Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2012

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill roll-forward by business segment

The following table presents a roll-forward of Goodwill by business segment:

(in millions of U.S. dollars)	Insurance – North American			Insurance – Overseas General		Global Reinsurance		Life			ACE Consolidated
Balance at December 31, 2010	$	1,351		$	1,564	$	365	$	750		$	4,030
Purchase price allocation adjustment	(12		)	5		—		—			(7		)
Acquisition of New York Life's Korea operations and Hong Kong operations	—			—		—		89			89
Acquisition of PMHC	11			—		—		—			11
Acquisition of Rio Guayas	—			31		—		—			31
Foreign exchange revaluation and other	—			3		—		(9		)	(6		)
Balance at December 31, 2011	$	1,350		$	1,603	$	365	$	830		$	4,148
Purchase price allocation adjustment	—			—		—		4			4
Acquisition of JaPro	—			123		—		—			123
Foreign exchange revaluation and other	3			38		—		3			44
Balance at December 31, 2012	$	1,353		$	1,764	$	365	$	837		$	4,319

Schedule of VOBA roll-foward

The following table presents a roll-forward of VOBA:

(in millions of U.S. dollars)	2012			2011			2010
Balance, beginning of year	$	676		$	634		$	748
Acquisition of New York Life's Korea operations and Hong Kong operations	—			151			—
Amortization expense	(82		)	(108		)	(111		)
Foreign exchange revaluation	20			(1		)	(3		)
Balance, end of year	$	614		$	676		$	634

Schedule of estimated amortization expense related to VOBA

The following table presents the estimated amortization expense related to other intangible assets and VOBA for the next five years:

For the Year Ending December 31	Other intangible assets		VOBA
(in millions of U.S. dollars)
2013	$	49	$	67
2014	45		58
2015	40		51
2016	35		45
2017	33		42
Total	$	202	$	263