12:47 PM EDT, 03/12/2026 (MT Newswires) -- Trisura Group ( TRRSF ) chief executive David Clare says the U.S. remains a key growth driver and the company now holds 45 U.S. state licenses, with California and Florida representing key remaining approvals that could further support platform expansion.

Clare, who spoke at the RBC Global Financial Institutions Conference this week, says Trisura ( TRRSF ) expects reaching the next AM Best size category of $750 million will also help drive future growth. The company is currently "Size 10" ($500 million of equity).

Surety remains Trisura's ( TRRSF ) most mature business, providing bonding solutions for contractors undertaking infrastructure and construction projects. Trisura ( TRRSF ) is the fourth largest surety provider in Canada and continues to expand its U.S. presence, where the market is significantly larger and highly fragmented.

Trisura ( TRRSF ) is rated outperform, with a $59.00 price target at RBC.

Price: 43.56, Change: -0.30, Percent Change: -0.68