04:53 PM EST, 11/06/2025 (MT Newswires) -- Trisura Group ( TRRSF ) Thursday after-trade reported higher third-quarter operating earnings that met forecasts.

The specialty insurer said operating net income rose 3.6% to $34.4 million, or $0.71 per share, from $33.2 million, or $0.68, in the prior-year period. The improvement was due to profitable underwriting and growth in net investment income. The result also met the consensus analyst forecast of $0.71 per share, according to FactSet.

Underwriting profit fell 4.7% to $27.6 million, from $29 million, in the previous corresponding quarter. Combined operating ratio increased slightly to 86%, from 84.4%. According to the company, the higher COR was due to a shift in business mix towards Trisura Specialty, which generally has a higher combined ratio and had a higher loss ratio in the quarter.

Trisura ( TRRSF ) shares closed down $0.64 to $36.98 on the Toronto Stock Exchange.