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Insurance business - Movements in carrying amounts of insurance contracts - analysis by measurement component (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Disclosure of reconciliation of changes in insurance contracts by components [line items]    
Opening assets $ (252) $ (136)
Opening liabilities 120,851 108,816
Insurance contracts liability (asset) opening balance 120,599 108,680
Changes that relate to current services    
Contractual service margin recognised for services provided (1,331) (1,126)
Change in risk adjustment for non-financial risk expired (66) (36)
Experience adjustments (12) 9
Other movements recognised in insurance service result (3) (36)
Changes that relate to future services    
Contracts initially recognised in the year 35 44
Changes in estimates that adjust the contractual service margin 0 0
Changes in estimates that result in losses and reversal of losses on onerous contracts 88 65
Adjustments to liabilities for incurred claims (21) 2
Insurance service result (1,310) (1,078)
Net finance expense from insurance contracts 6,169 8,300
Other movements recognised in the statement of profit or loss 0 277
Effect of movements in exchange rates (1,275) 980
Total changes in the consolidated income statement and statement of comprehensive income 3,584 8,479
Cash flows    
Premiums received 18,392 13,872
Claims, other insurance service expenses paid and other cash flows (10,524) (9,628)
Insurance acquisition cash flows (1,095) (804)
Total cash flows 6,773 3,440
Other movements (23,459) 0
Insurance contracts liability (asset) closing balance 107,497 120,599
Closing assets (132) (252)
Closing liabilities 107,629 120,851
Decrease through subsidiaries classified as held for sale 21,811  
Amounts recognised in profit or loss    
Changes that relate to future services    
Net finance expense from insurance contracts 5,978 7,809
Amounts recognised in OCI    
Changes that relate to future services    
Net finance expense from insurance contracts 191 491
Life direct participating and investment DPF contracts    
Disclosure of reconciliation of changes in insurance contracts by components [line items]    
Opening assets (13) (5)
Opening liabilities 117,037 105,145
Insurance contracts liability (asset) opening balance 117,024 105,140
Changes that relate to current services    
Contractual service margin recognised for services provided (1,143) (975)
Change in risk adjustment for non-financial risk expired (46) (21)
Experience adjustments (82) 21
Other movements recognised in insurance service result (3) (36)
Changes that relate to future services    
Contracts initially recognised in the year 16 13
Changes in estimates that adjust the contractual service margin 0 0
Changes in estimates that result in losses and reversal of losses on onerous contracts 34 19
Adjustments to liabilities for incurred claims 6 1
Insurance service result (1,218) (978)
Net finance expense from insurance contracts 5,761 8,042
Other movements recognised in the statement of profit or loss 0 294
Effect of movements in exchange rates (1,176) 949
Total changes in the consolidated income statement and statement of comprehensive income 3,367 8,307
Cash flows    
Premiums received 16,442 12,616
Claims, other insurance service expenses paid and other cash flows (9,018) (8,517)
Insurance acquisition cash flows (835) (522)
Total cash flows 6,589 3,577
Other movements (23,580) 0
Insurance contracts liability (asset) closing balance 103,400 117,024
Closing assets (14) (13)
Closing liabilities 103,414 117,037
Life other contracts    
Disclosure of reconciliation of changes in insurance contracts by components [line items]    
Opening assets (239) (131)
Opening liabilities 3,814 3,671
Insurance contracts liability (asset) opening balance 3,575 3,540
Changes that relate to current services    
Contractual service margin recognised for services provided (188) (151)
Change in risk adjustment for non-financial risk expired (20) (15)
Experience adjustments 70 (12)
Other movements recognised in insurance service result 0 0
Changes that relate to future services    
Contracts initially recognised in the year 19 31
Changes in estimates that adjust the contractual service margin 0 0
Changes in estimates that result in losses and reversal of losses on onerous contracts 54 46
Adjustments to liabilities for incurred claims (27) 1
Insurance service result (92) (100)
Net finance expense from insurance contracts 408 258
Other movements recognised in the statement of profit or loss 0 (17)
Effect of movements in exchange rates (99) 31
Total changes in the consolidated income statement and statement of comprehensive income 217 172
Cash flows    
Premiums received 1,950 1,256
Claims, other insurance service expenses paid and other cash flows (1,506) (1,111)
Insurance acquisition cash flows (260) (282)
Total cash flows 184 (137)
Other movements 121 0
Insurance contracts liability (asset) closing balance 4,097 3,575
Closing assets (118) (239)
Closing liabilities 4,215 3,814
Estimates of present value of future cash flows and risk adjustment    
Changes that relate to future services    
Changes in estimates that adjust the contractual service margin 921 750
Estimates of present value of future cash flows and risk adjustment | Life direct participating and investment DPF contracts    
Disclosure of reconciliation of changes in insurance contracts by components [line items]    
Opening assets (30) (18)
Opening liabilities 106,440 96,174
Insurance contracts liability (asset) opening balance 106,410 96,156
Changes that relate to current services    
Contractual service margin recognised for services provided 0 0
Change in risk adjustment for non-financial risk expired (46) (21)
Experience adjustments (82) 21
Other movements recognised in insurance service result 0 (36)
Changes that relate to future services    
Contracts initially recognised in the year (2,384) (1,606)
Changes in estimates that adjust the contractual service margin (914) (771)
Changes in estimates that result in losses and reversal of losses on onerous contracts 34 19
Adjustments to liabilities for incurred claims 6 1
Insurance service result (3,386) (2,393)
Net finance expense from insurance contracts 5,761 8,042
Other movements recognised in the statement of profit or loss 0 145
Effect of movements in exchange rates (1,167) 883
Total changes in the consolidated income statement and statement of comprehensive income 1,208 6,677
Cash flows    
Premiums received 16,442 12,616
Claims, other insurance service expenses paid and other cash flows (9,018) (8,517)
Insurance acquisition cash flows (835) (522)
Total cash flows 6,589 3,577
Other movements (22,736) 0
Insurance contracts liability (asset) closing balance 91,471 106,410
Closing assets (27) (30)
Closing liabilities 91,498 106,440
Estimates of present value of future cash flows and risk adjustment | Life direct participating and investment DPF contracts | Economic factors    
Changes that relate to future services    
Changes in estimates that adjust the contractual service margin 651 233
Estimates of present value of future cash flows and risk adjustment | Life direct participating and investment DPF contracts | Non-economic factors    
Changes that relate to future services    
Changes in estimates that adjust the contractual service margin 270 517
Estimates of present value of future cash flows and risk adjustment | Life other contracts    
Disclosure of reconciliation of changes in insurance contracts by components [line items]    
Opening assets (339) (308)
Opening liabilities 3,113 3,162
Insurance contracts liability (asset) opening balance 2,774 2,854
Changes that relate to current services    
Contractual service margin recognised for services provided 0 0
Change in risk adjustment for non-financial risk expired (20) (15)
Experience adjustments 70 (12)
Other movements recognised in insurance service result 0 0
Changes that relate to future services    
Contracts initially recognised in the year (201) (176)
Changes in estimates that adjust the contractual service margin (7) 21
Changes in estimates that result in losses and reversal of losses on onerous contracts 54 46
Adjustments to liabilities for incurred claims (27) 1
Insurance service result (131) (135)
Net finance expense from insurance contracts 380 235
Other movements recognised in the statement of profit or loss 0 (43)
Effect of movements in exchange rates (50) 0
Total changes in the consolidated income statement and statement of comprehensive income 199 57
Cash flows    
Premiums received 1,950 1,256
Claims, other insurance service expenses paid and other cash flows (1,506) (1,111)
Insurance acquisition cash flows (260) (282)
Total cash flows 184 (137)
Other movements 153 0
Insurance contracts liability (asset) closing balance 3,310 2,774
Closing assets (359) (339)
Closing liabilities 3,669 3,113
Contracts under the fair value approach | Life direct participating and investment DPF contracts    
Disclosure of reconciliation of changes in insurance contracts by components [line items]    
Opening assets 3 3
Opening liabilities 4,679 4,364
Insurance contracts liability (asset) opening balance 4,682 4,367
Changes that relate to current services    
Contractual service margin recognised for services provided (488) (188)
Change in risk adjustment for non-financial risk expired 0 0
Experience adjustments 0 0
Other movements recognised in insurance service result 52 0
Changes that relate to future services    
Contracts initially recognised in the year 0 0
Changes in estimates that adjust the contractual service margin 229 368
Changes in estimates that result in losses and reversal of losses on onerous contracts 0 0
Adjustments to liabilities for incurred claims 0 0
Insurance service result (207) 180
Net finance expense from insurance contracts 0 0
Other movements recognised in the statement of profit or loss 0 133
Effect of movements in exchange rates 51 2
Total changes in the consolidated income statement and statement of comprehensive income (156) 315
Cash flows    
Premiums received 0 0
Claims, other insurance service expenses paid and other cash flows 0 0
Insurance acquisition cash flows 0 0
Total cash flows 0 0
Other movements (23) 0
Insurance contracts liability (asset) closing balance 4,503 4,682
Closing assets 3 3
Closing liabilities 4,500 4,679
Contracts under the fair value approach | Life other contracts    
Disclosure of reconciliation of changes in insurance contracts by components [line items]    
Opening assets 36 86
Opening liabilities 361 325
Insurance contracts liability (asset) opening balance 397 411
Changes that relate to current services    
Contractual service margin recognised for services provided (77) (69)
Change in risk adjustment for non-financial risk expired 0 0
Experience adjustments 0 0
Other movements recognised in insurance service result 0 0
Changes that relate to future services    
Contracts initially recognised in the year 0 0
Changes in estimates that adjust the contractual service margin 30 26
Changes in estimates that result in losses and reversal of losses on onerous contracts 0 0
Adjustments to liabilities for incurred claims 0 0
Insurance service result (47) (43)
Net finance expense from insurance contracts 12 11
Other movements recognised in the statement of profit or loss 0 6
Effect of movements in exchange rates (11) 12
Total changes in the consolidated income statement and statement of comprehensive income (46) (14)
Cash flows    
Premiums received 0 0
Claims, other insurance service expenses paid and other cash flows 0 0
Insurance acquisition cash flows 0 0
Total cash flows 0 0
Other movements 2 0
Insurance contracts liability (asset) closing balance 353 397
Closing assets 73 36
Closing liabilities 280 361
Contracts under the modified retros- pective approach | Life direct participating and investment DPF contracts    
Disclosure of reconciliation of changes in insurance contracts by components [line items]    
Opening assets 0 0
Opening liabilities 715 792
Insurance contracts liability (asset) opening balance 715 792
Changes that relate to current services    
Contractual service margin recognised for services provided (59) (70)
Change in risk adjustment for non-financial risk expired 0 0
Experience adjustments 0 0
Other movements recognised in insurance service result 0 0
Changes that relate to future services    
Contracts initially recognised in the year 0 0
Changes in estimates that adjust the contractual service margin (6) (33)
Changes in estimates that result in losses and reversal of losses on onerous contracts 0 0
Adjustments to liabilities for incurred claims 0 0
Insurance service result (65) (103)
Net finance expense from insurance contracts 0 0
Other movements recognised in the statement of profit or loss 0 (1)
Effect of movements in exchange rates (24) 27
Total changes in the consolidated income statement and statement of comprehensive income (89) (77)
Cash flows    
Premiums received 0 0
Claims, other insurance service expenses paid and other cash flows 0 0
Insurance acquisition cash flows 0 0
Total cash flows 0 0
Other movements (626) 0
Insurance contracts liability (asset) closing balance 0 715
Closing assets 0 0
Closing liabilities 0 715
Contracts under the modified retros- pective approach | Life other contracts    
Disclosure of reconciliation of changes in insurance contracts by components [line items]    
Opening assets 0 0
Opening liabilities 19 18
Insurance contracts liability (asset) opening balance 19 18
Changes that relate to current services    
Contractual service margin recognised for services provided (6) (6)
Change in risk adjustment for non-financial risk expired 0 0
Experience adjustments 0 0
Other movements recognised in insurance service result 0 0
Changes that relate to future services    
Contracts initially recognised in the year 0 0
Changes in estimates that adjust the contractual service margin 7 6
Changes in estimates that result in losses and reversal of losses on onerous contracts 0 0
Adjustments to liabilities for incurred claims 0 0
Insurance service result 1 0
Net finance expense from insurance contracts 0 0
Other movements recognised in the statement of profit or loss 0 0
Effect of movements in exchange rates 0 1
Total changes in the consolidated income statement and statement of comprehensive income 1 1
Cash flows    
Premiums received 0 0
Claims, other insurance service expenses paid and other cash flows 0 0
Insurance acquisition cash flows 0 0
Total cash flows 0 0
Other movements (20) 0
Insurance contracts liability (asset) closing balance 0 19
Closing assets 0 0
Closing liabilities 0 19
Other contracts | Life direct participating and investment DPF contracts    
Disclosure of reconciliation of changes in insurance contracts by components [line items]    
Opening assets 14 10
Opening liabilities 5,203 3,815
Insurance contracts liability (asset) opening balance 5,217 3,825
Changes that relate to current services    
Contractual service margin recognised for services provided (596) (717)
Change in risk adjustment for non-financial risk expired 0 0
Experience adjustments 0 0
Other movements recognised in insurance service result (55) 0
Changes that relate to future services    
Contracts initially recognised in the year 2,400 1,619
Changes in estimates that adjust the contractual service margin 691 436
Changes in estimates that result in losses and reversal of losses on onerous contracts 0 0
Adjustments to liabilities for incurred claims 0 0
Insurance service result 2,440 1,338
Net finance expense from insurance contracts 0 0
Other movements recognised in the statement of profit or loss 0 17
Effect of movements in exchange rates (36) 37
Total changes in the consolidated income statement and statement of comprehensive income 2,404 1,392
Cash flows    
Premiums received 0 0
Claims, other insurance service expenses paid and other cash flows 0 0
Insurance acquisition cash flows 0 0
Total cash flows 0 0
Other movements (195) 0
Insurance contracts liability (asset) closing balance 7,426 5,217
Closing assets 10 14
Closing liabilities 7,416 5,203
Other contracts | Life other contracts    
Disclosure of reconciliation of changes in insurance contracts by components [line items]    
Opening assets 64 91
Opening liabilities 321 166
Insurance contracts liability (asset) opening balance 385 257
Changes that relate to current services    
Contractual service margin recognised for services provided (105) (76)
Change in risk adjustment for non-financial risk expired 0 0
Experience adjustments 0 0
Other movements recognised in insurance service result 0 0
Changes that relate to future services    
Contracts initially recognised in the year 220 207
Changes in estimates that adjust the contractual service margin (30) (53)
Changes in estimates that result in losses and reversal of losses on onerous contracts 0 0
Adjustments to liabilities for incurred claims 0 0
Insurance service result 85 78
Net finance expense from insurance contracts 16 12
Other movements recognised in the statement of profit or loss 0 20
Effect of movements in exchange rates (38) 18
Total changes in the consolidated income statement and statement of comprehensive income 63 128
Cash flows    
Premiums received 0 0
Claims, other insurance service expenses paid and other cash flows 0 0
Insurance acquisition cash flows 0 0
Total cash flows 0 0
Other movements (14) 0
Insurance contracts liability (asset) closing balance 434 385
Closing assets 168 64
Closing liabilities $ 266 $ 321