v3.25.2
Investment gains (losses) (Tables)
6 Months Ended
Jun. 30, 2025
Investments, Debt and Equity Securities [Abstract]  
Summary of investment gains (losses)

Investment gains (losses) are summarized as follows (in millions).

 

Second Quarter

 

 

First Six Months

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Investment gains (losses):

 

 

 

 

 

 

 

 

 

 

 

Equity securities:

 

 

 

 

 

 

 

 

 

 

 

Increase in unrealized investment gains during the
     period on securities held at the end of the period

$

7,593

 

 

$

17,252

 

 

$

1,236

 

 

$

29,711

 

Investment gains (losses) on securities sold during the period

 

(370

)

 

 

6,633

 

 

 

(417

)

 

 

(3,948

)

 

7,223

 

 

 

23,885

 

 

 

819

 

 

 

25,763

 

Fixed maturity securities:

 

 

 

 

 

 

 

 

 

 

 

Gross realized gains

 

8

 

 

 

1

 

 

 

16

 

 

 

14

 

Gross realized losses

 

(8

)

 

 

(28

)

 

 

(55

)

 

 

(40

)

Other

 

(859

)

 

 

(1

)

 

 

(851

)

 

 

(4

)

 

$

6,364

 

 

$

23,857

 

 

$

(71

)

 

$

25,733