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Insurance and Reinsurance contract Assets and Liabilities - Insurance Contracts in Analysis by Remaining Coverage and Incurred Claims (Detail) - CAD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Changes in insurance contracts for reconciliation by remaining coverage and incurred claims [abstract]    
Opening insurance contract assets, beginning balance $ (145)  
Opening insurance contract liabilities, beginning balance 367,996  
Opening insurance contract liabilities for account of segregated fund holders, beginning balance 114,143  
Insurance revenue    
Insurance revenue (26,592) $ (23,972)
Cash flows    
Acquisition cash flows incurred in the year (878) (820)
Closing insurance contract assets, ending balance (102) (145)
Closing insurance contract liabilities, ending balance 396,401 367,996
Closing insurance contract liabilities for account of segregated fund holders, ending balance 126,545 114,143
Insurance contracts issued    
Changes in insurance contracts for reconciliation by remaining coverage and incurred claims [abstract]    
Opening insurance contract assets, beginning balance (145) (673)
Opening insurance contract liabilities, beginning balance 367,996 354,849
Opening insurance contract liabilities for account of segregated fund holders, beginning balance 114,143 110,216
Net opening balance, beginning balance 481,994 464,392
Insurance revenue    
Expected incurred claims and other insurance service expenses (14,340) (13,165)
Change in risk adjustment for non-financial risk expired (1,414) (1,497)
CSM recognized for services provided (2,697) (2,162)
Recovery of insurance acquisition cash flows (1,351) (853)
Contracts under PAA (6,790) (6,295)
Insurance revenue (26,592) (23,972)
Insurance service expense    
Incurred claims and other insurance service expenses 21,397 19,516
Losses and reversal of losses on onerous contracts (future service) 882 90
Changes to liabilities for incurred claims (past service) (2,605) (1,878)
Amortization of insurance acquisition cash flows 2,148 1,654
Net impairment of assets for insurance acquisition cash flows 0 0
Insurance service expense 21,822 19,382
Investment components and premium refunds 0 0
Insurance service result (4,770) (4,590)
Insurance finance (income) expenses 3,337 25,174
Effects of movements in foreign exchange rates 25,357 (9,771)
Total changes in income and OCI 23,924 10,813
Cash flows    
Premiums and premium tax received 55,437 48,381
Claims and other insurance service expenses paid, including investment components (42,433) (38,425)
Insurance acquisition cash flows (8,287) (6,920)
Total cash flows 4,717 3,036
Allocation from assets for insurance acquisition cash flows to groups of insurance contracts 0 0
Acquisition cash flows incurred in the year (193) (174)
Movements related to insurance contract liabilities for account of segregated fund holders 12,402 3,927
Net closing balance, ending balance 522,844 481,994
Closing insurance contract assets, ending balance (102) (145)
Closing insurance contract liabilities, ending balance 396,401 367,996
Closing insurance contract liabilities for account of segregated fund holders, ending balance 126,545 114,143
Insurance finance (income) expenses    
Insurance finance (income) expenses, per disclosure above 3,337 25,174
Insurance finance (income) expenses, per disclosure in note 6 (f) 6,631 24,992
Insurance contracts issued | Assets for insurance acquisition cash flows    
Changes in insurance contracts for reconciliation by remaining coverage and incurred claims [abstract]    
Opening insurance contract assets, beginning balance 0  
Opening insurance contract liabilities, beginning balance (820)  
Opening insurance contract liabilities for account of segregated fund holders, beginning balance 0  
Net opening balance, beginning balance (820)  
Cash flows    
Net closing balance, ending balance (878) (820)
Closing insurance contract assets, ending balance (11) 0
Closing insurance contract liabilities, ending balance (867) (820)
Closing insurance contract liabilities for account of segregated fund holders, ending balance 0 0
Insurance contracts issued | Cash flow hedges    
Insurance finance (income) expenses    
Reclassification of derivative (52) 3
Insurance contracts issued | Fair value hedges    
Insurance finance (income) expenses    
Reclassification of derivative 3,346 (185)
Insurance contracts issued | Liabilities for remaining coverage, excluding loss component    
Changes in insurance contracts for reconciliation by remaining coverage and incurred claims [abstract]    
Opening insurance contract assets, beginning balance (201) (659)
Opening insurance contract liabilities, beginning balance 351,045 336,981
Opening insurance contract liabilities for account of segregated fund holders, beginning balance 114,143 110,216
Net opening balance, beginning balance 464,987 446,538
Insurance revenue    
Expected incurred claims and other insurance service expenses (14,340) (13,165)
Change in risk adjustment for non-financial risk expired (1,414) (1,497)
CSM recognized for services provided (2,697) (2,162)
Recovery of insurance acquisition cash flows (1,351) (853)
Contracts under PAA (6,790) (6,295)
Insurance revenue (26,592) (23,972)
Insurance service expense    
Incurred claims and other insurance service expenses 0 0
Losses and reversal of losses on onerous contracts (future service) 0 0
Changes to liabilities for incurred claims (past service) 0 0
Amortization of insurance acquisition cash flows 2,148 1,654
Net impairment of assets for insurance acquisition cash flows 0 0
Insurance service expense 2,148 1,654
Investment components and premium refunds (23,554) (19,080)
Insurance service result (47,998) (41,398)
Insurance finance (income) expenses 2,645 24,268
Effects of movements in foreign exchange rates 24,962 (9,657)
Total changes in income and OCI (20,391) (26,787)
Cash flows    
Premiums and premium tax received 55,437 48,381
Claims and other insurance service expenses paid, including investment components 0 0
Insurance acquisition cash flows (8,287) (6,920)
Total cash flows 47,150 41,461
Allocation from assets for insurance acquisition cash flows to groups of insurance contracts (156) (152)
Acquisition cash flows incurred in the year 0 0
Movements related to insurance contract liabilities for account of segregated fund holders 12,402 3,927
Net closing balance, ending balance 503,992 464,987
Closing insurance contract assets, ending balance (153) (201)
Closing insurance contract liabilities, ending balance 377,600 351,045
Closing insurance contract liabilities for account of segregated fund holders, ending balance 126,545 114,143
Insurance finance (income) expenses    
Insurance finance (income) expenses, per disclosure above 2,645 24,268
Insurance contracts issued | Liabilities for remaining coverage, loss component    
Changes in insurance contracts for reconciliation by remaining coverage and incurred claims [abstract]    
Opening insurance contract assets, beginning balance 0 0
Opening insurance contract liabilities, beginning balance 1,092 1,328
Opening insurance contract liabilities for account of segregated fund holders, beginning balance 0 0
Net opening balance, beginning balance 1,092 1,328
Insurance revenue    
Expected incurred claims and other insurance service expenses 0 0
Change in risk adjustment for non-financial risk expired 0 0
CSM recognized for services provided 0 0
Recovery of insurance acquisition cash flows 0 0
Contracts under PAA 0 0
Insurance revenue 0 0
Insurance service expense    
Incurred claims and other insurance service expenses (105) (320)
Losses and reversal of losses on onerous contracts (future service) 882 90
Changes to liabilities for incurred claims (past service) 0 0
Amortization of insurance acquisition cash flows 0 0
Net impairment of assets for insurance acquisition cash flows 0 0
Insurance service expense 777 (230)
Investment components and premium refunds 0 0
Insurance service result 777 (230)
Insurance finance (income) expenses 44 32
Effects of movements in foreign exchange rates 115 (38)
Total changes in income and OCI 936 (236)
Cash flows    
Premiums and premium tax received 0 0
Claims and other insurance service expenses paid, including investment components 0 0
Insurance acquisition cash flows 0 0
Total cash flows 0 0
Allocation from assets for insurance acquisition cash flows to groups of insurance contracts 0 0
Acquisition cash flows incurred in the year 0 0
Movements related to insurance contract liabilities for account of segregated fund holders 0 0
Net closing balance, ending balance 2,028 1,092
Closing insurance contract assets, ending balance 5 0
Closing insurance contract liabilities, ending balance 2,023 1,092
Closing insurance contract liabilities for account of segregated fund holders, ending balance 0 0
Insurance finance (income) expenses    
Insurance finance (income) expenses, per disclosure above 44 32
Insurance contracts issued | Liabilities for incurred claims | Products not under PAA    
Changes in insurance contracts for reconciliation by remaining coverage and incurred claims [abstract]    
Opening insurance contract assets, beginning balance 56 7
Opening insurance contract liabilities, beginning balance 5,609 5,857
Opening insurance contract liabilities for account of segregated fund holders, beginning balance 0 0
Net opening balance, beginning balance 5,665 5,864
Insurance revenue    
Expected incurred claims and other insurance service expenses 0 0
Change in risk adjustment for non-financial risk expired 0 0
CSM recognized for services provided 0 0
Recovery of insurance acquisition cash flows 0 0
Contracts under PAA 0 0
Insurance revenue 0 0
Insurance service expense    
Incurred claims and other insurance service expenses 13,855 13,446
Losses and reversal of losses on onerous contracts (future service) 0 0
Changes to liabilities for incurred claims (past service) (12) (31)
Amortization of insurance acquisition cash flows 0 0
Net impairment of assets for insurance acquisition cash flows 0 0
Insurance service expense 13,843 13,415
Investment components and premium refunds 20,835 17,148
Insurance service result 34,678 30,563
Insurance finance (income) expenses (85) 15
Effects of movements in foreign exchange rates 272 (71)
Total changes in income and OCI 34,865 30,507
Cash flows    
Premiums and premium tax received 0 0
Claims and other insurance service expenses paid, including investment components (34,776) (30,706)
Insurance acquisition cash flows 0 0
Total cash flows (34,776) (30,706)
Allocation from assets for insurance acquisition cash flows to groups of insurance contracts 0 0
Acquisition cash flows incurred in the year 0 0
Movements related to insurance contract liabilities for account of segregated fund holders 0 0
Net closing balance, ending balance 5,754 5,665
Closing insurance contract assets, ending balance 56 56
Closing insurance contract liabilities, ending balance 5,698 5,609
Closing insurance contract liabilities for account of segregated fund holders, ending balance 0 0
Insurance finance (income) expenses    
Insurance finance (income) expenses, per disclosure above (85) 15
Insurance contracts issued | Liabilities for incurred claims | PAA | PAA Estimates of PV of future cash flows    
Changes in insurance contracts for reconciliation by remaining coverage and incurred claims [abstract]    
Opening insurance contract assets, beginning balance 0 (12)
Opening insurance contract liabilities, beginning balance 10,445 10,877
Opening insurance contract liabilities for account of segregated fund holders, beginning balance 0 0
Net opening balance, beginning balance 10,445 10,865
Insurance revenue    
Expected incurred claims and other insurance service expenses 0 0
Change in risk adjustment for non-financial risk expired 0 0
CSM recognized for services provided 0 0
Recovery of insurance acquisition cash flows 0 0
Contracts under PAA 0 0
Insurance revenue 0 0
Insurance service expense    
Incurred claims and other insurance service expenses 7,423 6,136
Losses and reversal of losses on onerous contracts (future service) 0 0
Changes to liabilities for incurred claims (past service) (2,391) (1,605)
Amortization of insurance acquisition cash flows 0 0
Net impairment of assets for insurance acquisition cash flows 0 0
Insurance service expense 5,032 4,531
Investment components and premium refunds 2,719 1,932
Insurance service result 7,751 6,463
Insurance finance (income) expenses 689 848
Effects of movements in foreign exchange rates 29 (12)
Total changes in income and OCI 8,469 7,299
Cash flows    
Premiums and premium tax received 0 0
Claims and other insurance service expenses paid, including investment components (7,657) (7,719)
Insurance acquisition cash flows 0 0
Total cash flows (7,657) (7,719)
Allocation from assets for insurance acquisition cash flows to groups of insurance contracts 0 0
Acquisition cash flows incurred in the year 0 0
Movements related to insurance contract liabilities for account of segregated fund holders 0 0
Net closing balance, ending balance 11,257 10,445
Closing insurance contract assets, ending balance 1 0
Closing insurance contract liabilities, ending balance 11,256 10,445
Closing insurance contract liabilities for account of segregated fund holders, ending balance 0 0
Insurance finance (income) expenses    
Insurance finance (income) expenses, per disclosure above 689 848
Insurance contracts issued | Liabilities for incurred claims | PAA | PAA Risk adjustment for non-financial risk    
Changes in insurance contracts for reconciliation by remaining coverage and incurred claims [abstract]    
Opening insurance contract assets, beginning balance 0 0
Opening insurance contract liabilities, beginning balance 625 602
Opening insurance contract liabilities for account of segregated fund holders, beginning balance 0 0
Net opening balance, beginning balance 625 602
Insurance revenue    
Expected incurred claims and other insurance service expenses 0 0
Change in risk adjustment for non-financial risk expired 0 0
CSM recognized for services provided 0 0
Recovery of insurance acquisition cash flows 0 0
Contracts under PAA 0 0
Insurance revenue 0 0
Insurance service expense    
Incurred claims and other insurance service expenses 224 254
Losses and reversal of losses on onerous contracts (future service) 0 0
Changes to liabilities for incurred claims (past service) (202) (242)
Amortization of insurance acquisition cash flows 0 0
Net impairment of assets for insurance acquisition cash flows 0 0
Insurance service expense 22 12
Investment components and premium refunds 0 0
Insurance service result 22 12
Insurance finance (income) expenses 44 11
Effects of movements in foreign exchange rates 0 0
Total changes in income and OCI 66 23
Cash flows    
Premiums and premium tax received 0 0
Claims and other insurance service expenses paid, including investment components 0 0
Insurance acquisition cash flows 0 0
Total cash flows 0 0
Allocation from assets for insurance acquisition cash flows to groups of insurance contracts 0 0
Acquisition cash flows incurred in the year 0 0
Movements related to insurance contract liabilities for account of segregated fund holders 0 0
Net closing balance, ending balance 691 625
Closing insurance contract assets, ending balance 0 0
Closing insurance contract liabilities, ending balance 691 625
Closing insurance contract liabilities for account of segregated fund holders, ending balance 0 0
Insurance finance (income) expenses    
Insurance finance (income) expenses, per disclosure above 44 11
Insurance contracts issued | Liabilities for incurred claims | PAA | Assets for insurance acquisition cash flows    
Changes in insurance contracts for reconciliation by remaining coverage and incurred claims [abstract]    
Opening insurance contract assets, beginning balance 0 (9)
Opening insurance contract liabilities, beginning balance (820) (796)
Opening insurance contract liabilities for account of segregated fund holders, beginning balance 0 0
Net opening balance, beginning balance (820) (805)
Insurance revenue    
Expected incurred claims and other insurance service expenses 0 0
Change in risk adjustment for non-financial risk expired 0 0
CSM recognized for services provided 0 0
Recovery of insurance acquisition cash flows 0 0
Contracts under PAA 0 0
Insurance revenue 0 0
Insurance service expense    
Incurred claims and other insurance service expenses 0 0
Losses and reversal of losses on onerous contracts (future service) 0 0
Changes to liabilities for incurred claims (past service) 0 0
Amortization of insurance acquisition cash flows 0 0
Net impairment of assets for insurance acquisition cash flows 0 0
Insurance service expense 0 0
Investment components and premium refunds 0 0
Insurance service result 0 0
Insurance finance (income) expenses 0 0
Effects of movements in foreign exchange rates (21) 7
Total changes in income and OCI (21) 7
Cash flows    
Premiums and premium tax received 0 0
Claims and other insurance service expenses paid, including investment components 0 0
Insurance acquisition cash flows 0 0
Total cash flows 0 0
Allocation from assets for insurance acquisition cash flows to groups of insurance contracts 156 152
Acquisition cash flows incurred in the year (193) (174)
Movements related to insurance contract liabilities for account of segregated fund holders 0 0
Net closing balance, ending balance (878) (820)
Closing insurance contract assets, ending balance (11) 0
Closing insurance contract liabilities, ending balance (867) (820)
Closing insurance contract liabilities for account of segregated fund holders, ending balance 0 0
Insurance finance (income) expenses    
Insurance finance (income) expenses, per disclosure above $ 0 $ 0