Credit Rating Report
Definity Financial Corporation: Rating Report
Insurance OrganizationsSummary
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.
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Contacts
Victor Adesanya
Vice President - Global Insurance & Pension Ratings
+(1) 416 597 7350
victor.adesanya@morningstar.com- Marcos Alvarez
Managing Director - Global Financial Institution Ratings
+(34) 919 036 529
marcos.alvarez@morningstar.com