Swiss Re to Sell Entire 10.05% Stake in Canada’s Definity Financial for C$655 Million March 19, 2025 Swiss Re is selling its entire 10.05% stake in Definity Financial, the Canadian property/casualty insurer, for C$655 million ($458.1 million)...
Definity’s McDougall Insurance Brokers to Acquire Canada’s Drayden Insurance June 30, 2023 McDougall Insurance Brokers Ltd., the Belleville, Ontario-based subsidiary of Definity Financial Corp., announced it has entered into a definitive agreement...
Canada’s Definity to Acquire Minority Stake in Broker Apollo Insurance March 11, 2022 Definity Financial Corp. announced a strategic partnership with APOLLO Insurance Solutions Ltd., a Canadian digital insurance broker and MGA that...
People Moves: Definity’s Board Appoints Former Swiss Re Exec Schmid; SCOR Promotes Mumme-Young for Political & Credit Risk; Cathay Pacific’s Howell to Marsh Aviation December 22, 2021 This edition of International People Moves details appointments at Definity Financial Corp., SCOR and Marsh. A summary of these new...
Definity Financial’s CEO Plots Acquisitions After Insurer’s Canadian IPO November 29, 2021 By Kevin Orland Definity Financial Corp., the 150-year-old insurer that held its initial public offering [on Nov. 17], will look to use its...
Canada Insurer Definity Surges on Market Debut After $1.6B IPO Backed by Swiss Re November 19, 2021 TORONTO – Insurer Definity Financial Corp jumped as much as 36% on its stock market debut on Thursday after raising...
P/C Insurer Definity Raises $1.1B in Largest Canadian IPO of 2021 November 18, 2021 By Kevin Orland Definity Financial Corp., the property and casualty insurer formerly known as Economical Mutual Insurance Co., raised about C$1.4 billion ($1.1...
Canadian P/C Insurer Definity Seeks to Raise $1 Billion in IPO November 9, 2021 By Kevin Orland Definity Financial Corp., the property and casualty insurer formerly known as Economical Mutual Insurance Co., is seeking to raise C$1.25...