XML 200 R165.htm IDEA: XBRL DOCUMENT v3.20.4
Segmented Information - Summary of Results by Segments (Detail) - CAD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Disclosure of operating segments [line items]    
Net premium income $ 32,917 $ 35,578
Net investment income (loss) 35,400 33,593
Other revenue 10,591 10,399
Total revenue 78,908 79,570
Net benefits and claims 55,235 55,915
Interest expense 1,181 1,319
Other expenses 15,721 16,116
Total contract benefits and expenses 72,137 73,350
Income (loss) before income taxes 6,771 6,220
Income tax recovery (expense) (1,195) (718)
Net income (loss) 5,576 5,502
Non-controlling interests 250 233
Participating policyholders (545) (333)
Net income (loss) attributed to shareholders 5,871 5,602
Total assets 880,349 809,130
Life and health insurance [Member]    
Disclosure of operating segments [line items]    
Net premium income 29,967 32,455
Net benefits and claims 44,350 47,831
Annuities and pensions [Member]    
Disclosure of operating segments [line items]    
Net premium income 2,950 3,123
Net benefits and claims 10,885 8,084
Operating segments [Member] | Asia Division [Member]    
Disclosure of operating segments [line items]    
Net premium income 20,479 20,007
Net investment income (loss) 6,630 7,451
Other revenue 1,346 1,215
Total revenue 28,455 28,673
Net benefits and claims 21,427 21,065
Interest expense 269 236
Other expenses 5,123 5,148
Total contract benefits and expenses 26,819 26,449
Income (loss) before income taxes 1,636 2,224
Income tax recovery (expense) (233) (277)
Net income (loss) 1,403 1,947
Non-controlling interests 250 228
Participating policyholders (609) (216)
Net income (loss) attributed to shareholders 1,762 1,935
Total assets 145,801 127,367
Operating segments [Member] | Asia Division [Member] | Life and health insurance [Member]    
Disclosure of operating segments [line items]    
Net premium income 17,983 17,107
Net benefits and claims 17,997 17,975
Operating segments [Member] | Asia Division [Member] | Annuities and pensions [Member]    
Disclosure of operating segments [line items]    
Net premium income 2,496 2,900
Net benefits and claims 3,430 3,090
Operating segments [Member] | Canadian Division [Member]    
Disclosure of operating segments [line items]    
Net premium income 9,167 9,075
Net investment income (loss) 8,458 9,446
Other revenue 1,013 1,088
Total revenue 18,638 19,609
Net benefits and claims 14,765 14,884
Interest expense 342 508
Other expenses 3,141 3,237
Total contract benefits and expenses 18,248 18,629
Income (loss) before income taxes 390 980
Income tax recovery (expense) (131) 25
Net income (loss) 259 1,005
Participating policyholders 64 (117)
Net income (loss) attributed to shareholders 195 1,122
Total assets 167,236 159,042
Operating segments [Member] | Canadian Division [Member] | Life and health insurance [Member]    
Disclosure of operating segments [line items]    
Net premium income 8,833 8,714
Net benefits and claims 10,385 10,572
Operating segments [Member] | Canadian Division [Member] | Annuities and pensions [Member]    
Disclosure of operating segments [line items]    
Net premium income 334 361
Net benefits and claims 4,380 4,312
Operating segments [Member] | US Division [Member]    
Disclosure of operating segments [line items]    
Net premium income 3,131 6,384
Net investment income (loss) 17,519 15,556
Other revenue 2,711 2,654
Total revenue 23,361 24,594
Net benefits and claims 19,028 19,919
Interest expense 54 43
Other expenses 2,714 2,944
Total contract benefits and expenses 21,796 22,906
Income (loss) before income taxes 1,565 1,688
Income tax recovery (expense) (296) (260)
Net income (loss) 1,269 1,428
Net income (loss) attributed to shareholders 1,269 1,428
Total assets 288,814 274,993
Operating segments [Member] | US Division [Member] | Life and health insurance [Member]    
Disclosure of operating segments [line items]    
Net premium income 3,011 6,522
Net benefits and claims 16,099 19,320
Operating segments [Member] | US Division [Member] | Annuities and pensions [Member]    
Disclosure of operating segments [line items]    
Net premium income 120 (138)
Net benefits and claims 2,929 599
Operating segments [Member] | Global wealth and asset management [member]    
Disclosure of operating segments [line items]    
Net investment income (loss) 39 33
Other revenue 5,710 5,562
Total revenue 5,749 5,595
Net benefits and claims 146 83
Interest expense 2 6
Other expenses 4,329 4,362
Total contract benefits and expenses 4,477 4,451
Income (loss) before income taxes 1,272 1,144
Income tax recovery (expense) (172) (122)
Net income (loss) 1,100 1,022
Net income (loss) attributed to shareholders 1,100 1,022
Total assets 236,593 216,348
Operating segments [Member] | Global wealth and asset management [member] | Annuities and pensions [Member]    
Disclosure of operating segments [line items]    
Net benefits and claims 146 83
Corporate and other [member]    
Disclosure of operating segments [line items]    
Net premium income 140 112
Net investment income (loss) 2,754 1,107
Other revenue (189) (120)
Total revenue 2,705 1,099
Net benefits and claims (131) (36)
Interest expense 514 526
Other expenses 414 425
Total contract benefits and expenses 797 915
Income (loss) before income taxes 1,908 184
Income tax recovery (expense) (363) (84)
Net income (loss) 1,545 100
Non-controlling interests   5
Net income (loss) attributed to shareholders 1,545 95
Total assets 41,905 31,380
Corporate and other [member] | Life and health insurance [Member]    
Disclosure of operating segments [line items]    
Net premium income 140 112
Net benefits and claims $ (131) $ (36)