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TD Bank Group Expects to Report $388 Million of Catastrophe Claims in Q4
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TD Bank Group Expects to Report $388 Million of Catastrophe Claims in Q4
Nov 9, 2024 11:11 AM

04:09 AM EST, 11/06/2024 (MT Newswires) -- TD Bank Group (TD) said late Tuesday that it expects catastrophe claims of about $388 million after reinsurance and before tax to be reflected in Q4 results for the bank's Wealth Management & Insurance segment.

The company said the figure reflects individual claim amounts equal to or greater than an internal threshold of $5 million before reinsurance.

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