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Trisura Group Ltd V.TSU


Primary Symbol: T.TSU Alternate Symbol(s):  TRRSF

Financial Services Insurance - Property & Casualty
Trisura Group Ltd. is a specialty insurance provider. The Company is engaged in operating in surety, risk solutions, corporate insurance, and fronting business lines of the market. It has investments in subsidiaries through which it conducts insurance and reinsurance operations. Those operations are primarily in Canada (Trisura Canada) and the United States (Trisura US). Its segments include the operations of Trisura Canada, comprising surety business underwritten in both Canada and the United States, and risk solutions, fronting and corporate insurance products primarily underwritten in Canada and Trisura US, which provides specialty fronting insurance solutions underwritten in the United States. The main products offered by its surety business line are contract surety bonds, commercial surety bonds, developer surety bonds, and new home warranty insurance. Its contract surety bonds, such as performance and labor and material payment bonds, are primarily for the construction industry.


TSX:TSU - Post by User

Trisura Group Ltd
Bullboard Posts
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(8)
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Post by Kopperknobon Mar 23, 2011 9:54am
370 Views
Post# 18326966

Financing

FinancingThe news is great and probably more to come.  If you have a look at the company presentation it speaks to a $45 million financing if Karl-101 was successful.  That would be another 200 million shares at the current share price.  Also some talk of a share consolidation.  Not bashing - the news is great  - but there is concern in my mind around the share structure.
Bullboard Posts
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