Trisura Group Ltd
Trisura Group Ltd is a property and casualty insurance company that provides insurance products and services to commercial and specialty markets, primarily in Canada and the United States.
Business. Trisura Group Ltd (TSU.TO) is a property and casualty insurance company headquartered in Canada. The firm operates within the financials sector, generating revenue primarily through insurance premiums. It is listed on the Toronto Stock Exchange under the ticker symbol TSU.TO. Specific details regarding operating segments or geographic breakdowns are not provided in the available data.
Analyst recommendations
9 analysts · consensus BuyAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
Trisura Group Ltd (TSU.TO) is a property and casualty insurance company headquartered in Canada. The firm operates within the financials sector, generating revenue primarily through insurance premiums. It is listed on the Toronto Stock Exchange under the ticker symbol TSU.TO. Specific details regarding operating segments or geographic breakdowns are not provided in the available data.
Trisura Group Ltd maintains a relatively strong liquidity position, with a free cash flow of CAD 141.01 million and operating cash flow of CAD 382.80 million in the latest reporting period. However, the company's cash and equivalents of CAD 16.33 million are significantly lower than its long-term debt of CAD 157.03 million, resulting in a negative net cash position. This suggests that the company may need to rely on operating cash flow to service its debt obligations.
The company's profitability metrics indicate a strong return on equity of 15.38%, which is well above the industry median for property and casualty insurers. However, its return on assets of 2.84% is relatively modest, suggesting that the company is not leveraging its asset base as effectively as some of its peers. The debt-to-equity ratio of 0.17 indicates a conservative capital structure, with a low reliance on debt financing.
Trisura Group Ltd's revenue is primarily concentrated in the commercial and specialty insurance segments, with a significant portion of its business operations in Canada and the United States. The company does not disclose specific geographic revenue breakdowns, but its operations are largely domestic, with limited international exposure.
Looking ahead, the company is expected to maintain a stable growth trajectory, with analysts projecting a mean price target of CAD 57.44 and a median price target of CAD 59.00. The company's operating income of CAD 189.26 million and net income of CAD 142.25 million suggest a solid earnings base, but the outlook for future growth will depend on its ability to expand its market share and manage underwriting risks.
The company's risk profile is characterized by a medium liquidity risk and a low dilution risk. The negative net cash position is a key liquidity flag, but the company's strong operating cash flow provides a buffer against short-term liquidity pressures. There is no indication of near-term dilution pressure, as the number of shares outstanding has remained stable.
Recent filings and transcripts do not indicate any material changes in the company's strategic direction or underwriting approach. The company continues to focus on its core commercial and specialty insurance segments, with no significant new product launches or geographic expansions reported in the latest disclosures.
- Trisura Group Ltd has a strong return on equity of 15.38%, indicating effective use of shareholder capital.
- The company's liquidity position is supported by a free cash flow of CAD 141.01 million, but its negative net cash position raises some concerns.
- The company's debt-to-equity ratio of 0.17 suggests a conservative capital structure with limited leverage.
- Analysts project a mean price target of CAD 57.44, with a median of CAD 59.00, indicating a generally positive outlook.
- The company's risk profile is characterized by medium liquidity risk and low dilution risk.
Bull / Bear case
Generated · model-assistedIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 3,19 |
| Revenue | —no estimate | —no estimate | 469,3M CAD |
| Operating income | —no estimate | —no estimate | —no estimate |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- Return On Assetsnet_income / total_assets
- Trisura Group Ltd Market data — financials · 2026-05-29
- Trisura Group Ltd Market data — analyst estimates · 2026-05-29
- Trisura Group Ltd Market data — ESG · 2026-05-29
Ownership & reference
Leadership
- David ClarePresident, Chief Executive Officer, Director