News
Definity has successfully transitioned Vyne and Sonnet to Guidewire Cloud Platform. Definity Becomes the First Canadian P&C Insurer to Transition Core Insurance Platform to Guidewire Cloud.
The nation’s biggest health insurer said Monday that it would pay $300 million in cash to buy Definity Health Corp., the leading provider of consumer-driven health plans, whose base of ...
Definity Financial Corporation (TSX: DFY) announced today that it has increased the size of its previously announced private placements. Pursuant to the amended terms, the syndicate of ...
Establishes Definity as the #4 overall P&C insurer in Canada, strengthening leadership position in the broker channel, and delivering on financial objectives and inorganic growth strategy ...
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GlobalData on MSNSwiss Re offloads full stake in Definity Financial - MSNSwiss Re has entered an agreement to sell its entire 10.05% stake in Definity Financial, comprising 11,647,217 common shares.
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Definity’s $3.3B Travelers deal to keep 1,400 jobs in Canada; what it means for workers, brokers, and policyholders - MSNDefinity Financial Corp will acquire Travelers' Canadian operations. The deal is worth $3.3 billion. This acquisition will make Definity Canada's fourth-largest property and casualty insurer. All ...
In 2018, Definity’s combined ratio was 111.8 per cent, meaning it was paying out more in claims than it was bringing in through premiums. In the first quarter, the ratio had fallen to 94.1 per cent.
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