WATERLOO, ON — January 2, 2026 — Leads & Copy — Definity Financial Corporation (TSX: DFY) has finalized its acquisition of the personal insurance business and a significant portion of the commercial insurance operations, excluding the surety business, from the Canadian branch of The Travelers Companies, Inc. (NYSE: TRV).
Rowan Saunders, President & CEO of Definity, stated that the completion of the acquisition marks a new era for the company. He welcomed new colleagues and reiterated the company’s dedication to ensuring a satisfactory experience for customers and broker partners. Saunders added that, working together, they will continue to develop a Canadian champion.
RBC Capital Markets served as financial advisor for the transaction, while Blake, Cassels & Graydon LLP provided legal counsel to Definity.
Definity Financial Corporation is a property and casualty insurer in Canada, reporting over $4.7 billion in gross written premiums for the year ending September 30, 2025. The company also reported over $4.0 billion in equity attributable to common shareholders as of September 30, 2025.
Source: Definity Financial Corporation
