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Definity Financial Announces Retirement of Long-Serving Director Richard Freeborough

Story Highlights
  • Definity is a leading Canadian property and casualty insurer with strong premiums and equity.
  • Director Richard Freeborough retired after 14 years on Definity’s board, marking a leadership transition.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Definity Financial Announces Retirement of Long-Serving Director Richard Freeborough

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Definity Financial Corp. ( (TSE:DFY) ) has issued an update.

Definity Financial Corporation, a major Canadian property and casualty insurer, reported over $4.7 billion in gross written premiums over the latest 12-month period and more than $4.0 billion in equity attributable to common shareholders as of September 30, 2025. The company announced that long-serving director Richard (Dick) Freeborough has retired from its Board of Directors effective January 12, 2026, with Board Chair John Bowey crediting his 14-year tenure for providing vision and insight that supported Definity’s evolution into a prominent domestic insurance champion, a change that marks a significant transition in the firm’s board leadership but maintains continuity in its strategic direction.

The most recent analyst rating on (TSE:DFY) stock is a Hold with a C$80.00 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, generating over $4.7 billion in gross written premiums in the 12 months ended September 30, 2025, and holding more than $4.0 billion in equity attributable to common shareholders as of that date.

Average Trading Volume: 145,437

Technical Sentiment Signal: Buy

Current Market Cap: C$9.25B

For an in-depth examination of DFY stock, go to TipRanks’ Overview page.

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