Segregated Funds (Tables)

12 Months Ended

Dec. 31, 2020

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, 2020 and 2019:


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,	2020			2019
Segregated and mutual fund units		$	111,789		$	102,071
Equity securities		9,733			10,565
Debt securities		3,874			3,825
Cash, cash equivalents and short-term securities		693			589
Investment properties		387			403
Mortgages		19			21
Other assets		140			146
Total assets		$	126,635		$	117,620
Less: Liabilities arising from investing activities		714			647
Total investments for account of segregated fund holders		$	125,921		$	116,973

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:



For the years ended December 31,	2020	2019
Balance as at January 1			$	116,973	$	103,062
Additions to segregated funds:
Deposits			12,880		11,958
Net transfer (to) from general funds			(1,825)		(437)
Net realized and unrealized gains (losses)			5,643		11,544
Other investment income			4,275		4,665
Total additions			$	20,973	$	27,730
Deductions from segregated funds:
Payments to policyholders and their beneficiaries			10,618		12,024
Management fees			1,126		1,109
Taxes and other expenses			396		385
Foreign exchange rate movements			(115)		301
Total deductions			$	12,025	$	13,819
Net additions (deductions)			$	8,948	$	13,911

Balance as at December 31			$	125,921	$	116,973