11:55 AM EDT, 06/04/2024 (MT Newswires) -- Trisura Group ( TRRSF ) held an Investor Day on Monday.

Inline with recent commentary, Trisura ( TRRSF ) continues to see growth opportunities across key areas of the platform (Canada operation, fronting in Canadian and U.S. markets) with an opportunity to expand relationships with distribution partners. Management stressed increased diversification (mix and fee income), service levels, and risk management. Importantly, RBC notes, Trisura ( TRRSF ) expects near term growth plans to be funded internally with existing capital levels. Organic growth remains the preference although M&A could be considered in certain cases, analyst Scott Heleniak adds.

Reiterate Outperform, $52 target, with no changes to estimates.

Price: 41.63, Change: +0.26, Percent Change: +0.63