Chubb (CHB) 10-K 2003 FY Annual report

THE CHUBB CORPORATION

Exhibit 21

SUBSIDIARIES OF THE REGISTRANT

    Significant subsidiaries at December 31, 2003 of The Chubb Corporation, a New Jersey Corporation, and their subsidiaries (indented), together with the percentages of ownership, are set forth below.

				Percentage
			Place of	of Securities
Company			Incorporation	Owned
Federal Insurance Company			Indiana		100	%
	Vigilant Insurance Company		New York		100
	Pacific Indemnity Company		Wisconsin		100
		Northwestern Pacific Indemnity Company	Oregon		100
		Texas Pacific Indemnity Company	Texas		100
	Great Northern Insurance Company		Minnesota		100
	Chubb Insurance Company of New Jersey		New Jersey		100
	Chubb Custom Insurance Company		Delaware		100
	Chubb National Insurance Company		Indiana		100
	Chubb Indemnity Insurance Company		New York		100
	Executive Risk Indemnity Inc.		Delaware		100
		Executive Risk Specialty Insurance Company	Connecticut		100
		Quadrant Indemnity Company	Connecticut		100
	CC Canada Holdings Ltd.		Canada		100
		Chubb Insurance Company of Canada	Canada		100
	Chubb Insurance Company of Europe, S.A.		Belgium		100
	Chubb Insurance Company of Australia Limited		Australia		100
	Chubb Argentina de Seguros, S.A.		Argentina		100
Chubb Atlantic Indemnity Ltd.			Bermuda		100
	DHC Corporation		Delaware		100
		Chubb do Brasil Companhia de Seguros	Brazil		99
Bellemead Development Corporation			Delaware		100
Chubb Capital Corporation			New Jersey		100
Chubb Financial Solutions, Inc.			Delaware		100

     Certain other subsidiaries of Chubb and its consolidated subsidiaries have been omitted since, in the aggregate, they would not constitute a significant subsidiary.