<ARTICLE> 7
<LEGEND>
                             THE CHUBB CORPORATION
                           Financial Data Scheduled*

(*) This schedule contains summary financial information extracted from the
Consolidated Balance Sheets and the Consolidated Statements of Income and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER> 1,000,000
       
                             
<PERIOD-TYPE>                                    3-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               MAR-31-1997
<DEBT-HELD-FOR-SALE>                             8,494<F1>
<DEBT-CARRYING-VALUE>                            2,398<F2>
<DEBT-MARKET-VALUE>                              2,502<F3>
<EQUITIES>                                         662
<MORTGAGE>                                           0
<REAL-ESTATE>                                        0
<TOTAL-INVEST>                                  12,391
<CASH>                                               8
<RECOVER-REINSURE>                                  54<F4>
<DEFERRED-ACQUISITION>                             633
<TOTAL-ASSETS>                                  19,723
<POLICY-LOSSES>                                  9,528<F5>
<UNEARNED-PREMIUMS>                              2,514<F6>
<POLICY-OTHER>                                       0
<POLICY-HOLDER-FUNDS>                                0
<NOTES-PAYABLE>                                  1,256<F7>
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                           176
<OTHER-SE>                                       5,053<F8>
<TOTAL-LIABILITY-AND-EQUITY>                    19,723
<PREMIUMS>                                       1,321
<INVESTMENT-INCOME>                                187
<INVESTMENT-GAINS>                                  25
<OTHER-INCOME>                                      44<F9>
<BENEFITS>                                         840
<UNDERWRITING-AMORTIZATION>                        362
<UNDERWRITING-OTHER>                                79
<INCOME-PRETAX>                                    245
<INCOME-TAX>                                        53
<INCOME-CONTINUING>                                192
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                       192
<EPS-PRIMARY>                                     1.09
<EPS-DILUTED>                                        0
<RESERVE-OPEN>                                       0<F10>
<PROVISION-CURRENT>                                  0<F10>
<PROVISION-PRIOR>                                    0<F10>
<PAYMENTS-CURRENT>                                   0<F10>
<PAYMENTS-PRIOR>                                     0<F10>
<RESERVE-CLOSE>                                      0<F10>
<CUMULATIVE-DEFICIENCY>                              0<F10>
<FN>
<F1>DEBT-HELD-FOR-SALE REPRESENTS FIXED MATURITY INVESTMENTS CLASSIFIED AS
AVAILABLE-FOR-SALE AND CARRIED AT MARKET VALUE AS PRESCRIBED BY SFAS NO. 115.
<F2>DEBT-CARRYING-VALUE REPRESENTS FIXED MATURITY INVESTMENTS CLASSIFIED AS
HELD-TO-MATURITY AND CARRIED AT AMORTIZED COST AS PRESCRIBED BY SFAS NO. 115.
<F3>DEBT-MARKET-VALUE REPRESENTS THE RELATED MARKET VALUE OF FIXED MATURITIES
CLASSIFIED AS HELD-TO-MATURITY.
<F4>RECOVER-REINSURE REPRESENTS REINSURANCE RECOVERABLE ON PAID CLAIMS.
<F5>POLICY-LOSSES EXCLUDE THE REDUCTIONS FOR REINSURANCE RECOVERABLES ON UNPAID
CLAIMS ($1,336), AS PRESCRIBED BY SFAS NO. 113.  SUCH AMOUNTS ARE INCLUDED IN
TOTAL ASSETS.
<F6>UNEARNED-PREMIUMS EXCLUDES THE REDUCTION FOR PREPAID REINSURANCE PREMIUMS 
($122), AS PRESCRIBED BY SFAS NO. 113.  THIS PREPAID AMOUNT IS INCLUDED IN TOTAL
ASSETS.
<F7>NOTES-PAYABLE INCLUDES SHORT-TERM DEBT OF $210 AND LONG-TERM DEBT OF $1,046.
<F8>OTHER-SE INCLUDES PAID-IN SURPLUS; RETAINED EARNINGS; FOREIGN CURRENCY
TRANSLATION LOSSES, NET OF INCOME TAX; UNREALIZED APPRECIATION OF INVESTMENTS,
NET; RECEIVABLE FROM ESOP AND TREASURY STOCK.
<F9>OTHER-INCOME REPRESENTS REVENUES FROM REAL ESTATE OPERATIONS.
<F10>AMOUNTS FOR SECURITIES ACT INDUSTRY GUIDE 6 AND EXCHANGE ACT INDUSTRY 
GUIDE 4 DISCLOSURES ARE REQUIRED FOR ANNUAL FILINGS ONLY. ACCORDINGLY, NO 
AMOUNTS WILL BE REPORTED FOR INTERIM FILINGS. 
</FN>