Trisura Group Ltd. · TSX:TSU
Trisura — Q1 2026 Earnings Presentation
18 slides from Trisura's earnings presentation, May 8, 2026
Slide 1: Financial Supplement
Consolidated Statements of Comprehensive Income (Unaudited) FINANCIAL SUPPLEMENT (UNAUDITED) Trisura Group Ltd. (TSX : TSU) As at March 31, 2026
Slide 2: Index
INDEX Notes to the Financial Supplement 2 Shareholder Information 11 Important Notes Shares Outstanding/Traded Consolidated Results 3 Common Share Performance Underwriting and Premium Growth Statements of Comprehensive Income 12 Underwriting Profitability Consolidated Underwriting Ratios Reconciliat
Slide 3: Important Notes
IMPORTANT NOTES Non-GAAP and Other Financial Measures Please note these statements are unaudited. For additional information, please refer to our MD&A and Consolidated Financial Statements. Financial reports are reported under International Financial Reporting Standards (IFRS). Non-IFRS financial me
Slide 4: Consolidated Results
Consolidated Results Consolidated Results (in 000s of CAD, except otherwise noted) 2026 Q1 Q4 Q3 2025 Q2 Q1 Q4 Q3 2024 Q2 Q1 2023 Q4 2025 Annual 2024 Annual 2023 Annual (Unaudited) Underwriting and Premium Growth Gross Premiums Written 732,427 786,655 853,712 900,376 711,671 714,721 767,756 956,118
Slide 5: Segment Results – Trisura Specialty
Segment Results – Trisura Specialty Consolidated Results (cont'd) (in 000s of CAD, except otherwise noted) 2026 2025 2024 2023 2025 2024 2023 Q1 Q4 Q3 Q2 Q1 Q4 Q3 Q2 Q1 Q4 Annual Annual Annual (Unaudited) Consolidated Underwriting Results Net Insurance Revenue 193,598 200,306 197,292 195,785 172,711
Slide 6: Trisura Specialty Results
Trisura Specialty Results 2026 2025 2024 2023 2025 2024 2023 Segment Results – Trisura Specialty (in 000s of CAD, except otherwise noted) Q1 Q4 Q3 Q2 Q1 Q4 Q3 Q2 Q1 Q4 Annual Annual Annual (Unaudited) Surety Gross Premiums Written 58,995 59,474 66,106 82,835 52,861 43,732 75,828 51,549 38,335 35,755
Slide 7: Trisura US Programs Results
Trisura US Programs Results 2026 2025 2024 2023 2025 2024 2023 Segment Results – Trisura US Programs (in 000s of CAD, except otherwise noted) Q1 Q4 Q3 Q2 Q1 Q4 Q3 Q2 Q1 Q4 Annual Annual Annual (Unaudited) Ongoing Programs Gross Premiums Written 509,028 515,873 578,163 574,361 479,078 440,518 489,349
Slide 8: Underwriting Income
Other Information Underwriting Income (in 000s of CAD, except otherwise noted) 2026 Q1 Q4 Q3 2025 Q2 Q1 Q4 Q3 2024 Q2 Q1 2023 Q4 2025 Annual 2024 Annual 2023 Annual (Unaudited) Underwriting Income Underwriting Income Breakdown Surety 27.5% 28.1% 32.0% 26.0% 30.8% 43.2% 24.7% 11.5% 28.3% 19.8% 29.2%
Slide 9: Financial Position
Financial Position 2026 2025 2024 2023 2025 2024 2023 Financial Position (in 000s of CAD, except otherwise noted) Q1 Q4 Q3 Q2 Q1 Q4 Q3 Q2 Q1 Q4 Annual Annual Annual (Unaudited) Statements of Financial Position Assets Cash and Cash Equivalents 261,281 287,752 244,705 247,806 231,176 270,378 262,850 4
Slide 10: Investment Portfolio
Investment Portfolio 2026 2025 2024 2023 2025 2024 2023 Investment Portfolio Q1 Q4 Q3 Q2 Q1 Q4 Q3 Q2 Q1 Q4 Annual Annual Annual Total Portfolio (Unaudited) By Asset Class Cash, Cash Equivalents and Short Term Securities 12.6% 14.3% 12.7% 13.8% 13.8% 16.7% 17.3% 27.7% 38.0% 40.9% 14.3% 16.7% 40.9% Go
Slide 11: Capital
Capital 2026 2025 2024 2023 2025 2024 2023 Other Information Q1 Q4 Q3 Q2 Q1 Q4 Q3 Q2 Q1 Q4 Annual Annual Annual (Unaudited) Ratings (1) Financial strength ratings - principal Canadian operating subsidiary A.M. Best Rating A- (Excellent) A- (Excellent) A- (Excellent) A- (Excellent) A- (Excellent) A-
Slide 12: Shareholder Information
Shareholder Information 2026 2025 2024 2023 2025 2024 2023 Shareholder Information (in 000s of CAD, except otherwise noted) Q1 Q4 Q3 Q2 Q1 Q4 Q3 Q2 Q1 Q4 Annual Annual Annual Shares Outstanding/Traded (Unaudited) End of Period (000s of shares) 47,462 47,619 47,809 47,809 47,779 47,779 47,779 47,746
Slide 13: GAAP Measures & Reconciliations
Consolidated Statements of Comprehensive Income (Unaudited) GAAP MEASURES & RECONCILIATIONS
Slide 14: Consolidated Statements of Comprehensive Income
Consolidated Statements of Comprehensive Income Statements of Comprehensive Income (in 000s of CAD, except otherwise noted) 2026 Q1 Q4 Q3 2025 Q2 Q1 Q4 Q3 2024 Q2 Q1 2023 Q4 2025 Annual 2024 Annual 2023 Annual (Unaudited) Consolidated Insurance Revenue 779,640 793,102 776,476 758,849 779,606 794,162
Slide 15: Reconciliations to Non-IFRS Measures
Reconciliations to Non-IFRS Measures 2026 2025 2024 2023 2025 2024 2023 (in 000s of CAD, except otherwise noted) Q1 Q4 Q3 Q2 Q1 Q4 Q3 Q2 Q1 Q4 Annual Annual Annual Consolidated Insurance Revenue 779,640 793,102 776,476 758,849 779,606 794,162 807,645 772,249 744,266 754,953 3,108,033 3,118,322 2,789
Slide 16: Segment Reconciliations – Trisura Specialty
Segment Reconciliations – Trisura Specialty Reconciliations to Non-IFRS Measures (cont'd) (in 000s of CAD, except otherwise noted) 2026 Q1 Q4 Q3 2025 Q2 Q1 Q4 Q3 2024 Q2 Q1 2023 Q4 2025 Annual 2024 Annual 2023 Annual (Unaudited) Trisura Specialty Insurance Revenue 244,328 257,033 265,353 265,531 252
Slide 17: Reconciliations to Non-IFRS Measures (cont’d)
Reconciliations to Non-IFRS Measures (cont’d) 2026 2025 2024 2023 2025 2024 2023 (in 000s of CAD, except otherwise noted) Q1 Q4 Q3 Q2 Q1 Q4 Q3 Q2 Q1 Q4 Annual Annual Annual Surety Insurance Service Result 6,105 11,006 12,558 10,383 6,747 18,640 11,362 5,559 6,150 4,290 40,690 41,710 29,544 Other Inc
Slide 18: Reconciliations to Non-IFRS Measures (cont’d)
Reconciliations to Non-IFRS Measures (cont’d) 2026 2025 2024 2023 2025 2024 2023 (in 000s of CAD, except otherwise noted) Q1 Q4 Q3 Q2 Q1 Q4 Q3 Q2 Q1 Q4 Annual Annual Annual Consolidated Net Premiums Written Insurance Revenue 779,640 793,102 776,476 758,849 779,606 794,162 807,645 772,249 744,266 754