Financial Performance and Risk Management Overview slide image

Financial Performance and Risk Management Overview

DEFINITY IS A LEADING CANADIAN P&C INSURER We are a personal and commercial P&C insurer offering auto, property, liability, pet, and specialty insurance solutions through multiple distribution channels Over 150 Years of Operations in Canada $3.7B IN GROSS WRITTEN PREMIUMS FOR FY2022 (2) 6th Largest P&C Insurance Carrier in Canada(1) Deeply Engaged Team ~3,500 employees in 15 regional offices and a national network of over 600 independent brokerage firms Passion for Innovation Demonstrated by Award-winning Digital Platforms Profitable Growth GWP (3) CAGR of 13% and Underwriting Income (4) Improvement of ~$310M in 2019-2022 Personal Property 28% Commercial Lines 29% Personal Auto 43% B.C. Alberta & Prairies 15% 11% Quebec 9% Atlantic 8% Broker 88% Direct 12% Ontario 57% 1. Market share of Canadian P&C insurance industry DWP of $73.2 billion (excluding ICBC, Lloyds, SAF, CGMC, Genworth and Green Shield) for the twelve months ended December 31, 2022, based on MSA Research Inc. data. 2. GWP breakdown is provided for 12 months ended December 31, 2022, by business line, distribution channel, and region. Under IFRS 17. 3. Restated under current GWP definition. 4. Under IFRS 4. This is a supplementary financial measure, non-GAAP financial measure, or a non-GAAP ratio. Refer to Supplementary Financial Measures and Non-GAAP Financial Measures and Ratios advisory and Section 12 - Supplementary financial measures and non-GAAP financial measures and ratios in the Q1-2023 MD&A for further details. definity 4
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