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Insurance Contract Liabilities and Investment Contract Liabilities - Changes in Insurance Contract Liabilities and Reinsurance Assets (Details) - CAD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Insurance contract liabilities    
Insurance contract liabilities, beginning balance $ 147,811  
Insurance contract liabilities, change in balances on in-force policies (15,530) $ (1,642)
Insurance contract liabilities, balances arising from new policies 3,473 3,948
Insurance contract liabilities, method and assumption changes 950 131
Investment contract liabilities, increase (decrease) in Insurance contract liabilities and Reinsurance assets (11,107) 2,437
Insurance contract liabilities, other changes (2) 0
Insurance contract liabilities, foreign exchange rate movements 2,838 (499)
Insurance contract liabilities, ending balance 140,418 147,811
Reinsurance assets    
Reinsurance assets, beginning balance 3,683  
Reinsurance assets, change in balances on in-force policies (137) (18)
Reinsurance assets, change in balances arising from new policies 81 74
Reinsurance assets, method and assumption changes 1,007 (142)
Reinsurance assets, increase (decrease) in Insurance contract liabilities and Reinsurance assets 951 (86)
Reinsurance assets, other changes 0 (109)
Reinsurance assets, foreign exchange rate movements 213 (26)
Reinsurance assets, ending balance 4,801 3,683
Net    
Net insurance contract liabilities and reinsurance assets, beginning balance 144,128  
Net change in balances on in-force policies (15,393) (1,624)
Net balance arising from new policies 3,392 3,874
Net method and assumption change (57) 273
Net increase (decrease) in insurance contract liabilities and reinsurance assets (12,058) 2,523
Net other (2) 109
Net foreign exchange rate movement 2,625 (473)
Net insurance contract liabilities and reinsurance assets, ending balance 135,617 144,128
Balances before Other policy liabilities and assets    
Insurance contract liabilities    
Insurance contract liabilities, beginning balance 139,671 137,733
Insurance contract liabilities, ending balance 131,400 139,671
Reinsurance assets    
Reinsurance assets, beginning balance 2,905 3,126
Reinsurance assets, ending balance 4,069 2,905
Net    
Net insurance contract liabilities and reinsurance assets, beginning balance 136,766 134,607
Net insurance contract liabilities and reinsurance assets, ending balance 127,331 136,766
Other policy liabilities and assets    
Insurance contract liabilities    
Insurance contract liabilities, beginning balance 8,140  
Insurance contract liabilities, ending balance 9,018 8,140
Reinsurance assets    
Reinsurance assets, beginning balance 778  
Reinsurance assets, ending balance 732 778
Net    
Net insurance contract liabilities and reinsurance assets, beginning balance 7,362  
Net insurance contract liabilities and reinsurance assets, ending balance $ 8,286 $ 7,362