THE CHUBB CORPORATION

Schedule III

CONSOLIDATED SUPPLEMENTARY INSURANCE INFORMATION

(in millions)


	December 31						Year Ended December 31
Segment	Deferred Policy Acquisition Costs (a)		Unpaid Losses		Unearned Premiums		Premiums Earned		Net Investment Income (b)		Insurance Losses			Amortization of Deferred Policy Acquisition Costs (a)		Other Insurance Operating Costs and Expenses (a)(c)		Premiums Written
2012

Property and Casualty Insurance
Personal	$	477	$	2,493	$	2,133	$	4,024			$	2,417		$	942	$	458	$	4,125
Commercial		477		13,288		2,794		5,144				3,512			970		620		5,174
Specialty		252		7,622		1,429		2,666				1,622			499		293		2,568
Reinsurance Assumed		—		560		5		4				(44	)		—		1		3
Investments									$	1,482

	$	1,206	$	23,963	$	6,361	$	11,838	$	1,482	$	7,507		$	2,411	$	1,372	$	11,870

2011

Property and Casualty Insurance
Personal	$	466	$	2,241	$	2,048	$	3,917			$	2,508		$	900	$	436	$	3,977
Commercial		475		12,422		2,746		4,945				3,366			929		617		5,051
Specialty		269		7,677		1,519		2,769				1,558			501		278		2,720
Reinsurance Assumed		—		728		9		13				(25	)		—		2		10
Investments									$	1,562

	$	1,210	$	23,068	$	6,322	$	11,644	$	1,562	$	7,407		$	2,330	$	1,333	$	11,758

2010

Property and Casualty Insurance
Personal	$	438	$	2,144	$	1,995	$	3,768			$	2,210		$	836	$	397	$	3,825
Commercial		441		11,807		2,630		4,647				2,807			866		621		4,676
Specialty		263		7,872		1,549		2,787				1,503			481		289		2,727
Reinsurance Assumed		—		895		15		13				(21	)		—		4		8
Investments									$	1,558

	$	1,142	$	22,718	$	6,189	$	11,215	$	1,558	$	6,499		$	2,183	$	1,311	$	11,236

(a)

Amounts in years prior to 2012 have been adjusted to reflect the adoption of new guidance issued by the Financial Accounting Standards Board related to the accounting for costs associated with acquiring or renewing insurance contracts. The adoption of this guidance decreased deferred policy acquisition costs by $420 million as of January 1, 2010. The effect of the adoption of the new guidance on net income was not material. Amortization of deferred policy acquisition costs and other insurance operating costs and expenses for the years ended December 31, 2011 and 2010 were retrospectively adjusted to conform to the change in accounting guidance. The amounts of the retrospective reductions to previously reported deferred policy acquisition costs as of December 31, 2011 and 2010 were the same as the amounts of the reductions as of January 1, 2010.

(b)	Property and casualty assets are available for payment of losses and expenses for all classes of business; therefore, such assets and the related investment income have not been allocated to the underwriting segments.

(c)	Other insurance operating costs and expenses does not include other income and charges.