XML 97 R73.htm IDEA: XBRL DOCUMENT v3.25.0.1
Total Invested Assets and Related Net Investment Income - Carrying Value and Fair Value of Financial Assets and Other Financial Liabilities (Details) - CAD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Disclosure of fair value measurement of assets [line items]    
Carrying value $ 178,698 $ 162,948
Fair value 178,651 162,854
Financial liabilities, carrying value 21,287 18,902
Financial liabilities, at fair value 21,236 18,801
Invested assets 189,817 174,328
Investment properties 9,290 9,723
Other non-financial invested assets 1,829 1,657
Derivatives    
Disclosure of fair value measurement of assets [line items]    
Financial liabilities, carrying value 2,077 1,311
Financial liabilities, at fair value 2,077 1,311
Other financial invested assets (CLOs)    
Disclosure of fair value measurement of assets [line items]    
Financial liabilities, carrying value 5,028 3,247
Financial liabilities, at fair value 5,028 3,247
Measured at amortized cost | Investment contract liabilities    
Disclosure of fair value measurement of assets [line items]    
Financial liabilities, carrying value 11,678 11,672
Financial liabilities, at fair value 11,678 11,672
Measured at amortized cost | Other financial liabilities    
Disclosure of fair value measurement of assets [line items]    
Financial liabilities, carrying value 2,265 2,449
Financial liabilities, at fair value 2,214 2,348
FVTPL | Obligations for securities borrowing    
Disclosure of fair value measurement of assets [line items]    
Financial liabilities, carrying value 239 223
Financial liabilities, at fair value 239 223
Cash, cash equivalents and short-term securities    
Disclosure of fair value measurement of assets [line items]    
Carrying value 13,873 13,173
Fair value 13,873 13,173
Debt securities    
Disclosure of fair value measurement of assets [line items]    
Carrying value 81,955 75,493
Debt securities | FVTPL    
Disclosure of fair value measurement of assets [line items]    
Carrying value 68,106 61,180
Fair value 68,106 61,180
Debt securities | FVOCI    
Disclosure of fair value measurement of assets [line items]    
Carrying value 13,849 14,313
Fair value 13,849 14,313
Equity securities    
Disclosure of fair value measurement of assets [line items]    
Carrying value 9,974 7,138
Equity securities | FVTPL    
Disclosure of fair value measurement of assets [line items]    
Carrying value 9,900 7,070
Fair value 9,900 7,070
Equity securities | FVOCI    
Disclosure of fair value measurement of assets [line items]    
Carrying value 74 68
Fair value 74 68
Mortgages and loans | FVTPL    
Disclosure of fair value measurement of assets [line items]    
Carrying value 53,233 50,552
Fair value 53,233 50,552
Mortgages and loans | FVOCI    
Disclosure of fair value measurement of assets [line items]    
Carrying value 2,525 1,948
Fair value 2,525 1,948
Mortgages and loans | Amortized cost    
Disclosure of fair value measurement of assets [line items]    
Carrying value 1,861 2,100
Fair value 1,814 2,006
Mortgages and loans | Amortized cost | Level 2    
Disclosure of fair value measurement of assets [line items]    
Fair value 1,787 1,994
Mortgages and loans | Amortized cost | Level 3    
Disclosure of fair value measurement of assets [line items]    
Fair value 27 12
Derivatives    
Disclosure of fair value measurement of assets [line items]    
Carrying value 1,971 2,183
Fair value 1,971 2,183
Other financial invested assets | FVTPL    
Disclosure of fair value measurement of assets [line items]    
Carrying value 7,950 6,883
Fair value 7,950 6,883
Other financial invested assets (CLOs)    
Disclosure of fair value measurement of assets [line items]    
Carrying value 5,356 3,478
Fair value $ 5,356 $ 3,478