Reinsurance News
Trisura
Trisura reports Q4’25 net income of $37.6m and 85.2% CoR
16th February 2026
Trisura Group, a specialty insurance provider, announced its financial results for the fourth quarter of 2025, reporting a net income of $37.6 million, which increased 95.1% from the $19.2 million reported in Q4 2024, and a combined ratio of 85.2%. According to the insurer, the increase in net income was primarily ... Read the full article
Trisura’s operating net income rises 3.6% in Q3’25 amid profitable underwriting
7th November 2025
Trisura Group Ltd., a specialty insurance provider, reported an operating net income of $34.4 million in the third quarter of 2025, up 3.6% compared to $33.2 million in the same period a year earlier, demonstrating consistent profitable underwriting and growth in net investment income. For the quarter, the company posted a ... Read the full article
Trisura’s operating net income rises 6.4% in Q2’25 driven by underwriting growth
11th August 2025
Trisura Group Ltd., a specialty insurance provider, reported an operating net income of $33.3 million for the second quarter of 2025, up 6.4% from $31.3 million in the same quarter a year earlier, driven by growth in underwriting income and net investment income. The company posted a net income of $37.1 ... Read the full article
Trisura reports strong operating ROE amid 20.4% lower Q1’25 net income
12th May 2025
Specialty insurance provider Trisura Group has announced its financial results for the first quarter of 2025, reporting a net income of $29.0 million and strong operating return on equity (ROE) of 18.4% driven by operating net income of $34.2 million. Trisura noted that Q1 2025 net income was lower than Q1 ... Read the full article
ShoreOne lifts capacity with Trisura partnership
24th March 2025
ShoreOne Insurance Managers Inc., a provider of insurance solutions for coastal homeowners, has strategically partnered with Trisura Specialty Insurance Company, increasing its capacity to homeowners in select coastal regions. ShoreOne, founded in 2019, aims to address the coverage gap that flood-exposed coastal homeowners face. This latest partnership with Trisura adds a third ... Read the full article
Trisura reports net income and insurance revenue increase in Q4’24
17th February 2025
Trisura Group Ltd., a specialty insurance provider, has released its financial results for the fourth quarter of 2024, reporting increased net income and insurance revenue, to $19.3 million and $794.2 million, respectively. Net income for the quarter increased 70.1%, compared to Q4 2023’s $11.3 million, as a result of growth in ... Read the full article
Trisura appoints Richard Grant as President & CEO
16th January 2025
Specialty insurer Trisura Guarantee Insurance Company (Trisura) has announced the appointment of Richard Grant as President & CEO, in addition to his role as Chief Underwriting Officer of Trisura Group. Grant has been with Trisura since its founding in 2006, starting as Senior Vice President of Specialty Insurance Solutions. He most ... Read the full article
Trisura Group posts 10.5% insurance revenue growth in Q3’24
8th November 2024
Trisura Group Ltd., the specialty insurance provider has released its financial results for the third quarter of 2024, which includes insurance revenue growth of 10.5%, climbing from $730.7 million to $807.6 million, which was primarily reflected through continued momentum across North America. Within its insurance operations, the group saw an 18.4% ... Read the full article
Trisura Group reports operating net income growth of 20.1% in Q2 2024
2nd August 2024
Specialty insurance provider Trisura Group has announced its financial results for the second quarter of 2024, reporting "strong performance" with operating net income of $31.3 million, a 20.1% increase from the $26.0 million seen in the same period the year prior. According to the firm, the increase in operating income was ... Read the full article
Trisura Group reveals new senior management team
14th June 2024
Trisura Group Ltd, a specialty insurance provider operating in surety, risk solutions, and corporate insurance, announces several senior management appointments across the organisation. Richard Grant, who has been with Trisura Canada since its inception, has been appointed Chief Underwriting Officer. Initially leading the Corporate Insurance practice and most recently serving as ... Read the full article
Trisura reports significant net income surge in Q1’24 results
3rd May 2024
Specialty insurance provider Trisura Group has reported a remarkable net income of $36.4 million for the first quarter of 2024, representing a significant 160.7% increase compared to $14 million in the same period last year. The company attributes this impressive surge to several factors, including business growth, enhanced profitability in US ... Read the full article
Trisura sees substantial improvement in net income in Q4 results
9th February 2024
Specialty insurance provider, Trisura Group, has posted $25.9 million operating net income in the fourth quarter of 2023, which the company said was achieved through measured growth, profitable underwriting and enhanced investment income – supporting annual operating net income of over $110 million. At the same time, the company reported $11.3 ... Read the full article
Trisura’s Q3’23 net income falls 38.7% to $14.8 million
6th November 2023
Specialty insurance provider, Trisura Group, has reported $14.8 million of net income in the third quarter of 2023, a decrease of 38.7% compared to $24.2 million from the prior year quarter, primarily due to costs related to the run-off of a US fronting program. Gross premiums written is replaced by insurance ... Read the full article
Trisura Group expects $12mn after-tax loss in Q3 2023
30th October 2023
Specialty insurance provider, Trisura Group, forecasts its net income for the third quarter of 2023 to include $12 million after-tax loss from non-recurring items, including the negative impact of the US run-off program. The firm also estimates an additional negative after-tax impact of $5 million driven primarily by unrealized losses on ... Read the full article
Trisura appoints Terry Michalakos as SVP of North American Surety
19th September 2023
Specialty insurer Trisura Group Ltd. has announced the appointment of Terry Michalakos as the Senior Vice President (SVP) of North American Surety. Michalakos’ remit in the new role will include supporting surety teams across North America to underwrite strategic opportunities. The appointment comes as Trisura looks to participate in surety bond requirements ... Read the full article
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