Definity Investment and Insurance Strategy Overview
CONSERVATIVE AND DIVERSIFIED INVESTMENT PORTFOLIO
PORTFOLIO HIGHLIGHTS
81% of total portfolio in high quality
fixed income securities, cash, and short-
term investments
DIVERSE ASSET ALLOCATION
FIXED INCOME PORTFOLIO(1)
BB
1%
10.0%
74% of the preferred stocks in the
portfolio rated "P2L" or better
1.8%
71.2%
A
22%
11.0%
Comprised primarily of short-
duration investments
Our investment portfolio sector mix is
concentrated in the secure and
liquid government and financials
sectors
~$170 M of net investment income
expected in FY2023
6.0%
$5.0B
■Cash and ST Investments
■ Preferred stocks
(2)
Note: Data as of Sep 30, 2023, unless otherwise noted.
1. Using the lowest of S&P and DBRS ratings.
2.
Cash and ST Investments includes Cash and cash eq. of 8.1% and ST Investments of 1.9%.
3.
Other includes Pooled Funds of 1.4% and Commercial loans of 0.4%.
(3)
■ Others
■ Bonds
■ Common stocks
BBB
12%
AAA
37%
AA
28%
$3.6B
87% of the bonds in
our portfolio are rated
"A-" or better
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