The Travelers Companies, Inc. announced the completion of its acquisition of The Dominion of Canada General Insurance Company from E-L Financial Corporation Limited. The combined organization, which will be referred to as Travelers Canada, will remain headquartered in Toronto.
“The combination of Travelers Canada and The Dominion is an exciting development,” said Alan Schnitzer, Vice Chairman and head of Travelers’ Financial, Professional & International Insurance business segment. “It creates an exceptional platform for strengthening our presence in Canada and expanding our relationships with customers and brokers. We look forward to leveraging the strengths and expertise of both organizations to deliver an expanded range of products and an even higher level of service.”
Source: The Travelers Companies.
Topics Mergers & Acquisitions Canada
Was this article valuable?
Here are more articles you may enjoy.
Viewpoint: Runoff Specialists Have Evolved Into Key Strategic Partners for Insurers 
Judge Tosses Buffalo Wild Wings Lawsuit That Has ‘No Meat on Its Bones’ 
CFC Owners Said to Tap Banks for Sale, IPO of £5 Billion Insurer 
Former Broker, Co-Defendant Sentenced to 20 Years in Fraudulent ACA Sign-Ups 
