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Debt (Tables) | 12 Months Ended
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Dec. 31, 2023
Debt Disclosure [Abstract] |
Schedule of debt outstanding |
| December 31 |  | December 31 |  |
(in millions of U.S. dollars) | 2023 |  | 2022 |  | Early Redemption Option
Repurchase agreements |  |  |  |  |
Repurchase agreements (weighted average interest rate of 5.4% in 2023 and 3.9% in 2022) | $ | 1,824 |  | $ | 1,419 |  | None
Repurchase agreements – VIEs (1) (weighted average interest rate of 4.9% in 2023) | 1,009 |  | — |  | None
Total repurchase agreements | $ | 2,833 |  | $ | 1,419 |  |
Short-term debt |  |  |  |  |
Chubb INA: |  |  |  |  |
$475 million 2.7% senior notes due March 2023 | $ | — |  | $ | 475 |  | Make-whole premium plus 10 bps
$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
Total short-term debt | $ | 1,460 |  | $ | 475 |  |
Long-term debt |  |  |  |  |
Chubb INA: |  |  |  |  |
$700 million 3.35% senior notes due May 2024 | $ | — |  | $ | 699 |  | Make-whole premium plus 15 bps
€700 million 0.3% senior notes due December 2024 | — |  | 742 |  | Make-whole premium plus 15 bps
$800 million 3.15% senior notes due March 2025 | 799 |  | 798 |  | Make-whole premium plus 15 bps
$1,500 million 3.35% senior notes due May 2026 | 1,497 |  | 1,496 |  | Make-whole premium plus 20 bps
€575 million 0.875% senior notes due June 2027 | 623 |  | 609 |  | Make-whole premium plus 20 bps
€900 million 1.55% senior notes due March 2028 | 974 |  | 952 |  | Make-whole premium plus 15 bps
$100 million 8.875% debentures due August 2029 | 100 |  | 100 |  | None
€700 million 0.875% senior notes due December 2029 | 758 |  | 740 |  | Make-whole premium plus 20 bps
$1,000 million 1.375% senior notes due September 2030 | 994 |  | 993 |  | Make-whole premium plus 15 bps
€575 million 1.4% senior notes due June 2031 | 621 |  | 606 |  | Make-whole premium plus 25 bps
$200 million 6.8% debentures due November 2031 | 230 |  | 234 |  | Make-whole premium plus 25 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 | 918 |  | 927 |  | Make-whole premium plus 20 bps
€900 million 2.5% senior notes due March 2038 | 971 |  | 949 |  | Make-whole premium plus 25 bps
$600 million 6.5% senior notes due May 2038 | 718 |  | 726 |  | 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 | 1,486 |  | 1,485 |  | Make-whole premium plus 25 bps
$600 million 2.85% senior notes due December 2051 | 593 |  | 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 | $ | 13,035 |  | $ | 14,402 |  |
Trust preferred securities |  |  |  |  |
Chubb INA capital securities due April 2030 | $ | 308 |  | $ | 308 |  | Redemption prices (2)
(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

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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