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Debt (Tables)
12 Months Ended
Dec. 31, 2015
Debt Disclosure [Abstract]  
Schedule of debt outstanding
 
December 31

 
December 31

 
 
(in millions of U.S. dollars)
2015

 
2014

 
Early Redemption Option
Repurchase agreements (weighted average interest rate of 0.6% in 2015 and 0.3% in 2014)
$
1,404


$
1,402

 
None
Short-term debt
 
 
 
 
 
ACE INA senior notes:
 
 
 
 
 
$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%
Total short-term debt
$

 
$
1,150

 
 
Long-term debt
 
 
 
 
 
ACE INA senior notes:
 
 
 
 
 
$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%
$1,300 million 2.3% due November 2020
1,299



 
Make-whole premium plus 0.15%
$1,000 million 2.875% due November 2022
999

 

 
Make-whole premium plus 0.20%
$475 million 2.7% due March 2023
474

 
474

 
Make-whole premium plus 0.10%
$700 million 3.35% due May 2024
699

 
699

 
Make-whole premium plus 0.15%
$800 million 3.15% due March 2025
800

 

 
Make-whole premium plus 0.15%
$1,500 million 3.35% due May 2026
1,496

 

 
Make-whole premium plus 0.20%
$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%
$1,500 million 4.35% due November 2045
1,496

 

 
Make-whole premium plus 0.25%
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

 
11

 
None
Total long-term debt
$
9,447

 
$
3,357

 
 
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.