Deferred acquisition costs (Tables)

6 Months Ended

Jun. 30, 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:

	Six Months Ended June 30, 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	75		54		62		246		7		444
Amortization expense	(49)		(38)		(11)		(63)		(10)		(171)
Other (including foreign exchange)	10		11		10		(4)		—		27
Balance - end of period	$	356	$	803	$	456	$	1,081	$	118	$	2,814
Overseas General Insurance segment excluded from table											651
Total deferred acquisition costs on long-duration contracts											$	3,465

	Six Months Ended June 30, 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	72		58		19		50		29		228
Amortization expense	(36)		(37)		(9)		(47)		(10)		(139)
Other (including foreign exchange)	1		(27)		(8)		(8)		(9)		(51)
Balance - end of period	$	283	$	765	$	336	$	740	$	118	$	2,242
Overseas General Insurance segment excluded from table											687
Total deferred acquisition costs on long-duration contracts											$	2,929