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Deferred acquisition costs (Tables) | 9 Months Ended
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Sep. 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:
| Nine Months Ended September 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 | 118 |  |  | 85 |  |  | 102 |  |  | 392 |  |  | 25 |  |  | 722 |
Amortization expense | (74) |  |  | (57) |  |  | (16) |  |  | (100) |  |  | (15) |  |  | (262) |
Other (including foreign exchange) | 8 |  |  | (20) |  |  | 7 |  |  | (13) |  |  | (4) |  |  | (22) |
Balance - end of period | $ | 372 |  |  | $ | 784 |  |  | $ | 488 |  |  | $ | 1,181 |  |  | $ | 127 |  |  | $ | 2,952 |
Overseas General Insurance segment excluded from table |  |  |  |  |  |  |  |  |  |  | 621 |
Total deferred acquisition costs on long-duration contracts |  |  |  |  |  |  |  |  |  |  | $ | 3,573 |
| Nine Months Ended September 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 | 111 |  |  | 95 |  |  | 46 |  |  | 166 |  |  | 39 |  |  | 457 |
Amortization expense | (56) |  |  | (55) |  |  | (14) |  |  | (72) |  |  | (16) |  |  | (213) |
Other (including foreign exchange) | (2) |  |  | (50) |  |  | (16) |  |  | (20) |  |  | (14) |  |  | (102) |
Balance - end of period | $ | 299 |  |  | $ | 761 |  |  | $ | 350 |  |  | $ | 819 |  |  | $ | 117 |  |  | $ | 2,346 |
Overseas General Insurance segment excluded from table |  |  |  |  |  |  |  |  |  |  | 633 |
Total deferred acquisition costs on long-duration contracts |  |  |  |  |  |  |  |  |  |  | $ | 2,979 |

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