Trisura Group Ltd 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.

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Trisura Group Ltd

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Post by retiredcfon Sep 30, 2022 9:04am

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Post# 34997105

Small Caps to Watch

Our roundup of Canadian small-caps of between $100-million and $3-billion in market capitalization making news

Trisura Group Ltd. announced it has acquired The Sovereign General Insurance Company’s surety business in Canada. “The deal provides Trisura with access to a portfolio of contract, commercial and developer surety accounts, which in 2021 produced an annual premium of over $16-million,” the company stated.