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Segmented Information - Operating Results by Segment (Details) - CAD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Disclosure of operating segments [line items]    
Total Insurance revenue $ 21,356 $ 18,902
Net investment income (loss) 11,586 (20,580)
Fee income 7,832 7,447
Total revenue 40,774 5,769
Other expenses (income)    
Insurance service expenses 18,450 16,456
Reinsurance contract held net income (expenses) 69 153
Insurance finance income (expenses) from insurance contracts issued 9,675 (22,595)
Reinsurance finance (income) expenses (59) 440
Decrease (increase) in investment contract liabilities 331 152
Other income (169) 0
Interest expenses 552 445
Operating expenses and commissions 7,995 7,092
Total other expenses (income) 36,844 2,143
Income (loss) before income taxes 3,930 3,626
Income tax expense (benefit) 461 546
Total net income (loss) 3,469 3,080
Less: Net income (loss) allocated to the participating account (Note 20) 178 83
Net income (loss) attributable to non-controlling interests 126 56
Shareholders' net income (loss) 3,165 2,941
Consolidation adjustments    
Disclosure of operating segments [line items]    
Total Insurance revenue 0 0
Net investment income (loss) (95) (94)
Fee income (503) (435)
Total revenue (598) (529)
Other expenses (income)    
Insurance service expenses 0 0
Reinsurance contract held net income (expenses) 0 0
Insurance finance income (expenses) from insurance contracts issued 0 0
Reinsurance finance (income) expenses 0 0
Decrease (increase) in investment contract liabilities 0 0
Other income 0  
Interest expenses (96) (85)
Operating expenses and commissions (502) (444)
Total other expenses (income) (598) (529)
Income (loss) before income taxes 0 0
Income tax expense (benefit) 0 0
Total net income (loss) 0 0
Less: Net income (loss) allocated to the participating account (Note 20) 0 0
Net income (loss) attributable to non-controlling interests 0 0
Shareholders' net income (loss) 0 0
Annuities    
Disclosure of operating segments [line items]    
Total Insurance revenue 2,258 2,244
Annuities | Consolidation adjustments    
Disclosure of operating segments [line items]    
Total Insurance revenue 0 0
Life insurance    
Disclosure of operating segments [line items]    
Total Insurance revenue 5,356 5,220
Life insurance | Consolidation adjustments    
Disclosure of operating segments [line items]    
Total Insurance revenue 0 0
Health insurance    
Disclosure of operating segments [line items]    
Total Insurance revenue 13,742 11,438
Health insurance | Consolidation adjustments    
Disclosure of operating segments [line items]    
Total Insurance revenue 0 0
Canada | Reportable segments    
Disclosure of operating segments [line items]    
Total Insurance revenue 8,165 8,111
Net investment income (loss) 7,514 (10,698)
Fee income 1,483 1,395
Total revenue 17,162 (1,192)
Other expenses (income)    
Insurance service expenses 6,855 6,920
Reinsurance contract held net income (expenses) 164 262
Insurance finance income (expenses) from insurance contracts issued 6,415 (11,752)
Reinsurance finance (income) expenses 2 (97)
Decrease (increase) in investment contract liabilities 326 160
Other income (102)  
Interest expenses 160 201
Operating expenses and commissions 1,751 1,512
Total other expenses (income) 15,571 (2,794)
Income (loss) before income taxes 1,591 1,602
Income tax expense (benefit) 275 335
Total net income (loss) 1,316 1,267
Less: Net income (loss) allocated to the participating account (Note 20) 64 26
Net income (loss) attributable to non-controlling interests 0 0
Shareholders' net income (loss) 1,252 1,241
Canada | Annuities | Reportable segments    
Disclosure of operating segments [line items]    
Total Insurance revenue 1,916 1,833
Canada | Life insurance | Reportable segments    
Disclosure of operating segments [line items]    
Total Insurance revenue 2,165 2,125
Canada | Health insurance | Reportable segments    
Disclosure of operating segments [line items]    
Total Insurance revenue 4,084 4,153
U.S. | Reportable segments    
Disclosure of operating segments [line items]    
Total Insurance revenue 11,721 9,004
Net investment income (loss) 1,321 (3,840)
Fee income 458 307
Total revenue 13,500 5,471
Other expenses (income)    
Insurance service expenses 10,522 8,200
Reinsurance contract held net income (expenses) (100) (91)
Insurance finance income (expenses) from insurance contracts issued 1,250 (4,744)
Reinsurance finance (income) expenses (57) 538
Decrease (increase) in investment contract liabilities 0 0
Other income 0  
Interest expenses 107 73
Operating expenses and commissions 1,031 795
Total other expenses (income) 12,753 4,771
Income (loss) before income taxes 747 700
Income tax expense (benefit) 148 141
Total net income (loss) 599 559
Less: Net income (loss) allocated to the participating account (Note 20) 23 27
Net income (loss) attributable to non-controlling interests 0 0
Shareholders' net income (loss) 576 532
U.S. | Annuities | Reportable segments    
Disclosure of operating segments [line items]    
Total Insurance revenue 222 0
U.S. | Life insurance | Reportable segments    
Disclosure of operating segments [line items]    
Total Insurance revenue 1,999 1,811
U.S. | Health insurance | Reportable segments    
Disclosure of operating segments [line items]    
Total Insurance revenue 9,500 7,193
Asset Management | Reportable segments    
Disclosure of operating segments [line items]    
Total Insurance revenue 0 0
Net investment income (loss) 187 37
Fee income 5,953 5,736
Total revenue 6,140 5,773
Other expenses (income)    
Insurance service expenses 0 0
Reinsurance contract held net income (expenses) 0 0
Insurance finance income (expenses) from insurance contracts issued 0 0
Reinsurance finance (income) expenses 0 0
Decrease (increase) in investment contract liabilities 0 0
Other income 0  
Interest expenses 158 96
Operating expenses and commissions 4,480 4,126
Total other expenses (income) 4,638 4,222
Income (loss) before income taxes 1,502 1,551
Income tax expense (benefit) 309 347
Total net income (loss) 1,193 1,204
Less: Net income (loss) allocated to the participating account (Note 20) 0 0
Net income (loss) attributable to non-controlling interests 126 56
Shareholders' net income (loss) 1,067 1,148
Asset Management | Annuities | Reportable segments    
Disclosure of operating segments [line items]    
Total Insurance revenue 0 0
Asset Management | Life insurance | Reportable segments    
Disclosure of operating segments [line items]    
Total Insurance revenue 0 0
Asset Management | Health insurance | Reportable segments    
Disclosure of operating segments [line items]    
Total Insurance revenue 0 0
Asia | Reportable segments    
Disclosure of operating segments [line items]    
Total Insurance revenue 1,385 1,323
Net investment income (loss) 2,347 (4,739)
Fee income 300 340
Total revenue 4,032 (3,076)
Other expenses (income)    
Insurance service expenses 972 993
Reinsurance contract held net income (expenses) 7 (25)
Insurance finance income (expenses) from insurance contracts issued 1,897 (4,813)
Reinsurance finance (income) expenses (4) (3)
Decrease (increase) in investment contract liabilities 5 (8)
Other income 0  
Interest expenses 74 65
Operating expenses and commissions 489 451
Total other expenses (income) 3,440 (3,340)
Income (loss) before income taxes 592 264
Income tax expense (benefit) (10) 24
Total net income (loss) 602 240
Less: Net income (loss) allocated to the participating account (Note 20) 91 30
Net income (loss) attributable to non-controlling interests 0 0
Shareholders' net income (loss) 511 210
Asia | Annuities | Reportable segments    
Disclosure of operating segments [line items]    
Total Insurance revenue 22 29
Asia | Life insurance | Reportable segments    
Disclosure of operating segments [line items]    
Total Insurance revenue 1,210 1,212
Asia | Health insurance | Reportable segments    
Disclosure of operating segments [line items]    
Total Insurance revenue 153 82
Corporate | Reportable segments    
Disclosure of operating segments [line items]    
Total Insurance revenue 85 464
Net investment income (loss) 312 (1,246)
Fee income 141 104
Total revenue 538 (678)
Other expenses (income)    
Insurance service expenses 101 343
Reinsurance contract held net income (expenses) (2) 7
Insurance finance income (expenses) from insurance contracts issued 113 (1,286)
Reinsurance finance (income) expenses 0 2
Decrease (increase) in investment contract liabilities 0 0
Other income (67)  
Interest expenses 149 95
Operating expenses and commissions 746 652
Total other expenses (income) 1,040 (187)
Income (loss) before income taxes (502) (491)
Income tax expense (benefit) (261) (301)
Total net income (loss) (241) (190)
Less: Net income (loss) allocated to the participating account (Note 20) 0 0
Net income (loss) attributable to non-controlling interests 0 0
Shareholders' net income (loss) (241) (190)
Corporate | Annuities | Reportable segments    
Disclosure of operating segments [line items]    
Total Insurance revenue 98 382
Corporate | Life insurance | Reportable segments    
Disclosure of operating segments [line items]    
Total Insurance revenue (18) 72
Corporate | Health insurance | Reportable segments    
Disclosure of operating segments [line items]    
Total Insurance revenue $ 5 $ 10