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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 UeLMTvJ59oSUL0CPSQY/+Y8aex37di8ohJym3gI2jHKFmu4SGY1DPHtzDHQUQ1TC
 ahNXNxec7SS53wv2N5oiUA==

<SEC-DOCUMENT>0001225208-11-007319.txt : 20110225
<SEC-HEADER>0001225208-11-007319.hdr.sgml : 20110225
<ACCEPTANCE-DATETIME>20110225130425
ACCESSION NUMBER:		0001225208-11-007319
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20110223
FILED AS OF DATE:		20110225
DATE AS OF CHANGE:		20110225

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			MCGUINN MARTIN G
		CENTRAL INDEX KEY:			0001180526

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08661
		FILM NUMBER:		11639782

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CHUBB CORP
		CENTRAL INDEX KEY:			0000020171
		STANDARD INDUSTRIAL CLASSIFICATION:	FIRE, MARINE & CASUALTY INSURANCE [6331]
		IRS NUMBER:				132595722
		STATE OF INCORPORATION:			NJ
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		15 MOUNTAIN VIEW ROAD
		CITY:			WARREN
		STATE:			NJ
		ZIP:			07061
		BUSINESS PHONE:		9089032000

	MAIL ADDRESS:	
		STREET 1:		15 MOUNTAIN VIEW ROAD
		CITY:			WARREN
		STATE:			NJ
		ZIP:			07061
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>doc4.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2011-02-23</periodOfReport>

    <issuer>
        <issuerCik>0000020171</issuerCik>
        <issuerName>CHUBB CORP</issuerName>
        <issuerTradingSymbol>CB</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001180526</rptOwnerCik>
            <rptOwnerName>MCGUINN MARTIN G</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>THE CHUBB CORPORATION</rptOwnerStreet1>
            <rptOwnerStreet2>15 MOUNTAIN VIEW ROAD</rptOwnerStreet2>
            <rptOwnerCity>WARREN</rptOwnerCity>
            <rptOwnerState>NJ</rptOwnerState>
            <rptOwnerZipCode>07061-1615</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Shares</value>
            </securityTitle>
            <transactionDate>
                <value>2011-02-23</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>M</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>2130.0000</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>60.5700</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>14044.0000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable></derivativeTable>

    <footnotes>
        <footnote id="F1">On 4/29/08, the reporting person received a target award of 1,407 performance shares (the &quot;Award&quot;). Under the Award the reporting person would be entitled to receive a number of shares of Chubb Common Stock equal to the target award multiplied by a performance multiplier ranging from 0% to 200% depending on Chubb's relative stock performance compared to other companies in the S&amp;P 500 Index during the period from 1/1/08 - 12/31/10.  On 2/23/11 the performance multiplier for the Award was determined to be 151.4%, which resulted in an issuance to the reporting person of 2,130 shares of Common Stock.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Patricia S. Tomczyk, POA</signatureName>
        <signatureDate>2011-02-25</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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