Travelers sells most of Canadian P&C business to Definity for $2.4bn
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Travelers sells most of Canadian P&C business to Definity for $2.4bn

The deal leaves premier surety as Travelers' sole Canadian portfolio.

By Adam Kovac
May 27, 2025
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Travelers Tower Hartford CT.jpg

Travelers is selling almost all of its Canadian P&C portfolio, except surety, for $2.4bn to Definity Financial Corporation, the company announced on Tuesday.

The

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News M&A Travelers Canada Commercial lines Personal lines Insurers North America
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