The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.	
 	UNITED STATES SECURITIES AND EXCHANGE COMMISSION	OMB APPROVAL	
 	Washington, D.C. 20549
FORM 13F	OMB Number:   3235-0006
Expires:          July 31, 2015
Estimated average burden
hours per response:       23.8	

FORM 13F COVER PAGE	

Report for the Calendar Year or Quarter Ended:	03-31-2017
 	
Check here if Amendment:	    	Amendment Number:	
 	
This Amendment (Check only one.):	    	is a restatement.	
 	    	adds new holdings entries.	
Institutional Investment Manager Filing this Report:

Name:	Chubb Ltd 	
Address:	BARENGASSE 32 	
 	ZURICH 	V8 	CH-8001 	

Form 13F File Number:	 	028-17445 	

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:

Name:	Paul Medini 	
Title:	Chief Accounting Officer 	
Phone:	215-640-1000 	

Signature, Place, and Date of Signing:

/s/ Paul Medini 	Zurich,  SWITZERLAND	05-04-2017 	
[Signature]	[City, State]	[Date]	

Do you wish to provide information pursuant to Special Instruction 5?	         Yes      X  No	

Report Type (Check only one.):
X  13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.)
      13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).)
      13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

Form 13F Summary Page
Report Summary:

Number of Other Included Managers:	3 	
Form 13F Information table Entry Total:	51 	
Form 13F Information table Value Total:	231,611 	
 	(thousands)	

List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F number(s) of all institutional investement managers with respect to which this report is filed, other than the manager filing this report.

   No.	Form 13F File Number	Name	CIK	
1 	028-2490 	Federal Insurance Company 	 	
2 	028-2804 	Pacific Indemnity Company 	 	
3 	028-15161 	Executive Risk Indemnity Inc. 	 	

FORM 13F INFORMATION TABLE

COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5	COLUMN 6	COLUMN 7	COLUMN 8	
NAME OF ISSUER	TITLE OF CLASS	CUSIP	VALUE
(x$1000)	SHRS OR
PRN AMT	SH /
PRN	PUT /
CALL	INVESTMENT
DISCRETION	OTHER
MANAGER	VOTING AUTHORITY	
									SOLE	SHARED	NONE	
ARCHER DANIELS MIDLAND	Com	039483102	5,755	124,993	SH	-	DFND	2	5,755	0	0	
ARCHER DANIELS MIDLAND	Com	039483102	8,057	175,000	SH	-	DFND	3	8,057	0	0	
ARCHER DANIELS MIDLAND	Com	039483102	6,906	150,007	SH	-	DFND	1	6,906	0	0	
ASTRAZENECA PLC-SPONS ADR	Com	046353108	2,803	90,000	SH	-	DFND	2	2,803	0	0	
ASTRAZENECA PLC-SPONS ADR	Com	046353108	12,767	410,000	SH	-	DFND	1	12,767	0	0	
BP PLC - SPONS ADR	Com	055622104	10,011	290,000	SH	-	DFND	2	10,011	0	0	
BP PLC - SPONS ADR	Com	055622104	3,797	110,000	SH	-	DFND	1	3,797	0	0	
COMMUNITY HEALTH SYSTEMS	Com	203668116	1	100,000	SH	-	DFND	0	1	0	0	
COMMUNITY HEALTH SYSTEMS	Com	203668116	6	700,000	SH	-	DFND	2	6	0	0	
COMMUNITY HEALTH SYSTEMS	Com	203668116	5	600,000	SH	-	DFND	3	5	0	0	
COMMUNITY HEALTH SYSTEMS	Com	203668116	5	600,000	SH	-	DFND	1	5	0	0	
EGAIN CORP	Com	28225C806	31	21,355	SH	-	DFND	3	31	0	0	
ERICSSON LM TEL	Com	294821608	3,745	564,000	SH	-	DFND	2	3,745	0	0	
ERICSSON LM TEL	Com	294821608	2,656	400,000	SH	-	DFND	3	2,656	0	0	
ERICSSON LM TEL	Com	294821608	3,559	536,000	SH	-	DFND	1	3,559	0	0	
GLAXOSMITHKLINE PLC-SPON	Com	37733W105	5,017	119,000	SH	-	DFND	2	5,017	0	0	
GLAXOSMITHKLINE PLC-SPON	Com	37733W105	11,847	281,000	SH	-	DFND	1	11,847	0	0	
JP MORGAN CHASE & CO	Com	46625H100	3,514	40,000	SH	-	DFND	2	3,514	0	0	
JP MORGAN CHASE & CO	Com	46625H100	4,076	46,400	SH	-	DFND	3	4,076	0	0	
JP MORGAN CHASE & CO	Com	46625H100	9,979	113,600	SH	-	DFND	1	9,979	0	0	
MERCK & CO INC	Com	58933Y105	12,708	200,000	SH	-	DFND	2	12,708	0	0	
MERCK & CO INC	Com	58933Y105	6,354	100,000	SH	-	DFND	1	6,354	0	0	
MORGAN STANLEY	Com	617446448	8,140	190,000	SH	-	DFND	2	8,140	0	0	
MORGAN STANLEY	Com	617446448	3,876	90,472	SH	-	DFND	3	3,876	0	0	
MORGAN STANLEY	Com	617446448	8,996	210,000	SH	-	DFND	1	8,996	0	0	
NEWSTAR FINANCIAL INC	Com	65251F105	515	48,679	SH	-	DFND	0	515	0	0	
NEWSTAR FINANCIAL INC	Com	65251F105	327	30,872	SH	-	DFND	1	327	0	0	
NEWTEK BUSINESS SERVICES INC	Com	652526203	257	15,011	SH	-	DFND	1	257	0	0	
NEWTEK BUSINESS SERVICES INC	Com	652526203	3	172	SH	-	DFND	0	3	0	0	
NEWTEK BUSINESS SERVICES INC	Com	652526203	3	172	SH	-	DFND	0	3	0	0	
NEWTEK BUSINESS SERVICES INC	Com	652526203	2	126	SH	-	DFND	3	2	0	0	
PFIZER INC	Com	717081103	674	19,700	SH	-	DFND	0	674	0	0	
PFIZER INC	Com	717081103	122	3,575	SH	-	DFND	2	122	0	0	
PFIZER INC	Com	717081103	12,888	376,725	SH	-	DFND	1	12,888	0	0	
QUORUM HEALTH CORP	Com	74909E106	9	1,735	SH	-	DFND	0	9	0	0	
QUORUM HEALTH CORP	Com	74909E106	338	62,148	SH	-	DFND	2	338	0	0	
QUORUM HEALTH CORP	Com	74909E106	57	10,413	SH	-	DFND	3	57	0	0	
QUORUM HEALTH CORP	Com	74909E106	601	110,413	SH	-	DFND	1	601	0	0	
ROYAL DUTCH SHELL PLC-ADR A	Com	780259206	5,273	100,000	SH	-	DFND	3	5,273	0	0	
ROYAL DUTCH SHELL PLC-ADR A	Com	780259206	5,273	100,000	SH	-	DFND	1	5,273	0	0	
SANOFI-AVENTIS	Com	80105N105	6,788	150,000	SH	-	DFND	2	6,788	0	0	
SANOFI-AVENTIS	Com	80105N105	13,575	300,000	SH	-	DFND	1	13,575	0	0	
STAGE STORES INC	Com	85254C305	43	16,489	SH	-	DFND	3	43	0	0	
STAGE STORES INC	Com	85254C305	0	2	SH	-	DFND	0	0	0	0	
STAPLES INC	Com	855030102	4,385	500,000	SH	-	DFND	2	4,385	0	0	
STAPLES INC	Com	855030102	6,139	700,000	SH	-	DFND	1	6,139	0	0	
TOTAL SA-SOPN ADR	Com	89151E109	5,042	100,000	SH	-	DFND	2	5,042	0	0	
TOTAL SA-SOPN ADR	Com	89151E109	10,084	200,000	SH	-	DFND	1	10,084	0	0	
WESTERN UNION CO/THE	Com	959802109	10,175	500,000	SH	-	DFND	2	10,175	0	0	
WESTERN UNION CO/THE	Com	959802109	4,070	200,000	SH	-	DFND	1	4,070	0	0	
WILLIAMS COMPANIES INC	Com	969457100	10,357	350,000	SH	-	DFND	2	10,357	0	0