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Debt (Tables)

12 Months Ended

Dec. 31, 2024

Debt Disclosure [Abstract]

Schedule of debt outstanding


			December 31						December 31
(in millions of U.S. dollars)			2024						2023						Early Redemption Option
Repurchase agreements
Repurchase agreements (weighted average interest rate of 4.1% in 2024 and 5.4% in 2023)			$	1,916					$	1,824					None
Repurchase agreements – VIEs (1) (weighted average interest rate of 2.2% in 2024 and 4.9% in 2023)			815						1,009						None
Total repurchase agreements			$	2,731					$	2,833
Short-term debt
Chubb INA:

$700 million 3.35% senior notes due May 2024			$	—					$	700					Make-whole premium plus 15 bps
€700 million 0.3% senior notes due December 2024			—						760						Make-whole premium plus 15 bps
$800 million 3.15% senior notes due March 2025			800						—						Make-whole premium plus 15 bps
Total short-term debt			$	800					$	1,460
Long-term debt
Chubb INA:


$800 million 3.15% senior notes due March 2025			$	—					$	799					Make-whole premium plus 15 bps
$1,500 million 3.35% senior notes due May 2026			1,498						1,497						Make-whole premium plus 20 bps
€575 million 0.875% senior notes due June 2027			604						623						Make-whole premium plus 20 bps
€900 million 1.55% senior notes due March 2028			944						974						Make-whole premium plus 15 bps
$100 million 8.875% debentures due August 2029			100						100						None
$700 million 4.65% senior notes due August 2029			695						—						Make-whole premium plus 15 bps
€700 million 0.875% senior notes due December 2029			734						758						Make-whole premium plus 20 bps
$1,000 million 1.375% senior notes due September 2030			995						994						Make-whole premium plus 15 bps
€575 million 1.4% senior notes due June 2031			601						621						Make-whole premium plus 25 bps
$200 million 6.8% debentures due November 2031			227						230						Make-whole premium plus 25 bps
$1,600 million 5.0% senior notes due March 2034			1,588						—						Make-whole premium plus 15 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			909						918						Make-whole premium plus 20 bps
€900 million 2.5% senior notes due March 2038			940						971						Make-whole premium plus 25 bps
$600 million 6.5% senior notes due May 2038			710						718						Make-whole premium plus 30 bps
$475 million 4.15% senior notes due March 2043			471						471						Make-whole premium plus 15 bps
$1,500 million 4.35% senior notes due November 2045			1,487						1,486						Make-whole premium plus 25 bps
$600 million 2.85% senior notes due December 2051			594						593						Make-whole premium plus 15 bps
$1,000 million 3.05% senior notes due December 2061			984						984						Make-whole premium plus 20 bps
Total long-term debt			$	14,379					$	13,035
Hybrid debt
Chubb INA capital securities due April 2030			$	309					$	308					Redemption prices (2)
Huatai Life CNY 800 million 2.90% capital supplementary bonds due November 2034			110						—						Redeemable at par in 2029
Total hybrid debt			$	419					$	308

(1)Refer to Note 1 g) to the Consolidated Financial Statements for additional information on the consolidation of VIEs.

(2)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.