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))
Recent news on Definity Financial
See all newsCanada's Definity Financial Q1 EPS beats estimates on lower catastrophe losses, Travelers deal
Brief: Definity Financial Q1 EPS CAD 0.52
Canada Research Roundup: Aritzia, Hudbay Minerals, TCP Energy
Focus: Canadian insurers fortify homes, urge Carney to put climate first as wildfire season kicks off
Canada's Definity Financial Q4 premiums rise