XML 21 R57.htm IDEA: XBRL DOCUMENT v2.4.0.8
Information Provided In Connection With Outstanding Debt Of Subsidiaries (Condensed Consolidating Balance Sheet) (Detail) (USD $)
In Millions, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Sep. 30, 2013
Dec. 31, 2012
Condensed Financial Statements, Captions [Line Items]        
Investments $ 63,254 $ 60,928    
Cash 806 [1],[2] 579 [1],[3] 768 [4] 615 [4]
Insurance and reinsurance balances receivable 5,189 5,026    
Reinsurance recoverable on losses and loss expenses 10,945 11,227    
Reinsurance recoverable on policy benefits 228 218    
Value of business acquired 491 536    
Goodwill and other intangible assets 5,425 5,404    
Other assets 11,219 10,592    
Total assets 97,557 94,510    
Unpaid losses and loss expenses 37,447 37,443    
Unearned premiums 8,020 7,539    
Future policy benefits 4,782 4,615    
Short-term debt 1,851 1,901    
Long-term debt 4,057 3,807    
Trust preferred securities 309 309    
Other liabilities 11,074 10,071    
Total liabilities 67,540 65,685    
Total shareholders' equity 30,017 28,825 28,218  
Total liabilities and shareholders’ equity 97,557 94,510    
ACE Limited (Parent Guarantor)
       
Condensed Financial Statements, Captions [Line Items]        
Investments 31 32    
Cash 8 [1],[2] 0 [1],[3] 11 [4] 103 [4]
Investments in subsidiaries 30,065 28,351    
Due from subsidiaries and affiliates, net 768 844    
Other assets 4 5    
Total assets 30,876 29,232    
Affiliated notional cash pooling programs 573 [2] 185 [3]    
Trust preferred securities   0    
Other liabilities 286 222    
Total liabilities 859 407    
Total shareholders' equity 30,017 28,825    
Total liabilities and shareholders’ equity 30,876 29,232    
ACE INA Holdings Inc (Subsidiary Issuer)
       
Condensed Financial Statements, Captions [Line Items]        
Investments 25 10    
Cash 12 [1],[2] 16 [1],[3] 165 [4] 2 [4]
Insurance and reinsurance balances receivable 0 0    
Reinsurance recoverable on losses and loss expenses 0 0    
Reinsurance recoverable on policy benefits 0 0    
Value of business acquired 0 0    
Goodwill and other intangible assets 0 0    
Investments in subsidiaries 19,054 18,105    
Other assets 272 258    
Total assets 19,363 18,389    
Unpaid losses and loss expenses 0 0    
Unearned premiums 0 0    
Future policy benefits 0 0    
Due to subsidiaries and affiliates, net 556 714    
Short-term debt 450 500    
Affiliated notional cash pooling programs 32 [2] 0 [3]    
Long-term debt 4,045 3,795    
Trust preferred securities 309 309    
Other liabilities 1,432 1,318    
Total liabilities 6,824 6,636    
Total shareholders' equity 12,539 11,753    
Total liabilities and shareholders’ equity 19,363 18,389    
Other ACE Limited Subsidiaries
       
Condensed Financial Statements, Captions [Line Items]        
Investments 63,198 60,886    
Cash 1,391 [1],[2] 748 [1],[3] 1,464 [4] 859 [4]
Insurance and reinsurance balances receivable 6,149 5,835    
Reinsurance recoverable on losses and loss expenses 19,948 20,057    
Reinsurance recoverable on policy benefits 1,236 1,215    
Value of business acquired 491 536    
Goodwill and other intangible assets 5,425 5,404    
Other assets 14,669 13,788    
Total assets 112,507 108,469    
Unpaid losses and loss expenses 46,003 45,714    
Unearned premiums 9,828 9,242    
Future policy benefits 5,790 5,612    
Due to subsidiaries and affiliates, net 212 130    
Short-term debt 1,401 1,401    
Affiliated notional cash pooling programs 0 [2] 0 [3]    
Long-term debt 12 12    
Trust preferred securities   0    
Other liabilities 12,681 11,655    
Total liabilities 75,927 73,766    
Total shareholders' equity 36,580 34,703    
Total liabilities and shareholders’ equity 112,507 108,469    
Consolidating Adjustments and Eliminations
       
Condensed Financial Statements, Captions [Line Items]        
Investments 0 0    
Cash (605) [1],[2] (185) [1],[3] (872) [4] (349) [4]
Insurance and reinsurance balances receivable (960) (809)    
Reinsurance recoverable on losses and loss expenses (9,003) (8,830)    
Reinsurance recoverable on policy benefits (1,008) (997)    
Value of business acquired 0 0    
Goodwill and other intangible assets 0 0    
Investments in subsidiaries (49,119) (46,456)    
Due from subsidiaries and affiliates, net (768) (844)    
Other assets (3,726) (3,459)    
Total assets (65,189) (61,580)    
Unpaid losses and loss expenses (8,556) (8,271)    
Unearned premiums (1,808) (1,703)    
Future policy benefits (1,008) (997)    
Due to subsidiaries and affiliates, net (768) (844)    
Short-term debt 0 0    
Affiliated notional cash pooling programs (605) [2] (185) [3]    
Long-term debt   0    
Trust preferred securities   0    
Other liabilities (3,325) (3,124)    
Total liabilities (16,070) (15,124)    
Total shareholders' equity (49,119) (46,456)    
Total liabilities and shareholders’ equity $ (65,189) $ (61,580)    
[1] ACE maintains two notional multicurrency cash pools (Pools) with a third-party bank. Various ACE entities participate in one or the other of the Pools, pursuant to which credit and debit balances in individual ACE accounts are translated daily into a single currency and pooled on a notional basis. Individual ACE entities are permitted to overdraw on their individual accounts provided the overall Pool balances do not fall below zero. At September 30, 2014 and December 31, 2013, the cash balance of one or more entities was negative; however, the overall Pool balances were positive.
[2] ACE maintains two notional multicurrency cash pools (Pools) with a third-party bank. Various ACE entities participate in one or the other of the Pools, pursuant to which credit and debit balances in individual ACE accounts are translated daily into a single currency and pooled on a notional basis. Individual ACE entities are permitted to overdraw on their individual accounts provided the overall Pool balances do not fall below zero. At September 30, 2014, the cash balance of one or more entities was negative; however, the overall Pool balances were positive.
[3] ACE maintains two notional multicurrency cash pools (Pools) with a third-party bank. Various ACE entities participate in one or the other of the Pools, pursuant to which credit and debit balances in individual ACE accounts are translated daily into a single currency and pooled on a notional basis. Individual ACE entities are permitted to overdraw on their individual accounts provided the overall Pool balances do not fall below zero. At December 31, 2013, the cash balance of one or more entities was negative; however, the overall Pool balances were positive.
[4] ACE maintains two notional multicurrency cash pools (Pools) with a third-party bank. Various ACE entities participate in one or the other of the Pools, pursuant to which credit and debit balances in individual ACE accounts are translated daily into a single currency and pooled on a notional basis. Individual ACE entities are permitted to overdraw on their individual accounts provided the overall Pool balances do not fall below zero. At September 30, 2013 and December 31, 2012, the cash balance of one or more entities was negative; however, the overall Pool balances were positive.