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Definity closes acquisition of Travelers’ Canadian personal and commercial insurance business

Definity Financial Corp. ( (TSE:DFY)) has issued an announcement. Definity Financial Corporation has closed its previously announced acquisition of the personal insurance business and most of the ...
Nasdaq

AM Best Downgrades Credit Ratings of The Dominion of Canada General Insurance Company and Travelers Insurance Company of Canada Following Announced Sale to Definity Financial ...

OLDWICK, N.J.--(BUSINESS WIRE)-- AM Best has downgraded the Financial Strength Rating (FSR) to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a-” ...
Hosted on MSN

Definity completes purchase of Travelers’ Canadian insurance businesses

Definity Financial has concluded its acquisition of the personal insurance and most of the commercial insurance operations of the Travelers Companies in Canada for nearly C$3.3bn in cash. The ...
Bloomberg L.P.

Insurance Firm Definity Financial Readies C$1 Billion Debt Sale

Definity Financial Corp. plans to sell around C$1 billion ($723 million) of debt in two parts as it prepares to close the acquisition of Travelers Canada, according to people familiar with the matter.
Yahoo Finance

AM Best Takes Various Credit Rating Actions on Travelers Insurance Company of Canada and The Dominion of Canada General Insurance Company; Affirms Credit Ratings of Definity ...

OLDWICK, N.J., February 24, 2026--(BUSINESS WIRE)--AM Best has removed from under review with negative implications and downgraded the Financial Strength Rating (FSR) to A (Excellent) from A+ ...