<TABLE>
<CAPTION>
FORM 5 U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
/ / Check box if no longer ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
subject to Section 16. Form
4 or Form 5 obligations may
continue. See Instruction Filed pusuant to Section 16(a) of the Securities Exchange Act of 1934,
1(b). Section 17(a) of the Public Utility Holding Company Act of 1935
/ / Form 3 Holdings Reported or Section 30(f) of the Investment Company Act of 1940
/ / Form 4 Transactions Reported
1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading 6. Relationship of Reporting Person(s)
Symbol to Issuer (Check all applicable)
<S> <C> <C> <C>
ACCEL International Corporation (ACLE)
Chase David T.
(Last) (First) (Middle) 3. IRS/Identifi- 4. Statement for _X_ Director _X_ 10% Owner
cation Number of Month/Year
Reporting Person, ___ Officer ___ Other
if an entity December, 1998 (give title (specify below)
c/o Chase Enterprises, One Commercial Plaza (Voluntary) below)
(Street) ___________________
Hartford CT 06103
(City) (State) (Zip)
5. If Amendment, 7. Individual or Joint/Group Reporting
Date of Original (Check Applicable Line)
(Month/Year) _X_ Form Filed by One Reporting Person
___ Form Filed by More than One
Reporting Person
</TABLE>
<TABLE>
<CAPTION>
Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security 2. Trans- 3. 4. Securities 5. Amount of 6. Owner- 7. Nature of
(Instr. 3) action Trans- Acquired (A) Securities ship Form: Indirect
Date action or Disposed of (D) Beneficially Direct Beneficial
Code (Instr. 3,4 and 5) Owned at end of (D) or Ownership
(Month (Instr.8) (A) Issuer's Fiscal Indirect
/Day/ or Year (I)
Year) Amount (D) Price (Instr.3 and 4) (Instr. 4) (Instr. 4)
<S> <C> <C> <C> <C> <C> <C> <C> <C>
*If the form is filed by more than one reporting person, see Instruction 4(b)(v).
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
(OVER)
(Print or Type Responses)
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
FORM 5 (continued)
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of 2.Con- 3.Tran- 4.Tran- 5. Number 6.Date 7.Title and 8.Price 9.Number 10.Owner- 11.Na
Derivative version saction saction of Deriv- Exer- Amount of of of ship of ture
Security or Date Code ative cisable and Underlying Deriv- Deriv- Deriv- of In-
(Instr.3) Exercise (Month/ (Instr. Securities Expiration Securities ative ative ative direct
Price Day/ 8) Acquired Date (Instr.3and 4) Secur- Secur- Security: Bene-
of Year) (A) or (Month/Day ity ities Direct ficial
Deriv- Disposed Year) (Instr.5) Bene- (D) or Owner-
ative of (D) ficially Indirect ship
Security (Inst.3,4, Owned (I) (Instr.
and 5) at End (Instr.4) 4)
of
Year
(Instr.4)
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
(A) (D) Date Expir- Title Amount
Exer- ation or
cisableDate Number
of
Shares
Director Stock $3.21875 6/16/98 A 10,000 (1) 6/16/08 Common 10,000 10,000 D
Option (right Stock
to buy)
</TABLE>
Explanation of Responses: (1) Becomes 50% exercisable on June 16, 1999, and 100%
exercisable on June 16, 2000.
<TABLE>
<CAPTION>
<S> <C> <C>
/s/ David T. Chase 1/28/99
-------------------------------- ----------
** Signature of Reporting Person Date
** Intentional misstatements or omissions of facts constitute Federal
Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.
Page 2
</TABLE>