATIONS                 COM    000886-10-1         301     144,115         X             1     144,115
AOL TIME WARNER INC                    COM    00184A-10-5         961      73,375         X             1      73,375
AT&T WIRELESS                          COM    00209A-10-6         509      90,000         X                    90,000
AT&T WIRELESS                          COM    00209A-10-6         512      90,625         X             1      90,625
ABERCROMBIE & FITCH COMPANY            COM    002896-20-7       1,566      76,563         X             1      76,563
ACCREDO HEALTH INC                     COM    00437V-10-4         212       6,000         X                     6,000
THE ADVISORY BOARD                     COM    00762W-10-7         218       7,300         X                     7,300
ADVANCED MICRO                         COM    007903-10-7         420      65,000         X                    65,000
ADVANCED MICRO                         COM    007903-10-7         799     123,635         X             1     123,635
ALCOA INC                              COM    013817-10-1       1,822      80,000         X             1      80,000
ALLOY INC                              COM    019855-10-5         153      14,000         X                    14,000
AMEREN CORPORATION                     COM    023608-10-2       3,883      93,400         X                    93,400
AMEREN CORPORATION                     COM    023608-10-2       5,678     136,600         X             1     136,600
AMERICAN EAGLE OUTFITTERS              COM    02553E-10-6         792      57,500         X                    57,500
AMERICAN EAGLE OUTFITTERS              COM    02553E-10-6         645      46,818         X             1      46,818
AMERISOURCEBERGEN CORP                 COM    03073E-10-5       2,173      40,000         X             1      40,000
AMERIGROUP                             COM    03073T-10-2         243       8,000         X                     8,000
ATHEROGENICS INC                       COM    047439-10-4         151      20,400         X                    20,400
BJ'S WHOLESALE CLUB INC                COM    05548J-10-6         805      44,000         X                    44,000
BJ'S WHOLESALE CLUB INC                COM    05548J-10-6       1,210      66,100         X             1      66,100
BARNES AND NOBLE                       COM    067774-10-9         452      25,000         X                    25,000
BARNES AND NOBLE                       COM    067774-10-9       1,298      71,818         X             1      71,818
BAXTER INTERNATIONAL INC               COM    071813-10-9         420      15,000         X                    15,000
BAXTER INTERNATIONAL INC               COM    071813-10-9       1,680      60,000         X             1      60,000
BELLSOUTH CORPORATION                  COM    079860-10-2       2,070      80,000         X             1      80,000
CSX CORP                               COM    126408-10-3         283      10,000         X                    10,000
CSX CORP                               COM    126408-10-3       1,699      60,000         X             1      60,000
CVS CORP                               COM    126650-10-0       1,086      43,500         X                    43,500
CVS CORP                               COM    126650-10-0       1,411      56,500         X             1      56,500
CAREMARK RX                            COM    141705-10-3       1,322      81,325         X             1      81,325
CATERPILLAR INC -UK                    COM    149123-10-1         431       8,800         X             1       8,800
CINERGY CORP                           COM    172474-10-8       4,212     124,900         X                   124,900
CINERGY CORP                           COM    172474-10-8       4,218     125,100         X             1     125,100
CISCO SYSTEMS INC                      COM    17275R-10-2         314      24,000         X                    24,000
CISCO SYSTEMS INC                      COM    17275R-10-2       1,293      98,731         X             1      98,731
CITIGROUP INC                          COM    172967-10-1       1,619      46,000         X                    46,000
CITIGROUP INC                          COM    172967-10-1       1,548      44,000         X             1      44,000


                 NAME OF REPORTING MANAGER THE CHUBB CORPORATION
                         PERIOD ENDING DECEMBER 31, 2002

PAGE     2     FORM 13F      FILE NUMBER:     28  -  327






                                                                                                                 VOTING AUTHORITY
                                                                             INVESTMENT DISCRETION                   (SHARES)
                                                                           --------------------------            ----------------
                                                           FAIR MARKET
                                                              VALUE                            SHARED
NAME OF ISSUER                         CLASS     CUSIP        (000)        SHARES  SOLE SHARED OTHERS MANAGER   SOLE  SHARED NONE
--------------                         -----  -----------  -----------    -------  ---- ------ ------ ------- ------- ------ ----
                                                                                            
CITRIX SYSTEMS INC                     COM    177376-10-0         832      67,500         X                    67,500
CITRIX SYSTEMS INC                     COM    177376-10-0       1,179      95,693         X             1      95,693
COLGATE PALMOLIVE                      COM    194162-10-3         524      10,000         X                    10,000
COLGATE PALMOLIVE                      COM    194162-10-3       2,097      40,000         X             1      40,000
COMCAST CORP NEW CL A SPL              COM    20030N-20-0         678      30,000         X                    30,000
COMCAST CORP NEW CL A SPL              COM    20030N-20-0       1,355      60,000         X             1      60,000
CONCEPTUS INC                          COM    206016-10-7         159      13,300         X                    13,300
CONSOLIDATED EDISON INC                COM    209115-10-4       2,569      60,000         X                    60,000
CONSOLIDATED EDISON INC                COM    209115-10-4       7,708     180,000         X             1     180,000
CORPORATE EXECUTIVE BOARD CO           COM    21988R-10-2         217       6,800         X                     6,800
DTE ENERGY COMPANY                     COM    233331-10-7       1,378      29,700         X                    29,700
DTE ENERGY COMPANY                     COM    233331-10-7       1,856      40,000         X             1      40,000
DARDEN RESTAURANTS INC                 COM    237194-10-5       2,045     100,000         X             1     100,000
DUANE READE INC                        COM    263578-10-6          64       3,750         X                     3,750
DUANE READE INC                        COM    263578-10-6         255      15,000         X             1      15,000
EASTMAN CHEMICAL CO                    COM    277432-10-0       1,655      45,000         X             1      45,000
EDO CORPORATION                        COM    281347-10-4         249      12,000         X                    12,000
EL PASO ENER CORP CAP TRUST            PFD    283678-20-9         458      25,165         X             1      25,165
EXXON MOBIL CORP                       COM    30231G-10-2         349      10,000         X                    10,000
EXXON MOBIL CORP                       COM    30231G-10-2       1,747      50,000         X             1      50,000
FTI CONSULTING INC                     COM    302941-10-9         233       5,800         X                     5,800
FEDERAL HOME LOAN MTG CORP             COM    313400-30-1       2,657      45,000         X             1      45,000
FANNIE MAE                             COM    313586-10-9       2,006      31,177         X             1      31,177
FIRSTENERGY CORP                       COM    337932-10-7       2,143      65,000         X             1      65,000
FLEETBOSTON FINANCIAL                  COM    339030-10-8         486      20,000         X                    20,000
FLEETBOSTON FINANCIAL                  COM    339030-10-8       1,221      50,228         X             1      50,228
GENENTECH INC                          COM    368710-40-6         663      20,000         X                    20,000
GENENTECH INC                          COM    368710-40-6       1,161      35,000         X             1      35,000
GENERAL DYNAMICS                       COM    369550-10-8       1,984      25,000         X             1      25,000
GENERAL ELECTRIC                       COM    369604-10-3       1,218      50,000         X                    50,000
GENERAL ELECTRIC                       COM    369604-10-3       1,412      57,968         X             1      57,968
GENERAL MILLS INC                      COM    370334-10-4       3,052      65,000         X             1      65,000
GENESIS MICROCHIP INC                  COM    37184C-10-3         241      18,479         X                    18,479
GILLETTE CO                            COM    375766-10-2         607      20,000         X                    20,000
GILLETTE CO                            COM    375766-10-2       1,537      50,625         X             1      50,625
GOLDEN WEST FINL CORP                  COM    381317-10-6       2,154      30,000         X                    30,000
HARLEYSVILLE GROUP INC                 COM    412824-10-4         285      10,800         X                    10,800
HARTFORD FINANCIAL SERVICES            COM    416515-10-4       1,817      40,000         X                    40,000
HEALTH MGMT ASSOC                      COM    421933-10-2       2,148     120,000         X             1     120,000
HOME DEPOT INC                         COM    437076-10-2         961      40,000         X                    40,000
HOME DEPOT INC                         COM    437076-10-2         721      30,000         X             1      30,000
HONEYWELL INTERNATIONAL INC            COM    438516-10-6         765      31,878         X             1      31,878
HOT TOPIC                              COM    441339-10-8         237      10,350         X                    10,350
INTEL CORP                             COM    458140-10-0         311      20,000         X                    20,000
INTEL CORP                             COM    458140-10-0         934      60,000         X             1      60,000


                 NAME OF REPORTING MANAGER THE CHUBB CORPORATION
                         PERIOD ENDING DECEMBER 31, 2002

PAGE     3     FORM 13F      FILE NUMBER:     28  -  327






                                                                                                                 VOTING AUTHORITY
                                                                             INVESTMENT DISCRETION                   (SHARES)
                                                                           --------------------------            ----------------
                                                           FAIR MARKET
                                                              VALUE                            SHARED
NAME OF ISSUER                         CLASS     CUSIP        (000)        SHARES  SOLE SHARED OTHERS MANAGER   SOLE  SHARED NONE
--------------                         -----  -----------  -----------    -------  ---- ------ ------ ------- ------- ------ ----
                                                                                            
INTERNATIONAL BUSINESS MACH            COM    459200-10-1       1,938      25,000         X             1      25,000
JDS UNIPHASE CORP                      COM    46612J-10-1          12       5,000         X                     5,000
JDS UNIPHASE CORP                      COM    46612J-10-1          49      20,000         X             1      20,000
J P MORGAN                             COM    46625H-10-0         480      20,000         X                    20,000
J P MORGAN                             COM    46625H-10-0       1,440      60,000         X             1      60,000
KEYCORP                                COM    493267-10-8       1,886      75,000         X             1      75,000
KEYSPAN CORP                           COM    49337W-10-0       4,934     140,000         X                   140,000
KEYSPAN CORP                           COM    49337W-10-0       2,509      71,200         X             1      71,200
KIMBERLY-CLARK CORP                    COM    494368-10-3       1,670      35,188         X             1      35,188
KNIGHT TRANSPORTATION INC              COM    499064-10-3         268      12,761         X                    12,761
LABORATORY CRP OF AMER HLDG            COM    50540R-40-9         651      28,000         X                    28,000
LABORATORY CRP OF AMER HLDG            COM    50540R-40-9       1,441      62,000         X             1      62,000
ESTEE LAUDER CO CL-A                   COM    518439-10-4       1,845      69,880         X             1      69,880
LIN TV CORP                            COM    532774-10-6         319      13,100         X                    13,100
LUCENT                                 COM    549463-10-7         164     130,000         X                   130,000
LUCENT                                 COM    549463-10-7          79      62,823         X             1      62,823
MBNA CORP                              COM    55262L-10-0         571      30,000         X                    30,000
MBNA CORP                              COM    55262L-10-0       1,182      62,157         X             1      62,157
MAVERICK TUBE CORPORATION              COM    577914-10-4         177      13,600         X                    13,600
MCDATA CORP CLASS B                    COM    580031-10-2         146      20,800         X                    20,800
MCKESSON CORP                          COM    58155Q-10-3         541      20,000         X                    20,000
MCKESSON CORP                          COM    58155Q-10-3       2,027      75,000         X             1      75,000
MEDICAL STAFFING NETWORK               COM    58463F-10-4         259      16,200         X                    16,200
MERCK & CO                             COM    589331-10-7         566      10,000         X                    10,000
MERCK & CO                             COM    589331-10-7       1,981      35,000         X             1      35,000
MERRILL LYNCH & CO                     COM    590188-10-8       2,087      55,000         X             1      55,000
MICROSOFT CORP                         COM    594918-10-4       1,034      20,000         X                    20,000
MICROSOFT CORP                         COM    594918-10-4       2,585      50,000         X             1      50,000
NCO GROUP INC                          COM    628858-10-2         175      11,000         X                    11,000
NATIONAL-OILWELL                       COM    637071-10-1         546      25,000         X                    25,000
NATIONAL-OILWELL                       COM    637071-10-1       1,238      56,700         X             1      56,700
NETBANK INC                            COM    640933-10-7         109      11,300         X                    11,300
NOKIA OXJ                              COM    654902-20-4       1,336      86,200         X                    86,200
NOKIA OXJ                              COM    654902-20-4         798      51,494         X             1      51,494
NORFOLK SOUTHERN CORPORATION           COM    655844-10-8       1,199      60,000         X                    60,000
NORFOLK SOUTHERN CORPORATION           COM    655844-10-8       1,199      60,000         X             1      60,000
NORTEL NETWORKS CORP                   COM    656568-10-2          81      50,000         X                    50,000
NORTEL NETWORKS CORP                   COM    656568-10-2         400     248,255         X             1     248,255
NSTAR                                  COM    67019E-10-7         169       3,800         X                     3,800
NSTAR                                  COM    67019E-10-7       4,696     105,800         X             1     105,800
OCTEL CORP                             COM    675727-10-1         204      12,900         X             1      12,900
ODYSSEY HEALTHCARE                     COM    67611V-10-1         232       6,700         X                     6,700
OFFICE DEPOT INC                       COM    676220-10-6       1,448      98,100         X             1      98,100
ORACLE CORP                            COM    68389X-10-5         864      80,000         X                    80,000
ORACLE CORP                            COM    68389X-10-5         648      60,000         X             1      60,000


                 NAME OF REPORTING MANAGER THE CHUBB CORPORATION
                         PERIOD ENDING DECEMBER 31, 2002

PAGE     4     FORM 13F      FILE NUMBER:     28  -  327






                                                                                                                 VOTING AUTHORITY
                                                                             INVESTMENT DISCRETION                   (SHARES)
                                                                           --------------------------            ----------------
                                                           FAIR MARKET
                                                              VALUE                            SHARED
NAME OF ISSUER                         CLASS     CUSIP        (000)        SHARES  SOLE SHARED OTHERS MANAGER   SOLE  SHARED NONE
--------------                         -----  -----------  -----------    -------  ---- ------ ------ ------- ------- ------ ----
                                                                                            
ORTHODONTIC CENTERS                    COM    68750P-10-3         491      45,000         X                    45,000
ORTHODONTIC CENTERS                    COM    68750P-10-3         491      45,000         X             1      45,000
PMC-SIERRA INC                         COM    69344F-10-6         145      26,000         X                    26,000
PANERA BREAD COMPANY-CL A              COM    69840W-10-8         237       6,800         X                     6,800
PEETS COFFEE & TEA INC                 COM    705560-10-0         174      12,300         X                    12,300
PEPSICO                                COM    713448-10-8       2,111      50,000         X             1      50,000
PFIZER INC                             COM    717081-10-3       1,376      45,000         X                    45,000
PFIZER INC                             COM    717081-10-3       1,529      50,000         X             1      50,000
PINNACLE WEST CAPITAL                  COM    723484-10-1       5,035     147,700         X             1     147,700
PITNEY BOWES INC                       COM    724479-10-0       2,450      75,000         X             1      75,000
PROGRESS ENERGY INC                    COM    743263-10-5       4,240      97,800         X                    97,800
PROGRESS ENERGY INC                    COM    743263-10-5       5,297     122,200         X             1     122,200
QUEST DIAGNOSTICS INC                  COM    74834L-10-0       2,276      40,000         X             1      40,000
SBC COMMUNICATIONS INC                 COM    78387G-10-3       1,084      40,000         X                    40,000
SBC COMMUNICATIONS INC                 COM    78387G-10-3       1,627      60,000         X             1      60,000
SAFEWAY INC                            COM    786514-20-8         467      20,000         X                    20,000
SAFEWAY INC                            COM    786514-20-8       1,869      80,000         X             1      80,000
SANMINA CORP                           COM    800907-10-7         819     182,430         X             1     182,430
SARA LEE CORP                          COM    803111-10-3       2,251     100,000         X             1     100,000
SELECT MEDICAL CORP                    COM    816196-10-9         175      13,000         X                    13,000
SKYWORKS                               COM    83088M-10-2         130      15,100         X                    15,100
SOUTHERN CO                            COM    842587-10-7       1,192      42,000         X                    42,000
SOUTHERN CO                            COM    842587-10-7       6,217     219,000         X             1     219,000
STERLING BANCSHARES                    COM    858907-10-8         238      19,500         X                    19,500
STRAYER EDUCATION                      COM    863236-10-5         213       3,700         X                     3,700
TXU CORP                               COM    873168-10-8         934      50,000         X             1      50,000
TARGET CORP                            COM    87612E-10-6         300      10,000         X                    10,000
TARGET CORP                            COM    87612E-10-6       1,407      46,900         X             1      46,900
TENET HEALTHCARE CORP                  COM    88033G-10-0       1,804     110,000         X                   110,000
TEXAS INSTRUMENTS                      COM    882508-10-4         300      20,000         X                    20,000
TEXAS INSTRUMENTS                      COM    882508-10-4       1,051      70,000         X             1      70,000
TEXTRON INC                            COM    883203-10-1       2,579      60,000         X             1      60,000
THREE-FIVE SYSTEMS, INC                COM    88554L-10-8          99      15,400         X                    15,400
TRAVELERS PROPERTY CASUALTY            COM    89420G-10-9         456      31,123         X                    31,123
TRAVELERS PROPERTY CASUALTY            COM    89420G-10-9       1,493     101,900         X             1     101,900
UCBH HOLDINGS                          COM    90262T-30-8         242       5,700         X                     5,700
US BANCORP                             COM    902973-30-4         637      30,000         X                    30,000
US BANCORP                             COM    902973-30-4       2,122     100,000         X             1     100,000
VALERO ENERGY CORP                     COM    91913Y-10-0       2,264      61,300         X             1      61,300
VERIZON COMMUNICATIONS                 COM    92343V-10-4         581      15,000         X                    15,000
VERIZON COMMUNICATIONS                 COM    92343V-10-4       1,356      35,000         X             1      35,000
WACHOVIA CORP                          COM    929903-10-2       2,004      55,000         X             1      55,000
WAL-MART                               COM    931142-10-3       2,273      45,000         X             1      45,000
WASHINGTON MUTUAL INC                  COM    939322-10-3       2,258      65,379         X             1      65,379
WASTE CONNECTIONS                      COM    941053-10-0         243       6,300         X                     6,300


                 NAME OF REPORTING MANAGER THE CHUBB CORPORATION
                         PERIOD ENDING DECEMBER 31, 2002

PAGE     5     FORM 13F      FILE NUMBER:     28  -  327






                                                                                                                 VOTING AUTHORITY
                                                                             INVESTMENT DISCRETION                   (SHARES)
                                                                           --------------------------            ----------------
                                                           FAIR MARKET
                                                              VALUE                            SHARED
NAME OF ISSUER                         CLASS     CUSIP        (000)        SHARES  SOLE SHARED OTHERS MANAGER   SOLE  SHARED NONE
--------------                         -----  -----------  -----------    -------  ---- ------ ------ ------- ------- ------ ----
                                                                                            
WASTE MANAGEMENT INC                   COM    94106L-10-9       2,292     100,000         X             1     100,000
WEBMETHODS                             COM    94768C-10-8         119      14,500         X                    14,500
WENDY'S INTERNATIONAL INC              COM    950590-10-9       1,895      70,000         X                    70,000
WESTPORT RESOURCES CORP                COM    961418-10-0         206       9,900         X                     9,900
WINTRUST FINANCIAL                     COM    97650W-10-8         213       6,800         X                     6,800
WYETH US                               COM    983024-10-0       1,496      40,000         X             1      40,000
                                                              -------
                                                              232,959
                                                              =======