Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Assets
Fixed maturities available for sale, at fair value, net of valuation allowance - $12 and $20 (amortized cost – $89,335 and $85,188)	$ 92,685	$ 90,699
Fixed maturities held to maturity, net carrying value	10,515	11,653
Equity securities, at fair value	4,557	4,027
Short-term investments	3,529	4,345
Other investments, at fair value	10,843	7,945
Total investments	122,129	118,669
Cash	1,620	1,747
Restricted cash	176	89
Securities lending collateral	2,368	1,844
Accrued investment income	825	867
Insurance and reinsurance balances receivable, net of valuation allowance - $42 and $44	11,723	10,480
Reinsurance recoverable on losses and loss expenses, net of valuation allowance - $325 and $314	16,648	15,592
Reinsurance recoverable on policy benefits	206	206
Deferred policy acquisition costs	5,532	5,402
Value of business acquired	245	263
Goodwill	15,387	15,400
Other intangible assets	5,578	5,811
Prepaid reinsurance premiums	3,092	2,769
Investments in partially-owned insurance companies	3,006	2,813
Other assets	10,519	8,822
Total assets	199,054	190,774
Liabilities
Unpaid losses and loss expenses	72,631	67,811
Unearned premiums	19,519	17,652
Future policy benefits	5,890	5,713
Insurance and reinsurance balances payable	7,104	6,708
Securities lending payable	2,368	1,844
Accounts payable, accrued expenses, and other liabilities	15,470	14,052
Deferred tax liabilities	217	892
Repurchase agreements	1,406	1,405
Long-term debt	14,823	14,948
Trust preferred securities	308	308
Total liabilities	139,736	131,333
Commitments and contingencies (refer to Note 7)
Shareholders’ equity
Common Shares (CHF 24.15 par value; 474,021,114 and 477,605,264 shares issued; 430,876,252 and 450,732,625 shares outstanding)	10,985	11,064
Common Shares in treasury (43,144,862 and 26,872,639 shares)	(6,621)	(3,644)
Additional Paid in Capital, Common Stock	8,752	9,815
Retained earnings	45,224	39,337
Accumulated other comprehensive income (AOCI)	978	2,869
Total shareholders’ equity	59,318	59,441
Total liabilities and shareholders’ equity	$ 199,054	$ 190,774