WATERLOO, ON, Sept. 5, 2023 /CNW/ - Definity Financial Corporation (TSX: DFY) today released its estimate of the financial impact to Definity arising from catastrophe losses in July and August 2023. Although the British Columbia wildfires were the single largest contributor, at least ten events reached Definity's catastrophe loss threshold in those two months.1 Other notable events included severe wind and rainstorms leading to flooding in Ontario, Quebec, and Nova Scotia, and tornados in Ontario and Quebec. Our personal property business experienced the vast majority of the losses.
Read more at newswire.caDEFINITY RELEASES ESTIMATE OF FINANCIAL IMPACT FROM CATASTROPHE LOSSES
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