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28.05.25 - 17:57
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AM Best Comments on Credit Ratings of Definity Financial Corporation and Its Subsidiary Following Announced Acquisition of The Travelers Companies, Inc.′s Canadian Operations (Business Wire)
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OLDWICK, N.J.--(BUSINESS WIRE)--#insurance--AM Best has commented that the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a” (Excellent) of Definity Insurance Company (Definity Insurance), as well as the Long-Term ICR of “bbb” (Good) of Definity Financial Corporation (Definity Financial) remain unchanged following the recent announcement of a CAD 3.3 billion transaction to acquire The Travelers Companies, Inc.'s (Travelers) [NYSE: TRV] Canadian operations. Definity Insurance and Definity Financial are both domiciled in Waterloo, Ontario, Canada.
The acquisition elevates Definity Financial's market position to fourth overall within Canada's property/casualty insurance industry, which has been its strategic corporate goal. The acquired entities offer increased product, access and expertise to commercial and specialty lines that should support higher returns, ultimately improving Definity Financial's commercial lines market position from seve...
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28.05.25 - 14:21
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XFRA: XR6: Wiederaufnahme/Resumption (XETRA)
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FOLGENDE(S) INSTRUMENT(E) WIRD/ WERDEN WIEDER IN DEN HANDEL AUFGENOMMEN MIT FOLGENDEM TRADING SCHEDULE.
THE FOLLOWING INSTRUMENT(S) IS/ARE RESUMED TRADING WITH FOLLOWING TRADING SCHEDULE:
INSTRUMENT NAME KUERZEL/SHORTCODE ISIN
DEFINITY FINANCIAL CORP. XR6 CA24477T1003
AB/FROM ONWARDS 28.05.2025 14:13 CET...
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28.05.25 - 08:33
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XFRA: XR6: Aussetzung/Suspension (XETRA)
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DAS/ DIE FOLGENDE(N) INSTRUMENT(E) IST/ SIND AB SOFORT AUSGESETZT:
THE FOLLOWING INSTRUMENT(S) IS/ ARE SUSPENDED WITH IMMEDIATE EFFECT:
INSTRUMENT NAME KUERZEL/SHORTCODE ISIN BIS/UNTIL
DEFINITY FINANCIAL CORP. XR6 CA24477T1003 BAW/UFN...
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10.03.25 - 23:39
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XFRA : DIVIDEND/INTEREST INFORMATION - 12.03.2025 - CA24477T1003 (XETRA)
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Das Instrument XR6 CA24477T1003 DEFINITY FINANCIAL CORP. EQUITY wird cum Dividende/Zinsen gehandelt am 11.03.2025 und ex Dividende/Zinsen am 12.03.2025
The instrument XR6 CA24477T1003 DEFINITY FINANCIAL CORP. EQUITY has its pre-dividend/interest day on 11.03.2025 and its ex-dividend/interest day on 12.03.2025...
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29.01.25 - 17:48
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AM Best Upgrades Credit Ratings of Definity Financial Corporation and Its Subsidiary (Business Wire)
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OLDWICK, N.J.--(BUSINESS WIRE)--#insurance--AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a” (Excellent) from “a-” (Excellent) of Definity Insurance Company (Definity Insurance). Concurrently, AM Best has upgraded the Long-Term ICR to “bbb” (Good) from “bbb-” (Good) of Definity Financial 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.
The ratings of Definity Insurance reflect its balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.
The upgrades reflect Definity Insurance's five-year trend of improving profitability, driven by disciplined underwriting, streamlined claims management practices and refined risk segmentation strategies, par...
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