Definity erodes aggregate reinsurance treaty as Q3 catastrophe losses hit $122m

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Reinsurance News - Oct 06, 2023

Canadian property and casualty insurer, Definity Financial Corporation, has reported estimated catastrophe losses for Q3 2023 of $122 million, with events in the quarter leading to the full erosion of its catastrophe aggregate reinsurance treaty limit for the year. The company warns that the estimat...

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