Insurance and Reinsurance contract Assets and Liabilities - Insurance Contracts in Analysis by Measurement Components (Detail) - CAD ($)
$ in Millions |
12 Months Ended |
Dec. 31, 2025 |
Dec. 31, 2024 |
| Changes in insurance contracts for reconciliation by components [abstract] |
|
|
| Opening insurance contract assets, beginning balance |
$ (102)
|
|
| Opening insurance contract liabilities, beginning balance |
396,401
|
|
| Opening insurance contract liabilities for account of segregated fund holders, beginning balance |
126,545
|
|
| Acquisition cash flows incurred in the year |
(698)
|
$ (878)
|
| Closing insurance contract assets, ending balance |
(194)
|
(102)
|
| Closing insurance contract liabilities, ending balance |
411,532
|
396,401
|
| Closing insurance contract liabilities for account of segregated fund holders, ending balance |
129,006
|
126,545
|
| Insurance contracts issued |
|
|
| Changes in insurance contracts for reconciliation by components [abstract] |
|
|
| Opening insurance contract assets, beginning balance |
(102)
|
(145)
|
| Opening insurance contract liabilities, beginning balance |
396,401
|
367,996
|
| Opening insurance contract liabilities for account of segregated fund holders, beginning balance |
126,545
|
114,143
|
| Net opening balance, beginning balance |
522,844
|
481,994
|
| Changes that relate to future services |
393
|
882
|
| Changes that relate to past services |
(2,683)
|
(2,605)
|
| Insurance service result |
(5,797)
|
(4,770)
|
| Insurance finance (income) expenses |
23,412
|
3,337
|
| Effects of movements in foreign exchange rates |
(14,202)
|
25,357
|
| Total changes in income and OCI |
3,413
|
23,924
|
| Total cash flows |
11,597
|
4,717
|
| Allocation from assets for insurance acquisition cash flows to groups of insurance contracts |
0
|
0
|
| Acquisition cash flows incurred in the year |
29
|
(193)
|
| Movements related to insurance contract liabilities for account of segregated fund holders |
2,461
|
12,402
|
| Net closing balance, ending balance |
540,344
|
522,844
|
| Closing insurance contract assets, ending balance |
(194)
|
(102)
|
| Closing insurance contract liabilities, ending balance |
411,532
|
396,401
|
| Closing insurance contract liabilities for account of segregated fund holders, ending balance |
129,006
|
126,545
|
| Insurance finance (income) expenses |
|
|
| Insurance finance (income) expenses, per disclosure above |
23,412
|
3,337
|
| Insurance finance (income) expenses, per disclosure in note 6 (f) |
(25,496)
|
(6,631)
|
| Insurance contracts issued | Cash flow hedges |
|
|
| Insurance finance (income) expenses |
|
|
| Reclassification of derivative |
(9)
|
(52)
|
| Insurance contracts issued | Fair value hedges |
|
|
| Insurance finance (income) expenses |
|
|
| Reclassification of derivative |
2,093
|
3,346
|
| Insurance contracts issued | CSM, Fair value |
|
|
| Changes in insurance contracts for reconciliation by components [abstract] |
|
|
| Net opening balance, beginning balance |
19,007
|
|
| Net closing balance, ending balance |
17,929
|
19,007
|
| Insurance contracts issued | Assets for insurance acquisition cash flows |
|
|
| Changes in insurance contracts for reconciliation by components [abstract] |
|
|
| Opening insurance contract assets, beginning balance |
(11)
|
|
| Opening insurance contract liabilities, beginning balance |
(867)
|
|
| Opening insurance contract liabilities for account of segregated fund holders, beginning balance |
0
|
|
| Net opening balance, beginning balance |
(878)
|
|
| Net closing balance, ending balance |
(698)
|
(878)
|
| Closing insurance contract assets, ending balance |
0
|
(11)
|
| Closing insurance contract liabilities, ending balance |
(698)
|
(867)
|
| Closing insurance contract liabilities for account of segregated fund holders, ending balance |
0
|
0
|
| Analysis by measurement components | Insurance contracts issued |
|
|
| Changes in insurance contracts for reconciliation by components [abstract] |
|
|
| Opening insurance contract assets, beginning balance |
(98)
|
(144)
|
| Opening insurance contract liabilities, beginning balance |
383,322
|
355,418
|
| Opening PAA insurance contract net liabilities, beginning balance |
13,075
|
12,577
|
| Opening insurance contract liabilities for account of segregated fund holders, beginning balance |
126,545
|
114,143
|
| Net opening balance, beginning balance |
522,844
|
481,994
|
| CSM recognized for services provided |
(3,130)
|
(2,697)
|
| Change in risk adjustment for non-financial risk for risk expired |
(1,418)
|
(1,430)
|
| Experience adjustments |
(551)
|
(532)
|
| Changes that relate to current services |
(5,099)
|
(4,659)
|
| Contracts initially recognized during the year |
81
|
104
|
| Changes in estimates that adjust the CSM |
0
|
0
|
| Changes in estimates that relate to losses and reversal of losses on onerous contracts |
332
|
777
|
| Changes that relate to future services |
413
|
881
|
| Adjustments to liabilities for incurred claims |
66
|
(12)
|
| Changes that relate to past services |
66
|
(12)
|
| Insurance service result |
(4,620)
|
(3,790)
|
| Insurance finance (income) expenses |
22,830
|
2,612
|
| Effects of movements in foreign exchange rates |
(14,127)
|
25,296
|
| Total changes in income and OCI |
4,083
|
24,118
|
| Total cash flows |
10,436
|
3,840
|
| Allocation from assets for insurance acquisition cash flows to groups of insurance contracts |
0
|
0
|
| Acquisition cash flows incurred in the year |
(5)
|
(8)
|
| Change in PAA balance |
525
|
498
|
| Movements related to insurance contract liabilities for account of segregated fund holders |
2,461
|
12,402
|
| Net closing balance, ending balance |
540,344
|
522,844
|
| Closing insurance contract assets, ending balance |
(194)
|
(98)
|
| Closing insurance contract liabilities, ending balance |
397,932
|
383,322
|
| Closing PAA insurance contract net liabilities, ending balance |
13,600
|
13,075
|
| Closing insurance contract liabilities for account of segregated fund holders, ending balance |
129,006
|
126,545
|
| Insurance finance (income) expenses |
|
|
| Insurance finance (income) expenses, per disclosure above |
22,830
|
2,612
|
| Analysis by measurement components | Insurance contracts issued | PAA |
|
|
| Changes in insurance contracts for reconciliation by components [abstract] |
|
|
| Insurance finance (income) expenses |
582
|
725
|
| Insurance finance (income) expenses |
|
|
| Insurance finance (income) expenses, per disclosure above |
582
|
725
|
| Insurance finance (income) expenses, per disclosure in note 6 (f) |
25,496
|
6,631
|
| Analysis by measurement components | Insurance contracts issued | Cash flow hedges |
|
|
| Insurance finance (income) expenses |
|
|
| Reclassification of derivative |
(9)
|
(52)
|
| Analysis by measurement components | Insurance contracts issued | Cash flow hedges | PAA |
|
|
| Insurance finance (income) expenses |
|
|
| Reclassification of derivative |
0
|
0
|
| Analysis by measurement components | Insurance contracts issued | Fair value hedges |
|
|
| Insurance finance (income) expenses |
|
|
| Reclassification of derivative |
1,908
|
3,333
|
| Analysis by measurement components | Insurance contracts issued | Fair value hedges | PAA |
|
|
| Insurance finance (income) expenses |
|
|
| Reclassification of derivative |
185
|
13
|
| Analysis by measurement components | Insurance contracts issued | Estimates of PV of future cash flows |
|
|
| Changes in insurance contracts for reconciliation by components [abstract] |
|
|
| Opening insurance contract assets, beginning balance |
(490)
|
(416)
|
| Opening insurance contract liabilities, beginning balance |
334,706
|
310,807
|
| Opening PAA insurance contract net liabilities, beginning balance |
13,201
|
12,712
|
| Opening insurance contract liabilities for account of segregated fund holders, beginning balance |
126,545
|
114,143
|
| Net opening balance, beginning balance |
473,962
|
437,246
|
| CSM recognized for services provided |
0
|
0
|
| Change in risk adjustment for non-financial risk for risk expired |
0
|
0
|
| Experience adjustments |
(551)
|
(532)
|
| Changes that relate to current services |
(551)
|
(532)
|
| Contracts initially recognized during the year |
(5,322)
|
(4,043)
|
| Changes in estimates that adjust the CSM |
(3,412)
|
(459)
|
| Changes in estimates that relate to losses and reversal of losses on onerous contracts |
329
|
770
|
| Changes that relate to future services |
(8,405)
|
(3,732)
|
| Adjustments to liabilities for incurred claims |
81
|
(8)
|
| Changes that relate to past services |
81
|
(8)
|
| Insurance service result |
(8,875)
|
(4,272)
|
| Insurance finance (income) expenses |
21,158
|
2,317
|
| Effects of movements in foreign exchange rates |
(12,220)
|
21,946
|
| Total changes in income and OCI |
63
|
19,991
|
| Total cash flows |
10,436
|
3,840
|
| Allocation from assets for insurance acquisition cash flows to groups of insurance contracts |
(6)
|
(6)
|
| Acquisition cash flows incurred in the year |
0
|
0
|
| Change in PAA balance |
245
|
489
|
| Movements related to insurance contract liabilities for account of segregated fund holders |
2,461
|
12,402
|
| Net closing balance, ending balance |
487,161
|
473,962
|
| Closing insurance contract assets, ending balance |
(474)
|
(490)
|
| Closing insurance contract liabilities, ending balance |
345,183
|
334,706
|
| Closing PAA insurance contract net liabilities, ending balance |
13,446
|
13,201
|
| Closing insurance contract liabilities for account of segregated fund holders, ending balance |
129,006
|
126,545
|
| Insurance finance (income) expenses |
|
|
| Insurance finance (income) expenses, per disclosure above |
21,158
|
2,317
|
| Analysis by measurement components | Insurance contracts issued | Risk adjustment for non-financial risk |
|
|
| Changes in insurance contracts for reconciliation by components [abstract] |
|
|
| Opening insurance contract assets, beginning balance |
144
|
141
|
| Opening insurance contract liabilities, beginning balance |
22,160
|
22,697
|
| Opening PAA insurance contract net liabilities, beginning balance |
691
|
626
|
| Opening insurance contract liabilities for account of segregated fund holders, beginning balance |
0
|
0
|
| Net opening balance, beginning balance |
22,995
|
23,464
|
| CSM recognized for services provided |
0
|
0
|
| Change in risk adjustment for non-financial risk for risk expired |
(1,418)
|
(1,430)
|
| Experience adjustments |
0
|
0
|
| Changes that relate to current services |
(1,418)
|
(1,430)
|
| Contracts initially recognized during the year |
1,102
|
952
|
| Changes in estimates that adjust the CSM |
867
|
(1,866)
|
| Changes in estimates that relate to losses and reversal of losses on onerous contracts |
3
|
7
|
| Changes that relate to future services |
1,972
|
(907)
|
| Adjustments to liabilities for incurred claims |
(15)
|
(4)
|
| Changes that relate to past services |
(15)
|
(4)
|
| Insurance service result |
539
|
(2,341)
|
| Insurance finance (income) expenses |
1,238
|
(59)
|
| Effects of movements in foreign exchange rates |
(1,054)
|
1,866
|
| Total changes in income and OCI |
723
|
(534)
|
| Total cash flows |
0
|
0
|
| Allocation from assets for insurance acquisition cash flows to groups of insurance contracts |
0
|
0
|
| Acquisition cash flows incurred in the year |
0
|
0
|
| Change in PAA balance |
101
|
65
|
| Movements related to insurance contract liabilities for account of segregated fund holders |
0
|
0
|
| Net closing balance, ending balance |
23,819
|
22,995
|
| Closing insurance contract assets, ending balance |
92
|
144
|
| Closing insurance contract liabilities, ending balance |
22,935
|
22,160
|
| Closing PAA insurance contract net liabilities, ending balance |
792
|
691
|
| Closing insurance contract liabilities for account of segregated fund holders, ending balance |
0
|
0
|
| Insurance finance (income) expenses |
|
|
| Insurance finance (income) expenses, per disclosure above |
1,238
|
(59)
|
| Analysis by measurement components | Insurance contracts issued | CSM, Fair value |
|
|
| Changes in insurance contracts for reconciliation by components [abstract] |
|
|
| Opening insurance contract assets, beginning balance |
100
|
32
|
| Opening insurance contract liabilities, beginning balance |
18,907
|
17,381
|
| Opening PAA insurance contract net liabilities, beginning balance |
0
|
0
|
| Opening insurance contract liabilities for account of segregated fund holders, beginning balance |
0
|
0
|
| Net opening balance, beginning balance |
19,007
|
17,413
|
| CSM recognized for services provided |
(2,175)
|
(2,097)
|
| Change in risk adjustment for non-financial risk for risk expired |
0
|
0
|
| Experience adjustments |
0
|
0
|
| Changes that relate to current services |
(2,175)
|
(2,097)
|
| Contracts initially recognized during the year |
3
|
2
|
| Changes in estimates that adjust the CSM |
1,432
|
2,388
|
| Changes in estimates that relate to losses and reversal of losses on onerous contracts |
0
|
0
|
| Changes that relate to future services |
1,435
|
2,390
|
| Adjustments to liabilities for incurred claims |
0
|
0
|
| Changes that relate to past services |
0
|
0
|
| Insurance service result |
(740)
|
293
|
| Insurance finance (income) expenses |
241
|
233
|
| Effects of movements in foreign exchange rates |
(579)
|
1,068
|
| Total changes in income and OCI |
(1,078)
|
1,594
|
| Total cash flows |
0
|
0
|
| Allocation from assets for insurance acquisition cash flows to groups of insurance contracts |
0
|
0
|
| Acquisition cash flows incurred in the year |
0
|
0
|
| Change in PAA balance |
0
|
0
|
| Movements related to insurance contract liabilities for account of segregated fund holders |
0
|
0
|
| Net closing balance, ending balance |
17,929
|
19,007
|
| Closing insurance contract assets, ending balance |
87
|
100
|
| Closing insurance contract liabilities, ending balance |
17,842
|
18,907
|
| Closing PAA insurance contract net liabilities, ending balance |
0
|
0
|
| Closing insurance contract liabilities for account of segregated fund holders, ending balance |
0
|
0
|
| Insurance finance (income) expenses |
|
|
| Insurance finance (income) expenses, per disclosure above |
241
|
233
|
| Analysis by measurement components | Insurance contracts issued | CSM, Other |
|
|
| Changes in insurance contracts for reconciliation by components [abstract] |
|
|
| Opening insurance contract assets, beginning balance |
148
|
99
|
| Opening insurance contract liabilities, beginning balance |
7,610
|
4,592
|
| Opening PAA insurance contract net liabilities, beginning balance |
0
|
0
|
| Opening insurance contract liabilities for account of segregated fund holders, beginning balance |
0
|
0
|
| Net opening balance, beginning balance |
7,758
|
4,691
|
| CSM recognized for services provided |
(955)
|
(600)
|
| Change in risk adjustment for non-financial risk for risk expired |
0
|
0
|
| Experience adjustments |
0
|
0
|
| Changes that relate to current services |
(955)
|
(600)
|
| Contracts initially recognized during the year |
4,298
|
3,193
|
| Changes in estimates that adjust the CSM |
1,113
|
(63)
|
| Changes in estimates that relate to losses and reversal of losses on onerous contracts |
0
|
0
|
| Changes that relate to future services |
5,411
|
3,130
|
| Adjustments to liabilities for incurred claims |
0
|
0
|
| Changes that relate to past services |
0
|
0
|
| Insurance service result |
4,456
|
2,530
|
| Insurance finance (income) expenses |
193
|
121
|
| Effects of movements in foreign exchange rates |
(274)
|
416
|
| Total changes in income and OCI |
4,375
|
3,067
|
| Total cash flows |
0
|
0
|
| Allocation from assets for insurance acquisition cash flows to groups of insurance contracts |
0
|
0
|
| Acquisition cash flows incurred in the year |
0
|
0
|
| Change in PAA balance |
0
|
0
|
| Movements related to insurance contract liabilities for account of segregated fund holders |
0
|
0
|
| Net closing balance, ending balance |
12,133
|
7,758
|
| Closing insurance contract assets, ending balance |
100
|
148
|
| Closing insurance contract liabilities, ending balance |
12,033
|
7,610
|
| Closing PAA insurance contract net liabilities, ending balance |
0
|
0
|
| Closing insurance contract liabilities for account of segregated fund holders, ending balance |
0
|
0
|
| Insurance finance (income) expenses |
|
|
| Insurance finance (income) expenses, per disclosure above |
193
|
121
|
| Analysis by measurement components | Insurance contracts issued | Assets for insurance acquisition cash flows |
|
|
| Changes in insurance contracts for reconciliation by components [abstract] |
|
|
| Opening insurance contract assets, beginning balance |
0
|
0
|
| Opening insurance contract liabilities, beginning balance |
(61)
|
(59)
|
| Opening PAA insurance contract net liabilities, beginning balance |
(817)
|
(761)
|
| Opening insurance contract liabilities for account of segregated fund holders, beginning balance |
0
|
0
|
| Net opening balance, beginning balance |
(878)
|
(820)
|
| CSM recognized for services provided |
0
|
0
|
| Change in risk adjustment for non-financial risk for risk expired |
0
|
0
|
| Experience adjustments |
0
|
0
|
| Changes that relate to current services |
0
|
0
|
| Contracts initially recognized during the year |
0
|
0
|
| Changes in estimates that adjust the CSM |
0
|
0
|
| Changes in estimates that relate to losses and reversal of losses on onerous contracts |
0
|
0
|
| Changes that relate to future services |
0
|
0
|
| Adjustments to liabilities for incurred claims |
0
|
0
|
| Changes that relate to past services |
0
|
0
|
| Insurance service result |
0
|
0
|
| Insurance finance (income) expenses |
0
|
0
|
| Effects of movements in foreign exchange rates |
0
|
0
|
| Total changes in income and OCI |
0
|
0
|
| Total cash flows |
0
|
0
|
| Allocation from assets for insurance acquisition cash flows to groups of insurance contracts |
6
|
6
|
| Acquisition cash flows incurred in the year |
(5)
|
(8)
|
| Change in PAA balance |
179
|
(56)
|
| Movements related to insurance contract liabilities for account of segregated fund holders |
0
|
0
|
| Net closing balance, ending balance |
(698)
|
(878)
|
| Closing insurance contract assets, ending balance |
1
|
0
|
| Closing insurance contract liabilities, ending balance |
(61)
|
(61)
|
| Closing PAA insurance contract net liabilities, ending balance |
(638)
|
(817)
|
| Closing insurance contract liabilities for account of segregated fund holders, ending balance |
0
|
0
|
| Insurance finance (income) expenses |
|
|
| Insurance finance (income) expenses, per disclosure above |
$ 0
|
$ 0
|