Annual Report

Overview

The report presents Definity's record 2024 financial performance, including $4.4 billion in gross written premiums, a 94.5% combined ratio, and 10.6% operating ROE. It highlights a 25% reduction in location-based Scope 1 and 2 emissions relative to 2019 and a 2040 net-zero objective covering operations and specified investments. Definity became the first Canadian P&C insurer to sign the UN Women's Empowerment Principles and reported an AAA MSCI ESG Rating. Charitable giving exceeded $4 million, while women held 26% of VP+ leadership roles.

Document

Report type: Annual Report
Class: Financial
Scope: Full report
Fiscal year: 2024
Period: Ends 31 December 2024
Language: English
Pages
File size
Restatement: Disclosed

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