Definity Financial Corporation: Rating Report

On June 28, 2023, DBRS Limited (DBRS Morningstar) upgraded Definity Financial Corporation’s (Definity) Issuer Rating to BBB (high) from BBB. DBRS Morningstar also upgraded the Issuer Rating and the Financial Strength Rating of Definity Insurance Company, the insurance operating subsidiary of Definity, to “A” from A (low). The trend is now Stable for all ratings.