8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) October 16, 2008

THE CHUBB CORPORATION

(Exact name of registrant as specified in its charter)

New Jersey	1-8661	13-2595722
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

15 Mountain View Road, Warren, New Jersey	07059
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code (908) 903-2000

Not Applicable

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

TABLE OF CONTENTS

 Press release dated October 16, 2008 (furnished pursaunt to Item 2.02 of Form 8-K)

Item 2.02 Results of Operations and Financial Condition.

The following information, including the text of the exhibit attached hereto, is furnished pursuant to Item 2.02 of Form 8-K. On October 16, 2008, The Chubb Corporation (Chubb) issued a press release announcing its preliminary financial results for the quarter ended September 30, 2008. A copy of the press release, which is incorporated by reference into this Item 2.02 as if fully set forth herein, is attached to this Form 8-K as Exhibit 99.1. In the press release, Chubb presented operating income per share which Chubb believes is meaningful to investors, but which is a financial measure that is not based on accounting principles generally accepted in the United States.

Item 9.01 Financial Statements and Exhibits.

     (d) Exhibits.

          99.1       Press release dated October 16, 2008 (furnished pursuant to Item 2.02 of Form 8-K)

SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	THE CHUBB CORPORATION
Date: October 17, 2008	By:	/s/ John J. Kennedy
		Name:	John J. Kennedy
		Title:	Senior Vice President and Chief Accounting Officer

EXHIBIT INDEX TO CURRENT REPORT ON FORM 8-K
DATED OCTOBER 16, 2008

Exhibit No.	Description
99.1	Press release dated October 16, 2008 (furnished pursuant to Item 2.02 of Form 8-K)

EX-99.1

Exhibit 99.1

News from The Chubb Corporation

The Chubb Corporation
15 Mountain View Road • P.O. Box 1615
Warren, New Jersey 07061-1615
Telephone: 908-903-2000

FOR IMMEDIATE RELEASE

Chubb Announces Preliminary Estimates of Third Quarter Financial Results

     WARREN, New Jersey, October 16, 2008 — The Chubb Corporation [NYSE: CB] announced today that it estimates net income per share for the third quarter of 2008 to be in the range of $0.70 to $0.74.

     Operating income per share is estimated to be in the range of $0.90 to $0.94 for the third quarter of 2008. Operating income is defined by the company as net income excluding after-tax realized investment gains and losses.

     Chubb estimates catastrophe losses for the third quarter of 2008, principally related to Hurricane Ike, to be approximately $400 million before tax ($0.72 per share after-tax), including Chubb’s estimated share of the assessment from the Texas Windstorm Insurance Association.

     Chubb estimates that its net realized investment losses, including impairments, will be approximately $115 million before tax ($0.20 per share after-tax) for the third quarter of 2008. Chubb estimates net unrealized investment losses for the third quarter of 2008 will be approximately $540 million before tax. The unrealized investment losses are due to the widening of credit spreads and the decline in the equity markets.

     At September 30, 2008, under its securities lending program, outstanding loans of securities owned by Chubb totaled approximately $150 million, with the related collateral invested in a short term money market fund. Chubb is no longer loaning securities under this program and expects that the remaining securities currently on loan will be returned by early December.

     Chubb plans to report third quarter 2008 results as scheduled after the market close on October 23, 2008.

*****

About Chubb

     Founded in 1882, the Chubb Group of Insurance Companies provides property and casualty insurance for personal and commercial customers worldwide through 8,500 independent agents and brokers. Chubb’s global network includes branches and affiliates throughout North America, Europe, Latin America, Asia and Australia.

     All financial results in this release are unaudited.

For further information contact:	Investors:	Glenn A. Montgomery
		(908) 903-2365
	Media:	Mark E. Greenberg
		(908) 903-2682

2

NOTE REGARDING NON-GAAP FINANCIAL MEASURE

     Operating income, a non-GAAP financial measure, is net income excluding after-tax realized investment gains and losses. Management uses operating income, among other measures, to evaluate its performance because the realization of investment gains and losses in any given period is largely discretionary as to timing and can fluctuate significantly, which could distort the analysis of trends.

FORWARD-LOOKING INFORMATION

     Certain statements in this document are “forward-looking statements” as that term is defined in the Private Securities Litigation Reform Act of 1995 (PSLRA). These forward-looking statements are made pursuant to the safe harbor provisions of the PSLRA and include statements regarding Chubb’s estimates of net income per share, operating income per share, catastrophe losses and realized and unrealized losses on its investment portfolio as well as statements relating to its securities lending program. These estimates are based on management’s preliminary review of Chubb’s 2008 third quarter financial results and, therefore, are subject to change as these results are finalized. Forward-looking statements are made based upon management’s current expectations and beliefs concerning trends and future developments and their potential effects on Chubb.