The Globe and Mail reports in its Tuesday edition that in the fragmented domestic auto and home insurance market, the question arises: who will exit next? The Globe's Andrew Willis writes that recently, Travelers sold its Canadian operations to Definity Financial for $3.3-billion. This follows a trend of foreign-owned property and casualty insurers like State Farm and AXA withdrawing from the market over the last decade. Despite numerous departures, more than 150 P&C companies remain in a consolidating industry where scale and marketing are crucial. Most hold single-digit market shares, with Travelers having about 2 per cent, necessitating significant investment to grow. There are also a handful of Canadian companies -- including market leader Intact Financial, Definity, Desjardins Group, Co-operators, Fairfax Financial Holdings and Toronto-Dominion Bank -- with ambitions to dominate the sector. Analysts say further auto and home insurer consolidation is as inevitable as highway fender benders on holiday weekends. Intact has moved onto the global stage as part of its consolidation strategy. In 2020, Intact and a Danish insurer acquired London-based RSA Insurance Group PLC, a major player in the Canadian market, for $12.4-billion.