Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions		Mar. 31, 2026		Dec. 31, 2025
Assets
Short-term investments, at fair value (amortized cost – $5,067 and $4,840) (includes variable interest entities (VIE) balances of $109 and $105)		$ 5,067		$ 4,840
Fixed maturities available-for-sale, at fair value, net of valuation allowance – $50 and $52 (amortized cost – $127,301 and $124,726)		123,433		122,680
Private debt held-for-investment, at amortized cost, net of valuation allowance – $2 and $3		2,477		2,411
Equity securities, at fair value (includes VIE balances of $2,379 and $2,275)		10,916		10,801
Private equities (includes VIE balances of $23 and $22)		17,132		17,239
Other investments (includes VIE balances of $5,828 and $5,818)		11,170		10,749
Total investments		170,195		168,720
Cash, including restricted cash $203 and $198 (includes VIE balances of $258 and $168)		2,634		2,470
Securities lending collateral		2,277		2,500
Accrued investment income		1,351		1,305
Insurance and reinsurance balances receivable, net of valuation allowance – $63 and $62		17,101		15,944
Reinsurance recoverable on losses and loss expenses, net of valuation allowance – $320 and $320	[1]	20,159		20,338
Reinsurance recoverable on policy benefits	[1]	295		286
Deferred policy acquisition costs		10,452		10,008
Value of business acquired		2,926		2,975
Goodwill		20,370	[2]	20,207
Other intangible assets		6,217		6,241
Deferred tax assets		1,315		1,312
Prepaid reinsurance premiums		4,105		3,874
Separate account assets		6,718		6,925
Other assets (includes VIE balances of $82 and $58)		9,341		9,222
Total assets		275,456		272,327
Liabilities
Unpaid losses and loss expenses		88,915		88,018
Unearned premiums		27,180		26,279
Future policy benefits		19,273		18,420
Market risk benefits		642		659
Policyholders' account balances		8,782		8,576
Separate account liabilities		6,718		6,925
Insurance and reinsurance balances payable		8,486		8,349
Repurchase agreements (includes VIE balances of $983 and $956)		3,736		3,324
Securities lending payable		2,277		2,500
Accounts payable, accrued expenses, and other liabilities (includes VIE balances of $64 and $159)		9,881		10,108
Deferred tax liabilities		1,759		1,741
Short-term debt		1,500		1,499
Long-term debt		15,970		15,728
Hybrid debt		425		422
Total liabilities		195,544		192,548
Commitments and contingencies (refer to Note 13)
Shareholders’ equity
Common Shares (CHF 0.50 par value; 400,120,847 and 412,107,421 shares issued; 388,495,580 and 391,101,227 shares outstanding)		224		231
Common Shares in treasury (11,625,267 and 21,006,194 shares)		(2,302)		(4,699)
Additional paid-in capital		12,956		13,250
Retained earnings		68,821		69,950
Accumulated other comprehensive income (loss) (AOCI)		(5,911)		(4,975)
Total Chubb shareholders’ equity		73,788		73,757
Noncontrolling interests (includes VIE balances of $5,316 and $5,133)		6,124		6,022
Total shareholders' equity		79,912		79,779
Total liabilities and shareholders’ equity		$ 275,456		$ 272,327

[1] Net of valuation allowance for uncollectible reinsurance.

[2] Includes $420 million attributable to noncontrolling interests.