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Segregated Funds - Changes in Insurance Contracts and Investment Contracts for Account of Segregated Fund Holders (Details) - CAD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Insurance Contracts And Investment Contracts For Account Of Segregated Fund Holders [Roll Forward]    
Balance as at January 1 $ 103,062  
Deductions from segregated funds:    
Net additions (deductions) 11,432 $ 281
Balance as at December 31 116,973 103,062
Insurance contracts    
Insurance Contracts And Investment Contracts For Account Of Segregated Fund Holders [Roll Forward]    
Balance as at January 1 96,663 99,121
Additions to segregated funds:    
Deposits 11,874 11,468
Net transfer (to) from general funds (437) (308)
Net realized and unrealized gains (losses) 10,700 (7,123)
Other investment income 4,522 4,576
Total additions 26,659 8,613
Deductions from segregated funds:    
Payments to policyholders and their beneficiaries 11,420 10,224
Management fees 1,053 1,004
Taxes and other expenses 371 256
Foreign exchange rate movements 209 (413)
Total deductions 13,053 11,071
Net additions (deductions) 13,606 (2,458)
Balance as at December 31 110,269 96,663
Investment contracts    
Insurance Contracts And Investment Contracts For Account Of Segregated Fund Holders [Roll Forward]    
Balance as at January 1 6,399 7,271
Additions to segregated funds:    
Deposits 84 85
Net transfer (to) from general funds 0 0
Net realized and unrealized gains (losses) 844 (658)
Other investment income 143 178
Total additions 1,071 (395)
Deductions from segregated funds:    
Payments to policyholders and their beneficiaries 604 614
Management fees 56 57
Taxes and other expenses 14 0
Foreign exchange rate movements 92 (194)
Total deductions 766 477
Net additions (deductions) 305 (872)
Balance as at December 31 $ 6,704 $ 6,399