Definity Financial Corp 2024 AR2
The report highlights Definity Financial Corporation's strong performance in 2024, achieving gross written premiums of $4.4 billion, representing an 11.1% increase year-over-year. Despite historic industry catastrophe losses, the company maintained a robust combined ratio of 94.5% and achieved an operating return on equity of 10.6%. On the sustainability front, Definity became the first Canadian property and casualty insurer to sign the UN Women's Empowerment Principles and earned an AAA MSCI ESG rating. Additionally, the company reduced its Scope 1 and 2 emissions by 25% relative to 2019 and contributed over $4 million in charitable giving.
Company: Definity Financial Corp
Sector: Financials
Country: Canada
Year: 2024
Type: AR2
Pages: 144
Definity Financial Corp
Annual Report
The report highlights Definity Financial Corporation's strong performance in 2024, achieving gross written premiums of $4.4 billion, representing an 11.1% increase year-over-year. Despite historic industry catastrophe losses, the company maintained a robust combined ratio of 94.5% and achieved an operating return on equity of 10.6%. On the sustainability front, Definity became the first Canadian property and casualty insurer to sign the UN Women's Empowerment Principles and earned an AAA MSCI ESG rating. Additionally, the company reduced its Scope 1 and 2 emissions by 25% relative to 2019 and contributed over $4 million in charitable giving.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Net Zero Target
Employees