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Stocks in play: Trisura Group Ltd.

Baystreet.ca - Baystreet - Fri Sep 30, 2022

And The Sovereign General Insurance Company announced the acquisition by Trisura of Sovereign Insurance’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 acquisition strengthens Trisura’s surety operation in Canada. Sovereign Insurance exits the surety business in Canada to focus more closely on its core commercial and specialty lines business. Trisura Group Ltd. shares T.TSU are trading up $0.30 at $33.17.

Provided Content: Content provided by Baystreet. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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