Definity erodes aggregate reinsurance treaty as Q3 catastrophe losses hit CAD122m
Reinsurance News - Oct 06, 2023
Canadian property and casualty insurer, Definity Financial Corporation, has reported estimated catastrophe losses for Q3 2023 of CAD122 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 estim...
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