Goodwill, Other intangible assets, and Value of business acquired (Tables)

3 Months Ended

Mar. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill roll-forward by business segment

The following table presents a roll-forward of Goodwill by segment:

(in millions of U.S. dollars)	North America Commercial P&C Insurance		North America Personal P&C Insurance		North America Agricultural Insurance		Overseas General Insurance		Global Reinsurance		Life Insurance		Chubb Consolidated
Balance at December 31, 2022	$	6,945	$	2,230	$	134	$	4,605	$	371	$	1,943	$	16,228
Foreign exchange revaluation and other	(9)		(3)		—		(3)		—		(38)		(53)
Balance at March 31, 2023	$	6,936	$	2,227	$	134	$	4,602	$	371	$	1,905	$	16,175

Schedule of Changes in VOBA

The following table presents a roll-forward of VOBA:

	Three Months Ended
	March 31
(in millions of U.S. dollars)	2023
Balance, beginning of period	$	3,702
Amortization of VOBA (1)	(83)
Foreign exchange revaluation and other	(16)
Balance, end of period	$	3,603

(1)Recognized in Policy acquisition costs in the Consolidated statements of operations.