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Definity Financial Corp. ( (TSE:DFY) ) has issued an announcement.
Definity Financial Corporation has closed its previously announced acquisition of the personal insurance business and most of the commercial insurance business, excluding surety, of the Canadian operations of The Travelers Companies. Management framed the deal as a milestone that ushers in a new era for the insurer, expanding its scale in both personal and commercial lines and deepening its relationships with brokers, moves that are expected to strengthen Definity’s competitive position in the Canadian property and casualty market and support its ambition to be a leading homegrown insurance champion.
The most recent analyst rating on (TSE:DFY) stock is a Buy with a C$87.00 price target. To see the full list of analyst forecasts on Definity Financial Corp. stock, see the TSE:DFY Stock Forecast page.
Spark’s Take on TSE:DFY Stock
According to Spark, TipRanks’ AI Analyst, TSE:DFY is a Outperform.
Definity Financial Corp. scores well due to strong financial performance and positive earnings call sentiment. Technical indicators support a bullish outlook, though valuation is fair. The company’s strategic initiatives and robust financial results position it well in the industry.
To see Spark’s full report on TSE:DFY stock, click here.
More about Definity Financial Corp.
Definity Financial Corporation is one of Canada’s leading property and casualty insurers, reporting over $4.7 billion in gross written premiums for the 12 months ended September 30, 2025, and more than $4.0 billion in equity attributable to common shareholders as of the same date. The company focuses on providing personal and commercial insurance solutions across the Canadian market, working closely with broker partners to expand its footprint and reinforce its position as a domestic insurance leader.
Average Trading Volume: 152,464
Technical Sentiment Signal: Buy
Current Market Cap: C$9.23B
Find detailed analytics on DFY stock on TipRanks’ Stock Analysis page.