TD Bank Group Provides Insurance Catastrophe Information

Executive Summary

• TD Bank Group disclosed an estimated $15 million of catastrophe insurance claims (pre‑reinsurance, pre‑tax) to be reflected in its Wealth Management & Insurance segment’s Q4 2025 results.
• The claim amount will be recorded within Insurance service expenses, with related reinsurance recoveries shown in Other income (loss).
• TD announced that its full fourth‑quarter financial results and earnings conference call are scheduled for Thursday, December 4, 2025.

Key Details

• Catastrophe Claims Estimate: Approximately $15 million before reinsurance and tax.
• Segment Impact: The amount will be included in the Insurance service expenses line of the consolidated statement of income; any reinsurance recoveries will appear under Other income (loss).
• Internal Threshold Definition: Catastrophe claims are triggered when aggregate insurance claims for a single event reach or exceed $5 million before reinsurance. The threshold may be adjusted over time.
• Quarterly Reporting: The claim estimate will affect the fourth‑quarter 2025 results of TD’s Wealth Management & Insurance segment.
• Earnings Release Schedule: Full Q4 2025 financial results and an earnings conference call are slated for Thursday, December 4, 2025.
• Additional Information Access: Detailed catastrophe claim data (including net‑of‑reinsurance figures for the comparative quarter) is available on TD’s investor relations website: https://www.td.com/ca/en/about-td/for-investors/investor-relations/financial-information

Notable Quotes

(No direct quotes from executives were provided in the release.)