XML 237 R175.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Information Provided in Connection with Investments in Deferred Annuity Contracts and SignatureNotes Issued or Assumed by John Hancock Life Insurance Company (U.S.A.) - Condensed Consolidated Statement of Financial Position (Details) - CAD ($) $ in Millions | Dec. 31, 2024 | Dec. 31, 2023
--- | --- | ---
Assets |  |
Invested assets | $ 442,497 | $ 417,210
Investments in unconsolidated subsidiaries | 0 | 0
Insurance contract assets | 102 | 145
Reinsurance contract held assets | 59,015 | 42,651
Other assets | 41,216 | 38,024
Segregated funds net assets | 435,988 | 377,544
Total assets | 978,818 | 875,574
Liabilities and Equity |  |
Insurance contract liabilities, excluding those for account of segregated fund holders | 396,401 | 367,996
Reinsurance contract held liabilities | 2,669 | 2,831
Investment contract liabilities | 13,498 | 11,816
Other liabilities | 63,141 | 53,922
Long-term debt | 6,629 | 6,071
Capital instruments | 7,532 | 6,667
Insurance contract liabilities for account of segregated fund holders | 126,545 | 114,143
Investment contract liabilities for account of segregated fund holders | 309,443 | 263,401
Shareholders’ and other equity | 50,972 | 47,039
Participating policyholders’ equity | 567 | 257
Non-controlling interests | 1,421 | 1,431
Total liabilities and equity | 978,818 | 875,574
MFC (Guarantor) |  |
Assets |  |
Invested assets | 126 | 86
Investments in unconsolidated subsidiaries | 65,350 | 58,694
Insurance contract assets | 0 | 0
Reinsurance contract held assets | 0 | 0
Other assets | 548 | 329
Segregated funds net assets | 0 | 0
Total assets | 66,024 | 59,109
Liabilities and Equity |  |
Insurance contract liabilities, excluding those for account of segregated fund holders | 0 | 0
Reinsurance contract held liabilities | 0 | 0
Investment contract liabilities | 0 | 0
Other liabilities | 1,539 | 573
Long-term debt | 6,629 | 6,071
Capital instruments | 6,884 | 5,426
Insurance contract liabilities for account of segregated fund holders | 0 | 0
Investment contract liabilities for account of segregated fund holders | 0 | 0
Shareholders’ and other equity | 50,972 | 47,039
Participating policyholders’ equity | 0 | 0
Non-controlling interests | 0 | 0
Total liabilities and equity | 66,024 | 59,109
JHUSA (Issuer) |  |
Assets |  |
Invested assets | 112,444 | 109,433
Investments in unconsolidated subsidiaries | 9,393 | 8,674
Insurance contract assets | 0 | 0
Reinsurance contract held assets | 46,811 | 42,418
Other assets | 11,182 | 8,731
Segregated funds net assets | 218,909 | 188,067
Total assets | 398,739 | 357,323
Liabilities and Equity |  |
Insurance contract liabilities, excluding those for account of segregated fund holders | 148,828 | 145,589
Reinsurance contract held liabilities | 0 | 0
Investment contract liabilities | 5,260 | 3,487
Other liabilities | 8,432 | 5,869
Long-term debt | 0 | 0
Capital instruments | 0 | 594
Insurance contract liabilities for account of segregated fund holders | 58,137 | 51,719
Investment contract liabilities for account of segregated fund holders | 160,772 | 136,348
Shareholders’ and other equity | 17,357 | 13,773
Participating policyholders’ equity | (47) | (56)
Non-controlling interests | 0 | 0
Total liabilities and equity | 398,739 | 357,323
Other subsidiaries |  |
Assets |  |
Invested assets | 330,044 | 307,930
Investments in unconsolidated subsidiaries | 21,510 | 17,916
Insurance contract assets | 177 | 217
Reinsurance contract held assets | 22,440 | 10,380
Other assets | 34,660 | 32,700
Segregated funds net assets | 218,681 | 191,241
Total assets | 627,512 | 560,384
Liabilities and Equity |  |
Insurance contract liabilities, excluding those for account of segregated fund holders | 258,007 | 232,972
Reinsurance contract held liabilities | 2,669 | 2,831
Investment contract liabilities | 8,854 | 8,928
Other liabilities | 58,333 | 51,266
Long-term debt | 0 | 0
Capital instruments | 648 | 647
Insurance contract liabilities for account of segregated fund holders | 68,408 | 62,424
Investment contract liabilities for account of segregated fund holders | 150,273 | 128,817
Shareholders’ and other equity | 78,285 | 70,755
Participating policyholders’ equity | 614 | 313
Non-controlling interests | 1,421 | 1,431
Total liabilities and equity | 627,512 | 560,384
Consolidation adjustments |  |
Assets |  |
Invested assets | (117) | (239)
Investments in unconsolidated subsidiaries | (96,253) | (85,284)
Insurance contract assets | (75) | (72)
Reinsurance contract held assets | (10,236) | (10,147)
Other assets | (5,174) | (3,736)
Segregated funds net assets | (1,602) | (1,764)
Total assets | (113,457) | (101,242)
Liabilities and Equity |  |
Insurance contract liabilities, excluding those for account of segregated fund holders | (10,434) | (10,565)
Reinsurance contract held liabilities | 0 | 0
Investment contract liabilities | (616) | (599)
Other liabilities | (5,163) | (3,786)
Long-term debt | 0 | 0
Capital instruments | 0 | 0
Insurance contract liabilities for account of segregated fund holders | 0 | 0
Investment contract liabilities for account of segregated fund holders | (1,602) | (1,764)
Shareholders’ and other equity | (95,642) | (84,528)
Participating policyholders’ equity | 0 | 0
Non-controlling interests | 0 | 0
Total liabilities and equity | $ (113,457) | $ (101,242)

X
- Definition The amount of a present economic resource controlled by the entity as a result of past events. Economic resource is a right that has the potential to produce economic benefits. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 13 -IssueDate 2024-01-01 -Paragraph 93 -Subparagraph a -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=13&code=ifrs-tx-2024-en-r&anchor=para_93_a&doctype=Standard -URIDate 2024-03-27 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 8 -IssueDate 2024-01-01 -Paragraph 28 -Subparagraph c -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2024-en-r&anchor=para_28_c&doctype=Standard -URIDate 2024-03-27 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 13 -IssueDate 2024-01-01 -Paragraph 93 -Subparagraph e -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=13&code=ifrs-tx-2024-en-r&anchor=para_93_e&doctype=Standard -URIDate 2024-03-27 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 8 -IssueDate 2024-01-01 -Paragraph 23 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2024-en-r&anchor=para_23&doctype=Standard -URIDate 2024-03-27 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 13 -IssueDate 2024-01-01 -Paragraph 93 -Subparagraph b -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=13&code=ifrs-tx-2024-en-r&anchor=para_93_b&doctype=Standard -URIDate 2024-03-27 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2024-01-01 -Paragraph 55 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_55&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_Assets
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

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

X
- Definition The amount of instruments issued by the entity that represent indebtedness. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2024-01-01 -Paragraph 55 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_55&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_DebtSecurities
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The amount of the entity's equity and liabilities. [Refer: Equity; Liabilities] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2024-01-01 -Paragraph 55 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_55&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_EquityAndLiabilities
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

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

X
- Definition The amount of equity attributable to the owners of the parent. This specifically excludes non-controlling interest. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2024-01-01 -Paragraph 54 -Subparagraph r -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_54_r&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_EquityAttributableToOwnersOfParent
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The amount of insurance contracts that are assets. [Refer: Assets; Insurance contracts [domain]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 17 -IssueDate 2024-01-01 -Paragraph 99 -Subparagraph b -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=17&code=ifrs-tx-2024-en-r&anchor=para_99_b&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_InsuranceContractsThatAreAssets
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The amount of liabilities relating to investment contracts that fall within the scope of IAS 39 or IFRS 9. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2024-01-01 -Paragraph 55 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_55&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_InvestmentContractsLiabilities
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The amount of investments in subsidiaries in an entity's separate financial statements. [Refer: Total for all subsidiaries [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 27 -IssueDate 2024-01-01 -Paragraph 10 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=27&code=ifrs-tx-2024-en-r&anchor=para_10&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_InvestmentsInSubsidiaries
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The non-current portion of non-current borrowings. [Refer: Borrowings] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2024-01-01 -Paragraph 55 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_55&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_LongtermBorrowings
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The amount of equity in a subsidiary not attributable, directly or indirectly, to a parent. [Refer: Total for all subsidiaries [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 10 -IssueDate 2024-01-01 -Paragraph 22 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=10&code=ifrs-tx-2024-en-r&anchor=para_22&doctype=Standard -URIDate 2024-03-27 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 12 -IssueDate 2024-01-01 -Paragraph 12 -Subparagraph f -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2024-en-r&anchor=para_12_f&doctype=Standard -URIDate 2024-03-27 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2024-01-01 -Paragraph 54 -Subparagraph q -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_54_q&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_NoncontrollingInterests
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The amount of non-current financial liabilities that the entity does not separately disclose in the same statement or note. [Refer: Other financial liabilities] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 12 -IssueDate 2024-01-01 -Paragraph B13 -Subparagraph c -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2024-en-r&anchor=para_B13_c&doctype=Appendix&subtype=B -URIDate 2024-03-27 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2024-01-01 -Paragraph 54 -Subparagraph m -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_54_m&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_OtherNoncurrentFinancialLiabilities
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The amount of reinsurance contracts held that are assets. [Refer: Assets; Reinsurance contracts held [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 17 -IssueDate 2024-01-01 -Paragraph 78 -Subparagraph c -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=17&code=ifrs-tx-2024-en-r&anchor=para_78_c&doctype=Standard -URIDate 2024-03-27 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2024-01-01 -Paragraph 54 -Subparagraph da -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_54_da&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_ReinsuranceContractsHeldThatAreAssets
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The amount of reinsurance contracts held that are liabilities. [Refer: Liabilities; Reinsurance contracts held [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 17 -IssueDate 2024-01-01 -Paragraph 78 -Subparagraph d -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=17&code=ifrs-tx-2024-en-r&anchor=para_78_d&doctype=Standard -URIDate 2024-03-27 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2024-01-01 -Paragraph 54 -Subparagraph ma -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_54_ma&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_ReinsuranceContractsHeldThatAreLiabilities
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Insurance Contract Liabilities Excluding Segregated Fund Holders + References No definition available. + Details
Name: | mfc_InsuranceContractLiabilitiesExcludingSegregatedFundHolders
Namespace Prefix: | mfc_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Insurance contract liabilities for account of segregated fund holders. + References No definition available. + Details
Name: | mfc_InsuranceContractLiabilitiesForAccountOfSegregatedFundHolders
Namespace Prefix: | mfc_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Invested Assets + References No definition available. + Details
Name: | mfc_InvestedAssets
Namespace Prefix: | mfc_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Investment Contract Liabilities For Segregated Fund Holders + References No definition available. + Details
Name: | mfc_InvestmentContractLiabilitiesForSegregatedFundHolders
Namespace Prefix: | mfc_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Other Assets Excluding Reinsurance Assets + References No definition available. + Details
Name: | mfc_OtherAssetsExcludingReinsuranceAssets
Namespace Prefix: | mfc_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Participating policyholders equity. + References No definition available. + Details
Name: | mfc_ParticipatingPolicyholdersEquity
Namespace Prefix: | mfc_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Segregated Funds Net Assets Held By Policyholders + References No definition available. + Details
Name: | mfc_SegregatedFundsNetAssetsHeldByPolicyholders
Namespace Prefix: | mfc_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Details
Name: | ifrs-full_SignificantInvestmentsInSubsidiariesAxis=mfc_ManulifeFinancialCorpMFCGuarantorMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_SignificantInvestmentsInSubsidiariesAxis=mfc_JHUSAIssuerMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_SignificantInvestmentsInSubsidiariesAxis=mfc_OtherSubsidiariesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_SignificantInvestmentsInSubsidiariesAxis=mfc_ConsolidationAdjustmentsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |