WATERLOO, ON, May 21, 2024 – “The concerning increase of auto theft affects thousands of Canadians and continues to be a challenging issue for our customers and for our peers in the insurance industry. Definity is pleased to see the Government of Canada taking continued action to address this increasing trend and releasing its National Action Plan on Combatting Auto Theft.
Auto theft has escalated to the point of crisis, Definity advocates for organized partnerships and collaboration across the public and private sector to address the challenges posed by criminal organizations involved in auto theft. We ask that the federal government continue to take swift action, and work with provincial and territorial governments and their partners to implement this comprehensive action plan. Definity is committed to our purpose of building a better world and we look forward to the opportunity to work meaningfully with the government and all stakeholders to address this worrying trend.”
ABOUT DEFINITY FINANCIAL CORPORATION
Definity Financial Corporation (which includes its subsidiaries where the context so requires) is one of the leading property and casualty insurers in Canada, with over $4.1 billion in gross written premiums for the 12 months ended March 31, 2024 and over $2.9 billion in equity attributable to common shareholders as at March 31, 2024.
For further information, please contact:
Investor inquiries:
Dennis Westfall
Head, Investor Relations
(C) 416-435-5568
dennis.westfall@definity.com
Media inquiries:
Sarah Attwells
AVP, Corporate Communication
(C) 226-753-1130
sarah.attwells@definity.com