Investment gains/losses (Tables)

12 Months Ended

Dec. 31, 2013

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, 2013 are summarized below (in millions).


	2013			2012			2011
Fixed maturity securities —
Gross gains from sales and other disposals	$	1,783		$	188		$	310
Gross losses from sales and other disposals		(139	)		(354	)		(10	)
Equity securities —
Gross gains from sales and redemptions		1,253			1,468			1,889
Gross losses from sales and redemptions		(62	)		(12	)		(36	)
OTTI losses		(228	)		(337	)		(908	)
Other		1,458			509			29

	$	4,065		$	1,462		$	1,274

- 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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