XML 94 R75.htm IDEA: XBRL DOCUMENT v3.5.0.2
Information Provided In Connection With Outstanding Debt Of Subsidiaries (Condensed Consolidating Statement Of Cash Flows) (Detail) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jan. 14, 2016
Information Provided In Connection With Outstanding Debt Of Subsidiaries [Line Items]      
Net cash flows from operating activities $ 2,153 $ 1,891  
Purchases of fixed maturities available for sale (17,077) (9,210)  
Purchases of fixed maturities held to maturity (121) (24)  
Purchases of equity securities (78) (70)  
Sales of fixed maturities available for sale 11,868 3,642  
Sales of equity securities 932 102  
Maturities and redemptions of fixed maturities available for sale 3,910 3,691  
Maturities and redemptions of fixed maturities held to maturity 443 470  
Net change in short-term investments 11,711 228  
Net derivative instruments settlements (93) (33)  
Cash Acquired from Acquisition 71 620  
Acquisition of subsidiaries (net of cash acquired of $71 and $620) (14,248) 255  
Capital contribution 0    
Other 81 (71)  
Net cash flows used for investing activities (2,672) (1,020)  
Dividends paid on Common Shares (530) (427)  
Common Shares repurchased 0 (750)  
Proceeds from issuance of long-term debt 0 800  
Proceeds from issuance of repurchase agreements 904 1,327  
Repayment of long-term debt 0 (450)  
Repayments of repurchase agreements (902) (1,327)  
Proceeds from share-based compensation plans, including windfall tax benefits 92 46  
Dividend to Parent Company 0    
Capital contribution 0    
Advances To From Affiliates Financing Activities 0 0  
Net proceeds from (payments to) affiliated notional cash pooling program 0 0  
Policyholder contract deposits 274 235  
Policyholder contract withdrawals (103) (107)  
Other (4) (6)  
Net cash flows (used for) from financing activities (269) (659)  
Effect of foreign currency rate changes on cash and cash equivalents 24 (77)  
Net increase (decrease) in cash (764) 135  
Cash – beginning of period 1,775 [1],[2] 655 [3]  
Cash – end of period 1,011 [2],[4] 790 [3]  
Consolidating Adjustments and Eliminations      
Information Provided In Connection With Outstanding Debt Of Subsidiaries [Line Items]      
Net cash flows from operating activities (7,372) 0  
Purchases of fixed maturities available for sale 0 0  
Purchases of fixed maturities held to maturity 0 0  
Purchases of equity securities 0 0  
Sales of fixed maturities available for sale 0 0  
Sales of equity securities 0 0  
Maturities and redemptions of fixed maturities available for sale 0 0  
Maturities and redemptions of fixed maturities held to maturity 0 0  
Net change in short-term investments 0 0  
Net derivative instruments settlements 0 0  
Acquisition of subsidiaries (net of cash acquired of $71 and $620) 0 0  
Capital contribution 4,660    
Other 0 0  
Net cash flows used for investing activities 4,660 0  
Dividends paid on Common Shares 0 0  
Common Shares repurchased   0  
Proceeds from issuance of long-term debt   0  
Proceeds from issuance of repurchase agreements 0 0  
Repayment of long-term debt   0  
Repayments of repurchase agreements 0 0  
Proceeds from share-based compensation plans, including windfall tax benefits 0 0  
Dividend to Parent Company 7,372    
Capital contribution (4,660)    
Advances To From Affiliates Financing Activities 0 0  
Net proceeds from (payments to) affiliated notional cash pooling program (51) [2] 132 [3]  
Policyholder contract deposits 0 0  
Policyholder contract withdrawals 0 0  
Other 0 0  
Net cash flows (used for) from financing activities 2,661 132  
Effect of foreign currency rate changes on cash and cash equivalents 0 0  
Net increase (decrease) in cash (51) 132  
Cash – beginning of period (971) [1],[2] (555) [3]  
Cash – end of period (1,022) [2],[4] (423) [3]  
Chubb Limited (Parent Guarantor)      
Information Provided In Connection With Outstanding Debt Of Subsidiaries [Line Items]      
Net cash flows from operating activities 3,213 65  
Purchases of fixed maturities available for sale 0 0  
Purchases of fixed maturities held to maturity 0 0  
Purchases of equity securities 0 0  
Sales of fixed maturities available for sale 0 0  
Sales of equity securities 0 0  
Maturities and redemptions of fixed maturities available for sale 0 0  
Maturities and redemptions of fixed maturities held to maturity 0 0  
Net change in short-term investments 0 0  
Net derivative instruments settlements 0 0  
Acquisition of subsidiaries (net of cash acquired of $71 and $620) 0 0  
Capital contribution (2,330)    
Other 0 0  
Net cash flows used for investing activities (2,330) 0  
Dividends paid on Common Shares (530) (427)  
Common Shares repurchased   0  
Proceeds from issuance of long-term debt   0  
Proceeds from issuance of repurchase agreements 0 0  
Repayment of long-term debt   0  
Repayments of repurchase agreements 0 0  
Proceeds from share-based compensation plans, including windfall tax benefits 0 0  
Dividend to Parent Company 0    
Capital contribution 0    
Advances To From Affiliates Financing Activities (247) 223  
Net proceeds from (payments to) affiliated notional cash pooling program (106) [2] 140 [3]  
Policyholder contract deposits 0 0  
Policyholder contract withdrawals 0 0  
Other 0 0  
Net cash flows (used for) from financing activities (883) (64)  
Effect of foreign currency rate changes on cash and cash equivalents 0 0  
Net increase (decrease) in cash 0 1  
Cash – beginning of period 1 [1],[2] 0 [3]  
Cash – end of period 1 [2],[4] 1 [3]  
Chubb INA Holdings Inc (Subsidiary Issuer)      
Information Provided In Connection With Outstanding Debt Of Subsidiaries [Line Items]      
Net cash flows from operating activities 4,050 (35)  
Purchases of fixed maturities available for sale (83) 0  
Purchases of fixed maturities held to maturity 0 0  
Purchases of equity securities 0 0  
Sales of fixed maturities available for sale 0 0  
Sales of equity securities 0 0  
Maturities and redemptions of fixed maturities available for sale 0 0  
Maturities and redemptions of fixed maturities held to maturity 0 0  
Net change in short-term investments 7,829 190  
Net derivative instruments settlements (10) (9)  
Acquisition of subsidiaries (net of cash acquired of $71 and $620) (14,282) 0  
Capital contribution 0    
Other (3) (2)  
Net cash flows used for investing activities (6,549) 179  
Dividends paid on Common Shares 0 0  
Common Shares repurchased   0  
Proceeds from issuance of long-term debt   800  
Proceeds from issuance of repurchase agreements 0 0  
Repayment of long-term debt   (450)  
Repayments of repurchase agreements 0 0  
Proceeds from share-based compensation plans, including windfall tax benefits 0 0  
Dividend to Parent Company 0    
Capital contribution 2,330    
Advances To From Affiliates Financing Activities 221 (214)  
Net proceeds from (payments to) affiliated notional cash pooling program 157 [2] (272) [3]  
Policyholder contract deposits 0 0  
Policyholder contract withdrawals 0 0  
Other (4) (6)  
Net cash flows (used for) from financing activities 2,704 (142)  
Effect of foreign currency rate changes on cash and cash equivalents 0 0  
Net increase (decrease) in cash 205 2  
Cash – beginning of period 2 [1],[2] 1 [3]  
Cash – end of period 207 [2],[4] 3 [3]  
Other Chubb Limited Subsidiaries      
Information Provided In Connection With Outstanding Debt Of Subsidiaries [Line Items]      
Net cash flows from operating activities 2,262 1,861  
Purchases of fixed maturities available for sale (16,994) (9,210)  
Purchases of fixed maturities held to maturity (121) (24)  
Purchases of equity securities (78) (70)  
Sales of fixed maturities available for sale 11,868 3,642  
Sales of equity securities 932 102  
Maturities and redemptions of fixed maturities available for sale 3,910 3,691  
Maturities and redemptions of fixed maturities held to maturity 443 470  
Net change in short-term investments 3,882 38  
Net derivative instruments settlements (83) (24)  
Acquisition of subsidiaries (net of cash acquired of $71 and $620) 34 255  
Capital contribution (2,330)    
Other 84 (69)  
Net cash flows used for investing activities 1,547 (1,199)  
Dividends paid on Common Shares 0 0  
Common Shares repurchased   (750)  
Proceeds from issuance of long-term debt   0  
Proceeds from issuance of repurchase agreements 904 1,327  
Repayment of long-term debt   0  
Repayments of repurchase agreements (902) (1,327)  
Proceeds from share-based compensation plans, including windfall tax benefits 92 46  
Dividend to Parent Company (7,372)    
Capital contribution 2,330    
Advances To From Affiliates Financing Activities 26 (9)  
Net proceeds from (payments to) affiliated notional cash pooling program 0 [2] 0 [3]  
Policyholder contract deposits 274 235  
Policyholder contract withdrawals (103) (107)  
Other 0 0  
Net cash flows (used for) from financing activities (4,751) (585)  
Effect of foreign currency rate changes on cash and cash equivalents 24 (77)  
Net increase (decrease) in cash (918) 0  
Cash – beginning of period 2,743 [1],[2] 1,209 [3]  
Cash – end of period $ 1,825 [2],[4] $ 1,209 [3]  
The Chubb Corporation [Member]      
Information Provided In Connection With Outstanding Debt Of Subsidiaries [Line Items]      
Intercompany Loan Agreements     $ 10,000
[1] Chubb maintains two notional multicurrency cash pools (Pools) with a third-party bank. Various Chubb entities participate in one or the other of the Pools, pursuant to which credit and debit balances in individual Chubb accounts are translated daily into a single currency and pooled on a notional basis. Individual Chubb entities are permitted to overdraw on their individual accounts provided the overall Pool balances do not fall below zero. At December 31, 2015, the cash balance of one or more entities was negative; however, the overall Pool balances were positive.
[2] Chubb maintains two notional multicurrency cash pools (Pools) with a third-party bank. Various Chubb entities participate in one or the other of the Pools, pursuant to which credit and debit balances in individual Chubb accounts are translated daily into a single currency and pooled on a notional basis. Individual Chubb entities are permitted to overdraw on their individual accounts provided the overall Pool balances do not fall below zero. At June 30, 2016 and December 31, 2015, the cash balance of one or more entities was negative; however, the overall Pool balances were positive.
[3] Chubb maintains two notional multicurrency cash pools (Pools) with a third-party bank. Various Chubb entities participate in one or the other of the Pools, pursuant to which credit and debit balances in individual Chubb accounts are translated daily into a single currency and pooled on a notional basis. Individual Chubb entities are permitted to overdraw on their individual accounts provided the overall Pool balances do not fall below zero. At June 30, 2015 and December 31, 2014, the cash balance of one or more entities was negative; however, the overall Pool balances were positive.
[4] Chubb maintains two notional multicurrency cash pools (Pools) with a third-party bank. Various Chubb entities participate in one or the other of the Pools, pursuant to which credit and debit balances in individual Chubb accounts are translated daily into a single currency and pooled on a notional basis. Individual Chubb entities are permitted to overdraw on their individual accounts provided the overall Pool balances do not fall below zero. At June 30, 2016, the cash balance of one or more entities was negative; however, the overall Pool balances were positive.