TD Bank Group Provides Insurance Catastrophe Information

Executive Summary

• TD Bank Group disclosed an estimated $7 million of pre‑tax catastrophe insurance claims (net of reinsurance) for Q1 2026, to be reflected in its Wealth Management & Insurance segment results.
• The estimate is presented ahead of the bank’s first‑quarter 2026 earnings release scheduled for February 26, 2026.
• Catastrophe claims are defined as any single event where aggregate insurance claims exceed $5 million before reinsurance; the threshold may be adjusted over time.

Key Details

• Estimated catastrophe claim amount: Approximately $7 million (pre‑tax, net of reinsurance).
• Segment impact: The amount will be recorded in Insurance service expenses on the consolidated statement of income; related reinsurance recoveries are shown in Other income (loss).
• Definition & threshold: Catastrophe claims arise when a single event’s aggregate insurance claims reach or exceed an internal threshold of $5 million before reinsurance. The bank may modify this threshold in the future.
• Reinsurance treatment: The disclosed figure is net of recoveries from related reinsurance coverage and includes any applicable reinsurance reinstatement premiums.
• Earnings announcement: TD will release its Q1 2026 financial results and host an earnings conference call on Thursday, February 26, 2026.
• Additional information: Further details on catastrophe claims (including comparative‑quarter data) are available on the bank’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.)