Latest news with #DefinityFinancialCorporation
Cision Canada
15-05-2025
- Business
- Cision Canada
Definity Financial Corporation Announces Its 2025 Annual Meeting Results
WATERLOO, ON, May 15, 2025 /CNW/ - Definity Financial Corporation ("Definity") (TSX: DFY) today announced the voting results from its annual meeting of shareholders held on May 15, 2025. Shareholders voted in favour of all items of business, including the election of each of the director nominees as follows: Appointment of Auditor Election of Directors NOMINEE VOTES FOR % FOR VOTES AGAINST % AGAINST John Bowey 95,832,444 98.81 % 1,157,277 1.19 % Sonia Baxendale 96,959,737 99.97 % 29,984 0.03 % Elizabeth DelBianco 96,047,729 99.03 % 941,992 0.97 % Daniel Fortin 96,275,652 99.26 % 714,069 0.74 % Dick Freeborough 95,309,981 98.27 % 1,679,740 1.73 % Sabrina Geremia 96,944,955 99.95 % 44,766 0.05 % Micheál J. Kelly 96,273,337 99.26 % 716,384 0.74 % Robert McFarlane 96,934,827 99.94 % 54,894 0.06 % Adrian Mitchell 94,961,078 97.91 % 2,028,643 2.09 % Susan Monteith 96,275,944 99.26 % 713,777 0.74 % Rowan Saunders 96,819,418 99.82 % 170,303 0.18 % Edouard Schmid 96,172,819 99.16 % 816,902 0.84 % Michael Stramaglia 93,701,517 96.61 % 1,603,891 3.39 % Non-binding advisory vote on approach to executive compensation Final voting results on all matters voted on at the meeting have been filed on SEDAR+ at ABOUT DEFINITY FINANCIAL CORPORATION Definity Financial Corporation (which includes its subsidiaries where the context so requires) is one of the leading property and casualty insurers in Canada, with over $4.5 billion in gross written premiums for the 12 months ended March 31, 2025 and over $3.4 billion in equity attributable to common shareholders as at March 31, 2025. SOURCE Definity Financial Corporation
Cision Canada
12-05-2025
- Business
- Cision Canada
DEFINITY FINANCIAL CORPORATION RELEASES ITS ANNUAL SUSTAINABILITY REPORT AND PUBLIC ACCOUNTABILITY STATEMENT
WATERLOO, ON, May 12, 2025 /CNW/ - Today, Definity Financial Corporation (TSX: DFY) released its 2024 Sustainability Report and its 2024 Public Accountability Statement. The reports are available on the Sustainability and Corporate Citizenship section of the Company's website. As a purpose-driven sustainability leader, Definity has taken a thoughtful and proactive approach to environmental, social, and governance (ESG) topics, delivering long-term value for our employees, brokers, customers, shareholders, and communities. These efforts were recently recognized with an MSCI ESG Rating upgrade to "AAA", placing Definity among the top-ranked global P&C insurers for ESG risk management and sustainability leadership. Through its ongoing efforts to integrate sustainability into its business, Definity is working to create positive change for the environment, strengthen the resilience of communities, and contribute to more equitable outcomes in society. The 2024 Sustainability Report and Public Accountability Statement offer insights into how the company has not only embraced, but has deeply integrated sustainability, innovation, collaboration, and an ownership mindset into its business and culture. The reports detail the embedded sustainability initiatives across the company and how Definity is delivering on its climate change, people, and community commitments. Rowan Saunders, President and CEO of Definity says: "We are on a journey to be one of Canada's top five P&C insurers. To achieve this, we know it is crucial to build the long-term resilience of our business and the communities in which we live and work. We are forging a path forward as a leading Canadian insurer with a clear vision for our future and delivering on our commitments. I am pleased to share our 2024 Sustainability Report which demonstrates the progress Definity is making as we invest in building a better world." Key Highlights from the 2024 Sustainability Report Though 2024 was a challenging year for the Canadian property and casualty insurance industry as overall catastrophe losses reached an all-time high, Definity's proactive focus on enhancing climate modelling capabilities to manage exposure, inform risk selection, and support accumulation management, contributed to losses from these events being lower than Definity's natural market share. Definity's greenhouse gas emissions associated with operations (Scope 1 and 2, market-based) were 35% lower than 2019 levels, surpassing our 2025 interim target of a 30% reduction. Aligning to its commitment to donate at least 1% of net profit before taxes, 2024 marked the largest charitable giving year in Definity's over 150-year history, having donated more than $4 million to Canadian charities. These contributions help to address systemic barriers that prevent underrepresented and underserved communities from participating fully in the economy, and help Canadian communities, households, and businesses understand, prepare for, and respond to climate-related risks and impacts. Definity partnered with Dalhousie University's Mass Timber Project to support the development of a prefabricated modular housing prototype using mass timber—an environmentally friendly alternative to steel and concrete. Definity established an Indigenous Advisory Council and a Reconciliation Action Working Group to guide and advance the company's response to the Truth and Reconciliation Commission's Call to Action #92. Definity capped off the year by becoming the first P&C insurer in Canada to become a United Nations Women's Empowerment Signatory, signaling its strong commitment to advancing gender equality in the workplace, also having increased the percentage of roles held by women at Vice President and Executive Leadership Team levels by 7 percentage points since 2022. About Definity Financial Corporation Definity Financial Corporation ("Definity", which includes its subsidiaries where the context so requires) is one of the leading property and casualty insurers in Canada, with over $4.5 billion in gross written premiums for the 12 months ended March 31, 2025 and approximately $3.4 billion in equity attributable to common shareholders as at March 31, 2025. SOURCE Definity Financial Corporation
Yahoo
12-05-2025
- Business
- Yahoo
DEFINITY FINANCIAL CORPORATION RELEASES ITS ANNUAL SUSTAINABILITY REPORT AND PUBLIC ACCOUNTABILITY STATEMENT
WATERLOO, ON, May 9, 2025 /CNW/ - Today, Definity Financial Corporation (TSX: DFY) released its 2024 Sustainability Report and its 2024 Public Accountability Statement. The reports are available on the Sustainability and Corporate Citizenship section of the Company's website. As a purpose-driven sustainability leader, Definity has taken a thoughtful and proactive approach to environmental, social, and governance (ESG) topics, delivering long-term value for our employees, brokers, customers, shareholders, and communities. These efforts were recently recognized with an MSCI ESG Rating upgrade to "AAA", placing Definity among the top-ranked global P&C insurers for ESG risk management and sustainability leadership. Through its ongoing efforts to integrate sustainability into its business, Definity is working to create positive change for the environment, strengthen the resilience of communities, and contribute to more equitable outcomes in society. The 2024 Sustainability Report and Public Accountability Statement offer insights into how the company has not only embraced, but has deeply integrated sustainability, innovation, collaboration, and an ownership mindset into its business and culture. The reports detail the embedded sustainability initiatives across the company and how Definity is delivering on its climate change, people, and community commitments. Rowan Saunders, President and CEO of Definity says: "We are on a journey to be one of Canada's top five P&C insurers. To achieve this, we know it is crucial to build the long-term resilience of our business and the communities in which we live and work. We are forging a path forward as a leading Canadian insurer with a clear vision for our future and delivering on our commitments. I am pleased to share our 2024 Sustainability Report which demonstrates the progress Definity is making as we invest in building a better world." Key Highlights from the 2024 Sustainability Report Though 2024 was a challenging year for the Canadian property and casualty insurance industry as overall catastrophe losses reached an all-time high, Definity's proactive focus on enhancing climate modelling capabilities to manage exposure, inform risk selection, and support accumulation management, contributed to losses from these events being lower than Definity's natural market share. Definity's greenhouse gas emissions associated with operations (Scope 1 and 2, market-based) were 35% lower than 2019 levels, surpassing our 2025 interim target of a 30% reduction. Aligning to its commitment to donate at least 1% of net profit before taxes, 2024 marked the largest charitable giving year in Definity's over 150-year history, having donated more than $4 million to Canadian charities. These contributions help to address systemic barriers that prevent underrepresented and underserved communities from participating fully in the economy, and help Canadian communities, households, and businesses understand, prepare for, and respond to climate-related risks and impacts. Definity partnered with Dalhousie University's Mass Timber Project to support the development of a prefabricated modular housing prototype using mass timber—an environmentally friendly alternative to steel and concrete. Definity established an Indigenous Advisory Council and a Reconciliation Action Working Group to guide and advance the company's response to the Truth and Reconciliation Commission's Call to Action #92. Definity capped off the year by becoming the first P&C insurer in Canada to become a United Nations Women's Empowerment Signatory, signaling its strong commitment to advancing gender equality in the workplace, also having increased the percentage of roles held by women at Vice President and Executive Leadership Team levels by 7 percentage points since 2022. About Definity Financial Corporation Definity Financial Corporation ("Definity", which includes its subsidiaries where the context so requires) is one of the leading property and casualty insurers in Canada, with over $4.5 billion in gross written premiums for the 12 months ended March 31, 2025 and approximately $3.4 billion in equity attributable to common shareholders as at March 31, 2025. SOURCE Definity Financial Corporation View original content to download multimedia:
Cision Canada
24-04-2025
- Business
- Cision Canada
DEFINITY FINANCIAL CORPORATION TO ANNOUNCE FIRST QUARTER 2025 RESULTS ON MAY 8, 2025, AND HOLD ITS EARNINGS CONFERENCE CALL THE FOLLOWING DAY
WATERLOO, ON, April 24, 2025 /CNW/ - Definity Financial Corporation (TSX: DFY) will release its first quarter 2025 results after the market close on Thursday, May 8, 2025, which will be made available at A live webcast and conference call are scheduled for Friday, May 9 at 11:00 a.m. (ET) where Rowan Saunders, President and Chief Executive Officer, Philip Mather, Executive Vice-President and Chief Financial Officer; Paul MacDonald, Executive Vice-President, Personal Insurance & Digital Channels; and Fabian Richenberger, Executive Vice-President, Commercial Insurance & Insurance Operations, will discuss the results, followed by a question-and-answer period with analysts. The conference call is available by dialing 416-945-7677 or 1-888-699-1199 (toll-free in North America). Please call ten minutes before the start of the call. To join the conference call without operator assistance, you may register and enter your phone number at to receive an instant automated call back. The archived webcast will be available at following the call. A replay of the call will also be available on May 9 at 2:00 p.m. (ET) until midnight on May 16, 2025. To listen to the replay, call 289-819-1450 or 1-888-660-6345 (toll-free in North America), passcode 80271. About Definity Financial Corporation Definity Financial Corporation ("Definity", which includes its subsidiaries where the context so requires) is one of the leading property and casualty insurers in Canada, with over $4.4 billion in gross written premiums in 2024 and over $3.3 billion in equity attributable to common shareholders as at December 31, 2024. SOURCE Definity Financial Corporation
Globe and Mail
07-04-2025
- Business
- Globe and Mail
Definity Financial Corporation publishes its annual report and management information circular
WATERLOO, ON , April 7, 2025 /CNW/ - Definity Financial Corporation ("Definity") (TSX: DFY) today announced that its 2024 Annual Report and its 2025 Management Information Circular are available at and The Annual Report outlines the expertise, capability, and resilience that Definity continues to deliver in a challenging operating environment. "As I reflect on our track record as a public company, I see a compelling Canadian success story emerging — one where we consistently outperform against expectations and deliver on our commitments," said Rowan Saunders , President and Chief Executive Officer at Definity. "Despite historic industry losses from severe weather events in 2024, the resilience of our business model and the commitment of our people enabled Definity to continue delivering on our promise to make insurance better for customers, broker partners, employees, and communities — all while generating robust results for shareholders." The company's 2025 annual meeting of shareholders will be held on Thursday, May 15, 2025 at 10:00 a.m. ET . Shareholders and duly appointed proxyholders are invited to register to attend and participate in the meeting, which will be held via webcast. About Definity Financial Corporation Definity Financial Corporation ("Definity", which includes its subsidiaries where the context so requires) is one of the leading property and casualty insurers in Canada , with over $4.4 billion in gross written premiums in 2024 and over $3.3 billion in equity attributable to common shareholders as at December 31, 2024 .
