Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Trisura Group Ltd ( (TSE:TSU) ) has issued an update.
Trisura Group Ltd. reported record-breaking annual financial results for 2024, with operating net income reaching $135.8 million. The company’s growth was driven by strong underwriting, increased net investment income, and strategic expansion in the US market. Despite challenges from non-renewed US programs, Trisura achieved significant increases in book value and net income. The company’s financial health is underscored by a conservative debt-to-capital ratio, supporting its capacity for further growth.
More about Trisura Group Ltd
Trisura Group Ltd. is a leading provider in the specialty insurance industry, offering products such as surety, corporate insurance, and warranty. The company is focused on expanding its market presence, particularly in the US, by growing its surety platform and developing its corporate insurance brand.
YTD Price Performance: -11.31%
Average Trading Volume: 88,513
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$1.61B
For detailed information about TSU stock, go to TipRanks’ Stock Analysis page.
