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Definity Financial's Q3 Estimates Lowered at BMO
Definity Financial Brief: Given Q3 2024 Catastrophe Losses Will Be "Materially Above" Co's Original Expectation, It Expects to Prrovide Update for Full Quarter During the First Half of October
Definity Financial Brief: Says Summer Catastrophe Season Has Been Active and Additional Events May Occur
Definity Financial Brief: Reinsurance Recoveries Includefull Utilization of $25 Million Available Under the Company's Catastrophe Aggregate Treaty
Definity Financial Brief: Or Approximately $0.97 per Common Share, Net of Taxes and Reinsurance
Definity Financial Brief: Involves Losses in July and August 2024
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