OLDWICK, N.J.--(BUSINESS WIRE)-- AM Best has downgraded the Financial Strength Rating (FSR) to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a-” ...

Travelers (TRV) completed its previously announced sale of the personal insurance business and the majority of the commercial insurance business ...

Definity Financial Corp. plans to sell around C$1 billion ($723 million) of debt in two parts as it prepares to close the acquisition of Travelers Canada, according to people familiar with the matter.

With insurance payouts from wildfires, floods, and storms on the rise, Definity sees room to help prevent them. Kitchener-Waterloo’s Definity Financial Corporation has joined forces with Toronto ...