Definity Financial Corporation announced that catastrophe losses in the third quarter of 2023 would negatively impact operating income by approximately $122 million net of reinsurance recoveries and inclusive of reinstatement premiums (or approximately $0.77 per common share, net of taxes). This is largely in line with Definity's September 5, 2023 announcement regarding estimated catastrophe losses in July and August 2023.
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5-day change | 1st Jan Change | ||
42.57 CAD | -0.58% | -1.07% | +13.40% |
May. 29 | Definity Financial Renews Normal Course Issuer Bid | MT |
May. 29 | Definity Financial Brief: Renewing Normal Course Issuer Bid | MT |
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1st Jan change | Capi. | |
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+13.40% | 3.59B | |
+52.45% | 65.96B | |
+9.42% | 49.2B | |
+9.46% | 47.75B | |
+14.34% | 42.24B | |
+35.72% | 37.7B | |
+67.69% | 31B | |
+7.57% | 28.7B | |
+23.81% | 25.25B | |
+0.03% | 21.01B |
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- Definity Financial Corporation Releases Estimate of Financial Impact from Catastrophe Losses for the Third Quarter of 2023