Report
Marcos Alvarez ...
  • Victor Adesanya

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.
Provider
DBRS Morningstar
DBRS Morningstar

DBRS Morningstar is a global credit ratings business with 700 employees in eight offices globally. DBRS and Morningstar Credit Ratings are committed to empowering investor success, serving the market through leading-edge technology and raising the bar for the industry.

Together, we are the world’s fourth largest credit ratings agency and a market leader in Canada, the U.S. and Europe in multiple asset classes. We rate more than 2,600 issuers and 54,000 securities worldwide and are driven to bring more clarity, diversity and responsiveness to the ratings process. Our approach and size provide the agility to respond to customers’ needs, while being large enough to provide the necessary expertise and resources. For more details visit us at dbrs.com.

Analysts
Marcos Alvarez

Victor Adesanya

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