Two asset managers are overseeing the sale of the shares in the Canadian market.
The company reaffirms its intention to use its financial capacity to make acquisitions.
The six largest P&C insurers together held 53.8% of the market share.
Several insurers have been at the heart of major transactions closed during the last 12 months.
The Canadian Federation of Independent Business is making recommendations to governments and insurers aimed at limiting
For the same quarter in 2023, the company reported a loss.
An analysis of first-half results for Intact, Definity, Fairfax, and Trisura.