Consolidated Balance Sheets $ in Millions	Jun. 30, 2020 USD ($) shares		Dec. 31, 2019 USD ($) shares
Assets
Fixed maturities available for sale, at fair value, net of valuation allowance - $69 at June 30, 2020 (amortized cost – $82,740 and $82,580)	$ 86,712		$ 85,488
Fixed maturities held to maturity, net carrying value	11,845
Fixed maturities held to maturity, at amortized cost, net of valuation allowance - $51 at June 30, 2020 (fair value – $12,620 and $13,005)	11,896		12,581
Equity securities, at fair value	2,394		812
Short-term investments, at fair value (amortized cost - $4,004 and $4,291)	4,003		4,291
Other investments, at fair value	5,923		6,062
Total investments	110,877		109,234
Cash	1,557	[1]	1,537	[2]
Restricted cash	152		109
Securities lending collateral	1,832		994
Accrued investment income	845		867
Insurance and reinsurance balances receivable	10,853		10,357
Reinsurance recoverable on losses and loss expenses, net of valuation allowance - $303 and $316	15,207		15,181
Reinsurance recoverable on policy benefits	197		197
Deferred policy acquisition costs	5,243		5,242
Value of business acquired	290		306
Goodwill	15,184		15,296
Other intangible assets	5,909		6,063
Prepaid reinsurance premiums	2,725		2,647
Investments in partially-owned insurance companies	1,364		1,332
Other assets	9,239		7,581
Total assets	181,474		176,943
Liabilities
Unpaid losses and loss expenses	65,699		62,690
Unearned premiums	17,081		16,771
Future policy benefits	5,895		5,814
Insurance and reinsurance balances payable	6,249		6,184
Securities lending payable	1,832		994
Accounts payable, accrued expenses, and other liabilities	12,589		11,773
Deferred tax liabilities	696		804
Repurchase agreements	1,409		1,416
Short-term debt	1,300		1,299
Long-term debt	13,656		13,559
Trust preferred securities	308		308
Total liabilities	126,714		121,612
Commitments and contingencies (refer to Note 7)
Shareholders’ equity
Common Shares (CHF 24.15 par value; 479,783,864 shares issued; 451,360,023 and 451,971,567 shares outstanding)	11,121		11,121
Common Shares in treasury (28,423,841 and 27,812,297 shares)	(3,866)		(3,754)
Additional Paid in Capital, Common Stock	10,416		11,203
Retained earnings	35,991		36,142
Accumulated other comprehensive income (AOCI)	1,098		619
Total shareholders’ equity	54,760		55,331
Total liabilities and shareholders’ equity	181,474		176,943
Available for sale, at amortized cost	82,740		82,580
Debt Securities, Available-for-sale, Allowance for Credit Loss	69		0
Held-to-maturity, Fair Value	12,620		13,005
Debt Securities, Held-to-maturity, Allowance for Credit Loss	51		0
short-term investments, allowance for credit loss	2
short-term investments amortized cost	4,004		4,291
Reinsurance Recoverable, Allowance for Credit Loss	$ 303		$ 316
Common Shares, shares outstanding | shares	451,360,023		451,971,567
Common Shares, shares issued | shares	479,783,864		479,783,864
Common Shares in treasury, shares | shares	28,423,841		27,812,297

[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 June 30, 2020, 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 the 2019 Form 10-K for additional information.