Debt (Tables)

12 Months Ended

Dec. 31, 2022

Debt Disclosure [Abstract]

Schedule of debt outstanding

	December 31		December 31
(in millions of U.S. dollars)	2022		2021		Early Redemption Option
Repurchase agreements (weighted average interest rate of 3.9% in 2022 and 0.2% in 2021)	$	1,419	$	1,406	None
Short-term debt
Chubb INA:
$1,000 million 2.875% senior notes due November 2022	$	—	$	999	Make-whole premium plus 20 bps
$475 million 2.7% senior notes due March 2023	475		—		Make-whole premium plus 10 bps
Total short-term debt	$	475	$	999
Long-term debt
Chubb INA:
$475 million 2.7% senior notes due March 2023	$	—	$	474	Make-whole premium plus 10 bps
$700 million 3.35% senior notes due May 2024	699		698		Make-whole premium plus 15 bps
€700 million 0.3% senior notes due December 2024	742		787		Make-whole premium plus 15 bps
$800 million 3.15% senior notes due March 2025	798		798		Make-whole premium plus 15 bps
$1,500 million 3.35% senior notes due May 2026	1,496		1,494		Make-whole premium plus 20 bps
€575 million 0.875% senior notes due June 2027	609		645		Make-whole premium plus 20 bps
€900 million 1.55% senior notes due March 2028	952		1,009		Make-whole premium plus 15 bps
$100 million 8.875% debentures due August 2029	100		100		None
€700 million 0.875% senior notes due December 2029	740		785		Make-whole premium plus 20 bps
$1,000 million 1.375% senior notes due September 2030	993		992		Make-whole premium plus 15 bps
€575 million 1.4% senior notes due June 2031	606		642		Make-whole premium plus 25 bps
$200 million 6.8% debentures due November 2031	234		238		Make-whole premium plus 25 bps
$300 million 6.7% senior notes due May 2036	298		298		Make-whole premium plus 20 bps
$800 million 6.0% senior notes due May 2037	927		936		Make-whole premium plus 20 bps
€900 million 2.5% senior notes due March 2038	949		1,007		Make-whole premium plus 25 bps
$600 million 6.5% senior notes due May 2038	726		735		Make-whole premium plus 30 bps
$475 million 4.15% senior notes due March 2043	471		470		Make-whole premium plus 15 bps
$1,500 million 4.35% senior notes due November 2045	1,485		1,485		Make-whole premium plus 25 bps
$600 million 2.85% senior notes due December 2051	593		593		Make-whole premium plus 15 bps
$1,000 million 3.05% senior notes due December 2061	984		983		Make-whole premium plus 20 bps
Total long-term debt	$	14,402	$	15,169
Trust preferred securities
Chubb INA capital securities due April 2030	$	308	$	308	Redemption prices(1)

(1)Redemption prices are 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 capital securities from the redemption date to April 1, 2030.