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Tax assets and liabilities - Deferred tax assets and liabilities (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Disclosure of deferred tax in statement of financial position and by Group's operations      
Net deferred tax (assets) liabilities at beginning of period $ 1,094 $ 999  
Deferred tax expense (income) recognised in profit or loss 303 104 $ (3)
Other movements including foreign exchange movements (25) (9)  
Net deferred tax (assets) liabilities at end of period 1,372 1,094 999
Unrealised losses or gains on investments      
Disclosure of deferred tax in statement of financial position and by Group's operations      
Net deferred tax (assets) liabilities at beginning of period 129 (129)  
Deferred tax expense (income) recognised in profit or loss 32 268  
Other movements including foreign exchange movements (13) (10)  
Net deferred tax (assets) liabilities at end of period 148 129 (129)
Balances relating to insurance and reinsurance contracts      
Disclosure of deferred tax in statement of financial position and by Group's operations      
Net deferred tax (assets) liabilities at beginning of period 1,170 1,255  
Deferred tax expense (income) recognised in profit or loss 260 (87)  
Other movements including foreign exchange movements (22) 2  
Net deferred tax (assets) liabilities at end of period 1,408 1,170 1,255
Short-term temporary differences      
Disclosure of deferred tax in statement of financial position and by Group's operations      
Net deferred tax (assets) liabilities at beginning of period (94) (96)  
Deferred tax expense (income) recognised in profit or loss 28 2  
Other movements including foreign exchange movements 6    
Net deferred tax (assets) liabilities at end of period (60) (94) (96)
Unused tax losses      
Disclosure of deferred tax in statement of financial position and by Group's operations      
Net deferred tax (assets) liabilities at beginning of period (111) (31)  
Deferred tax expense (income) recognised in profit or loss (17) (79)  
Other movements including foreign exchange movements 4 (1)  
Net deferred tax (assets) liabilities at end of period $ (124) $ (111) $ (31)