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Trisura Group Ltd T.TSU

Alternate Symbol(s):  TRRSF

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

Post by retiredcfon Mar 17, 2024 12:44pm
150 Views
Post# 35937254

Comparison

ComparisonI want to increase my position in these companies: CGI Inc, Trisura Group and Emera. Please give your order for doing so along with some reasons.

Given the three names, we would be more inclined to add in this order (from most to least):

GIB.A (balanced between upside potential and downside protection). Good margins; big backlog. 

TSU (small insurance company with track record of decent profitability and growth). The sector is doing well and there is good upside potential. 

EMA (we would not be too eager to add here given the capital intensity and leverage profile, and we think the other two have much better prospects). (5iResearch)

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