Annual Report 2005 - Chubb Group of Insurance Companies

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Exhibit 31.2 I, Michael O'Reilly, certify that: CERTIFICATION 1. I have reviewed this annual report on Form 10-K of The Chubb Corporation; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the Ñnancial statements, and other Ñnancial information included in this report, fairly present in all material respects the Ñnancial condition, results of operations and cash Öows of the registrant as of, and for, the periods presented in this report; 4. The registrant's other certifying oÇcer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as deÑned in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over Ñnancial reporting (as deÑned in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have: (a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; (b) Designed such internal control over Ñnancial reporting, or caused such internal control over Ñnancial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of Ñnancial reporting and the preparation of Ñnancial statements for external purposes in accordance with generally accepted accounting principles; (c) Evaluated the eÅectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the eÅectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and (d) Disclosed in this report any change in the registrant's internal control over Ñnancial reporting that occurred during the registrant's most recent Ñscal quarter (the registrant's fourth Ñscal quarter in the case of an annual report) that has materially aÅected, or is reasonably likely to materially aÅect, the registrant's internal control over Ñnancial reporting; and 5. The registrant's other certifying oÇcer(s) and I have disclosed, based on our most recent evaluation of internal control over Ñnancial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions): (a) All signiÑcant deÑciencies and material weaknesses in the design or operation of internal control over Ñnancial reporting which are reasonably likely to adversely aÅect the registrant's ability to record, process, summarize and report Ñnancial information; and (b) Any fraud, whether or not material, that involves management or other employees who have a signiÑcant role in the registrant's internal control over Ñnancial reporting. Date: March 15, 2006 /s/ Michael O'Reilly Michael O'Reilly Vice Chairman and Chief Financial OÇcer
Exhibit 32.1 CERTIFICATION OF PERIODIC REPORT I, John D. Finnegan, Chairman, President and Chief Executive OÇcer of The Chubb Corporation (the ""Corporation''), certify, pursuant to 18 U.S.C. Section 1350 adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that: (1) the Annual Report on Form 10-K of the Corporation for the annual period ended December 31, 2005 (the ""Report'') fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934 (15 U.S.C. 78m or 78o(d)); and (2) the information contained in the Report fairly presents, in all material respects, the Ñnancial condition and results of operations of the Corporation. Dated: March 15, 2006 /s/ John D. Finnegan John D. Finnegan Chairman, President and Chief Executive OÇcer
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THE CHUBB CORPORATION Annual Report
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Letter to Shareholders John D. Finn
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Letter to Shareholders John J. Degn
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Letter to Shareholders With the imp
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Letter to Shareholders • In Janua
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Featured in this year’s report ar
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California From the moment they dec
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Pennsylvania Among acoustic guitari
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Canada Ellen Moore, Canada Aglobal
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Nebraska Timothy Szerlong, U.S. Nor
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Employee Profiles Meet six Chubb ma
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Chubb & Son, a division of Federal
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The Chubb Corporation Directors Zo
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CONTENTS ITEM DESCRIPTION PAGE PART
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Indemnity), Executive Risk Specialt
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those reinsurers with strong balanc
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ANALYSIS OF LOSS AND LOSS ADJUSTMEN
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that is of value to the insured. Th
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Another area of potential regulatio
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However, there are inherent limitat
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Intense competition for our product
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Purported class actions arising out
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PART II. Item 5. Market for the Reg
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Item 7. Management's Discussion and
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‚the eÅects of disclosures by, a
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PROPERTY AND CASUALTY INSURANCE A s
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Net premiums written by business un
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loss ratio. Losses from catastrophe
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premiums, multiple peril premiums w
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Our specialty insurance business pr
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District of New York. We are cooper
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Our loss reserves include signiÑca
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We regularly review the loss reserv
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theory, insurance coverage is deeme
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The following table presents the nu
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alance sheets and superior underwri
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On an after-tax basis, property and
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CORPORATE AND OTHER Corporate and o
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The writedowns of Ñxed maturities
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Ratings Chubb and its insurance sub
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The above table also excludes estim
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At December 31, 2004 Total Estimate
Page 86 and 87: Item 8. Consolidated Financial Stat
Page 88 and 89: PART III. Item 10. Directors and Ex
Page 90 and 91: SIGNATURES Pursuant to the requirem
Page 92 and 93: THE CHUBB CORPORATION INDEX TO FINA
Page 94 and 95: THE CHUBB CORPORATION Consolidated
Page 96 and 97: THE CHUBB CORPORATION Consolidated
Page 98 and 99: NOTES TO CONSOLIDATED FINANCIAL STA
Page 100 and 101: In 2005, the Corporation transferre
Page 102 and 103: (b) The components of unrealized ap
Page 104 and 105: (7) Unpaid Losses and Loss Expenses
Page 106 and 107: In establishing toxic waste reserve
Page 108 and 109: (b) Interest costs of $134.8 millio
Page 110 and 111: (11) Stock-Based Employee Compensat
Page 112 and 113: The following table sets forth the
Page 114 and 115: (13) Commitments and Contingent Lia
Page 116 and 117: Revenues, income before income tax
Page 118 and 119: (17) Fair Values of Financial Instr
Page 120 and 121: In the event that any person or gro
Page 122 and 123: THE CHUBB CORPORATION Schedule I CO
Page 124 and 125: THE CHUBB CORPORATION Schedule II (
Page 126 and 127: THE CHUBB CORPORATION Schedule III
Page 128 and 129: Exhibit Number THE CHUBB CORPORATIO
Page 130 and 131: Exhibit Number Description 10.18 Am
Page 132 and 133: Exhibit Number Description 10.44 Fo
Page 134 and 135: Exhibit 23.1 THE CHUBB CORPORATION
Page 138 and 139: Exhibit 32.2 CERTIFICATION OF PERIO
Page 140: The Chubb Corporation • Annual Re
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Annual Report 2005 - Chubb Group of Insurance Companies

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