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Results from financial transactions
 12 Months Ended
Dec. 31, 2022
Statement [LineItems]  
Results from financial transactions
10 Results from financial transactions
 
Results from financial transactions comprise:
   
            2022
                 2021
1)
                 2020
 1)
  
Net fair value change of general account financial investments at fair value through profit or loss, other than derivatives
      227       807       223  
Realized gains and (losses) on financial investments
      (537 )      392       119  
Gains and (losses) on investments in real estate
      1       -       (60 ) 
Net fair value change of derivatives
      1,148       761       (2,270 ) 
Net fair value change on account of policyholder financial assets at fair value through profit or loss
      (35,951 )      22,539       19,935  
Net fair value change on investments in real estate for account of policyholders
      (61 )      46       (36 ) 
Net foreign currency gains and (losses)
      36       182       34  
       
Net fair value change on borrowings and other financial liabilities
      5       (13 )      18  
Total
   
 
(35,132
) 
  
 
24,715
 
  
 
17,961
 
 
1
 
Amounts for 2021 and 2020 have been re-presented to reflect the
classification
of Aegon the Netherlands as held for sale and discontinued operations, refer to note 51 Discontinued operations.
 
Net fair value change of general account financial investments at fair value
through profit or loss, other than derivatives comprise:
   
            2022
                 2021
1)
                 2020
 1)
  
Shares
      (48 )      27       (4 ) 
       
Debt securities and money market investments
      (91 )      (26 )      22  
       
Other
      366       807       205  
Total
   
 
227
 
  
 
807
 
  
 
223
 
 
1
Amounts for 2021 and 2020 have been re-presented to reflect the classification of Aegon the Netherlands as held for sale and discontinued operations, refer to note 51 Discontinued operations.
Other mainly includes net fair value changes of limited partnerships such as hedge and private equity funds.
Realized gains and losses on financial investments comprise:
   
            2022
                 2021
1)
                 2020
 1)
  
Shares
      67       16       (2 ) 
       
Debt securities and money market investments
      (632 )      281       144  
       
Loans
      36       125       20  
       
Other
      (8 )      (30 )      (43 ) 
Total
   
 
(537
) 
  
 
392
 
  
 
119
 
 
1
 
Amounts for 2021 and 2020 have been re-presented to reflect the classification of Aegon the Netherlands as held for sale and discontinued operations, refer to note 51 Discontinued operations.
 
Realized gains and losses on financial investments comprise:
   
            2022
                 2021
1)
                  2020
 1)
  
Available-for-sale investments
      (573 )      268        99  
       
Loans
      36       125        20  
Total
   
 
(537
) 
  
 
392
 
   
 
119
 
 
1
Amounts for 2021 and 2020 have been re-presented to reflect the classification of Aegon the Netherlands as held for sale and discontinued operations, refer to note 51 Discontinued operations.
 
Net fair value change of derivatives comprise:
   
            2022
                 2021
1)
                 2020
 1)
  
Net fair value change on economic hedges where no hedge accounting is applied
      (143 )      (265 )      (533 ) 
Net fair value change on bifurcated embedded derivatives
      1,290       1,023       (1,739 ) 
Ineffective portion of hedge transactions to which hedge accounting is applied
      1       4       2  
Total
   
 
1,148
 
  
 
761
 
  
 
(2,270
) 
 
1
Amounts for 2021 and 2020 have been re-presented to reflect the classification of Aegon the Netherlands as held for sale and discontinued operations, refer to note 51 Discontinued operations.
 
The ineffective portion of hedge transactions to which hedge accounting is
applied comprises:
   
            2022
                 2021
1)
                 2020
 1)
  
Fair value change on hedging instruments in a fair value hedge
      (4 )      (3 )      11  
       
Fair value change on hedged items in a fair value hedge
      7       6       (9 ) 
       
Ineffectiveness fair value hedge
      4       3       2  
       
Ineffectiveness cash flow hedges
      (3 )      1       -  
Total
   
 
1
 
  
 
4
 
  
 
2
 
 
1
Amounts for 2021 and 2020 have been re-presented to reflect the classification of Aegon the Netherlands as held for sale and discontinued operations, refer to note 51 Discontinued operations.
 
Net fair value change on for account of policyholder financial assets at fair value
through profit or loss comprise:
   
            2022
                 2021
1)
                2020
 1)
  
Shares
      (2,799 )    2,661      1,290  
       
Debt securities and money market investments
      (2,114 )    (557)      485  
       
Unconsolidated investment funds
      (30,326 )    20,833      17,670  
       
Derivatives
      (712 )    (398)      489  
Total
   
 
(35,951
) 
  
22,539
   
 
19,935
 
 
1
Amounts for 2021 and 2020 have been re-presented to reflect the classification of Aegon the Netherlands as held for sale and discontinued operations, refer to note 51 Discontinued operations.
Net fair value change on account of policyholder financial assets at fair value through profit or loss are a charge in 2022, mainly due to declining equity markets, rising interest rates and credit spread widening compared to December 31, 2021. Net fair value changes on account of policyholder financial assets at fair value through profit or loss are offset by changes in technical provisions reported as part of the lines Change in valuation of liabilities for insurance contracts and Change in valuation of liabilities for investment contracts in note 12 Policyholder claims and benefits.
 
Net fair value change on borrowings and other financial
liabilities
   
            2022
                  2021
1)
                 2020
1)
  
Borrowings
      -        -       16  
       
Other financial liabilities
      5        (13 )      2  
Total
   
 
5
 
   
 
(13
) 
  
 
18
 
 
1
Amounts for 2021 and 2020 have been re-presented to reflect the
classification
of Aegon the Netherlands as held for sale and discontinued operations, refer to note 51 Discontinued operations.
Aegon N.V [member]  
Statement [LineItems]  
Results from financial transactions
4 Results from financial transactions
 
     
                2022
                     2021  
     
Net fair value change of derivatives
      (30 )       5  
     
Net foreign currency gains and (losses)
      -       (1 )  
     
Total
   
 
(30
) 
  
 
3
 
Net fair value change of derivatives mostly comprises of fair value changes on derivatives that are designated as economic hedges for which no hedge accounting is applied.