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Definity Financial Corporation Reports Second Quarter 2026 Results

Newswire.ca - Thu Jul 30, 4:05PM CDT

(TSX: DFY)

(in Canadian dollars except as otherwise noted)

TORONTO, July 30, 2026 /CNW/ --

Highlights

Executive Messages

"Our second quarter results demonstrate the continued momentum of our business under our expanded scale. Gross written premium growth of 34.7% in the quarter keeps us firmly on track to achieve our full-year target of $6.5 billion. The integration of the Travelers Transaction continues to progress well. We are particularly pleased with our customer retention as policies began to renew on Definity systems this quarter. This success, combined with our integration momentum and early cost savings, supports increasing our annual expense synergy target by 25%. These results demonstrate the value and resilience of our diversified business model. By focusing on disciplined execution across our portfolios, our teams delivered a strong underwriting performance. Our capital position continues to provide us with financial flexibility to support our organic growth, fund accretive acquisitions, and deliver on our capital priorities. We remain highly confident in our ability to build on this scale to deliver sustainable, long-term value for our shareholders."
– Rowan Saunders, President & CEO

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