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The latest announcement is out from Definity Financial Corp. ( (TSE:DFY) ).
Definity Financial Corp. reported a strong financial performance for the second quarter of 2025, with a 9.1% growth in gross written premiums and a combined ratio of 92.9%. The company announced a major acquisition of Travelers’ Canadian operations for $3.3 billion, which is expected to significantly enhance its growth strategy and position it as a top player in the Canadian insurance market. The acquisition is anticipated to close in the first quarter of 2026, pending regulatory approvals. Definity’s financial results also showed a solid book value per share increase of 19.9% from the previous year, reflecting strong operational performance and strategic investments.
The most recent analyst rating on (TSE:DFY) stock is a Hold with a C$53.00 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. has a strong overall stock score driven by positive technical indicators and strategic corporate events. The solid financial performance supports this rating, despite some pressure on net margins and valuation concerns.
To see Spark’s full report on TSE:DFY stock, click here.
More about Definity Financial Corp.
Definity Financial Corp. operates in the insurance industry, focusing on property and casualty insurance products. The company is committed to expanding its market presence and has recently announced a significant acquisition to bolster its position in the Canadian insurance market.
Average Trading Volume: 154,938
Technical Sentiment Signal: Hold
Current Market Cap: C$9.53B
For an in-depth examination of DFY stock, go to TipRanks’ Overview page.
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