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Segmented Information (Tables)
 12 Months Ended
Dec. 31, 2022
Text block [abstract]  
Summary of Results by Segments
The following table presents results by reporting segments.
 
As at and for the year ended December 31, 2022
   Asia     Canada     U.S.     Global WAM     Corporate
and Other		     Total  
Revenue
                                                
Life and health insurance
  
$
18,690
 
  
$
9,945
 
  
$
6,579
 
  
$
–
 
  
$
269
 
  
$
35,483
 
Annuities and pensions
  
 
2,786
 
  
 
447
 
  
 
(863
) 
  
 
–
 
  
 
–
 
  
 
2,370
 
Net premium income
  
 
21,476
 
  
 
10,392
 
  
 
5,716
 
  
 
–
 
  
 
269
 
  
 
37,853
 
Net investment income (loss)
  
 
(7,972
) 
  
 
(7,911
) 
  
 
(13,003
) 
  
 
(39
) 
  
 
(945
) 
  
 
(29,870
) 
Other revenue
  
 
1,458
 
  
 
1,426
 
  
 
458
 
  
 
6,350
 
  
 
(528
) 
  
 
9,164
 
Total revenue
  
 
14,962
 
  
 
3,907
 
  
 
(6,829
) 
  
 
6,311
 
  
 
(1,204
) 
  
 
17,147
 
Contract benefits and expenses
                                                
Life and health insurance
  
 
4,976
 
  
 
5,945
 
  
 
(11,868
) 
  
 
–
 
  
 
431
 
  
 
(516
) 
Annuities and pensions
  
 
2,667
 
  
 
(8,738
) 
  
 
(2,753
) 
  
 
41
 
  
 
–
 
  
 
(8,783
) 
Net benefits and claims
  
 
7,643
 
  
 
(2,793
) 
  
 
(14,621
) 
  
 
41
 
  
 
431
 
  
 
(9,299
) 
Interest expense
  
 
234
 
  
 
573
 
  
 
67
 
  
 
7
 
  
 
469
 
  
 
1,350
 
Other expenses
  
 
5,024
 
  
 
3,506
 
  
 
2,847
 
  
 
4,717
 
  
 
255
 
  
 
16,349
 
Total contract benefits and expenses
  
 
12,901
 
  
 
1,286
 
  
 
(11,707
) 
  
 
4,765
 
  
 
1,155
 
  
 
8,400
 
Income (loss) before income taxes
  
 
2,061
 
  
 
2,621
 
  
 
4,878
 
  
 
1,546
 
  
 
(2,359
) 
  
 
8,747
 
Income tax recovery (expense)
  
 
(308
) 
  
 
(777
) 
  
 
(886
) 
  
 
(223
) 
  
 
629
 
  
 
(1,565
) 
Net income (loss)
  
 
1,753
 
  
 
1,844
 
  
 
3,992
 
  
 
1,323
 
  
 
(1,730
) 
  
 
7,182
 
Less net income (loss) attributed to:
                                                
Non-controlling
interests
  
 
(4
) 
  
 
–
 
  
 
–
 
  
 
2
 
  
 
1
 
  
 
(1
) 
Participating policyholders
  
 
(467
) 
  
 
314
 
  
 
42
 
  
 
–
 
  
 
–
 
  
 
(111
) 
Net income (loss) attributed to shareholders
  
$
2,224
 
  
$
1,530
 
  
$
3,950
 
  
$
1,321
 
  
$
(1,731
) 
  
$
7,294
 
Total assets
  
$
  158,036
 
  
$
  155,049
 
  
$
  267,653
 
  
$
  231,154
 
  
$
  37,049
 
  
$
  848,941
 
 
As at and for the year ended December 31, 2021   Asia     Canada     U.S.     Global WAM     Corporate
and Other		     Total  
Revenue
                                                
Life and health insurance
   $ 20,428     $ 9,217     $ 6,338     $ –     $ 147     $ 36,130  
Annuities and pensions
     2,558       344       33       –       –       2,935  
Net premium income
     22,986       9,561       6,371       –       147       39,065  
Net investment income (loss)
     4,889       1,469       5,061       28       177       11,624  
Other revenue
     1,696       1,336       1,824       6,513       (237 )      11,132  
Total revenue
     29,571       12,366       13,256       6,541       87       61,821  
Contract benefits and expenses
                                                
Life and health insurance
     18,240       10,276       9,307       –       159       37,982  
Annuities and pensions
     2,638       (3,371 )      (1,528 )      101       –       (2,160 ) 
Net benefits and claims
     20,878       6,905       7,779       101       159       35,822  
Interest expense
     232       269       47       1       462       1,011  
Other expenses
     5,273       3,401       2,947       4,798       444       16,863  
Total contract benefits and expenses
     26,383       10,575       10,773       4,900       1,065       53,696  
Income (loss) before income taxes
     3,188       1,791       2,483       1,641       (978 )      8,125  
Income tax recovery (expense)
     (445 )      (336 )      (385 )      (233 )      186       (1,213 ) 
Net income (loss)
     2,743       1,455       2,098       1,408       (792 )      6,912  
Less net income (loss) attributed to:
                                                
Non-controlling
interests
     253       –       –       2       –       255  
Participating policyholders
     (567 )      101       18       –       –       (448 ) 
Net income (loss) attributed to shareholders
   $ 3,057     $ 1,354     $ 2,080     $ 1,406     $ (792 )    $ 7,105  
Total assets
   $   162,970     $   169,736     $   290,838     $   259,363     $   34,736     $   917,643  
Summary of Results by Geographic Location
The following table presents results by geographical location.
 
For the year ended December 31, 2022
   Asia     Canada     U.S.     Other     Total  
Revenue
                                        
Life and health insurance
  
$
18,786
 
  
$
9,615
 
  
$
6,580
 
  
$
502
 
  
$
35,483
 
Annuities and pensions
  
 
2,786
 
  
 
447
 
  
 
(863
) 
  
 
–
 
  
 
2,370
 
Net premium income
  
 
21,572
 
  
 
10,062
 
  
 
5,717
 
  
 
502
 
  
 
37,853
 
Net investment income (loss)
  
 
(8,468
) 
  
 
(8,435
) 
  
 
(13,288
) 
  
 
321
 
  
 
(29,870
) 
Other revenue
  
 
2,702
 
  
 
3,246
 
  
 
3,217
 
  
 
(1
) 
  
 
9,164
 
Total revenue
  
$
15,806
 
  
$
4,873
 
  
$
(4,354
) 
  
$
822
 
  
$
17,147
 
           
For the year ended December 31, 2021   Asia     Canada     U.S.     Other     Total  
Revenue
                                        
Life and health insurance
   $ 20,515     $ 8,905     $ 6,340     $ 370     $ 36,130  
Annuities and pensions
     2,558       344       33       –       2,935  
Net premium income
     23,073       9,249       6,373       370       39,065  
Net investment income (loss)
     5,313       1,255       4,830       226       11,624  
Other revenue
     2,818       3,363       4,952       (1 )      11,132  
Total revenue
   $   31,204     $   13,867     $   16,155     $   595     $   61,821