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Segment information (Tables)
3 Months Ended
Mar. 31, 2016
Segment Reporting [Abstract]  
Operations By Segment
For the Three Months Ended
North America Commercial P&C Insurance

 
North America Personal P&C Insurance

 
North America Agricultural Insurance

 
Overseas General Insurance

 
Global
Reinsurance

 
Life Insurance

 
Corporate

 
Chubb
Consolidated

March 31, 2016
 
 
 
 
 
 
(in millions of U.S. dollars)
 
 
 
 
 
 
Net premiums written
$
2,302

 
$
871

 
$
64

 
$
2,041

 
$
201

 
$
516

 
$

 
$
5,995

Net premiums earned
2,896

 
1,024

 
23

 
1,955

 
202

 
497

 

 
6,597

Losses and loss expenses
1,747

 
661

 
(30
)
 
1,021

 
89

 
177

 
9

 
3,674

Policy benefits

 

 

 

 

 
126

 

 
126

Policy acquisition costs
482

 
249

 
4

 
503

 
53

 
122

 

 
1,413

Administrative expenses
266

 
88

 
(4
)
 
263

 
14

 
72

 
73

 
772

Underwriting income (loss)
401

 
26

 
53

 
168

 
46

 

 
(82
)
 
612

Net investment income (loss)
426

 
47

 
5

 
146

 
67

 
67

 
(84
)
 
674

Segment income (loss)
827

 
73

 
58

 
314

 
113

 
67

 
(166
)
 
1,286

Net realized gains (losses) including OTTI


 
 
 
 
 
 
 
 
 
 
 
(394
)
 
(394
)
Interest expense


 
 
 
 
 
 
 
 
 
 
 
146

 
146

Other (income) expense:


 
 
 
 
 
 
 
 
 
 
 
 
 
 
(Gains) losses from fair value changes in separate account assets


 
 
 
 
 
 
 
 
 
 
 
3

 
3

Other


 
 
 
 
 
 
 
 
 
 
 
25

 
25

Amortization of purchased intangibles


 
 
 
 
 
 
 
 
 
 
 
7

 
7

Chubb integration expenses


 
 
 
 
 
 
 
 
 
 
 
148

 
148

Income tax expense


 
 
 
 
 
 
 
 
 
 
 
124

 
124

Net income (loss)
 
 
 
 
 
 
 
 
 
 
 
 
$
(1,013
)
 
$
439


For the Three Months Ended
North America Commercial P&C Insurance

 
North America Personal P&C Insurance

 
North America Agricultural Insurance

 
Overseas General Insurance

 
Global
Reinsurance

 
Life Insurance

 
Corporate

 
Chubb
Consolidated

March 31, 2015
 
 
 
 
 
(in millions of U.S. dollars)
 
 
 
 
 
Net premiums written
$
1,297

 
$
133

 
$
88

 
$
1,794

 
$
273

 
$
491

 
$

 
$
4,076

Net premiums earned
1,380

 
146

 
64

 
1,637

 
226

 
474

 

 
3,927

Losses and loss expenses
915

 
111

 
22

 
814

 
99

 
152

 
9

 
2,122

Policy benefits

 

 

 

 

 
142

 

 
142

Policy acquisition costs
130

 
31

 
(4
)
 
389

 
54

 
107

 

 
707

Administrative expenses
151

 
19

 
(1
)
 
256

 
12

 
73

 
44

 
554

Underwriting income (loss)
184

 
(15
)
 
47

 
178

 
61

 

 
(53
)
 
402

Net investment income
258

 
5

 
6

 
138

 
75

 
66

 
3

 
551

Segment income (loss)
442

 
(10
)
 
53

 
316

 
136

 
66

 
(50
)
 
953

Net realized gains (losses) including OTTI


 


 


 


 


 


 
(89
)
 
(89
)
Interest expense


 


 


 


 


 


 
68

 
68

Other (income) expense:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(Gains) losses from fair value changes in separate account assets


 


 


 


 


 


 
(11
)
 
(11
)
Other


 


 


 


 


 


 
(24
)
 
(24
)
Amortization of purchased intangibles


 


 


 


 


 


 
30

 
30

Income tax expense


 


 


 


 


 


 
120

 
120

Net income (loss)


 


 


 


 


 

 
$
(322
)
 
$
681