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B+

Review of Trisura Group Ltd.

SEP 05, 2024 - Trisura Group (TSU) is a leading specialty insurance company that operates in the surety, risk solutions, corporate finance, and fronting business lines. TSU has a long history of strong underwriting in its Canadian specialty lines business, and its expansion into the US specialty market has helped grow the company’s top line. Considering its rebound in profit margins and the potential shift in investor sentiment as its writedown issues are largely in the past, we are upgrading our rating by one notch to a ‘B+’.

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