XML 227 R198.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Segmented Information - Summary of Results by Geographic Location (Detail) - CAD ($) $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2023 | Dec. 31, 2022
Insurance service result |  |
Total insurance service result | $ 3,977 | $ 3,160
Net investment income (loss) | 18,021 | 337
Insurance finance income (expense) |  |
Total insurance finance income (expenses) | (13,894) | (6,616)
Reinsurance finance income (expense) |  |
Total insurance finance income (expenses) | (734) | 309
Decrease (increase) in investment contract liabilities |  |
Decrease (increase) in investment contract liabilities | (435) | (399)
Net segregated fund investment result | 0 | 0
Total investment result | 2,958 | (6,369)
Other revenue | 6,746 | 6,186
Life, health and property and casualty insurance [Member] |  |
Insurance service result |  |
Total insurance service result | 3,827 | 2,890
Insurance finance income (expense) |  |
Total insurance finance income (expenses) | (12,350) | (5,051)
Reinsurance finance income (expense) |  |
Total insurance finance income (expenses) | (360) | 666
Annuities and pensions [Member] |  |
Insurance service result |  |
Total insurance service result | 150 | 270
Insurance finance income (expense) |  |
Total insurance finance income (expenses) | (1,544) | (1,565)
Reinsurance finance income (expense) |  |
Total insurance finance income (expenses) | (374) | (357)
Asia [Member] |  |
Insurance service result |  |
Total insurance service result | 1,959 | 1,709
Net investment income (loss) | 7,259 | 1,264
Insurance finance income (expense) |  |
Total insurance finance income (expenses) | (6,437) | (1,654)
Reinsurance finance income (expense) |  |
Total insurance finance income (expenses) | (120) | (77)
Decrease (increase) in investment contract liabilities |  |
Decrease (increase) in investment contract liabilities | (220) | (126)
Net segregated fund investment result | 0 | 0
Total investment result | 482 | (593)
Other revenue | 1,332 | 1,294
Asia [Member] | Life, health and property and casualty insurance [Member] |  |
Insurance service result |  |
Total insurance service result | 2,087 | 1,873
Insurance finance income (expense) |  |
Total insurance finance income (expenses) | (4,971) | 607
Reinsurance finance income (expense) |  |
Total insurance finance income (expenses) | (121) | (74)
Asia [Member] | Annuities and pensions [Member] |  |
Insurance service result |  |
Total insurance service result | (128) | (164)
Insurance finance income (expense) |  |
Total insurance finance income (expenses) | (1,466) | (2,261)
Reinsurance finance income (expense) |  |
Total insurance finance income (expenses) | 1 | (3)
Canada [member] |  |
Insurance service result |  |
Total insurance service result | 1,179 | 1,171
Net investment income (loss) | 5,724 | (1,061)
Insurance finance income (expense) |  |
Total insurance finance income (expenses) | (2,633) | (74)
Reinsurance finance income (expense) |  |
Total insurance finance income (expenses) | (624) | (256)
Decrease (increase) in investment contract liabilities |  |
Decrease (increase) in investment contract liabilities | (130) | (79)
Net segregated fund investment result | 0 | 0
Total investment result | 2,337 | (1,470)
Other revenue | 2,147 | 2,044
Canada [member] | Life, health and property and casualty insurance [Member] |  |
Insurance service result |  |
Total insurance service result | 981 | 909
Insurance finance income (expense) |  |
Total insurance finance income (expenses) | (2,606) | (578)
Reinsurance finance income (expense) |  |
Total insurance finance income (expenses) | (623) | (254)
Canada [member] | Annuities and pensions [Member] |  |
Insurance service result |  |
Total insurance service result | 198 | 262
Insurance finance income (expense) |  |
Total insurance finance income (expenses) | (27) | 504
Reinsurance finance income (expense) |  |
Total insurance finance income (expenses) | (1) | (2)
U.S. [member] |  |
Insurance service result |  |
Total insurance service result | 591 | 380
Net investment income (loss) | 4,975 | (189)
Insurance finance income (expense) |  |
Total insurance finance income (expenses) | (4,844) | (4,896)
Reinsurance finance income (expense) |  |
Total insurance finance income (expenses) | 10 | 642
Decrease (increase) in investment contract liabilities |  |
Decrease (increase) in investment contract liabilities | (79) | (194)
Net segregated fund investment result | 0 | 0
Total investment result | 62 | (4,637)
Other revenue | 3,239 | 2,907
U.S. [member] | Life, health and property and casualty insurance [Member] |  |
Insurance service result |  |
Total insurance service result | 511 | 208
Insurance finance income (expense) |  |
Total insurance finance income (expenses) | (4,793) | (5,088)
Reinsurance finance income (expense) |  |
Total insurance finance income (expenses) | 384 | 994
U.S. [member] | Annuities and pensions [Member] |  |
Insurance service result |  |
Total insurance service result | 80 | 172
Insurance finance income (expense) |  |
Total insurance finance income (expenses) | (51) | 192
Reinsurance finance income (expense) |  |
Total insurance finance income (expenses) | (374) | (352)
Other [Member] |  |
Insurance service result |  |
Total insurance service result | 248 | (100)
Net investment income (loss) | 63 | 323
Insurance finance income (expense) |  |
Total insurance finance income (expenses) | 20 | 8
Reinsurance finance income (expense) |  |
Total insurance finance income (expenses) | 0 | 0
Decrease (increase) in investment contract liabilities |  |
Decrease (increase) in investment contract liabilities | (6) | 0
Net segregated fund investment result | 0 | 0
Total investment result | 77 | 331
Other revenue | 28 | (59)
Other [Member] | Life, health and property and casualty insurance [Member] |  |
Insurance service result |  |
Total insurance service result | 248 | (100)
Insurance finance income (expense) |  |
Total insurance finance income (expenses) | 20 | 8
Reinsurance finance income (expense) |  |
Total insurance finance income (expenses) | 0 | 0
Other [Member] | Annuities and pensions [Member] |  |
Insurance service result |  |
Total insurance service result | 0 | 0
Insurance finance income (expense) |  |
Total insurance finance income (expenses) | 0 | 0
Reinsurance finance income (expense) |  |
Total insurance finance income (expenses) | $ 0 | $ 0

X
- Definition The amount of finance income (expenses) from reinsurance contracts held that is recognised in profit or loss. [Refer: Insurance finance income (expenses); Reinsurance contracts held [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 17 -IssueDate 2023-01-01 -Paragraph 82 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=17&code=ifrs-tx-2023-en-r&anchor=para_82&doctype=Standard -URIDate 2023-03-23 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2023-01-01 -Paragraph 82 -Subparagraph bc -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2023-en-r&anchor=para_82_bc&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_FinanceIncomeExpensesFromReinsuranceContractsHeldRecognisedInProfitOrLoss
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The amount of insurance finance income (expenses) from insurance contracts issued that is recognised in profit or loss. [Refer: Insurance finance income (expenses); Insurance contracts issued [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 17 -IssueDate 2023-01-01 -Paragraph 80 -Subparagraph b -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=17&code=ifrs-tx-2023-en-r&anchor=para_80_b&doctype=Standard -URIDate 2023-03-23 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2023-01-01 -Paragraph 82 -Subparagraph bb -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2023-en-r&anchor=para_82_bb&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_InsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedRecognisedInProfitOrLoss
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The amount comprising insurance revenue and insurance service expenses. [Refer: Insurance revenue; Insurance service expenses from insurance contracts issued; Income (expenses) from reinsurance contracts held, other than finance income (expenses)] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 17 -IssueDate 2023-01-01 -Paragraph 80 -Subparagraph a -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=17&code=ifrs-tx-2023-en-r&anchor=para_80_a&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_InsuranceServiceResult
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- References No definition available. + Details
Name: | ifrs-full_InsuranceServiceResultAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Increase decrease in investment contract liabilities. + References No definition available. + Details
Name: | mfc_IncreaseDecreaseInInvestmentContractLiabilities
Namespace Prefix: | mfc_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Increase decrease in investment contract liabilties. + References No definition available. + Details
Name: | mfc_IncreaseDecreaseInInvestmentContractLiabiltiesAbstract
Namespace Prefix: | mfc_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Insurance finance income excluding reinsurance. + References No definition available. + Details
Name: | mfc_InsuranceFinanceIncomeExcludingReinsuranceAbstract
Namespace Prefix: | mfc_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Insurance net investment result. + References No definition available. + Details
Name: | mfc_InsuranceNetInvestmentResult
Namespace Prefix: | mfc_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Net investment income (loss). + References No definition available. + Details
Name: | mfc_NetInvestmentIncomeLoss
Namespace Prefix: | mfc_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Net seggregated fund investment result. + References No definition available. + Details
Name: | mfc_NetSeggregatedFundInvestmentResult
Namespace Prefix: | mfc_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Other revenues expenses. + References No definition available. + Details
Name: | mfc_OtherRevenuesExpenses
Namespace Prefix: | mfc_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Reinsurance finance income expense. + References No definition available. + Details
Name: | mfc_ReinsuranceFinanceIncomeExpenseAbstract
Namespace Prefix: | mfc_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | ifrs-full_ProductsAndServicesAxis=mfc_LifeHealthPropertyAndCasualtyInsuranceMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ProductsAndServicesAxis=mfc_AnnuitiesAndPensionsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_GeographicalAreasAxis=srt_AsiaMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_GeographicalAreasAxis=country_CA
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_GeographicalAreasAxis=country_US
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_GeographicalAreasAxis=mfc_OtherCountriesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |