04:25 PM EDT, 08/07/2025 (MT Newswires) -- Trisura Group ( TRRSF ) Thursday after-hours reported higher second-quarter operating income as gross premiums written declined slightly.
The specialty-insurer's operating income rose 6.4% to $33.3 million, or $0.69 per share, from $31.3 million, or $0.65, in the prior year period. The result missed the consensus analyst estimate of $0.71 per share, according to FactSet.
Gross premiums written declined 5.8% to $900.4 million, while underwriting income rose 11% to $28 million. Trisura ( TRRSF ) reported a combined ratio of 85.6% for the quarter.
"In Q2, we achieved a strong operating ROE of 17.8% with operating net income of $33.3 million or $0.69 per share," said Chief Executive David Clare. "We continued to benefit from our Specialty focus, disciplined underwriting and growing investment income."
Trisura ( TRRSF ) shares closed down $0.16 to $41.36 on the Toronto Stock Exchange.