Life Insurance International on MSN

Definity completes purchase of Travelers’ Canadian insurance businesses

Definity said the deal makes it one of Canada’s top five P&C insurers, with combined annual premiums of around C$6bn ($4.36bn ...
TipRanks on MSN

Travelers completes sale of Canadian personal insurance business to Definity

Travelers (TRV) completed its previously announced sale of the personal insurance business and the majority of the commercial insurance business ...
Benzinga.com

Travelers Sells Most Of Canada Operations To Definity For $2.4 Billion

The Travelers Companies, Inc. (NYSE:TRV), on Tuesday, entered into a definitive agreement to divest its personal insurance and most of its commercial insurance operations in Canada to Definity ...
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-” ...
Reuters

Definity's Travelers Canada deal could prompt consolidation as need for scale key, CEO says

TORONTO, May 28 (Reuters) - Canadian property and casualty insurer Definity Financial's (DFY.TO), opens new tab $2.4 billion purchase of Travelers Cos' (TRV.N), opens new tab Canadian business could ...