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Shareholders' equity note (Tables)
12 Months Ended
Dec. 31, 2023
Stockholders' Equity Note [Abstract]  
Dividends Declared [Table Text Block]
The following table presents dividend distributions per Common Share in Swiss francs (CHF) and U.S. dollars (USD):
Year Ended December 31
202320222021
CHFUSDCHFUSDCHFUSD
Total dividend distributions per common share3.05 $3.41 3.11 $3.29 2.88 $3.18 
Schedule of changes in Common Shares issued and outstanding
Year Ended December 31
202320222021
Common Shares authorized and issued, beginning of year446,376,614 474,021,114 477,605,264 
Cancellation of treasury shares(14,925,028)(27,644,500)(3,584,150)
Common Shares authorized and issued, end of year431,451,586 446,376,614 474,021,114 
Common Shares in treasury, beginning of year (at cost)(31,781,758)(47,448,502)(26,872,639)
Net shares issued under employee share-based compensation plans2,500,381 2,947,272 3,484,487 
Shares repurchased(11,825,600)(14,925,028)(27,644,500)
Cancellation of treasury shares14,925,028 27,644,500 3,584,150 
Common Shares in treasury, end of year (at cost)(26,181,949)(31,781,758)(47,448,502)
Common Shares outstanding, end of year405,269,637 414,594,856 426,572,612 
Share Repurchase Program [Table Text Block]
Share repurchases may be in the open market, in privately negotiated transactions, block trades, accelerated repurchases and through option or other forward transactions. The following table presents repurchases of Chubb's Common Shares conducted in a series of open market transactions under the Board authorizations:
Year Ended December 31January 1, 2024 through
(in millions of U.S. dollars, except share data)202320222021February 22, 2024
Number of shares repurchased11,825,600 14,925,028 27,644,500 269,450 
Cost of shares repurchased$2,478 $3,014 $4,861 $67 
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]
The following table presents changes in accumulated other comprehensive income (loss):
As Adjusted
Year Ended December 31
(in millions of U.S. dollars)202320222021
Accumulated other comprehensive income (loss) (AOCI)
Net unrealized appreciation (depreciation) on investments
Balance – beginning of year, net of tax$(7,279)$2,256 $4,673 
Change in year, before reclassification from AOCI (before tax)2,948 (11,627)(2,935)
Amounts reclassified from AOCI (before tax)500 1,049 (3)
Change in year, before tax3,448 (10,578)(2,938)
Income tax (expense) benefit(328)1,043 521 
Total other comprehensive income (loss)
3,120 (9,535)(2,417)
Noncontrolling interests, net of tax
18 — — 
Balance – end of year, net of tax(4,177)(7,279)2,256 
Current discount rate on liability for future policy benefits
Balance – beginning of year, net of tax
(75)(1,399)— 
Cumulative effect of adoption of accounting guidance
 — (1,725)
Balance – beginning of year, net of tax, as adjusted
(75)(1,399)(1,725)
Change in year, before tax
84 1,480 387 
Income tax (expense) benefit
16 (156)(61)
Total other comprehensive income100 1,324 326 
Noncontrolling interests, net of tax(26)— — 
Balance – end of year, net of tax
51 (75)(1,399)
Instrument-specific credit risk on market risk benefits
Balance – beginning of year, net of tax
(24)(57)— 
Cumulative effect of adoption of accounting guidance — (84)
Balance – beginning of year, net of tax, as adjusted(24)(57)(84)
Change in year, before and net of tax
2 33 27 
Total other comprehensive income
2 33 27 
Noncontrolling interests, net of tax — — 
Balance – end of year, net of tax
(22)(24)(57)
Cumulative foreign currency translation adjustment
Balance – beginning of year, net of tax(2,966)(2,114)(1,637)
Cumulative effect of adoption of accounting guidance — 
Balance – beginning of year, net of tax, as adjusted(2,966)(2,114)(1,630)
Change in year, before reclassification from AOCI (before tax) (907)(505)
Amounts reclassified from AOCI (before tax)(13)(4)— 
Change in year, before tax(13)(911)(505)
Income tax benefit
27 59 21 
As Adjusted
Year Ended December 31
(in millions of U.S. dollars)202320222021
Accumulated other comprehensive income (loss) (AOCI) - continued
Total other comprehensive income (loss)
14 (852)(484)
Noncontrolling interests, net of tax(7)— — 
Balance – end of year, net of tax(2,945)(2,966)(2,114)
Fair value hedging instruments
Balance – beginning of year, net of tax(66)— — 
Change in year, before reclassification from AOCI (before tax)101 17 — 
Amounts reclassified from AOCI (before tax)(34)(100)— 
Change in year, before tax67 (83)— 
Income tax (expense) benefit
(14)17 — 
Total other comprehensive income (loss)53 (66)— 
Noncontrolling interests, net of tax — — 
Balance – end of year, net of tax(13)(66)— 
Postretirement benefit liability adjustment
Balance – beginning of year, net of tax225 240 (167)
Change in year, before tax90 (17)522 
Income tax (expense) benefit(18)(115)
Total other comprehensive income (loss)72 (15)407 
Noncontrolling interests, net of tax — — 
Balance – end of year, net of tax297 225 240 
Accumulated other comprehensive loss
$(6,809)$(10,185)$(1,074)
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]
The following table presents reclassifications from accumulated other comprehensive income (loss) to the consolidated statements of operations:
Consolidated Statement of Operations Location
Year Ended December 31
(in millions of U.S. dollars)202320222021
Fixed maturities available-for-sale
$(500)$(1,049)$Net realized gains (losses)
Income tax benefit
62 170 Income tax expense
$(438)$(879)$Net income
Cumulative foreign currency translation adjustment
Cross-currency swaps$13 $$— 
Interest expense
Income tax expense(3)(1)— Income tax expense
$10 $$— Net income
Net gains (losses) of fair value hedging instruments
Cross-currency swaps$50 $105 $— Net realized gains (losses)
Cross-currency swaps(16)(5)— 
Interest expense
Income tax expense
(7)(21)— Income tax expense
$27 $79 $— Net income
Total amounts reclassified from AOCI$(401)$(797)$