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Deferred acquisition costs (Tables) | 6 Months Ended
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Jun. 30, 2023
Deferred Policy Acquisition Costs Disclosures [Abstract] |
Deferred Policy Acquisition Costs | The following tables present a roll-forward of deferred acquisitions costs on long-duration contracts included in the Life Insurance segment:
| Six Months Ended June 30, 2023
(in millions of U.S. dollars) | Term Life |  | Universal Life |  | Whole Life |  | A&H |  | Other |  | Total
Balance – beginning of period | $ | 320 |  |  | $ | 776 |  |  | $ | 395 |  |  | $ | 902 |  |  | $ | 121 |  |  | $ | 2,514 |
Capitalizations | 75 |  |  | 54 |  |  | 62 |  |  | 246 |  |  | 7 |  |  | 444 |
Amortization expense | (49) |  |  | (38) |  |  | (11) |  |  | (63) |  |  | (10) |  |  | (171) |
Other (including foreign exchange) | 10 |  |  | 11 |  |  | 10 |  |  | (4) |  |  | — |  |  | 27 |
Balance - end of period | $ | 356 |  |  | $ | 803 |  |  | $ | 456 |  |  | $ | 1,081 |  |  | $ | 118 |  |  | $ | 2,814 |
Overseas General Insurance segment excluded from table |  |  |  |  |  |  |  |  |  |  | 651 |
Total deferred acquisition costs on long-duration contracts |  |  |  |  |  |  |  |  |  |  | $ | 3,465 |
| Six Months Ended June 30, 2022
(in millions of U.S. dollars) | Term Life |  | Universal Life |  | Whole Life |  | A&H |  | Other |  | Total
Balance – beginning of period | $ | 246 |  |  | $ | 771 |  |  | $ | 334 |  |  | $ | 745 |  |  | $ | 108 |  |  | $ | 2,204 |
Capitalizations | 72 |  |  | 58 |  |  | 19 |  |  | 50 |  |  | 29 |  |  | 228 |
Amortization expense | (36) |  |  | (37) |  |  | (9) |  |  | (47) |  |  | (10) |  |  | (139) |
Other (including foreign exchange) | 1 |  |  | (27) |  |  | (8) |  |  | (8) |  |  | (9) |  |  | (51) |
Balance - end of period | $ | 283 |  |  | $ | 765 |  |  | $ | 336 |  |  | $ | 740 |  |  | $ | 118 |  |  | $ | 2,242 |
Overseas General Insurance segment excluded from table |  |  |  |  |  |  |  |  |  |  | 687 |
Total deferred acquisition costs on long-duration contracts |  |  |  |  |  |  |  |  |  |  | $ | 2,929 |

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- Definition Tabular disclosure of the movement in deferred policy acquisition costs. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 65 -Paragraph 2 -Subparagraph (g)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480016/944-40-65-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2B -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479432/944-30-50-2B Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2B -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479432/944-30-50-2B Reference 4: http://www.xbrl.org/2003/role/exampleRef -Topic 944 -SubTopic 30 -Name Accounting Standards Codification -Section 55 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479401/944-30-55-2 + Details
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