CHUBB BOARD APPROVES INCREASE TO SHARE REPURCHASE PROGRAM
Warren, New Jersey, March 21, 2007 -- The Board of Directors of The Chubb Corporation today approved an increase of 20 million shares to the existing share repurchase
program. The existing program approved by the Board on December 7, 2006 provided for the purchase of up to 20 million shares,
of which 9,308,361 shares remain available for repurchase. Purchases will be made from time to time in the open market or
in privately negotiated transactions. The program has no expiration date.
“This action reflects the Board’s confidence in the strength of Chubb’s financial condition as well as our commitment to manage
our capital efficiently,” said John D. Finnegan, Chairman, President and Chief Executive Officer.
For further information contact: Investors: Glenn A. Montgomery
908-903-2365
Media: Mark E. Greenberg
908-903-2682
Certain statements in this release are “forward-looking statements” as that term is defined in the Private Securities Litigation
Reform Act of 1995 (PSLRA). These forward-looking statements are made pursuant to the safe harbor provisions of the PSLRA.
Forward-looking statements are made based upon management’s current expectations and beliefs concerning trends and future
developments and their potential effects on us. These statements are not guarantees of future performance. Actual results
may differ materially from those suggested by forward-looking statements as a result of risks and uncertainties, which include,
among others, those discussed or identified from time to time in our public filings with the Securities and Exchange Commission
and those associated with general economic and market conditions, our financial performance and the capital requirements of
our business. Chubb assumes no obligation to update any forward-looking information set forth in this document, which speak
as of the date hereof.
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