AM Best Downgrades Dominion and Travelers Insurance Ratings Following Announced Sale to Definity Financial
ByAinvest
Wednesday, Jun 4, 2025 3:20 pm ET1min read
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AM Best downgrades the credit ratings of Dominion of Canada General Insurance Company and Travelers Insurance Company of Canada after their announced sale to Definity Financial Corporation. Dominion's FSR is downgraded to A- (Excellent) from A (Excellent), while TICC's FSR is downgraded to A+ (Superior) from A++ (Superior). Dominion's ratings are under review with developing implications, while TICC's ratings are under review with negative implications.
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