Definity swings to Q3 2026 net loss of CAD 32.4 million
Bitget2026/11/05 23:29- Definity Financial swung to a Q3 2026 net loss attributable to common shareholders of CAD 32.4 million versus a year-earlier profit.
- Insurance revenue climbed 52% year over year to CAD 1.8 billion.
- Net investment income rose 47% year over year to CAD 79.3 million, driven by a larger investment portfolio and higher yields.
- Integration of the acquired Travelers business progressed, with conversion underway across all acquired product lines.
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