Segregated Funds (Tables)

12 Months Ended

Dec. 31, 2018

Separate Accounts Disclosure 1 [Abstract]

Segregated Fund Types by Percentage of Investments

The segregated fund types offered, by percentage of total investments for account of segregated fund holders, were within the following ranges as at December 31, 2018 and 2017:



Type of fund	%
Money market	1 to 5
Fixed income	10 to 15
Balanced	40 to 45
Equity	40 to 45

Carrying Value of Investments Held for Segregated Fund Holders

The carrying value of investments held for segregated fund holders are as follows:



As at December 31,	2018			2017
Segregated and mutual fund units		$	89,049		$	91,637
Equity securities		9,771			10,799
Debt securities		3,448			3,517
Cash, cash equivalents and short-term securities		711			457
Investment properties		400			374
Mortgages		23			20
Other assets		156			147
Total assets		$	103,558		$	106,951
Less: Liabilities arising from investing activities		$	496		$	559
Total investments for account of segregated fund holders		$	103,062		$	106,392

Changes in Insurance Contracts and Investment Contracts for Account of Segregated Fund Holders

Changes in insurance contracts and investment contracts for account of segregated fund holders are as follows:



	Insurance contracts								Investment contracts
For the years ended December 31,	2018				2017				2018				2017
Balance as at January 1		$	99,121			$	90,388			$	7,271			$	6,779
Additions to segregated funds:
Deposits		11,468				10,772				85				86
Net transfer (to) from general funds		(308		)		(119		)		—				—
Net realized and unrealized gains (losses)		(7,123		)		4,141				(658		)		883
Other investment income		4,576				4,853				178				152
Total additions		$	8,613			$	19,647			$	(395	)		$	1,121
Deductions from segregated funds:
Payments to policyholders and their beneficiaries		10,224				9,439				614				643
Management fees		1,004				963				57				57
Taxes and other expenses		256				267				—				12
Foreign exchange rate movements		(413		)		245				(194		)		(83		)
Total deductions		$	11,071			$	10,914			$	477			$	629
Net additions (deductions)		$	(2,458	)		$	8,733			$	(872	)		$	492
Acquisitions		$	—			$	—			$	—			$	—
Balance as at December 31		$	96,663			$	99,121			$	6,399			$	7,271