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


	Nine Months Ended September 30, 2026

(in millions of U.S. dollars)	Term Life		Universal Life		Whole Life		A&H		Other		Total
Balance – beginning of period	$	567	$	746	$	1,296	$	2,136	$	392	$	5,137
Capitalizations	187		80		364		589		138		1,358
Amortization expense	(123)		(64)		(56)		(217)		(27)		(487)

Other (including foreign exchange)	3		7		28		118		7		163
Balance – end of Period	$	634	$	769	$	1,632	$	2,626	$	510	$	6,171
Overseas General Insurance segment excluded from table											787
Total deferred policy acquisition costs on long-duration contracts											$	6,958
Deferred policy acquisition costs on short-duration contracts											4,464
Total deferred policy acquisition costs											$	11,422


	Nine Months Ended September 30, 2025

(in millions of U.S. dollars)	Term Life		Universal Life		Whole Life		A&H		Other		Total
Balance – beginning of period	$	469	$	722	$	870	$	1,681	$	324	$	4,066
Capitalizations	175		90		347		521		78		1,211
Amortization expense	(111)		(62)		(39)		(172)		(23)		(407)

Other (including foreign exchange)	8		5		21		33		12		79
Balance – end of period	$	541	$	755	$	1,199	$	2,063	$	391	$	4,949
Overseas General Insurance segment excluded from table											663
Total deferred policy acquisition costs on long-duration contracts											$	5,612
Deferred policy acquisition costs on short-duration contracts											4,197
Total deferred policy acquisition costs											$	9,809