XML 221 R62.htm IDEA: XBRL DOCUMENT v3.25.1
Analysis of performance by segment - Net insurance and reinsurance finance income (expense) (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Analysis of operating segments      
Net finance (expense) income from insurance contracts $ (4,154) $ (8,839) $ 28,623
Net finance income (expense) from reinsurance contracts held (338) 191 (1,193)
Accretion of interest on GMM contracts      
Analysis of operating segments      
Net finance (expense) income from insurance contracts (295) (233) (240)
Net finance income (expense) from reinsurance contracts held 109 45 45
Changes in fair value of underlying assets and other adjustments relating to VFA contracts      
Analysis of operating segments      
Net finance (expense) income from insurance contracts (3,258) (8,162) 28,498
Effect of changes in interest rates and other financial assumptions      
Analysis of operating segments      
Net finance (expense) income from insurance contracts (491) (276) 458
Net finance income (expense) from reinsurance contracts held (467) 168 (1,301)
Effect of measuring changes in estimates at current rates and adjusting the CSM at locked-in rates      
Analysis of operating segments      
Net finance (expense) income from insurance contracts 5 43 53
Net finance income (expense) from reinsurance contracts held (23) (11) 71
Net foreign exchange income (expense)      
Analysis of operating segments      
Net finance (expense) income from insurance contracts 21 12 (524)
Net finance income (expense) from reinsurance contracts held 19 (8) (1)
Other finance (expense) income from contracts      
Analysis of operating segments      
Net finance (expense) income from insurance contracts (136) (223) 378
Net finance income (expense) from reinsurance contracts held 24 (3) (7)
Effect of changes in policyholder interest in excess net assets of relevant participating funds      
Analysis of operating segments      
Net finance (expense) income from insurance contracts (110) (192) 515
Effect of changes in non-performance risk of reinsurers      
Analysis of operating segments      
Net finance income (expense) from reinsurance contracts held $ 24 $ (3) $ (7)