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DEFINITY FINANCIAL CORPORATION COMPLETES PREVIOUSLY ANNOUNCED TRAVELERS TRANSACTION
DEFINITY FINANCIAL CORPORATION COMPLETES PREVIOUSLY ANNOUNCED TRAVELERS TRANSACTION Canad...
About this update from Definity Financial Corp.
[{"type":"text","content":"DEFINITY FINANCIAL CORPORATION COMPLETES PREVIOUSLY ANNOUNCED TRAVELERS TRANSACTION\n\n\nDEFINITY FINANCIAL CORPORATION COMPLETES PREVIOUSLY ANNOUNCED TRAVELERS TRANSACTION\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\nCanada NewsWire\n\n\nWATERLOO, ON, Jan. 2, 2026 /CNW/ - Definity Financial Corporation (TSX: DFY) today announced that it has completed the acquisition of the personal insurance business and the majority of the commercial insurance business (excluding the surety business) of the Canadian operations of The Travelers Companies, Inc. (NYSE: TRV) (the \"Transaction\").\n\"Today marks a new era for Definity as we complete this milestone acquisition,\" said Rowan Saunders, President & CEO, Definity. \"We extend a warm welcome to our new colleagues and remain deeply committed to delivering a positive experience for our customers and valued broker partners. Together, we will continue building a Canadian champion.\"\nRBC Capital Markets acted as financial advisor and Blake, Cassels & Graydon LLP served as legal advisor to Definity in the Transaction.\nABOUT DEFINITY FINANCIAL CORPORATION\nDefinity Financial Corporation (\"Definity\", which includes its subsidiaries where the context so requires) is one of the leading property and casualty insurers in Canada, with over $4.7 billion in gross written premiums for the 12 months ended September 30, 2025 and over $4.0 billion in equity attributable to common shareholders as at September 30, 2025.\nCAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION\nThis news release may contain \"forward-looking information\" within the meaning of applicable securities laws in Canada. Forward-looking information may relate to our future business, financial outlook and anticipated events or results and may include information regarding our financial position, business strategy, growth strategies, operations, financial results, plans and objectives. In some cases, forward-looking information can be identified by the use of forward-looking terminology such as \"plans\", \"aims\", \"targets\", \"expects\" or \"does not expect...