Debt (Tables)

12 Months Ended

Dec. 31, 2014

Debt Disclosure [Abstract]

Schedule of debt outstanding

	December 31		December 31
(in millions of U.S. dollars)	2014		2013		Early Redemption Option
Short-term debt
ACE INA senior notes:
$500 million 5.875% due June 2014	$	—	$	500	Make-whole premium plus 0.20%
$450 million 5.6% due May 2015	450		—		Make-whole premium plus 0.35%
$700 million 2.6% due November 2015	700		—		Make-whole premium plus 0.20%
Repurchase agreements (weighted average interest rate of 0.3%)	1,402		1,401		None
Total short-term debt	$	2,552	$	1,901
Long-term debt
ACE INA senior notes:
$450 million 5.6% due May 2015	$	—	$	449	Make-whole premium plus 0.35%
$700 million 2.6% due November 2015	—		700		Make-whole premium plus 0.20%
$500 million 5.7% due February 2017	500		500		Make-whole premium plus 0.20%
$300 million 5.8% due March 2018	300		300		Make-whole premium plus 0.35%
$500 million 5.9% due June 2019	500		500		Make-whole premium plus 0.40%
$475 million 2.7% due March 2023	474		473		Make-whole premium plus 0.10%
$700 million 3.35% due May 2024	699		—		Make-whole premium plus 0.15%
$300 million 6.7% due May 2036	299		299		Make-whole premium plus 0.20%
$475 million 4.15% due March 2043	474		474		Make-whole premium plus 0.15%
ACE INA $100 million 8.875% debentures due August 2029	100		100		None
Other long-term debt (2.75% to 7.1% due December 2019 to September 2020)	11		12		None
Total long-term debt	$	3,357	$	3,807
Trust preferred securities
ACE INA capital securities due April 2030	$	309	$	309	Redemption price(1)

⁽¹⁾  Redemption price is equal to accrued and unpaid interest to the redemption date plus the greater of (i) 100 percent of the principal amount thereof, or (ii) sum of present value of scheduled payments of principal and interest on the debentures from the redemption date to April 1, 2030.