Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Definity Financial Corp. ( (TSE:DFY) ) just unveiled an announcement.
Definity Financial Corporation reported strong fourth-quarter and full-year 2025 results, with gross written premiums up 9.2% in the quarter and 8.8% for the year adjusted for an exited line, driven by balanced growth across all three business lines. The insurer delivered a Q4 combined ratio of 89.9% and a full-year ratio of 91.6%, as both personal property and commercial insurance posted sub-90 combined ratios, while operating net income reached $120.7 million and book value per share rose 16%.
Management highlighted that operating return on equity over the last 12 months was 12.2%, and the quarterly dividend was raised for the fourth consecutive year by 14.7% to $0.215 per share, reflecting confidence in the company’s financial strength and outlook. Definity also closed its $3.3 billion acquisition of Travelers’ Canadian P&C operations on January 2, 2026, boosting pro forma annual gross written premiums to about $6.3 billion, supporting its goal of achieving a top-five position in the Canadian P&C insurance market and marking a transformational step in its growth strategy.
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 a Canadian property and casualty insurer, operating across personal and commercial lines and supported by an insurance brokerage platform that ranks as the 10th largest P&C brokerage in Canada. Since its IPO four years ago, the company has focused on profitable growth, expanding gross written premiums, building underwriting profitability, and steadily increasing book value and dividends, with a strategic ambition to become a top-tier Canadian insurance champion.
Average Trading Volume: 144,281
Technical Sentiment Signal: Buy
Current Market Cap: C$7.98B
Find detailed analytics on DFY stock on TipRanks’ Stock Analysis page.

