Trisura Group returns to profit in Q1 but US results hit by run-off of program

The Canadian owner of fronting platform Trisura reported a 38.5 percent increase in group operating profits to C$28.6mn for the first quarter, but said net income dropped 40.1 percent to C$14.0mn, including a C$1.7mn net loss in its US insurance business driven by losses on the run-off of a program.


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