TORONTO, Feb. 12, 2026 /CNW/ - (TSX: DFY)
(in Canadian dollars except as otherwise noted)
Highlights
Executive Messages
"2025 was a transformational year for Definity, as we delivered strong financial results, while announcing a milestone acquisition. We again met or exceeded all financial targets for the year, with top line growth of 8.8% adjusted for our exited line, a robust full year combined ratio of 91.6%, and an operating ROE of 12.2%. Since completing our landmark IPO four years ago, we have grown premiums by $1.6 billion, delivered consistent underwriting profits, built the 10th largest property and casualty insurance brokerage in Canada, grown book value per share by more than 63%, and increased our quarterly dividends per share by 72%. The additional premiums from our recently closed Travelers Transaction bring us to a pro forma $6.3 billion in combined annual gross written premiums, which represents a top-5 position in the industry. As we welcome our new colleagues, we begin a new era for Definity, one that is grounded in our ambition to build a Canadian champion and to continue delivering on our commitment to help our customers and communities adapt and thrive."
– Rowan Saunders, President & CEO
