Trisura Group completes acquisition of 40% management interest in Canadian subsidiary
On December 1, 2017, Trisura Group Ltd. ("Trisura") announced the completion of its acquisition of the remaining 40% interest in its Canadian subsidiary that holds Trisura Guarantee Insurance Company from a group of current employees and directors in exchange for a total of 963,143 common shares of Trisura and 64,000 unlisted cumulative fixed rate reset preferred shares of Trisura.
Trisura Guarantee is a leading Canadian specialty insurance provider, which operates in the surety, risk solutions and corporate insurance segments of the market.
Trisura is an international specialty insurance provider operating in the surety, risk solutions, corporate insurance and reinsurance segments of the market.
Further information can be found on Globe Newswire's website.