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Results from financial transactions
 12 Months Ended
Dec. 31, 2019
Statement [LineItems]  
Results from financial transactions
10 Results from financial transactions
 
Results from financial transactions comprise:
  
            2019
              2018              2017 
Net fair value change of general account financial investments at fair value through profit or loss, other than derivatives
   279   (79)   232 
Realized gains and (losses) on financial investments
   399   (92)   431 
Gains and (losses) on investments in real estate
   317   261   193 
Net fair value change of derivatives
   1,130   (545)   (1,159) 
Net fair value change on account of policyholder financial assets at fair value through profit or loss
   33,188   (11,326)   20,524 
Net fair value change on investments in real estate for account of policyholders
   (18)   5   38 
Net foreign currency gains and (losses)
   77   44   (20) 
Net fair value change on borrowings and other financial liabilities
   15   29   10 
Realized gains and (losses) on repurchased debt
   -   1   1 
Total
  
 
35,386
 
 
 
(11,701
) 
 
 
20,250
 
 
Net fair value change of general account financial investments at fair value
through profit or loss, other than derivatives comprise:
  
2019
  2018  2017 
Shares
   99   69   25 
Debt securities and money market investments
   85   (143)   127 
Other
   95   (5)   80 
Total
  
 
279
 
 
 
(79
) 
 
 
232
 
 
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:
  
2019
  2018  2017 
Shares
   11   25   165 
Debt securities and money market investments
   372   (147)   242 
Loans
   32   16   20 
Other
   (16)   14   3 
Total
  
 
399
 
 
 
(92
) 
 
 
431
 
 
 
Realized gains and losses on financial investments comprise:
    
2019
     2018     2017 
Available-for-sale investments
     368      (108)      411 
Loans
     32      16      20 
Total
    
 
399
 
    
 
(92
) 
    
 
431
 
 
 
Net fair value change of derivatives comprise:
    
2019
     2018     2017 
Net fair value change on economic hedges where no hedge accounting is applied
     2,281      272      70 
Net fair value change on bifurcated embedded derivatives
     (1,153)      (824)      (1,231) 
Ineffective portion of hedge transactions to which hedge accounting is applied
     1      7      2 
Total
    
 
1,130
 
    
 
(545
) 
    
 
(1,159
) 
 
 
The ineffective portion of hedge transactions to which hedge accounting is applied
comprises:
    
2019
     2018     2017 
Fair value change on hedging instruments in a fair value hedge
     (1)      13      (12) 
Fair value change on hedged items in a fair value hedge
     2      (8)      15 
Ineffectiveness fair value hedge
     1      5      3 
Ineffectiveness cash flow hedges
     -      2      - 
Total
    
 
1
 
    
 
7
 
    
 
2
 
 
 
Net fair value change on for account of policyholder financial assets at fair value
through profit or loss comprise:
    
2019
     2018
 1)
     2017
 1)
 
Shares
     4,591      (2,318)      2,372 
Debt securities and money market investments
     863      (421)      166 
Unconsolidated investment funds
     26,450      (8,158)      17,720 
Derivatives
     1,284      (429)      265 
Total
    
 
    33,188
 
    
 
    (11,326
) 
    
 
    20,524
 
 
 
 
1
  Numbers in previous years recorded as “Other” are now recorded in the line “Derivatives”.
            
 
Net fair value change on for account of policyholder financial assets at fair value through profit or loss increased in 2019 compared to 2018, mainly from favorable equity markets and decreasing interest rates. Net fair value changes on for 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
    
2019
     2018     2017 
Borrowings
     8      23      10 
Other financial liabilities
     7      6      - 
Total
    
 
15
 
    
 
29
 
    
 
10
 
Aegon N.V [member]  
Statement [LineItems]  
Results from financial transactions
4 Results from financial transactions
 
    
2019
  2018 
Results from financial transactions comprise:
   
Net fair value change of derivatives
   (22)   (8) 
Net foreign currency gains and (losses)
   3   3 
Net fair value change on borrowings and other financial liabilities
   4   4 
Total
  
 
(15
) 
 
 
(1
) 
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.