Trisura Group Ltd.
Trisura Group Ltd. Overview
Trisura is a leading specialty insurance provider operating in the Surety, Corporate Insurance, Warranty, Program and Fronting business lines of the market. Our operating subsidiaries include Canadian and US specialty insurance companies. Our Canadian specialty insurance subsidiary started writing business in 2006 and has a strong underwriting track record over its 19 years of operation, with a US Surety and US Corporate Insurance platform integrated with those operations. Our US specialty insurance companies have participated as highly reinsured entities since early 2018. Our US operations write business in both excess and surplus markets, and admitted markets.
Trisura has an experienced management team, strong partnerships with brokers, program administrators and reinsurers, and a specialized underwriting focus. We plan to grow by building our business in the US and Canada, both organically and through strategic acquisitions. We believe we can capitalize on favourable market conditions through our multi-line and multi-jurisdictional platform.
Stock Information
-
Ticker Symbol
TSU
-
Transfer Agent
TSX Trust Company
Credit Ratings
Issuer and financial strength ratings have been assigned to Trisura Group Ltd. (“Trisura”), its operating subsidiaries and its securities by AM Best and DBRS. The ratings are reflective of Trisura’s well-capitalized balance sheet, its notable growth and strong financial performance, and its established position in the Canadian specialty and US programs market, including extensive relationships in the brokerage and reinsurance industries. The ratings also help to indicate Trisura’s ability to meet its obligations to policyholders, investors, and others.
Financial Strength Ratings (FSR)
AM Best
DBRS
Fitch
Trisura Guarantee Insurance Company
A- (Excellent) Stable
A Stable
A- Stable
Trisura Specialty Insurance
A- (Excellent) Stable
A Stable
A- Stable
Trisura Insurance Company
A- (Excellent) Stable
A Stable
A- Stable
Bricktown Specialty Insurance Company
A- (Excellent) Stable
Not rated
Not rated
First Founders Assurance Company
A- (Excellent) Stable
Not rated
A- Stable
Issuer Credit Rating (ICR) / Issuer Rating
AM Best
DBRS
Fitch
Trisura Group Limited
Not rated
BBB (High) Stable
Not rated
Senior Unsecured Notes Trading
AM Best
DBRS
Fitch
Trisura Group Limited
Not rated
BBB (High) Stable
Not rated
Debt
Senior Unsecured Notes
CUSIP
89679AAA8
ISIN
CA89679AAA84
Principal Amount
C$75 million
Issue Date
June 11, 2021
Maturity Date
June 11, 2026
Coupon Dates
June 11 / December 11
Coupon
2.641%
All ratings are current as of December 17, 2025. Ratings information is provided via independent third-party resources. Trisura and its affiliates do not guarantee the accuracy, adequacy, completeness, or availability of ratings information. Additional information and the latest ratings are available on the web sites of the respective rating agencies. A rating is not a recommendation to buy, sell, or hold securities or to insure, and is subject to revision or withdrawal at any time by the rating agency. For further information on these ratings, please refer to the annual information form of Trisura dated February 28, 2025 and available on SEDAR+.
Contact Investor Relations
For information regarding Trisura Group Ltd. please contact:
Bryan SinclairSenior Vice President
Trisura Group Ltd.
416-607-2135
bryan.sinclair@trisura.com
Transfer Agent TSX Trust Company 416-682-3860 1-800-387-0825 shareholderinquiries@tmx.com
Subscribe to receive email alerts from GlobeNewswire when press releases from Trisura Group Ltd. become available to the public.
By subscribing you consent to having the information provided to us included in the GlobeNewswire database, and to recieve electronic messges from GlobeNewswire.