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...
Canada’s Economical Simplifies Business Structure as It Gets Ready to Go Public June 8, 2017 Waterloo, Ontario-based Economical Insurance is moving to a simpler legal entity structure as it continues its journey to become a...
Canada’s Desjardins Aims to Buy P/C Insurers: CEO Cormier April 28, 2017 By Doug Alexander Desjardins Group is looking to acquire insurers, wealth managers and payments firms to expand further outside Quebec and challenge the...
Economical to Buy Largest Canada Pet Insurer, Western Financial Insurance Co. May 18, 2016 Economical Mutual Insurance Co., the Waterloo, Ontario-based property and casualty insurance company, announced plans to acquire Desjardins Group’s pet insurance...