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Swiss Re sells stake in Definity Financial for $460 mln
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Swiss Re sells stake in Definity Financial for $460 mln
Mar 18, 2025 5:56 AM

March 18 (Reuters) - Swiss Re on Tuesday

announced a sale of its 10.5% stake in Canadian insurer Definity

Financial ( DFYFF ) for 655 million Canadian dollars ($458.49

million).

The Swiss reinsurer expects to close the deal on March 19

and will hold no shares in Definity Financial ( DFYFF ) after that, it

said.

($1 = 1.4286 Canadian dollars)

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