XML 126 R60.htm IDEA: XBRL DOCUMENT v3.21.2
INVESTMENTS (Details - Components of Net investment income) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Net Investment Income [Line Items]        
Total investment income $ 3,790 $ 3,505 $ 7,567 $ 6,161
Investment expenses 115 139 235 287
Net investment income 3,675 3,366 7,332 5,874
Fortitude        
Net Investment Income [Line Items]        
Total investment income 517 116 1,011 116
Investment expenses 10 0 18 0
Net investment income 507 116 993 116
Excluding Fortitude Re funds withheld assets        
Net Investment Income [Line Items]        
Total investment income 3,273 3,389 6,556 6,045
Investment expenses 105 139 217 287
Net investment income 3,168 3,250 6,339 5,758
Fixed maturity securities, including short-term investments        
Net Investment Income [Line Items]        
Total investment income 2,491 2,588 5,046 5,197
Fixed maturity securities, including short-term investments | Fortitude        
Net Investment Income [Line Items]        
Total investment income 361 86 738 86
Fixed maturity securities, including short-term investments | Excluding Fortitude Re funds withheld assets        
Net Investment Income [Line Items]        
Total investment income 2,130 2,502 4,308 5,111
Other fixed maturity securities        
Net Investment Income [Line Items]        
Total investment income 99 374 (3) 314
Derivative Fair Value Hedge Included In Effectiveness Gain (Loss) 35 29 (46) 198
Other fixed maturity securities | Fortitude        
Net Investment Income [Line Items]        
Total investment income 6 3 6 3
Other fixed maturity securities | Excluding Fortitude Re funds withheld assets        
Net Investment Income [Line Items]        
Total investment income 93 371 (9) 311
Equity securities        
Net Investment Income [Line Items]        
Total investment income (13) 56 9 (135)
Equity securities | Fortitude        
Net Investment Income [Line Items]        
Total investment income 0 0 0 0
Equity securities | Excluding Fortitude Re funds withheld assets        
Net Investment Income [Line Items]        
Total investment income (13) 56 9 (135)
Interest on mortgage and other loans        
Net Investment Income [Line Items]        
Total investment income 503 498 964 1,011
Interest on mortgage and other loans | Fortitude        
Net Investment Income [Line Items]        
Total investment income 57 13 104 13
Interest on mortgage and other loans | Excluding Fortitude Re funds withheld assets        
Net Investment Income [Line Items]        
Total investment income 446 485 860 998
Alternative investments        
Net Investment Income [Line Items]        
Total investment income 671 (73) 1,312 (132)
Alternative investments | Fortitude        
Net Investment Income [Line Items]        
Total investment income 92 14 161 14
Alternative investments | Excluding Fortitude Re funds withheld assets        
Net Investment Income [Line Items]        
Total investment income 579 (87) 1,151 (146)
Real estate        
Net Investment Income [Line Items]        
Total investment income 57 61 116 120
Real estate | Fortitude        
Net Investment Income [Line Items]        
Total investment income 0 0 0 0
Real estate | Excluding Fortitude Re funds withheld assets        
Net Investment Income [Line Items]        
Total investment income 57 61 116 120
Other investments        
Net Investment Income [Line Items]        
Total investment income (18) 1 123 (214)
Derivative Fair Value Hedge Included In Effectiveness Gain (Loss) (40) (13) 43 (215)
Other investments | Fortitude        
Net Investment Income [Line Items]        
Total investment income 1 0 2 0
Other investments | Excluding Fortitude Re funds withheld assets        
Net Investment Income [Line Items]        
Total investment income $ (19) $ 1 $ 121 $ (214)