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Definity CEO: Travelers Canada Retention Rises Post-Acquisition; Deal Brought 'Scarce Talent'
Canadian surety business (BestWire, Jan. 5, 2026). The company has access to capital, which is important because it offers deal certainty, said Saunders. He stressed the important ...
Source: BestWire   Date: September 11, 2026
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Definity Estimates $94.15 Million Impact From July and August Cats, Exceeding Expectations
Net catastrophe losses in July and August impacted Definity Financial Corp. underwriting income by an estimated C$130 million ($94.15 million), exceeding expectations by a large ...
Source: BestWire   Date: September 4, 2026
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 2026 Best's Rankings: Top 75 US and Canada Public Insurers - 2026 Edition
This Best's Ranking includes insurers ranked by 2025 assets.
Source: Rankings   Date: June 12, 2026
 2026 Best's Rankings: Top 75 US and Canada Public Insurers - 2026 Edition
This Best's Ranking includes insurers ranked by 2025 revenue.
Source: Rankings   Date: June 12, 2026
Fresh Off Travelers Canada Deal, Definity CEO Anticipates Additional Acquisitions
Saunders at a TD Securities conference. Definity acquired Travelers personal insurance and the majority of its commercial insurance business in Canada. Travelers, the largest ...
Source: BestWire   Date: May 14, 2026
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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 Financial Corporation
Company of Canada (TICC). At the same time, AM Best has removed from under review with developing implications and affirmed the FSR of A- (Excellent) and the Long-Term ICR of "a-" ...
Source: Press Releases   Date: February 24, 2026
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 Financial Corporation
Company of Canada (TICC). At the same time, AM Best has removed from under review with developing implications and affirmed the FSR of A- (Excellent) and the Long-Term ICR of "a-" ...
Source: BestWire   Date: February 24, 2026
Best's Credit Rating Notification - Definity Financial Corporation
AM Best has made the following rating update: Company: Definity Financial Corporation AMB #: 045153 Current Best's Credit Ratings: Best's Long-Term Issuer Credit Rating (LT-ICR): ...
Source: Rating Actions   Date: February 24, 2026
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Definity: Travelers Canada Acquisition Costs Drop Fourth-Quarter Net Income
The costs included the impact of Canadian and U.S. currency movements on the foreign exchange-forward contract entered into to hedge the purchase price of the deal, as well an ...
Source: BestWire   Date: February 17, 2026
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Definity CEO Says Completed $2.4 Billion Deal for Travelers' Canadian Business a 'Milestone'
Executive Officer Rowan Saunders said in a statement. Travelers, the largest surety writer in North America, is retaining its Canadian surety business. Travelers said it plans to ...
Source: BestWire   Date: January 5, 2026
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Definity CEO Says Now-Profitable Insurtech Subsidiary Premiums Could Grow to C$1 Billion
Executive Officer Rowan Saunders. It has taken "a lot of effort to get that model to work the way we want it to... We think we're there" and are poised to scale the property ...
Source: BestWire   Date: November 26, 2025
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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 Corporation; Places Credit Ratings Under Review With Various Implications
Dominion of Canada General Insurance Company (Dominion). At the same time, AM Best has downgraded the FSR to A+ (Superior) from A++ (Superior) and the Long-Term ICR to "aa-" ...
Source: Press Releases   Date: June 4, 2025
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 Corporation; Places Credit Ratings Under Review With Various Implications
Dominion of Canada General Insurance Company (Dominion). At the same time, AM Best has downgraded the FSR to A+ (Superior) from A++ (Superior) and the Long-Term ICR to "aa-" ...
Source: BestWire   Date: June 4, 2025
AM Best Comments on Credit Ratings of Definity Financial Corporation and Its Subsidiary Following Announced Acquisition of The Travelers Companies, Inc.’s Canadian Operations
Definity Financial are both domiciled in Waterloo, Ontario, Canada. The acquisition elevates Definity Financial's market position to fourth overall within Canada's property/...
Source: Press Releases   Date: May 28, 2025
AM Best Comments on Credit Ratings of Definity Financial Corporation and Its Subsidiary Following Announced Acquisition of The Travelers Companies, Inc.'s Canadian Operations
Definity Financial are both domiciled in Waterloo, Ontario, Canada. The acquisition elevates Definity Financial's market position to fourth overall within Canada's property/...
Source: BestWire   Date: May 28, 2025
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Travelers Selling Canadian Business to Definity for $2.4 Billion
The purchase price represents a multiple of 1.8 times book value, adjusting for about $800 million of excess local capital, Travelers said in a statement. The excess capital is ...
Source: BestWire   Date: May 27, 2025
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Swiss Re Sells Stake in Canada's Definity for $457.3 Million
Swiss Re said in a statement. "The sale was done in the context of a regular review and rebalancing of Swiss Re's investment portfolio and is consistent with the group's overall ...
Source: BestWire   Date: March 19, 2025
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Best's Credit Rating Notification - Definity Financial Corporation
AM Best has made the following rating update: Company: Definity Financial Corporation AMB #: 045153 Current Best's Credit Ratings: Best's Long-Term Issuer Credit Rating (LT-ICR): ...
Source: Rating Actions   Date: January 29, 2025
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AM Best Upgrades Credit Ratings of Definity Financial Corporation and Its Subsidiary
Corporation (Definity Financial). The outlook of these Credit Ratings (ratings) has been revised to stable from positive. Both companies are domiciled in Waterloo, Ontario, Canada. ...
Source: Press Releases   Date: January 29, 2025
AM Best Upgrades Credit Ratings of Definity Financial Corporation and Its Subsidiary
Corporation (Definity Financial). The outlook of these Credit Ratings (ratings) has been revised to stable from positive. Both companies are domiciled in Waterloo, Ontario, Canada. ...
Source: BestWire   Date: January 29, 2025
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