Shareholders' Equity (Tables)

12 Months Ended

Dec. 31, 2013

Equity [Abstract]

Common Stock Activity

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

	Years Ended December 31
	2013			2012			2011
	(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		110,217,445			99,519,509			74,707,547
Repurchase of shares		14,887,701			13,094,640			27,582,889
Share activity under stock-based employee compensation plans		(1,431,177	)		(2,396,704	)		(2,770,927	)
Balance, end of year		123,673,969			110,217,445			99,519,509
Common stock outstanding, end of year		248,306,491			261,763,015			272,460,951

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
	2013					2012
	GAAP			Statutory		GAAP			Statutory
	(in millions)
P&C Group	$	17,398		$	15,024	$	16,833		$	14,117
Corporate and other		(1,301	)				(1,006	)
	$	16,097				$	15,827

Comparison of GAAP and Statutory Net Income (Loss)

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

	Years Ended December 31
	2013					2012					2011
	GAAP			Statutory		GAAP			Statutory		GAAP			Statutory
	(in millions)
P&C Group	$	2,480		$	2,485	$	1,791		$	1,936	$	1,915		$	1,824
Corporate and other		(135	)				(246	)				(237	)
	$	2,345				$	1,545				$	1,678