Shareholders' Equity (Tables)

12 Months Ended

Dec. 31, 2012

Common Stock Activity

  The activity of Chubb’s common stock was as follows:

	Years Ended December 31
	2012			2011			2010
	(number of shares)
Common stock issued
Balance, beginning and end of year		371,980,460			371,980,460			371,980,460
Treasury stock
Balance, beginning of year		99,519,509			74,707,547			39,972,796
Repurchase of shares		13,094,640			27,582,889			37,667,829
Share activity under stock-based employee compensation plans		(2,396,704	)		(2,770,927	)		(2,933,078	)
Balance, end of year		110,217,445			99,519,509			74,707,547
Common stock outstanding, end of year		261,763,015			272,460,951			297,272,913

Comparison of Shareholders' Equity on GAAP Basis and Policyholders' Surplus on Statutory Basis

A comparison of shareholders’ equity on a GAAP basis and policyholders’ surplus on a statutory basis is as follows:

	December 31
	2012					2011
	GAAP			Statutory		GAAP			Statutory
	(in millions)
P&C Group	$	16,833		$	14,117	$	16,613		$	13,958
Corporate and other		(1,006	)				(1,312	)
	$	15,827				$	15,301

Comparison of GAAP and Statutory Net Income (Loss)

A comparison of GAAP and statutory net income (loss) is as follows:

	Years Ended December 31
	2012					2011					2010
	GAAP			Statutory		GAAP			Statutory		GAAP			Statutory
	(in millions)
P&C Group	$	1,791		$	1,936	$	1,915		$	1,824	$	2,374		$	2,295
Corporate and other		(246	)				(237	)				(200	)
	$	1,545				$	1,678				$	2,174