Healthcare of Ontario Pension Plan News

Canada Insurer Definity Surges on Market Debut After $1.6B IPO Backed by Swiss Re

TORONTO – Insurer Definity Financial Corp jumped as much as 36% on its stock market debut on Thursday after raising C$2.1 billion ($1.6 billion) in Canada’s second-largest IPO. Waterloo, Ontario-based Definity priced its IPO at C$22.00 per share, the top …

P/C Insurer Definity Raises $1.1B in Largest Canadian IPO of 2021

Definity Financial Corp., the property and casualty insurer formerly known as Economical Mutual Insurance Co., raised about C$1.4 billion ($1.1 billion) in the largest Canadian initial public offering of the year. A total of 63.6 million shares were sold for …