Investment gains/losses (Tables)

12 Months Ended

Dec. 31, 2016

Investments, Debt and Equity Securities [Abstract]

Investment gains/losses, including other-than-temporary impairment losses

Investment gains/losses, including other-than-temporary impairment (“OTTI”) losses, for each of the three years ending December 31, 2016 are summarized below (in millions).


	2016			2015			2014
Fixed maturity securities—
Gross gains from sales and other disposals	$	58		$	104		$	360
Gross losses from sales and other disposals		(50	)		(171	)		(89	)
Equity securities—
Gross gains from sales and redemptions		7,853			9,526			4,016
Gross losses from sales and redemptions		(334	)		(103	)		(125	)
OTTI losses		(82	)		(26	)		(697	)
Other		108			43			110

	$	7,553		$	9,373		$	3,575

- Definition

Tabular disclosure of the realized and unrealized gains and losses reported in the statement of income which have resulted from the sale and holding of marketable securities, respectively, as well as the sale or disposal of cost method investments. Such amounts would include realized gains and losses on the sale or disposal of trading, available-for-sale, and held-to-maturity securities, unrealized gains and losses on trading securities, unrealized gains and losses on available-for-sale and held-to-maturity securities transferred to the trading securities category, realized gains and losses on the sale or disposal of cost method investments, and losses recognized for other than temporary impairments (OTTI) of such investments.

+ References + Details