Consolidated Balance Sheets - USD ($) $ in Millions		Dec. 31, 2015		Dec. 31, 2014
Assets
Fixed maturities available for sale, at fair value (amortized cost - $43,149 and $47,826) (includes hybrid financial instruments of $31 and $274)		$ 43,587		$ 49,395
Fixed maturities held to maturity, at amortized cost (fair value – $8,552 and $7,589)		8,430		7,331
Equity securities, at fair value (cost – $441 and $440)		497		510
Short-term investments, at fair value and amortized cost		10,446		2,322
Other investments (cost – $2,993 and $2,999)		3,291		3,346
Total investments		66,251		62,904
Cash	[1]	1,775	[2]	655	[3],[4]
Securities lending collateral		1,046		1,330
Accrued investment income		513		552
Insurance and reinsurance balances receivable		5,323		5,426
Reinsurance recoverable on losses and loss expenses		11,386		11,992
Reinsurance recoverable on policy benefits		187		217
Deferred policy acquisition costs		2,873		2,601
Value of business acquired		395		466
Goodwill and other intangible assets		5,683		5,724
Prepaid reinsurance premiums		2,082		2,026
Deferred tax assets		318		295
Investments in partially-owned insurance companies		653		504
Other assets		3,881		3,556
Total assets		102,366		98,248
Liabilities
Unpaid losses and loss expenses		37,303		38,315
Unearned premiums		8,439		8,222
Future policy benefits		4,807		4,754
Insurance and reinsurance balances payable		4,270		4,095
Securities lending payable		1,047		1,331
Accounts payable, accrued expenses, and other liabilities		6,205		5,726
Short-term debt				1,150
Repurchase agreements		1,404		1,402
Long-term debt		9,447		3,357
Trust preferred securities		309		309
Total liabilities		$ 73,231		$ 68,661
Commitments and contingencies
Shareholders' equity
Common Shares (CHF 24.15 and CHF 24.77 par value; 342,832,412 shares issued; 324,563,441 and 328,659,686 shares outstanding)		$ 7,833		$ 8,055
Common Shares in treasury (18,268,971 and 14,172,726 shares)		(1,922)		(1,448)
Additional paid-in capital		4,481		5,145
Retained earnings		19,478		16,644
Accumulated other comprehensive income (AOCI)		(735)		1,191
Total shareholders’ equity		29,135		29,587
Total liabilities and shareholders’ equity		$ 102,366		$ 98,248

[1] Chubb maintains two notional multi-currency cash pools (Pools) with a third-party bank. Refer to Note 1 f) for additional information. At December 31, 2015 and 2014, 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. Refer to Note 1 f) for additional information. At 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 multi-currency cash pools (Pools) with a third-party bank. Refer to Note 1 f) for additional information. At December 31, 2014 and 2013, 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. Refer to Note 1 f) for additional information. At December 31, 2014, the cash balance of one or more entities was negative; however, the overall Pool balances were positive.