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DEFINITY RELEASES ESTIMATE OF FINANCIAL IMPACT FROM CATASTROPHE LOSSES FOR THE THIRD QUARTER OF 2024

Newswire.ca - Thu Oct 10, 4:01PM CDT

WATERLOO, ON, Oct. 10, 2024 /CNW/ - Definity Financial Corporation (TSX: DFY) today announced that catastrophe losses in the third quarter of 2024 would negatively impact operating income by approximately $170 million net of reinsurance recoveries, or approximately $1.09 per common share, net of taxes and reinsurance.

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