v3.26.1
Insurance and reinsurance
9 Months Ended
Jul. 31, 2026
Text Block [Abstract]  
Insurance and reinsurance
Note 7
 
Insurance and reinsurance
Insurance service and insurance investment results
The following table provides the composition of Insurance service result and Insurance investment result for insurance contracts issued and reinsurance contracts held.
 
     For the three months ended          For the nine months ended  
(Millions of Canadian dollars)
 
July 31
2026
   
July 31
2025
        
July 31
2026
   
July 31
2025
 
Insurance service result
         
Insurance revenue
 
$
1,364
 
  $ 1,369      
$
4,104
 
  $ 4,108  
Insurance service expense
 
 
(1,106
    (1,074 )    
 
(3,341
    (3,290
Net income (expense) from reinsurance contracts held
 
 
(31
    (16 )      
 
(79
)
    (29
   
$
227
 
  $ 279        
$
684
 
  $ 789  
Insurance investment result
         
Net investment income
 
$
1,155
 
  $ 122      
$
1,337
 
  $ 747  
Insurance finance income (expense)
 
 
(1,143
    (68 )    
 
(1,182
)
    (574
Reinsurance finance income (expense)
 
 
48
 
    (6 )      
 
56
 
    35  
   
$
60
 
  $ 48        
$
211
 
  $ 208  
Insurance service and insurance investment results
 
$
287
 
  $ 327      
$
895
 
  $ 997