Definity Financial (TSE:DFY) said its second-quarter results reflected continued growth, early synergy capture and progress integrating the Travelers business it acquired, as the insurer raised its annual expense-synergy target by 25%. Gross written premiums increased 34.7% from a year earlier to C

Strong integration progress and robust underlying growth drive record quarterly performance, with expense synergies now expected to reach $125 million annually.

Short-term moves versus longer-term returns Definity Financial (TSX:DFY) has delivered a total return of 92.66% over the past 3 years. This comes even as the stock is down 10.49% year to date and has been little changed over the past month. See our latest analysis for Definity Financial. The share price has softened in 2024, with a year-to-date share price return of negative 10.49%. However, the 3-year total shareholder return of 92.66% shows that investors who stayed the course have still...

By Nivedita Balu TORONTO, April 14 (Reuters) - Worried about wildfires sending claims soaring this year, Canada's property and casualty insurers are pushing owners to flood- and fire-proof homes and

As the Canadian TSX index shows signs of recovery following recent market turbulence, investors are cautiously optimistic about potential de-escalation in oil prices, which could stabilize economic conditions. In this environment, identifying stocks that may be trading below their estimated value becomes crucial for investors seeking opportunities amidst uncertainty.

Definity Financial’s blended fair value estimate has shifted only slightly, from C$79.09 to C$79.30, indicating a very small change in the overall price target framework. Behind that modest move, there is a split view, with bullish analysts citing the Travelers Canada acquisition and higher individual targets such as C$88, while more cautious voices trim expectations toward C$77. As you read on, you will see how these differing targets are shaping the evolving narrative around Definity and...

What Definity Financial’s Recent Performance Signals for Investors Definity Financial (TSX:DFY) has drawn investor attention after recent share price moves, with a 2.0% gain over the past week contrasting with a negative return over the past month and past 3 months. See our latest analysis for Definity Financial. Definity’s recent 4.3% 7 day share price return, following a 9.2% 30 day share price decline and a weaker year to date share price return, sits alongside a stronger 11.2% 1 year and...

What Is Changing in the Definity Financial Story? Definity Financial’s fair value estimate has shifted from CA$78.70 to CA$79.55, with updated assumptions around the discount rate and revenue growth helping to reshape how some analysts frame the stock today. The move is being linked to a bigger role for the Travelers Canada acquisition, a reassessment of where Definity sits in the Canadian property and casualty peer group, and a cautious read on sector wide growth and pricing trends. Stay...