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Schedule II (STATEMENTS OF CASH FLOWS - Parent Company Only) (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Condensed Financial Statements, Captions [Line Items]      
Net Cash Provided by (Used) in Operating Activities, Total $ 16,182 $ 12,632 $ 11,258
Other (1,412) (889) (560)
Net Cash Provided by (Used in) Investing Activities (13,923) (7,648) (5,654)
Dividends paid on Common Shares (1,436) (1,394) (1,375)
Common Shares repurchased (1,801) (2,411) (2,894)
Net cash flows (used for) from financing activities (2,181) (4,489) (5,142)
Effect of foreign currency rate changes on cash and restricted cash (150) (1) (146)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect (72) 494 316
Chubb limited (Parent Guarantor)      
Condensed Financial Statements, Captions [Line Items]      
Net Cash Provided by (Used) in Operating Activities, Total [1] 1,755 3,273 7,831
Capital redemption (contribution) 2,000 0 (4,046)
Net Cash Provided by (Used in) Investing Activities 2,000 0 (4,046)
Dividends paid on Common Shares (1,436) (1,394) (1,375)
Common Shares repurchased (1,801) (2,411) (2,894)
Repayment of intercompany loans 99 231 279
Net proceeds from (payments to) affiliated notional cash pooling programs [2] (317) 342 245
Net cash flows (used for) from financing activities (3,455) (3,232) (3,745)
Effect of foreign currency rate changes on cash and restricted cash 6 (4) (1)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 306 37 39
Cash – beginning of year 77 40 1
Cash – end of year 383 77 40
Cash dividend paid by Affiliates [1] $ 1,800 $ 3,300 $ 7,700
[1] Includes cash dividends received from subsidiaries of $1.8 billion, $3.3 billion, and $7.7 billion in 2024, 2023, and 2022, respectively.
[2] Chubb maintains two notional multicurrency cash pools (Pools) with a third-party bank. Refer to Note 1 i) for additional information.