AM Best has affirmed the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb-” (Good) of Definity Financial Corporation (Definity Financial) (Ontario, Canada). Concurrently, AM Best has affirmed ...

A claimant recovered only a fraction of disputed benefits after Ontario's Licence Appeal Tribunal clarified when insurers may ...

Definity Financial Corp. plans to sell around C$1 billion ($723 million) of debt in two parts as it prepares to close the acquisition of Travelers Canada, according to people familiar with the matter.

Definity Financial has concluded its acquisition of the personal insurance and most of the commercial insurance operations of the Travelers Companies in Canada for nearly C$3.3bn in cash. The ...