XML 147 R138.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Information provided in connection with outstanding debt of subsidiaries (Condensed Consolidating Statement Of Cash Flows) (Detail) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
[3]
Information Provided In Connection With Outstanding Debt Of Subsidiaries [Line Items]        
Cash Acquired from Acquisition $ 45 $ 0 $ 0  
Net cash flows from operating activities 6,342 5,480 4,503  
Payments To Acquire Available For Sale Securities Debt Condensed (25,846) (24,735) (25,747)  
Purchases of fixed maturities held to maturity (229) (456) (352)  
Purchases of equity securities (531) (207) (173)  
Proceeds From Sale Of Available For Sale Securities Debt Condensed 13,116 14,030 13,255  
Sales of equity securities 611 315 187  
Maturities and redemptions of fixed maturities available for sale 9,039 7,352 10,425  
Maturities and redemptions of fixed maturities held to maturity 946 1,124 879  
Net change in short-term investments (1,117) 516 (537)  
Net derivative instruments settlements (703) 16 (265)  
Private equity contributions (1,315) (1,337) (648)  
Private equity distributions 1,390 980 1,084  
Payments to Acquire Businesses, Net of Cash Acquired (29) 0 0  
Payment Of Contributions To Subsidiary 0 0    
Other (1,237) (533) (530)  
Net Cash Provided by (Used in) Investing Activities (5,905) (2,935) (2,422)  
Dividends paid on Common Shares (1,354) (1,337) (1,308)  
Common Shares repurchased (1,530) (1,044) (801)  
Proceeds from issuance of long-term debt 2,828 2,171 0  
Proceeds from (Payments for) in Securities Sold under Agreements to Repurchase 2,817 2,029 2,353  
Repayments of Long-term Debt (510) (2,001) (501)  
Payments for Securities Purchased under Agreements to Resell (2,817) (2,019) (2,348)  
Proceeds from share-based compensation plans 204 115 151  
Advances from (to) affiliates 0 0 0  
Dividends to parent company 0 0 0  
Proceeds from Contributions from Parent 0 0    
Net proceeds from (Repayments to) affiliated notional cash pooling program 0 0 [1] 0  
Policyholder contract deposits 514 453 442  
Policyholder contract withdrawals (303) (358) (307)  
Net cash flows (used for) from financing activities (151) (1,991) (2,319)  
Effect of foreign currency rate changes on cash and restricted cash 20 (65) 1  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 306 489 (237)  
Cash and restricted cash 1,646 [2] 1,340 [1],[2] 851 [2],[3] $ 1,088
Parent Company Only        
Information Provided In Connection With Outstanding Debt Of Subsidiaries [Line Items]        
Net cash flows from operating activities [4] 412 256 781  
Payments To Acquire Available For Sale Securities Debt Condensed 0 0 0  
Purchases of fixed maturities held to maturity 0 0 0  
Purchases of equity securities 0 0 0  
Proceeds From Sale Of Available For Sale Securities Debt Condensed 0 0 0  
Sales of equity securities 0 0 0  
Maturities and redemptions of fixed maturities available for sale 0 0 0  
Maturities and redemptions of fixed maturities held to maturity 0 0 0  
Net change in short-term investments 0 0 0  
Net derivative instruments settlements 0 0 0  
Private equity contributions 0 0 0  
Private equity distributions 0 0 0  
Payment Of Contributions To Subsidiary (1,000) (1,475)    
Other 0 0 0  
Net Cash Provided by (Used in) Investing Activities (1,000) (1,475) 0  
Dividends paid on Common Shares (1,354) (1,337) (1,308)  
Common Shares repurchased (327) 0 0  
Proceeds from issuance of long-term debt 0 0 0  
Proceeds from (Payments for) in Securities Sold under Agreements to Repurchase 0 0 0  
Repayments of Long-term Debt 0 0 0  
Payments for Securities Purchased under Agreements to Resell 0 0 0  
Proceeds from share-based compensation plans 0 0 0  
Advances from (to) affiliates 2,301 2,519 892  
Dividends to parent company 0 0 0  
Proceeds from Contributions from Parent 0      
Net proceeds from (Repayments to) affiliated notional cash pooling program [5] (35) 35 (363)  
Policyholder contract deposits 0 0 0  
Policyholder contract withdrawals 0 0 0  
Net cash flows (used for) from financing activities 585 1,217 (779)  
Effect of foreign currency rate changes on cash and restricted cash 4 0 0  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 1 (2) 2  
Cash and restricted cash 2 [2] 1 [1],[2] 3 [2],[3] 1
Chubb INA Holdings Inc. (Subsidiary Issuer)        
Information Provided In Connection With Outstanding Debt Of Subsidiaries [Line Items]        
Net cash flows from operating activities 2,926 4,654 1,648  
Payments To Acquire Available For Sale Securities Debt Condensed (21) (38) (9)  
Purchases of fixed maturities held to maturity 0 0 0  
Purchases of equity securities 0 0 0  
Proceeds From Sale Of Available For Sale Securities Debt Condensed 1 11 99  
Sales of equity securities 0 0 0  
Maturities and redemptions of fixed maturities available for sale 41 17 29  
Maturities and redemptions of fixed maturities held to maturity 0 0 0  
Net change in short-term investments (808) 3 189  
Net derivative instruments settlements (74) (7) (15)  
Private equity contributions 0 0 0  
Private equity distributions 0 0 0  
Payment Of Contributions To Subsidiary (110) (3,550)    
Other (4) (18) (10)  
Net Cash Provided by (Used in) Investing Activities (975) (3,582) 283  
Dividends paid on Common Shares 0 0 0  
Common Shares repurchased 0 0 0  
Proceeds from issuance of long-term debt 2,828 2,171    
Proceeds from (Payments for) in Securities Sold under Agreements to Repurchase 0 0 0  
Repayments of Long-term Debt (500) (2,000) (500)  
Payments for Securities Purchased under Agreements to Resell 0 0 0  
Proceeds from share-based compensation plans 0 0 0  
Advances from (to) affiliates (3,223) (1,744) (927)  
Dividends to parent company 0 0 0  
Proceeds from Contributions from Parent 0      
Net proceeds from (Repayments to) affiliated notional cash pooling program (617) 502 (504)  
Policyholder contract deposits 0 0 0  
Policyholder contract withdrawals 0 0 0  
Net cash flows (used for) from financing activities (1,512) (1,071) (1,931)  
Effect of foreign currency rate changes on cash and restricted cash 1 0 0  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 440 1 0  
Cash and restricted cash 442 [2] 2 [1],[2] 1 [2],[3] 1
Other Chubb Limited Subsidiaries and Eliminations        
Information Provided In Connection With Outstanding Debt Of Subsidiaries [Line Items]        
Net cash flows from operating activities 6,878 5,878 4,598  
Payments To Acquire Available For Sale Securities Debt Condensed (25,825) (24,697) (25,738)  
Purchases of fixed maturities held to maturity (229) (456) (352)  
Purchases of equity securities (531) (207) (173)  
Proceeds From Sale Of Available For Sale Securities Debt Condensed 13,115 14,019 13,156  
Sales of equity securities 611 315 187  
Maturities and redemptions of fixed maturities available for sale 8,998 7,335 10,396  
Maturities and redemptions of fixed maturities held to maturity 946 1,124 879  
Net change in short-term investments (309) 513 (726)  
Net derivative instruments settlements (629) 23 (250)  
Private equity contributions (1,315) (1,337) (648)  
Private equity distributions 1,390 980 1,084  
Payments to Acquire Businesses, Net of Cash Acquired (29)      
Other (1,233) (515) (520)  
Net Cash Provided by (Used in) Investing Activities (5,040) (2,903) (2,705)  
Dividends paid on Common Shares 0 0 0  
Common Shares repurchased (1,203) (1,044) (801)  
Proceeds from issuance of long-term debt 0 0 0  
Proceeds from (Payments for) in Securities Sold under Agreements to Repurchase 2,817 2,029 2,353  
Repayments of Long-term Debt (10) (1) (1)  
Payments for Securities Purchased under Agreements to Resell (2,817) (2,019) (2,348)  
Proceeds from share-based compensation plans 204 115 151  
Advances from (to) affiliates 922 (775) 35  
Dividends to parent company (3,874) (5,308) (2,524)  
Proceeds from Contributions from Parent 1,110 5,025    
Net proceeds from (Repayments to) affiliated notional cash pooling program 0 0 0  
Policyholder contract deposits 514 453 442  
Policyholder contract withdrawals (303) (358) (307)  
Net cash flows (used for) from financing activities (2,640) (1,883) (3,000)  
Effect of foreign currency rate changes on cash and restricted cash 15 (65) 1  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect (787) 1,027 (1,106)  
Cash and restricted cash 1,202 [2] 1,989 [1],[2] 962 [3] 2,068
Consolidating Adjustments        
Information Provided In Connection With Outstanding Debt Of Subsidiaries [Line Items]        
Net cash flows from operating activities (3,874) (5,308) (2,524)  
Payments To Acquire Available For Sale Securities Debt Condensed 0 0 0  
Purchases of fixed maturities held to maturity 0 0 0  
Purchases of equity securities 0 0 0  
Proceeds From Sale Of Available For Sale Securities Debt Condensed 0 0 0  
Sales of equity securities 0 0 0  
Maturities and redemptions of fixed maturities available for sale 0 0 0  
Maturities and redemptions of fixed maturities held to maturity 0 0 0  
Net change in short-term investments 0 0 0  
Net derivative instruments settlements 0 0 0  
Private equity contributions 0 0 0  
Private equity distributions 0 0 0  
Payment Of Contributions To Subsidiary 1,110 5,025    
Other 0 0 0  
Net Cash Provided by (Used in) Investing Activities 1,110 5,025 0  
Dividends paid on Common Shares 0 0 0  
Common Shares repurchased 0 0 0  
Proceeds from issuance of long-term debt   0 0  
Proceeds from (Payments for) in Securities Sold under Agreements to Repurchase 0 0 0  
Repayments of Long-term Debt 0 0 0  
Payments for Securities Purchased under Agreements to Resell 0 0 0  
Proceeds from share-based compensation plans 0 0 0  
Advances from (to) affiliates 0 0 0  
Dividends to parent company 3,874 5,308 2,524  
Proceeds from Contributions from Parent (1,110) (5,025)    
Net proceeds from (Repayments to) affiliated notional cash pooling program 652 (537) [1] 867  
Policyholder contract deposits 0 0 0  
Policyholder contract withdrawals 0 0 0  
Net cash flows (used for) from financing activities 3,416 (254) 3,391  
Effect of foreign currency rate changes on cash and restricted cash 0 0 0  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $ 652 (537) 867  
Cash and restricted cash   $ (652) [1],[2] $ (115) [2],[3] $ (982)
[1]
Chubb maintains two notional multi-currency cash pools (Pools) with a third-party bank. Refer to Note 1 f) for additional information. At December 31, 2018 and 2017, the cash balance of one or more entities was negative; however, the overall Pool balances were positive.
[2]
Chubb maintains two notional multi-currency cash pools (Pools) with a third-party bank. Refer to Note 1 f) for additional information. At December 31, 2018, the cash balance of one or more entities was negative; however, the overall Pool balances were positive.
[3]
Chubb maintains two notional multi-currency cash pools (Pools) with a third-party bank. Refer to Note 1 f) for additional information. At December 31, 2017 and 2016, the cash balance of one or more entities was negative; however, the overall Pool balances were positive.
[4] Includes cash dividends received from subsidiaries of $200 million, $75 million, and $450 million in 2019, 2018, and 2017, respectively.
[5] Chubb maintains two notional multicurrency cash pools (Pools) with a third-party bank. Refer to Note 1 f) for additional information.