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Schedule II (STATEMENTS OF CASH FLOWS - Parent Company Only) (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Condensed Financial Statements, Captions [Line Items]      
Net cash flows from operating activities $ 6,342 $ 5,480 $ 4,503
Payment Of Contributions To Subsidiary 0 0  
Dividends paid on Common Shares (1,354) (1,337) (1,308)
Common Shares repurchased (1,530) (1,044) (801)
Net proceeds from (payments to) affiliated notional cash pooling programs 0 0 [1] 0
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 and restricted cash – beginning of year 1,247 [2] 728  
Cash and restricted cash – end of year 1,537 [3] 1,247 [2] 728
Chubb limited (Parent Guarantor)      
Condensed Financial Statements, Captions [Line Items]      
Net cash flows from operating activities [4] 412 256 781
Payment Of Contributions To Subsidiary (1,000) (1,475)  
Net cash flows used for investing activities (1,000) (1,475) 0
Dividends paid on Common Shares (1,354) (1,337) (1,308)
Common Shares repurchased (327) 0 0
Payments To From Affiliates 2,301 2,519 892
Net proceeds from (payments to) affiliated notional cash pooling programs [5] (35) 35 (363)
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
Net increase (decrease) in cash and restricted cash 1 (2) 2
Cash and restricted cash – beginning of year 1 [2] 3 1
Cash and restricted cash – end of year 2 [3] 1 [2] 3
Cash dividend paid by Affiliates $ 200 $ 75 $ 450
[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 multicurrency 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 multicurrency cash pools (Pools) with a third-party bank. Refer to Note 1 f) for additional information.
[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.