Travelers Cos strikes $2.4 billion deal to sell majority of its Canada insurance business
27/05/2025 21:22
May 27 (Reuters) - Travelers Cos TRV.N said on Tuesday it has agreed to sell its Canadian personal insurance business and a majority of its commercial insurance operations in the country to Definity Financial DFY.TO in a deal valued at $2.4 billion. (Reporting by Manya Saini in Bengaluru; Editing by Shounak Dasgupta) ((Manya.Saini@thomsonreuters.com; X: manya__saini))
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