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Investment gains (losses) (Tables)
3 Months Ended
Mar. 31, 2024
Investments, Debt and Equity Securities [Abstract]  
Summary of investment gains (losses)

Investment gains (losses) in the first quarter of 2024 and 2023 are summarized as follows (in millions).

 

 

 

 

First Quarter

 

 

 

 

 

 

 

2024

 

 

2023

 

Investment gains (losses):

 

 

 

 

 

 

 

 

 

 

Equity securities:

 

 

 

 

 

 

 

 

 

 

Change in unrealized investment gains (losses) during the
     period on securities held at the end of the period

 

 

 

 

 

$

3,982

 

 

$

31,317

 

Investment gains (losses) on securities sold during the period

 

 

 

 

 

 

(2,104

)

 

 

370

 

 

 

 

 

 

 

1,878

 

 

 

31,687

 

Fixed maturity securities:

 

 

 

 

 

 

 

 

 

 

Gross realized gains

 

 

 

 

 

 

13

 

 

 

124

 

Gross realized losses

 

 

 

 

 

 

(12

)

 

 

(52

)

Other

 

 

 

 

 

 

(3

)

 

 

2,999

 

 

 

 

 

 

 

$

1,876

 

 

$

34,758