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Segmented Information - Operating Results by Segment (Details) - CAD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Disclosure of operating segments [line items]    
Total Insurance revenue $ 22,637 $ 21,356
Net investment income (loss) 7,415 11,586
Fee income 8,581 7,832
Segment revenue 38,633 40,774
Other expenses (income)    
Insurance service expenses 19,631 18,450
Reinsurance contract held net (income) expenses (85) 69
Insurance finance (income) expenses from insurance contracts issued 5,139 9,675
Reinsurance finance (income) expenses (51) (59)
(Decrease) increase in investment contract liabilities 393 331
Other income (163) (169)
Interest expenses 664 552
Operating expenses and commissions 8,766 7,995
Total other expenses (income) 34,294 36,844
Income (loss) before income taxes 4,339 3,930
Income tax expense (benefit) 1,040 461
Total net income (loss) 3,299 3,469
Net income (loss) allocated to the participating account 42 178
Net income (loss) attributable to non-controlling interests 128 126
Shareholders' net income (loss) 3,129 3,165
Consolidation adjustments    
Disclosure of operating segments [line items]    
Total Insurance revenue 0 0
Net investment income (loss) (102) (95)
Fee income (561) (503)
Segment revenue (663) (598)
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 0
Interest expenses (114) (96)
Operating expenses and commissions (549) (502)
Total other expenses (income) (663) (598)
Income (loss) before income taxes 0 0
Income tax expense (benefit) 0 0
Total net income (loss) 0 0
Net income (loss) allocated to the participating account 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 2,395 2,258
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 5,620 5,356
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 14,622 13,742
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 8,778 8,165
Net investment income (loss) 5,039 7,514
Fee income 1,771 1,483
Segment revenue 15,588 17,162
Other expenses (income)    
Insurance service expenses 7,309 6,855
Reinsurance contract held net (income) expenses 4 164
Insurance finance (income) expenses from insurance contracts issued 3,843 6,415
Reinsurance finance (income) expenses 81 2
(Decrease) increase in investment contract liabilities 390 326
Other income 0 (102)
Interest expenses 262 160
Operating expenses and commissions 1,989 1,751
Total other expenses (income) 13,878 15,571
Income (loss) before income taxes 1,710 1,591
Income tax expense (benefit) 395 275
Total net income (loss) 1,315 1,316
Net income (loss) allocated to the participating account 98 64
Net income (loss) attributable to non-controlling interests 0 0
Shareholders' net income (loss) 1,217 1,252
Canada | Annuities | Reportable segments    
Disclosure of operating segments [line items]    
Total Insurance revenue 2,063 1,916
Canada | Life insurance | Reportable segments    
Disclosure of operating segments [line items]    
Total Insurance revenue 2,324 2,165
Canada | Health insurance | Reportable segments    
Disclosure of operating segments [line items]    
Total Insurance revenue 4,391 4,084
U.S. | Reportable segments    
Disclosure of operating segments [line items]    
Total Insurance revenue 12,296 11,721
Net investment income (loss) 316 1,321
Fee income 489 458
Segment revenue 13,101 13,500
Other expenses (income)    
Insurance service expenses 11,345 10,522
Reinsurance contract held net (income) expenses (145) (100)
Insurance finance (income) expenses from insurance contracts issued 63 1,250
Reinsurance finance (income) expenses (121) (57)
(Decrease) increase in investment contract liabilities 0 0
Other income 0 0
Interest expenses 116 107
Operating expenses and commissions 1,127 1,031
Total other expenses (income) 12,385 12,753
Income (loss) before income taxes 716 747
Income tax expense (benefit) 133 148
Total net income (loss) 583 599
Net income (loss) allocated to the participating account 27 23
Net income (loss) attributable to non-controlling interests 0 0
Shareholders' net income (loss) 556 576
U.S. | Annuities | Reportable segments    
Disclosure of operating segments [line items]    
Total Insurance revenue 307 222
U.S. | Life insurance | Reportable segments    
Disclosure of operating segments [line items]    
Total Insurance revenue 2,008 1,999
U.S. | Health insurance | Reportable segments    
Disclosure of operating segments [line items]    
Total Insurance revenue 9,981 9,500
Asset Management    
Other expenses (income)    
Other income 163  
Recognized net of tax 46  
Asset Management | Reportable segments    
Disclosure of operating segments [line items]    
Total Insurance revenue 0 0
Net investment income (loss) 281 187
Fee income 6,391 5,953
Segment revenue 6,672 6,140
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 (163) 0
Interest expenses 172 158
Operating expenses and commissions 4,596 4,480
Total other expenses (income) 4,605 4,638
Income (loss) before income taxes 2,067 1,502
Income tax expense (benefit) 411 309
Total net income (loss) 1,656 1,193
Net income (loss) allocated to the participating account 0 0
Net income (loss) attributable to non-controlling interests 128 126
Shareholders' net income (loss) 1,528 1,067
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 1,554 1,385
Net investment income (loss) 1,648 2,347
Fee income 329 300
Segment revenue 3,531 4,032
Other expenses (income)    
Insurance service expenses 974 972
Reinsurance contract held net (income) expenses 56 7
Insurance finance (income) expenses from insurance contracts issued 1,233 1,897
Reinsurance finance (income) expenses (11) (4)
(Decrease) increase in investment contract liabilities 3 5
Other income 0 0
Interest expenses 105 74
Operating expenses and commissions 701 489
Total other expenses (income) 3,061 3,440
Income (loss) before income taxes 470 592
Income tax expense (benefit) 124 (10)
Total net income (loss) 346 602
Net income (loss) allocated to the participating account (83) 91
Net income (loss) attributable to non-controlling interests 0 0
Shareholders' net income (loss) 429 511
Asia | Annuities | Reportable segments    
Disclosure of operating segments [line items]    
Total Insurance revenue 25 22
Asia | Life insurance | Reportable segments    
Disclosure of operating segments [line items]    
Total Insurance revenue 1,279 1,210
Asia | Health insurance | Reportable segments    
Disclosure of operating segments [line items]    
Total Insurance revenue 250 153
Corporate | Reportable segments    
Disclosure of operating segments [line items]    
Total Insurance revenue 9 85
Net investment income (loss) 233 312
Fee income 162 141
Segment revenue 404 538
Other expenses (income)    
Insurance service expenses 3 101
Reinsurance contract held net (income) expenses 0 (2)
Insurance finance (income) expenses from insurance contracts issued 0 113
Reinsurance finance (income) expenses 0 0
(Decrease) increase in investment contract liabilities 0 0
Other income 0 (67)
Interest expenses 123 149
Operating expenses and commissions 902 746
Total other expenses (income) 1,028 1,040
Income (loss) before income taxes (624) (502)
Income tax expense (benefit) (23) (261)
Total net income (loss) (601) (241)
Net income (loss) allocated to the participating account 0 0
Net income (loss) attributable to non-controlling interests 0 0
Shareholders' net income (loss) (601) (241)
Corporate | Annuities | Reportable segments    
Disclosure of operating segments [line items]    
Total Insurance revenue 0 98
Corporate | Life insurance | Reportable segments    
Disclosure of operating segments [line items]    
Total Insurance revenue 9 (18)
Corporate | Health insurance | Reportable segments    
Disclosure of operating segments [line items]    
Total Insurance revenue $ 0 $ 5