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Invested Assets and Investment Income - Movement in Invested Assets, Net Derivatives and Segregated Funds Net Assets Measured at Fair Value (Details) - CAD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Level 3    
Disclosure of financial assets [line items]    
Assets at beginning of period $ 85,391 $ 83,721
Total gains (losses) included in net income (1,303) (964)
Total gains (losses) included in AOCI 106 1,099
Purchases 10,367 9,626
Sales (6,702) (3,472)
Settlements (3,224) (2,315)
Transfer in 287 2,605
Transfer out 651 (2,939)
Currency movement 5,066 (1,970)
Assets at end of period 90,639 85,391
Change in unrealized gains (losses) on assets still held (1,488) (549)
Level 3 | Other invested assets    
Disclosure of financial assets [line items]    
Assets at beginning of period 33,585 31,069
Total gains (losses) included in net income 1,502 423
Total gains (losses) included in AOCI 14 7
Purchases 4,308 4,760
Sales (2,007) (522)
Settlements (1,187) (1,219)
Transfer in 0 0
Transfer out 0 (68)
Currency movement 2,251 (865)
Assets at end of period 38,466 33,585
Change in unrealized gains (losses) on assets still held 1,251 647
Level 3 | Derivatives    
Disclosure of financial assets [line items]    
Assets at beginning of period (2,166) (3,188)
Total gains (losses) included in net income (2,248) (144)
Total gains (losses) included in AOCI 0 0
Purchases 0 0
Sales 0 0
Settlements (166) 960
Transfer in 0 0
Transfer out 1,509 165
Currency movement (164) 41
Assets at end of period (3,235) (2,166)
Change in unrealized gains (losses) on assets still held (2,065) 17
Level 3 | Segregated Funds Net Assets    
Disclosure of financial assets [line items]    
Assets at beginning of period 3,492 3,985
Total gains (losses) included in net income 119 (97)
Total gains (losses) included in AOCI (67) 0
Purchases 148 110
Sales (527) (466)
Settlements 17 24
Transfer in 0 0
Transfer out 0 (15)
Currency movement 152 (49)
Assets at end of period 3,334 3,492
Change in unrealized gains (losses) on assets still held (76) 32
Level 3 | FVOCI | Private placements    
Disclosure of financial assets [line items]    
Assets at beginning of period 7,682 7,828
Total gains (losses) included in net income (47) (4)
Total gains (losses) included in AOCI 50 258
Purchases 3,039 1,942
Sales (1,115) (497)
Settlements (1,040) (1,172)
Transfer in 254 2,546
Transfer out (624) (2,907)
Currency movement 565 (312)
Assets at end of period 8,764 7,682
Change in unrealized gains (losses) on assets still held 0 0
Level 3 | FVOCI | Mortgages    
Disclosure of financial assets [line items]    
Assets at beginning of period 28,473 28,621
Total gains (losses) included in net income (73) 65
Total gains (losses) included in AOCI 109 830
Purchases 2,243 1,984
Sales (2,834) (1,626)
Settlements (763) (856)
Transfer in 0 0
Transfer out 0 0
Currency movement 1,637 (545)
Assets at end of period 28,792 28,473
Change in unrealized gains (losses) on assets still held 0 0
Level 3 | FVTPL | Public equities    
Disclosure of financial assets [line items]    
Assets at beginning of period 41 71
Total gains (losses) included in net income (3) 0
Total gains (losses) included in AOCI 0 0
Purchases 0 37
Sales (1) 0
Settlements 0 0
Transfer in 0 0
Transfer out (36) (67)
Currency movement (1) 0
Assets at end of period 0 41
Change in unrealized gains (losses) on assets still held (3) 0
Level 3 | FVTPL | Private placements    
Disclosure of financial assets [line items]    
Assets at beginning of period 79 31
Total gains (losses) included in net income 1 44
Total gains (losses) included in AOCI 0 0
Purchases 49 17
Sales 0 0
Settlements (13) (1)
Transfer in 29 34
Transfer out (14) (47)
Currency movement 5 1
Assets at end of period 136 79
Change in unrealized gains (losses) on assets still held 1 44
Level 3 | FVTPL | Mortgages    
Disclosure of financial assets [line items]    
Assets at beginning of period 1,055 1,138
Total gains (losses) included in net income 32 37
Total gains (losses) included in AOCI 0 0
Purchases 339 160
Sales (152) (239)
Settlements (38) (39)
Transfer in 0 0
Transfer out 0 0
Currency movement 3 (2)
Assets at end of period 1,239 1,055
Change in unrealized gains (losses) on assets still held 0 0
Other government and agency | Level 3 | FVOCI | Debt securities    
Disclosure of financial assets [line items]    
Assets at beginning of period 10 9
Total gains (losses) included in net income 0 0
Total gains (losses) included in AOCI 0 0
Purchases 0 2
Sales 0 0
Settlements (5) 0
Transfer in 4 0
Transfer out 0 0
Currency movement 1 (1)
Assets at end of period 10 10
Change in unrealized gains (losses) on assets still held 0 0
Corporate | Level 3 | FVOCI | Debt securities    
Disclosure of financial assets [line items]    
Assets at beginning of period 231 32
Total gains (losses) included in net income 0 0
Total gains (losses) included in AOCI (33) 3
Purchases 0 178
Sales 0 0
Settlements (7) (7)
Transfer in 0 25
Transfer out (151) 0
Currency movement 4 0
Assets at end of period 44 231
Change in unrealized gains (losses) on assets still held 0 0
Other securitized assets | Level 3 | FVOCI | Debt securities    
Disclosure of financial assets [line items]    
Assets at beginning of period 21 26
Total gains (losses) included in net income 0 0
Total gains (losses) included in AOCI 33 1
Purchases 0 0
Sales 0 0
Settlements (22) (5)
Transfer in 0 0
Transfer out (33) 0
Currency movement 1 (1)
Assets at end of period 0 21
Change in unrealized gains (losses) on assets still held 0 0
Investment property | Level 3    
Disclosure of financial assets [line items]    
Assets at beginning of period 10,458 11,417
Total gains (losses) included in net income (504) (1,054)
Total gains (losses) included in AOCI 0 0
Purchases 222 416
Sales (66) (122)
Settlements 0 0
Transfer in 0 0
Transfer out 0 0
Currency movement 479 (199)
Assets at end of period 10,589 10,458
Change in unrealized gains (losses) on assets still held (514) (1,055)
Own use property | Level 3    
Disclosure of financial assets [line items]    
Assets at beginning of period 2,430 2,682
Total gains (losses) included in net income (82) (234)
Total gains (losses) included in AOCI 0 0
Purchases 19 20
Sales 0 0
Settlements 0 0
Transfer in 0 0
Transfer out 0 0
Currency movement 133 (38)
Assets at end of period 2,500 2,430
Change in unrealized gains (losses) on assets still held (82) (234)
Invested Assets | Level 3    
Disclosure of financial assets [line items]    
Assets at beginning of period 84,065 82,924
Total gains (losses) included in net income 826 (723)
Total gains (losses) included in AOCI 173 1,099
Purchases 10,219 9,516
Sales (6,175) (3,006)
Settlements (3,075) (3,299)
Transfer in 287 2,605
Transfer out (858) (3,089)
Currency movement 5,078 (1,962)
Assets at end of period 90,540 84,065
Change in unrealized gains (losses) on assets still held $ 653 (598)
Private Placement Bonds | Beyond Thirty Years | Level 2    
Disclosure of financial assets [line items]    
Transfer out   $ (1,771)