Deferred acquisition costs (Tables)

3 Months Ended

Mar. 31, 2023

Deferred Policy Acquisition Costs Disclosures [Abstract]

Deferred Policy Acquisition Costs

The following tables present a roll-forward of deferred acquisitions costs on long-duration contracts included in the Life Insurance segment:

	Three Months ended March 31, 2023
(in millions of U.S. dollars)	Term Life		Universal Life		Whole Life		A&H		Other		Total
Balance – beginning of period	$	320	$	776	$	395	$	902	$	121	$	2,514
Capitalizations	36		25		24		126		3		214
Amortization expense	(24)		(19)		(5)		(30)		(5)		(83)
Other (including foreign exchange)	5		1		(1)		(7)		—		(2)
Balance - end of period	$	337	$	783	$	413	$	991	$	119	$	2,643
Overseas General Insurance segment excluded from table											643
Total deferred acquisition costs on long-duration contracts											$	3,286

	Three Months ended March 31, 2022
(in millions of U.S. dollars)	Term Life		Universal Life		Whole Life		A&H		Other		Total
Balance – beginning of period	$	246	$	771	$	334	$	745	$	108	$	2,204
Capitalizations	34		29		10		24		20		117
Amortization expense	(16)		(18)		(5)		(25)		(5)		(69)
Other (including foreign exchange)	5		(8)		(2)		—		(3)		(8)
Balance - end of period	$	269	$	774	$	337	$	744	$	120	$	2,244
Overseas General Insurance segment excluded from table											730
Total deferred acquisition costs on long-duration contracts											$	2,974