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Risk Management - Variable Annuity and Segregated Fund Guarantees, Net of Reinsurance (Details)
$ in Millions, $ in Millions
Dec. 31, 2024
CAD ($)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
CAD ($)
Dec. 31, 2023
USD ($)
Disclosure of credit risk exposure [line items]        
Guarantee value, gross of reinsurance $ 64,700   $ 66,826  
Guarantee value, reinsured 27,198   27,608  
Guarantee value, total, net of reinsurance 37,502   39,218  
Fund value, gross of reinsurance 75,267   72,237  
Fund value, reinsured 26,741   25,722  
Fund value, total, net of reinsurance 48,526   46,515  
Net amount at risk, gross of reinsurance 4,971   6,340  
Net amount at risk, reinsured 3,305   3,877  
Net amount at risk, total, net of reinsurance 1,666   2,463  
U.S.        
Disclosure of credit risk exposure [line items]        
Net amount at risk, total, net of reinsurance   $ 293   $ 391
Canada        
Disclosure of credit risk exposure [line items]        
Net amount at risk, total, net of reinsurance 1,021   1,559  
Japan        
Disclosure of credit risk exposure [line items]        
Net amount at risk, total, net of reinsurance   100   140
Asia        
Disclosure of credit risk exposure [line items]        
Net amount at risk, total, net of reinsurance   $ 56   $ 155
Guaranteed minimum income benefit        
Disclosure of credit risk exposure [line items]        
Guarantee value, gross of reinsurance 3,628   3,864  
Fund value, gross of reinsurance 2,780   2,735  
Net amount at risk, gross of reinsurance 918   1,156  
Guaranteed minimum withdrawal benefit        
Disclosure of credit risk exposure [line items]        
Guarantee value, gross of reinsurance 33,473   34,833  
Fund value, gross of reinsurance 33,539   33,198  
Net amount at risk, gross of reinsurance 3,339   4,093  
Guaranteed minimum accumulation benefit        
Disclosure of credit risk exposure [line items]        
Guarantee value, gross of reinsurance 18,987   18,996  
Fund value, gross of reinsurance 19,097   19,025  
Net amount at risk, gross of reinsurance 70   116  
Living benefits        
Disclosure of credit risk exposure [line items]        
Guarantee value, gross of reinsurance 56,088   57,693  
Guarantee value, reinsured 23,768   24,208  
Fund value, gross of reinsurance 55,416   54,958  
Fund value, reinsured 23,965   23,146  
Net amount at risk, gross of reinsurance 4,327   5,365  
Net amount at risk, reinsured 3,016   3,395  
Death benefit        
Disclosure of credit risk exposure [line items]        
Guarantee value, gross of reinsurance 8,612   9,133  
Guarantee value, reinsured 3,430   3,400  
Fund value, gross of reinsurance 19,851   17,279  
Fund value, reinsured 2,776   2,576  
Net amount at risk, gross of reinsurance 644   975  
Net amount at risk, reinsured $ 289   $ 482