Deferred acquisition costs (Tables)

9 Months Ended

Sep. 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:

	Nine Months Ended September 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	118		85		102		392		25		722
Amortization expense	(74)		(57)		(16)		(100)		(15)		(262)
Other (including foreign exchange)	8		(20)		7		(13)		(4)		(22)
Balance - end of period	$	372	$	784	$	488	$	1,181	$	127	$	2,952
Overseas General Insurance segment excluded from table											621
Total deferred acquisition costs on long-duration contracts											$	3,573

	Nine Months Ended September 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	111		95		46		166		39		457
Amortization expense	(56)		(55)		(14)		(72)		(16)		(213)
Other (including foreign exchange)	(2)		(50)		(16)		(20)		(14)		(102)
Balance - end of period	$	299	$	761	$	350	$	819	$	117	$	2,346
Overseas General Insurance segment excluded from table											633
Total deferred acquisition costs on long-duration contracts											$	2,979