Consolidated Balance Sheets - USD ($) $ in Millions		Mar. 31, 2019		Dec. 31, 2018
Assets
Fixed maturities available for sale, at fair value (amortized cost – $79,624 and $79,323) (includes hybrid financial instruments of $8 and $9)		$ 80,663		$ 78,470
Fixed maturities held to maturity, at amortized cost (fair value – $13,240 and $13,259)		13,136		13,435
Equity securities, at fair value and cost		821		770
Short-term investments, at fair value and amortized cost		3,078		3,016
Other investments, at fair value and cost		5,562		5,277
Total investments		103,260		100,968
Cash		1,271	[1]	1,247	[2]
Restricted cash	[1]	122		93
Securities lending collateral		1,861		1,926
Accrued investment income		870		883
Insurance and reinsurance balances receivable		9,826		10,075
Reinsurance recoverable on losses and loss expenses		16,137		15,993
Reinsurance recoverable on policy benefits		203		202
Deferred policy acquisition costs		5,008		4,922
Value of business acquired		289		295
Goodwill		15,328		15,271
Other intangible assets		6,091		6,143
Prepaid reinsurance premiums		2,698		2,544
Investments in partially-owned insurance companies		708		678
Other assets		7,675		6,531
Total assets		171,347		167,771
Liabilities
Unpaid losses and loss expenses		63,143		62,960
Unearned premiums		15,909		15,532
Future policy benefits		5,552		5,506
Insurance and reinsurance balances payable		6,469		6,437
Securities lending payable		1,861		1,926
Accounts payable, accrued expenses, and other liabilities		11,210		10,472
Deferred tax liabilities		541		304
Repurchase agreements		1,419		1,418
Short-term debt		509		509
Long-term debt		12,071		12,087
Trust preferred securities		308		308
Total liabilities		118,992		117,459
Commitments and contingencies
Shareholders’ equity
Common Shares (CHF 24.15 par value; 479,783,864 shares issued; 458,179,205 and 459,203,378 shares outstanding)		11,121		11,121
Common Shares in treasury (21,604,659 and 20,580,486 shares)		(2,775)		(2,618)
Additional Paid in Capital, Common Stock		12,051		12,557
Retained earnings		32,728		31,700
Accumulated other comprehensive income (loss) (AOCI)		(770)		(2,448)
Total shareholders’ equity		52,355		50,312
Total liabilities and shareholders’ equity		$ 171,347		$ 167,771

[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 March 31, 2019, 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 December 31, 2018, the cash balance of one or more entities was negative; however, the overall Pool balances were positive.