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Consolidated Statements Of Cash Flows (USD $)
In Millions, unless otherwise specified
 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Cash flows from operating activities    
Net income $ 2,760 $ 1,941
Adjustments to reconcile net income to net cash flows from operating activities    
Net realized (gains) losses (350) 194
Amortization of premiums/discounts on fixed maturities 207 161
Deferred income taxes 169 46
Unpaid losses and loss expenses 33 430
Unearned premiums 603 708
Future policy benefits 149 109
Insurance and reinsurance balances payable 163 (174)
Accounts payable, accrued expenses, and other liabilities (176) 252
Income taxes payable 2 44
Insurance and reinsurance balances receivable (657) (828)
Reinsurance recoverable on losses and loss expenses 550 606
Reinsurance recoverable on policy benefits 6 47
Deferred policy acquisition costs (391) (260)
Prepaid reinsurance premiums (69) (115)
Other (263) (136)
Net cash flows from operating activities 2,736 3,025
Cash flows from investing activities    
Purchases of fixed maturities available for sale (15,835) (17,348)
Purchases of to be announced mortgage-backed securities (54) (308)
Purchases of fixed maturities held to maturity (374) (217)
Purchases of equity securities (217) (114)
Sales of fixed maturities available for sale 7,982 11,058
Sales of to be announced mortgage-backed securities 30 297
Sales of equity securities 99 57
Maturities and redemptions of fixed maturities available for sale 5,538 3,596
Maturities and redemptions of fixed maturities held to maturity 1,233 1,092
Net derivative instruments settlements (376) (358)
Acquisition of subsidiaries (net of cash acquired of $38 and $8) (977) (98)
Other (188) (339)
Net cash flows used for investing activities (3,139) (2,682)
Cash flows from financing activities    
Dividends paid on Common Shares (343) (484)
Common Shares repurchased (233) (11)
Proceeds from issuance of long-term debt 947 0
Proceeds from issuance of short-term debt 1,721 2,083
Repayment of short-term debt (1,720) (1,932)
Proceeds from share-based compensation plans, including windfall tax benefits 112 73
Other 68 0
Net cash flows from (used for) financing activities 552 (271)
Effect of foreign currency rate changes on cash and cash equivalents 4 4
Net increase in cash 153 76
Cash – beginning of period 615 [1],[2] 614 [3]
Cash – end of period 768 [2],[4] 690 [3]
Supplemental cash flow information    
Taxes paid 150 323
Interest paid $ 169 $ 156
[1] ACE maintains two notional multicurrency cash pools (Pools) with a third-party bank. Various ACE entities participate in one or the other of the Pools, pursuant to which credit and debit balances in individual ACE accounts are translated daily into a single currency and pooled on a notional basis. Individual ACE entities are permitted to overdraw on their individual accounts provided the overall Pool balances do not fall below zero. At December 31, 2012, the cash balance of one or more entities was negative; however, the overall Pool balances were positive.
[2] ACE maintains two notional multicurrency cash pools (Pools) with a third-party bank. Various ACE entities participate in one or the other of the Pools, pursuant to which credit and debit balances in individual ACE accounts are translated daily into a single currency and pooled on a notional basis. Individual ACE entities are permitted to overdraw on their individual accounts provided the overall Pool balances do not fall below zero. At September 30, 2013 and December 31, 2012, the cash balance of one or more entities was negative; however, the overall Pool balances were positive.
[3] ACE maintains two notional multicurrency cash pools (Pools) with a third-party bank. Various ACE entities participate in one or the other of the Pools, pursuant to which credit and debit balances in individual ACE accounts are translated daily into a single currency and pooled on a notional basis. Individual ACE entities are permitted to overdraw on their individual accounts provided the overall Pool balances do not fall below zero. At September 30, 2012 and December 31, 2011, the cash balance of one or more entities was negative; however, the overall Pool balances were positive.
[4] ACE maintains two notional multicurrency cash pools (Pools) with a third-party bank. Various ACE entities participate in one or the other of the Pools, pursuant to which credit and debit balances in individual ACE accounts are translated daily into a single currency and pooled on a notional basis. Individual ACE entities are permitted to overdraw on their individual accounts provided the overall Pool balances do not fall below zero. At September 30, 2013, the cash balance of one or more entities was negative; however, the overall Pool balances were positive.