Company
Definity Financial Corporation
Headquarters: Waterloo, ON, Canada
Employees: 3,555
CEO: Rowan Saunders
Market Cap
C$6.23 Billion
CAD as of Jan. 1, 2025
US$4.33 Billion
Definity Financial Corporation Categories
Canada Financials Insurance—Property & CasualtyCanada Financials Canada Insurance—Property & Casualty
Top Competitors by Market Capitalization
Industry: Insurance—Property & Casualty
| Company | Market Cap (USD) |
|---|---|
| The Progressive Corporation | $140.31 B |
| Chubb Limited | $107.43 B |
| Tokio Marine Holdings, Inc. | $70.38 B |
| The Travelers Companies, Inc. | $54.73 B |
| The Allstate Corporation | $49.05 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Berkshire Hathaway | $991.39 B |
| JPMorgan | $744.02 B |
| Visa | $635.57 B |
| Mastercard | $490.32 B |
| Bank of America | $353.07 B |
Detailed Description
Definity Financial Corporation, together with its subsidiaries, offers property and casualty insurance products in Canada. It provides personal insurance products, including auto, property, general and umbrella liability, and pet insurance products to individuals under the Economical, Sonnet, Family, Petsecure, and Peppermint brands; and commercial insurance products which include fleet, commercial auto, property, liability, and specialty insurance products to businesses under the Economical brand name. The company distributes its products on a primarily intermediated basis, and through brokers, as well as directly to customers. Definity Financial Corporation was formerly known as Economical Holdings Corporation and changed its name to Definity Financial Corporation in August 2021. Definity Financial Corporation was founded in 1871 and is headquartered in Waterloo, Canada.
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Financials
| Last Financial Reports Date | Sept. 30, 2024 |
| Revenue TTM | C$4.37 B |
| EBITDA | C$868.8 M |
| Gross Profit TTM | C$999.8 M |
| Profit Margin | 12.35% |
| Operating Margin | 11.93% |
| Quarterly Revenue Growth | 39.80% |
Stocks & Indices
Definity Financial Corporation has the following listings and related stock indices.
Stock: TSX: DFY wb_incandescent