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Commitments and Contingencies (Tables)
 12 Months Ended
Dec. 31, 2018
Text block [abstract]  
Summary of Condensed Consolidated Statements of Income Information for MFC and MFLP

Condensed Consolidated Statements of Income Information

 

For the year ended December 31, 2018

   

MFC
(Guarantor)

     

MLI
consolidated

     

Other
subsidiaries of
MFC on a
combined basis

     

Consolidation
adjustments

     

Total
consolidated
amounts

            

MFLP

  

Total revenue

    $ 443      $    38,994      $     434      $ (899)      $    38,972         $    62  

Net income (loss) attributed to shareholders

         4,800        5,076        (419 )          (4,657)        4,800           22  

For the year ended December 31, 2017

    MFC
(Guarantor)		      MLI
consolidated		      Other
subsidiaries of
MFC on a
combined basis		      Consolidation
adjustments		      Total
consolidated
amounts		             MFLP  

Total revenue

    $ 182      $ 58,445      $ 270      $ (574 )     $ 58,323         $ 29  

Net income (loss) attributed to shareholders

      2,104        2,467        (257 )          (2,210 )       2,104           6  
Summary of Condensed Consolidated Statements of Financial Position for MFC and MFLP

Condensed Consolidated Statements of Financial Position

 

As at December 31, 2018    MFC
(Guarantor)		      MLI
consolidated		      Other
subsidiaries of
MFC on a
combined basis		      Consolidation
adjustments		      Total
consolidated
amounts		             MFLP  

Invested assets

    $ 21      $ 353,632      $   11      $ –      $   353,664         $        11  

Total other assets

        54,346        83,523        3        (54,474 )       83,398           1,059  

Segregated funds net assets

      –        313,209        –        –        313,209           –  

Insurance contract liabilities

      –          328,654        –        –        328,654           –  

Investment contract liabilities

      –        3,265        –        –        3,265           –  

Segregated funds net liabilities

      –        313,209        –        –        313,209           –  

Total other liabilities

      8,403        50,043        –        (454 )       57,992           833  
As at December 31, 2017    MFC
(Guarantor)		      MLI
consolidated		      Other
subsidiaries of
MFC on a
combined basis		      Consolidation
adjustments		      Total
consolidated
amounts		             MFLP  

Invested assets

    $ 21      $ 334,191      $       10      $               –      $ 334,222           $         5  

Total other assets

        48,688        71,180        4        (48,868 )       71,004           1,033  

Segregated funds net assets

      –        324,307        –        –        324,307           –  

Insurance contract liabilities

      –          304,605        –        –        304,605           –  

Investment contract liabilities

      –        3,126        –        –        3,126           –  

Segregated funds net liabilities

      –        324,307        –        –        324,307           –  

Total other liabilities

      7,696        48,145        –        (509 )       55,332           831  
Schedule of Pledged Assets

The amounts pledged are as follows.

 

    2018          2017  
As at December 31,   Debt securities      Other          Debt securities      Other  

In respect of:

             

Derivatives

   $   3,655      $ 102        $ 3,189      $ 44  

Regulatory requirements

     412        84          398        86  

Real estate

     –        –          –        2  

Repurchase agreements

     64        –          228        –  

Non-registered retirement plans in trust

     –        420          –        412  

Other

     3        301          3        271  

Total

   $ 4,134      $   907        $   3,818      $   815