Definity Investment and Insurance Strategy Overview slide image

Definity Investment and Insurance Strategy Overview

OUR FINANCIAL TARGETS Gross Written Premium (1) Combined Ratio (1) Operating ROE (1) 9.7% YTD-2023 Grow GWP at an upper single digit to approximately 10% rate (2) supported by, among other things, leveraging our investments in the broker channel, expanding our core commercial insurance and specialty capabilities, and continuing to focus on expansion of our direct-to-consumer offerings 97.8% 8.8% YTD-2023 for the last 12 months Maintain a full year combined ratio in the mid-90s (2) as our strategic investments drive scale and we continue to generate operational improvements across our business, including our concerted efforts to diversify our business Generate an annual operating ROE in the upper single digit to below teens range (2) through underwriting profitability, investment performance and distribution income, and reflective of the capital levels generated by our business 1 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 Q3-2023 MD&A for further details. 2 Current financial targets. definity. 21
View entire presentation