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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 ...
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 ...
Nasdaq

Travelers To Sell Canadian Personal Insurance To Definity

(RTTNews) - Travelers Companies, Inc. (TRV) Tuesday said it has agreed to sell the personal insurance business and the majority of the commercial insurance business of Travelers Canada to Definity ...
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.
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-” ...