Chubb to Host Investor Conference in New

May 8, 2001

The Chubb Corporation announced it will host a meeting for members of the investment community on May 10, 2001 at the Grand Hyatt Hotel in New York.

Attending the meeting from Chubb will be Dean R. O’Hare, Chairman and CEO; Paul J. Krump, senior vice president of Chubb & Son and head of our Chubb Commercial Insurance SBU; John R. Berger, president and CEO of Chubb Re; and Weston M. Hicks, senior vice president.

The conference will be broadcast live over the Internet. To listen to the conference, log on to Chubb’s website at http://www.chubb.com and click on the microphone icon. If you are unable to listen to the live Webcast, a replay of the conference will be available on Chubb’s website at http://www.chubb.com approximately two hours following the Webcast.

Certain statements made at the Investor Conference may be considered to be “forward looking statements” as that term is defined in the Private Securities Litigation Reform Act of 1995. It is possible that actual results may differ from any predictions that are made. Additional information regarding factors that could cause such differences appear in the MD&A section of Chubb’s Form 10K filed with the Securities and Exchange Commission in March, 2001.

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