Investment gains/losses (Tables)

3 Months Ended

Mar. 31, 2018

Investments, Debt and Equity Securities [Abstract]

A summary of investment gains and losses in the first quarter of 2018 and 2017 follows (in millions).


	2018		2017
Equity securities:
Investment gains and losses during 2018 on securities sold in 2018		$ (240)	$	—
Unrealized investment gains and losses on securities held at the end of the period		(7,807)		—
Gross realized gains		—		425
Gross realized losses		—		(125	)

		(8,047)		300

Fixed maturity securities:
Gross realized gains		359		11
Gross realized losses		(138)		(6	)
Other		17		10

		$(7,809)	$	315

- 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.

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