Consolidated Balance Sheets - USD ($) $ in Millions		Dec. 31, 2024		Dec. 31, 2023
Assets
Short-term investments, at fair value (amortized cost – $5,143 and $4,551) (includes variable interest entities (VIE) balances of $57 and $217)		$ 5,142		$ 4,551
Fixed maturities available-for-sale, at fair value, net of valuation allowance – $70 and $156 (amortized cost – $115,083 and $111,128)		110,363		106,571
Private debt held-for-investment, at amortized cost, net of valuation allowance – $4 and $4		2,628		2,553
Equity securities, at fair value (includes VIE balances of $1,289 and $1,078)		9,151		3,455
Private equities (includes VIE balances of $22 and $21)		14,769		14,078
Other investments (includes VIE balances of $4,538 and $3,773)		8,597		5,527
Total investments		150,650		136,735
Cash, including restricted cash $261 and $172 (includes VIE balances of $114 and $117)		2,549		2,621
Securities lending collateral		1,445		1,299
Accrued investment income		1,160		1,086
Insurance and reinsurance balances receivable, net of valuation allowance – $59 and $53		14,426		13,379
Reinsurance recoverable on losses and loss expenses, net of valuation allowance – $310 and $367	[1]	19,777		19,952
Reinsurance recoverable on policy benefits		289		280
Deferred policy acquisition costs		8,358		7,152
Value of business acquired		3,223		3,674
Goodwill		19,579	[2]	19,686
Other intangible assets		6,377		6,775
Deferred tax assets		1,603		1,741
Prepaid reinsurance premiums		3,378		3,221
Separate account assets		6,231		5,573
Other assets (includes VIE balances of $26 and $33)		7,503		7,508
Total assets		246,548		230,682
Liabilities
Unpaid losses and loss expenses		84,004		80,122
Unearned premiums		23,504		22,051
Future policy benefits		16,121		13,888
Market risk benefits		607		771
Policyholders' account balances		8,016		7,462
Separate account liabilities		6,231		5,573
Insurance and reinsurance balances payable		8,121		8,302
Securities lending payable		1,445		1,299
Accounts payable, accrued expenses, and other liabilities (includes VIE balances of $183 and $18)		10,192		8,332
Deferred tax liabilities		1,584		1,555
Repurchase agreements (includes VIE balances of $815 and $1,009)		2,731		2,833
Short-term debt		800		1,460
Long-term debt		14,379		13,035
Hybrid debt		419		308
Total liabilities		178,154		166,991
Commitments and contingencies (refer to Note 14)
Shareholders' equity
Common Shares (CHF 0.50 par value; 419,625,986 and 431,451,586 shares issued; 400,703,663 and 405,269,637 shares outstanding)		235		241
Common Shares in treasury (18,922,323 and 26,181,949 shares)		(3,524)		(4,400)
Additional paid-in capital		14,393		15,665
Retained earnings		61,561		54,810
Accumulated other comprehensive income (loss) (AOCI)		(8,644)		(6,809)
Total Chubb shareholders' equity		64,021		59,507
Noncontrolling interests (includes VIE balances of $3,459 and $2,705)		4,373		4,184
Total shareholders’ equity		68,394		63,691
Total liabilities and shareholders’ equity		$ 246,548		$ 230,682

[1] Net of valuation allowance for uncollectible reinsurance.

[2] Includes $499 million attributable to noncontrolling interests