The Travelers Companies, Inc. announced the completion of its acquisition of The Dominion of Canada General Insurance Company from E-L Financial Corporation Limited. The combined organization, which will be referred to as Travelers Canada, will remain headquartered in Toronto.
“The combination of Travelers Canada and The Dominion is an exciting development,” said Alan Schnitzer, Vice Chairman and head of Travelers’ Financial, Professional & International Insurance business segment. “It creates an exceptional platform for strengthening our presence in Canada and expanding our relationships with customers and brokers. We look forward to leveraging the strengths and expertise of both organizations to deliver an expanded range of products and an even higher level of service.”
Source: The Travelers Companies.
Topics Mergers & Acquisitions Canada
Was this article valuable?
Here are more articles you may enjoy.
Old Republic to Acquire Small Farmowner Insurer Everett Cash Mutual 
Rotting Apple: Berkley Explains Property Market, Company Appetite 
Alaska Airlines Vows IT Upgrades After Outage Forces 400 Flight Cancellations 
Update: Catastrophe Bond Investors Told to Brace for Jamaica Payout 
