TORONTO, May 9, 2024 /CNW/ - (TSX: DFY)
(in Canadian dollars except as otherwise noted)

Highlights

Executive Messages

"We ended the first quarter with book value per share of $25.40, up 10.9% from a year ago, as we continue to deliver value to shareholders. Our efforts to diversify the profitability of the business in recent years were reflected in our robust net investment income and ongoing contributions from the significant expansion of our broker distribution platform, both of which met our expectations for a first quarter. These results combined with solid underwriting income to generate an operating return on equity of 9.4% over the past 12 months. With substantial financial capacity, exceeding $1.3 billion, there is significant flexibility available to support the ongoing growth of our business."
– Rowan Saunders, President & CEO