v3.26.1
Investment gains (losses) (Tables)
6 Months Ended
Jun. 30, 2026
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

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Equity securities:

 

 

 

 

 

 

 

 

 

 

 

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

$

15,644

 

 

$

7,593

 

 

$

12,761

 

 

$

1,236

 

Investment gains (losses) during the period on securities sold

 

430

 

 

 

(370

)

 

 

1,674

 

 

 

(417

)

 

16,074

 

 

 

7,223

 

 

 

14,435

 

 

 

819

 

Fixed maturity securities:

 

 

 

 

 

 

 

 

 

 

 

Gross realized gains

 

29

 

 

 

8

 

 

 

76

 

 

 

16

 

Gross realized losses

 

(6

)

 

 

(8

)

 

 

(6

)

 

 

(55

)

Other

 

(20

)

 

 

(859

)

 

 

(33

)

 

 

(851

)

 

$

16,077

 

 

$

6,364

 

 

$

14,472

 

 

$

(71

)