Travelers Completes Sale of Canadian Personal Insurance Business and Majority of Its Canadian Commercial Insurance Business to Definity
旅行者旅行者(US:TRV) Businesswire·2026-01-02 21:45

NEW YORK--(BUSINESS WIRE)--The Travelers Companies, Inc. (NYSE: TRV) today completed its previously announced sale of the personal insurance business and the majority of the commercial insurance business of Travelers Canada to Definity Financial Corporation (TSX: DFY) for approximately US2.4billion.Travelers,whichisthelargestsuretywriterinNorthAmerica,hasretaineditspremierCanadiansuretybusiness.TravelersexpectstouseapproximatelyUS2.4 billion. Travelers, which is the largest surety writer in North America, has retained its premier Canadian surety business. Travelers expects to use approximately US0.7 billion of the net cash proceeds of the transact ...