Definity Investment and Insurance Strategy Overview
BALANCE SHEET
IFRS 17/IFRS 9
IFRS 4/IAS 39
Q3-2023
2022
2022
2021
2020
2019
Total cash and investments
Restricted cash
5,009.4
5,097.7
5,098.4
5,753.1
4,876.6
4,285.7
257.3
302.1
302.1
110.8
Premiums receivable
1,188.8
1,075.9
958.7
850.7
Income taxes receivable
22.0
81.7
81.7
0.2
2.1
3.0
Reinsurance receivable and recoverable
255.8
179.2
95.6
95.1
Reinsurance contract assets
305.9
305.1
Deferred policy acquisition expenses
327.0
295.1
260.2
235.6
Property and equipment
Deferred income tax assets
105.0
83.8
83.8
57.0
56.9
61.1
21.9
25.2
55.0
62.5
40.2
89.8
Goodwill and intangible assets
1,005.2
771.6
771.6
219.7
211.6
210.9
Other assets
Total assets
201.5
152.5
152.6
137.9
118.4
124.6
6,928.2
6,819.7
8,316.8
7,891.4
6,620.3
5,956.5
Unearned premiums
1,765.4
1,599.2
1,433.1
1,294.5
Claim liabilities
3,254.3
3,336.1
3,026.3
2,808.2
Insurance contract liabilities
3,527.9
3,577.7
Accounts payable and other liabilities
115.7
139.0
405.7
393.4
Income taxes payable
3.6
55.6
324.2
18.7
240.6
2.2
Deferred income tax liabilities
119.7
103.5
69.8
Debt outstanding
114.3
39.1
39.1
Demutualization amounts outstanding
257.3
302.1
302.1
110.8
Total liabilities
4,138.5
4,161.4
5,836.4
5,495.1
4,802.3
4,345.5
Share capital
2,281.6
2,254.2
2,254.2
2,307.8
Contributed surplus
34.7
40.2
40.2
19.3
Retained earnings (deficit)
352.3
287.8
179.3
(28.8)
Accumulated other comprehensive (loss) income (AOCI)
(34.8)
(32.4)
(101.8)
98.0
Equity attributable to common shareholders
2,633.8
2,549.8
2,371.9
2,396.3
1,755.9
62.1
1,818.0
1,608.6
2.4
1,611.0
Non-controlling interests
155.9
108.5
108.5
Total equity
2,789.7
2,658.3
2,480.4
2,396.3
1,818.0
1,611.0
Total liabilities and equity
6,928.2
6,819.7
8,316.8
7,891.4
6,620.3
5,956.5
Note: Figures in millions, unless otherwise noted.
definity.
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