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.