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24.02.26 - 21:06
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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 (Business Wire)
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OLDWICK, N.J.--(BUSINESS WIRE)--#insurance--AM Best has removed from under review with negative implications and downgraded the Financial Strength Rating (FSR) to A (Excellent) from A+ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a” (Excellent) from “aa-” (Superior) of Travelers Insurance 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-” (Excellent) of The Dominion of Canada General Insurance Company (Dominion). The outlook assigned to these Credit Ratings (rating) is stable. Dominion and TICC are domiciled in Toronto, Ontario, Canada.
In addition, AM Best has affirmed the FSR of A (Excellent) and the Long-Term ICR of “a” (Excellent) of Definity Insurance Company (Definity). Lastly, AM Best has affirmed the Long-Term ICR of “bbb” (Good) of Definity Financial Corporation (Definity Financial), the ultimate parent of the aforementioned ...
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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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