<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>